Intrinio Adds IEX Pricing, Eyes More XBRL Data

After starting out as a developer of an app for valuing companies, Intrinio became frustrated by the costs of data collection.

Screen full of share prices

Intrinio started life as an application for valuing companies, says chief executive Rachel Carpenter. “To build an application, we needed data. But after looking at the different options, we realized they were extremely expensive. If you were in a position like us as an app developer… and you display the information publicly, you’re going to get slammed with redistribution fees. We couldn’t afford the data for the application, so we said ‘Let’s solve this problem first’,” she says, adding that

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