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Enigma announces expanded Sales and Marketing data platform with unparalleled nationwide coverage of SMBs
Thursday, May 18, 2023

Enigma, a data science company that provides a complete and dynamic view of the financial health and identity of U.S. businesses, today unveiled its new Sales and Marketing data platform. Financial Services, Merchant Services, and Vertical SaaS companies can now benefit from a comprehensive and dynamic view of U.S. private businesses.

NEW YORK, May 10, 2023 /PRNewswire-PRWeb/ -- Enigma, a data science company that provides a complete and dynamic view of the financial health and identity of U.S. businesses, today unveiled its new Sales and Marketing data platform.

The platform marks Enigma's continued growth and commitment to providing the most accurate data about small and medium businesses (SMBs). Since 2020, Enigma has seen an 8x increase in its customer base and has expanded its suite of SMB data to include additional transaction-level intelligence such as ecommerce activity, refunds, payments technographics, and seasonality.

"Dynamic and real-world financial data about SMBs and private companies is critical for successful sales and marketing success. The ability to differentiate a $100,000 annual revenue business from a $1,000,000 one, and to understand whether it is on track to grow, can supercharge marketing efforts," said Charles Zhu, VP of Product at Enigma.

All Enigma customers can now access near-real-time revenue intelligence, detailed firmographics, technographics, and contacts for millions of small and medium businesses. Early customers found that these insights increased the conversion on their marketing and growth campaigns by 200% to 300%.

Unique features of Enigma's data platform include:

    --  Real revenues: Business revenues built from our proprietary credit and
        debit card panel, the largest in the U.S. This enables customers to
        access transaction-level intelligence about a small business, like
        payment processing systems used, refunds, ticket size, and more.
    --  Dynamic updates: Instant visibility into the ever-changing financial and
        operating health of a business. This includes monthly updated growth
        trajectory and trends, continuously updated contacts, and alerts about
        key financial events in a business's life cycle.
    --  Unparalleled SMB coverage: Enigma draws from hundreds of major public
        and private data sources, leveraging our entity resolution technologies
        to create a rich, unified profile of a business. Enigma is the industry
        leader in coverage of consumer-facing and card-accepting private
        businesses, providing coverage of the long-tail of small businesses.

Enigma's proprietary machine learning algorithms unite hundreds of public and private sources, covering into robust business profiles, covering the long-tail of small businesses and as much as 70% of mid-size businesses, offering over 30 million contacts.

The constantly refreshing contact data will include titles, phones, addresses, and emails. In addition, customers are able to leverage Enigma's proprietary Machine Learning technology to identify their most promising leads based on timing, firmographics, and financials.

Rob Hewitt, Commercial Director at Phorest, a vertical SaaS company serving the salon industry, highlighted how Enigma's data enabled Phorest to find and engage with top salons across all markets.

"Enigma Sales and Marketing helps our team identify the top prospects that match our ideal customer profile. Using Enigma's data about business financial health and granular industry classifications, we've been able to optimize our prospecting efforts to boost conversions and grow our customer base," said Hewitt.

Enigma Sales and Marketing is available immediately. Click here to request an analysis of SMB performance and sample set of businesses, tailored by industry.

To see demos of Enigma's data in action, including the Sales and Marketing solution, join Enigma on May 10-11, 2023, at Fintech Nexus, Booth #121.

About Enigma
Enigma provides comprehensive intelligence about the identity and financial health of every small and medium business across the United States. By engineering better data from hundreds of public and third-party sources, we aim to tell the complete story of every business, so that companies of every size can access the financial services they need to grow and thrive. Financial organizations from the world's largest banks to tomorrow's unicorns use Enigma's data to better serve their small business customers. To learn more visit enigma.com.

Media Contact

Madeline Ross, Enigma, 1 201.485.6153, press@enigma.com

SOURCE Enigma



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