Integration of SourceScrub’s verified data into DealCloud’s DataCortex product to provide clients with increased visibility on movements and opportunities within the capital markets
DealCloud, a technology leader for CRM and deal management in the capital markets, and SourceScrub, Inc., an origination intelligence and target identification platform, announce a strategic partnership to integrate SourceScrub data within the DealCloud DataCortex product.
“Along with countless product enhancements and opening our first European office, we’ve made several data partnerships over the last year that allow our clients to more confidently move about their day-to-day dealmaking activities,” says DealCloud Chief Operating Officer Lokesh Seth about the integration. “The launch of this particular partnership between DealCloud and SourceScrub signifies to deal professionals that not only can various data streams be accessed via the centralized DealCloud product, it can also be verified with the help of SourceScrub’s expert research team. Together, we want to empower private equity, venture capital, investment banking, and corporate development teams of all sizes to better allocate their time and more effectively validate their prospecting decisions.”
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SourceScrub’s data – which is comprised of lists from over 20,000 sources including industry conferences, buyers guides, fast growth publications and market maps – is increasingly sought after by business development and deal professionals for its support in prospecting and diligence activities across the M&A ecosystem.
Through the integration, DealCloud customers can leverage SourceScrub’s private company data using industry-specific data points, such as ownership and size, along with C-level contact information. SourceScrub employs advanced search logic and technology to narrow or widen searches and is fully equipped to export lists via Excel.
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“Capital is still a commodity [this far in 2019] and the market remains competitive as ever. SourceScrub provides investment professionals and bankers with relevant private company information that they would otherwise spend countless hours gathering themselves,” said Tyler Fair, CEO and Co-Founder of SourceScrub. “Even if you aren’t a ‘sourcing shop,’ you can utilize SourceScrub simply to identify other assets in a space allowing you to build market landscapes and evaluate an opportunity in real time.”
Over 500 principal investing firms, investment banks, and operating companies rely on DealCloud’s solutions for storage of proprietary data, deal sourcing, origination and deal management. In addition to SourceScrub, DealCloud has data partnerships with Pitchbook, DataFox, and Sutton Place Strategies.
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