Demyst

New York, NY, USA Fintech Acquired

Demyst (formerly DemystData) operates an external data management platform that enables banks, insurers, and other financial institutions to discover, evaluate, and deploy third-party data quickly and securely. Its Zonic orchestration platform streamlines access to hundreds of curated data providers across identity, income, business verification, and credit-risk categories, helping clients automate onboarding, KYC, fraud, and underwriting workflows. The company was acquired by Feedzai in April 2025.

Acquired

Demyst has been acquired

Acquired by Feedzai April 23, 2025 ~$100M (reported, undisclosed officially)

This company is no longer available on our private secondary market.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2010

Employees

51–200

Total Funding

$43.5M

3 rounds

Funding

Total raised $43.5M across 3 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Growth round

Date

2021

Amount

$24M

Valuation

Lead Investors

Not disclosed
DateRoundAmount RaisedValuationLead Investors
2021 Growth round $24M Not disclosed
August 2019 Series C $12.5M MissionOG, Notion Capital
October 25, 2016 Series B $7M MissionOG

Leadership

  • Mark Hookey

    Co-Founder & CEO

  • Kevin Denberg

    Co-Founder

  • Oliver Meyrick

    Co-Founder

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Experian

    Global credit bureau and data services provider offering identity, fraud, and decisioning data to financial institutions.

  • Equifax

    Consumer and commercial credit bureau providing data, analytics, and identity solutions for risk decisioning.

  • LexisNexis Risk Solutions

    Data and analytics provider for financial services, offering identity verification, fraud, and compliance data.

  • Enigma

    Data platform delivering verified business identity and SMB data for financial-services underwriting and onboarding.

  • Middesk

    Business identity verification platform providing KYB data and onboarding workflows for financial institutions.

  • Socure

    Digital identity verification and fraud prevention platform serving banks, fintechs, and government agencies.

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Data collected with AI, which can make mistakes. Please double-check this information.