Customer Stories — How AlbionVC Uses the Beauhurst API to Enrich Its Data
Cat McDonald
Investment Director
Customer overview
Client: AlbionVC
Industry: Venture Capital
Location: London
People: 25
The challenge
Our solution
Outbound origination
“Beauhurst has been pivotal in helping us overcome the shortcomings that are associated with more traditional models, such as discovering underrepresented founders and a more diverse set of companies.”
Connecting with our API
AlbionVC have recently started using our API function to plug Beauhurst data directly into their systems. This has completely changed the way they use the data, automating a number of workflows and freeing up internal resources to focus on more valuable activities.
Cat McDonald detailed that while there’s always more that can be done with data strategy, “the API has given us a much more efficient way to consume the great data that comes out of the Beauhurst platform.”
There are now a number of ongoing initiatives that the team at AlbionVC are introducing internally that will rely on this API going forward—a feature that they say was a critical element of their renewal.
Depth of UK data
For AlbionVC, the UK is just one of many focus markets. While they use a number of other platforms to bolster their business development strategies in other markets, the data that Beauhurst holds on UK companies is unrivalled:
“The data quality and depth we get through Beauhurst is really important to us and helps us hit the bar that we need to hit.”
With an internal objective to find any and all companies that fit in with the investment criteria of their fund, it’s crucial that the data they access covers the entire market. Through Beauhurst data, AlbionVC are able to get a clear picture and mitigate the risk of companies falling through the cracks.
The results
Since using Beauhurst, AlbionVC have completely changed the way they use data to support their business development and decision-making processes. The introduction of our API tool has resulted in significant time saving across the business, providing them with even more value from the platform than they utilised previously.
Data is becoming more and more vital for firms within the venture capital industry. The comprehensive nature of the information we provide in the UK market has strengthened AlbionVC’s resources and allowed them to become more competitive in a rapidly changing market.
“Beauhurst has played a key part in helping us to augment our CRM and have a single source of truth, discovering companies and fundraisers that would have otherwise gone under our radar.”
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