Tenity invests in portfolio company Automated Data Inc. to revolutionize data connectivity and power the AI era for next generation insights
Tenity announces follow-on investment in Automated Data, a platform tackling fragmented data in financial services through AI-powered automation and integration.
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Zurich, Switzerland – October 21, 2024 – Tenity is pleased to announce its follow-on investment in Automated Data, a pioneering platform addressing the financial services industry's critical challenge of fragmented and siloed data. This investment aligns with Tenity’s mission to support innovative startups tackling significant industry pain points and driving operational efficiency.
Automated Data’s platform transforms data management by automating the integration of data across various systems, breaking down silos and enabling seamless workflows. In a sector where scalability and unified data management are crucial, their solution enhances operational efficiency and supports data-driven decision-making, allowing organizations to scale more effectively.
A key challenge in financial services is fragmented data spread across different systems, making integration difficult. Automated Data, streamlines workflows through automation, delivering immediate improvements in efficiency and scalability across the industry.
Leading Automated Data are CEO Michael Rude and CTO Mark Etherington, who bring a powerful combination of technical expertise in data management and automation, coupled with deep domain knowledge of the financial services industry. This leadership team positions Automated Data to drive innovation and adoption across the industry.
Guillermo Forteza, Investment Manager at Tenity, affirms: “We are excited to support Automated Data as they tackle one of the most pressing challenges in the financial services industry: data fragmentation and inefficiency. Their ability to automate data matching across siloed systems is not only innovative but necessary for the future of this sector. We are confident that Michael, Mark, and their teams’ technical proficiency and deep understanding of financial services will drive their success and accelerate growth.”
As data-matching automation becomes evermore critical to the success of financial services, Automated Data is perfectly poised to meet this growing demand. Their scalable platform is designed to tackle data challenges not just in financial services, but also across multiple industries as they continue to expand.
Michael Rude, Founder & CEO of Automated Data adds: “We’re excited to partner with Tenity as we expand our platform’s reach in the financial services sector and beyond. Their support will allow us to accelerate our development and market strategy, helping more businesses streamline their data processes and unlock new efficiencies.”
About Automated Data
Automated Data is a data connectivity platform that leverages human-powered AI to seamlessly understand, connect, and act on your disparate data.
contact@automated-data.io
