Intrinio Raises $5 Million for Data R&D, Institutional Push

The St. Petersburg, Fla.-based vendor will use the funds to expand its data coverage and increase its footprint in the institutional investor space.

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Low-cost data marketplace provider Intrinio plans to expand its proprietary datasets and increase its presence among institutional investors after raising $5 million in Series A funding led by venture capital firm Nyca Partners.

Originally founded to provide access to data scraped from regulators’ databases using machine-learning algorithms, Intrinio has since also partnered with data providers such as Quodd Financial Information Services and Zacks Investment Research for information it cannot

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