OverviewSuggest Edit

Validis is a company that provides a data pipe for commercial lenders and accountants. It offers a cloud-based technology that collects financial data from a business’s online or desktop accounting application and transforms the data into a standardized format. The company develops DataShare API, a solution that automatically structures data into a full chart of accounts.
TypePrivate
Founded2013
HQLondon, GB
Websitevalidis.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Apr 2022)62(-1%)
Revenue (FY, 2020)£3.5 M(+45%)
Cybersecurity ratingAMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Validis

Paul Thomas

Paul Thomas

CEO
Hardeep Attwal

Hardeep Attwal

CFO
Jeff Gramlich

Jeff Gramlich

EVP of Business Development - Accounting
Bob Stephenson

Bob Stephenson

UK Sales Director
Don Robert

Don Robert

Non-Executive Chairman
Lindsey McMurray

Lindsey McMurray

Board Member
Show more

Validis Office Locations

Validis has offices in London and Austin
London, GB (HQ)
The Outward Bound Trust, 207 Waterloo Rd, South Bank
Austin, TX, US
7800 Shoal Creek Blvd suite 231 - s
Show all (2)

Validis Financials and Metrics

Summary Metrics

Founding Date

2013
Show all financial metrics

Validis Revenue

Validis's revenue was reported to be £3.49 m in FY, 2020 which is a 44.1% increase from the previous period.
GBP

Revenue (FY, 2020)

3.5m

Revenue growth (FY, 2019 - FY, 2020), %

44.1%

Net income (FY, 2020)

(3.1m)

EBIT (FY, 2020)

(3.3m)

Cash (31-Dec-2020)

753.0k
GBPFY, 2019FY, 2020

Revenue

2.4m3.5m

Revenue growth, %

44%

Operating expense total

(7.6m)(6.8m)

Depreciation and amortization

958.0k945.0k
GBPFY, 2019FY, 2020

Cash

230.0k753.0k

Accounts Receivable

1.1m1.8m

Current Assets

2.0m2.9m

PP&E

13.0k6.0k
GBPFY, 2019FY, 2020

Net Income

(5.4m)(3.1m)

Depreciation and Amortization

959.0k944.0k

Accounts Payable

611.0k366.0k

Cash From Operating Activities

(2.9m)(2.1m)
GBPFY, 2019

Revenue/Employee

40.4k

Debt/Equity

-1.8 x

Debt/Assets

0.9 x

Financial Leverage

-1.9 x
Show all financial metrics

Validis Operating Metrics

Dec, 2021

Partners

10

Products

2
Show all operating metrics

Validis Acquisitions / Subsidiaries

Company NameDateDeal Size
Future RouteOctober 13, 2015
Validis Holdings Limited
Validis LLC
Validis UK Limited

Validis Revenue Breakdown

Embed Graph

Validis revenue breakdown by geographic segment: 39.8% from United Kingdom and 60.2% from Rest of the World

Validis Cybersecurity Score

Cybersecurity ratingPremium dataset

A

94/100

SecurityScorecard logo

Validis Online and Social Media Presence

Embed Graph

Validis Company Culture

  • CEO Rating

    F

    50/100

  • Compensation

    F

    10/100

Learn more on Comparably

Validis News and Updates

CrediLinq.ai chooses Validis to streamline SME lending

Validis, the provider of open accounting data analytics, announces its latest partnership with CrediLinq.ai, the soon-to-be-launched AI-powered SME lending platform.

Validis Blogs

Validis Partners with Abrigo to Speed Up Small Business Lending Process for U.S. Financial Institutions

Abrigo, the leader of compliance, credit risk, and lending solutions for financial institutions, announced an alliance with Validis, a secure data ingestion platform that pulls clients’ financial information in real-time, standardized for easy consumption. This partnership will allow financial insti…

Auvenir partners with Validis to power audit and assurance technology for small to mid-size accounting firms

Validis is excited to announce a new partnership with Auvenir, a cloud-based financial assurance platform. The post Auvenir partners with Validis to power audit and assurance technology for small to mid-size accounting firms appeared first on Validis.

The accounting profession is breaking up with “Sally”

Same As Last Year) has been a much loved friend of accounting firms the world over for the last 100 years. It’s been a familiar, ever so comfortable way of doing business. The post The accounting profession is breaking up with “Sally” appeared first on Validis.

Grant Thornton Australia partners with Validis to embrace Open Banking across audit services

Leading audit firm Grant Thornton announces an extended partnership with Validis to enhance their audit services for thousands of Australian businesses, powered by leading Open Banking capabilities. The post Grant Thornton Australia partners with Validis to embrace Open Banking across audit services…

Financial data: the renewable power source of SME banking

Author:  Ronan O’Dea, Head of Product, Validis   With its article headlined “The world’s most valuable resource is no longer oil, but data” The Economist, back in 2017, paved the way for the rallying cry of the last few years that “data is the new oil”. The presumption then was the more oil or data …

Bank North chooses Validis to power accounting data for SME lending

We’re delighted to announce our latest UK customer, Bank North. Having recently obtained a UK banking license (Authorisation with Restrictions), Bank North are set to open the doors to its first lending pod in Manchester later this year, before rolling out across the UK. Their de-centralised lending…
Show more

Validis Frequently Asked Questions

  • When was Validis founded?

    Validis was founded in 2013.

  • Who are Validis key executives?

    Validis's key executives are Paul Thomas, Hardeep Attwal and Jeff Gramlich.

  • How many employees does Validis have?

    Validis has 62 employees.

  • What is Validis revenue?

    Latest Validis annual revenue is £3.5 m.

  • What is Validis revenue per employee?

    Latest Validis revenue per employee is £56.4 k.

  • Who are Validis competitors?

    Competitors of Validis include Virtu Financial, CRISIL and Options AI.

  • Where is Validis headquarters?

    Validis headquarters is located at The Outward Bound Trust, 207 Waterloo Rd, South Bank, London.

  • Where are Validis offices?

    Validis has offices in London and Austin.

  • How many offices does Validis have?

    Validis has 2 offices.