DUEDIL AND ARTESIAN MERGE
15 September 2021
DueDil merges with Artesian Solutions
Merger backed by Volution, Notion, Augmentum and Octopus Ventures
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We are delighted to announce that Volution portfolio company DueDil has merged with Artesian Solutions.
Over the last decade, Artesian and DueDil have set the pace of innovation in the UK’s company intelligence space and in recent years, have become major players in the rapidly evolving B2B FinTech/RegTech market; Artesian solving many of the complex challenges impacting the frontlines of banks and insurers, and DueDil helping FSI businesses meet the regulatory and compliance needs of the middle and back office.
DueDil and Artesan Solutions have complementary capabilities. Artesian Solutions offers mobile tools, CRM connectors, business events, a rules engine and web applications. Conversely, DueDil has focused on a set of APIs and relationship data.
CEO Andrew Yates will head the merged company with Justin Fitzpatrick assuming the role of COO. The broader leadership team contains individuals from both companies.
Andrew Yates, Artesian+DueDil CEO commented, "Our new company will be able to make strategic investments for sustainable and profitable growth, remaining agile to new opportunities whilst keeping focused on leveraging our newly combined strength to drive greater value for our customers."
Justin Fitzpatrick, Artesian+DueDil COO said, “Over the past decade, DueDil and Artesian have delivered some of the most innovative and successful technology solutions, tackling the financial service market’s biggest client lifecycle challenges. We will continue to draw on this experience together to push the boundaries even further.”
James Codling, Managing Partner of Volution said, ‘This merger creates a major player in the RegTech space focused on supporting banks, insurers and FinTechs to onboard and grow the right customers for life. Congratulations to Justin Fitzpatrick, Andrew Yates and the entire DueDil / Artesian teams.
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