NEWS16 November 2022
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US – Research data collection company Rep Data has closed a $6.25m Series A funding round led by Recurring Capital Partners, with plans to invest in data quality.
Founded in 2020, New Orleans-based Rep Data offers data collection, sampling and data processing for quantitative research studies.
Rep Data said it will use the financing to work on its aims of improving respondent data quality and making efficiencies in the market research process, and continue investing in staff.
Rep Data has grown its revenue “significantly” since launch, and expanded its team to 43 people.
Patrick Stokes, founder and chief executive, Rep Data (pictured), said: “This funding allows us to continue investing in premium talent, and truly put our money where our mouth is as we continue to lead data collection practices in the market research space.
“We will be making further investments to boost data quality, building a protective layer between survey panels and live survey opportunities, plus addressing other pivotal needs in the industry for reliable, consistent service and expert collaboration.”
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