A Year Marked by Progress
As the year draws to a close, it's a fitting time to look back at what Dasseti has accomplished. It's been a year notable for new investment, a fresh brand, industry recognition, significant growth, and developmental strides in our product offerings.
New Investment
Dasseti achieved Series A funding in 2023, led by Nasdaq Ventures, which has been both fruitful and exciting. From the close software integration between Nasdaq eVestment and Dasseti, to the shared client base and exposure to other innovative fintechs in the Nasdaq family, we have found more than just an investor, we have found a champion.
Fresh brand
Saying goodbye to a familiar name and brand is never easy, but the transition from Diligend to Dasseti couldn't have gone more smoothly. The new name matched our ethos, which is to make data visible, using our unique data exchange solutions. The brand maintained its striking pink and purple elements, but a fresh new look and feel that has become widely known and recognized around the investment sector.
Industry Recognition
This year, Dasseti received several industry awards, affirming our position in the market and the impact of our work.
In the US we took home Best ODD Solution and Best Regulatory and Compliance Solution. In Europe the team scooped Best ODD Solution and Best ESG Solution in the4 Private Equity Wire Awards. Globally we feature in both the ESG FinTech 100 and AI FinTech 100 lists. These awards are not just accolades but markers of our team's commitment to quality and innovation in our field.
Notable Revenue Growth
A highlight of this year was our strong revenue growth, which doubled from the previous year and in fact has grown 100% YoY since inception. This growth is a reflection of our team's hard work and our clients' trust in our solutions. It's an achievement that motivates us to keep pushing boundaries.
Team Expansion
In 2023, Dasseti grew in more ways than one. Our team expanded, welcoming new members across various regions and departments. This growth has brought invaluable new skills and perspectives to our team.
Product Development
We also focused on enhancing our existing software platforms, adding AI features across the platforms and introducing new products, with our ESG software for GPs and LPs. These initiatives are part of our commitment to keeping pace with market needs and technological advancements. Our aim is to provide clients with solutions that are highly effective, flexible and forward-looking.
Expressing Our Gratitude
We owe our success to our dedicated staff, supportive partners, investors, and especially to our valued clients. Each group has played a crucial role in our achievements this year. To our team, thank you for your commitment and effort. To our partners and investors, thank you for your continuous support. And to our wonderful, collaborative and supportive clients, thank you for your trust and the opportunity to serve you.
Looking Ahead
As we enter 2024, we do so with a sense of anticipation and a commitment to continuous improvement. With the foundation we've built and the dedication of our team, we are well-positioned for future growth and innovation. We're excited about the prospects that lie ahead.
Thank you to everyone who has been a part of our journey. We look forward to building on these successes together in the coming year!