|Description||Crowdsourced Earnings Estimates|
|Seed, 5/2011 |
|Series A, 9/2012 |
Contour Venture Partners
Longworth Venture Partners
|Venture Round, 3/2014 ||$1.2M|
Estimize is a buy side and independent analyst estimates platform. The firm was founded in 2011 by former quantitative hedge fund analyst Leigh Drogen, with the belief that sell-side analysts are not correctly incented to provide accurate and unbiased earnings analysis due to inherent conflicts within the investment banking construct. By crowdsourcing estimates from a diverse community of individuals, Estimize provides both a more accurate and more representative view of true expectations.
2682 analysts contribute to Estimize on over 900 publicly traded stocks. The Estimize consensus has proven more accurate than comparable sell-side data sets over 69% of the time.
Estimize was named to Forbes 9 Hottest Startups of 2013 list, and FastCompany’s 50 Most Innovative Companies in the World for 2014. Estimize founder Leigh Drogen was named to the Forbes 30 Under 30.
They provide an API for commercial, academic, and third party developer use.
Estimize vedioAdded: 9/30/13