The Data City secures £2m Series A investment from Oxford Economics to fuel global expansion.
Oxford Economics backs the artificial intelligence data business in a deal valuing the firm at £19m.
The Data City provides real-time data and artificial intelligence driven insights to map emerging economic sectors. Its platform replaces traditional classification methods with dynamic industry definitions for public and private sector clients.
The Data City has secured £2m in Series A funding from Oxford Economics to accelerate its international expansion and technology development. The investment nearly doubles the valuation of the Leeds-based artificial intelligence data business to £19m following a record year of growth.
The fresh capital will be directed towards enhancing global data infrastructure and supporting initial market development for a joint venture in the United States alongside Oxford Economics. The transaction builds on a period of sustained commercial momentum that included expanding headcount and securing major government and corporate clients.
Oxford Economics brings global economic forecasting expertise to the partnership, aiming to drive innovation in sector analysis and investment decision-making. The funding caps a successful recent period for the firm, which also launched the fifth version of its classification platform.
From the founder
"We’re revolutionising economic data by providing real-time insights into what companies do, without relying on outdated SIC/NAIC codes. With Oxford Economics on board, we’re set to expand our reach, particularly in North America, and strengthen our position as the go-to source for industry classification."
Alex Craven
CEO at The Data City
Investor perspective
"Our clients need access to data that reflects the economy as it is today, not how it was classified in 2007. The Data City is redefining how businesses, investors, and policymakers understand industries. We’re excited to support their next phase of growth."
Adrian Cooper
CEO, Oxford Economics
Use of funds
- 01Build out infrastructure
- 02Expand into international markets
- 03Scale operations
Investors
Categories
About the company
The Data City
The Data City builds a real-time data platform to classify and analyse emerging economic sectors.