The Data City, a Leeds, UK-based Data as a Service company, has raised a £2 million investment at a £19 million valuation.
Investor
The investment comes from Oxford Economics, a global economic analysis and forecasting firm serving businesses, financial institutions, and governments worldwide. Oxford Economics supports intelligent, responsible decision-making with timely, data-driven insights.
The Data City Use of Funds
The funds will accelerate The Data City's international expansion, enhance its AI technology, and support the development of new markets, particularly through a planned US joint venture with Oxford Economics.
About The Data City
The Data City provides a SaaS/DaaS platform designed to help government, researchers, policymakers, and investors understand emerging industrial sectors. Leveraging AI, the platform offers real-time market insights and business classifications into emerging sectors such as AI, FinTech, and CleanTech, enabling users to make informed, data-backed decisions. The Data City uses website text and machine learning to classify companies based on what they do, allowing users to quickly map, track, and understand growing sectors and companies.
Funding Details
Company: Data City Innovations Ltd.
Raised: £2.0M
Round: Unknown
Funding Date: March 2025
Investor: Oxford Economics
Company Website: https://thedatacity.com/
Software Category: AI Business Intelligence and Data Analytics
Source: https://www.oxfordeconomics.com/resource/oxford-economics-invests-2-million-in-the-data-city-to-drive-ai-powered-business-intelligence/