Harnessing data science to project when companies may be in need of capital allows your team the capability to win incremental revenue opportunities and a competitive edge. Marketing your services to these companies prior to an event, is how firm's employ Cyndx's Projected to Raise algorithm.

The Projected to Raise algorithm is driven by nearly 80 unique vectors. We have backtested Projected to Raise and found a 76% accuracy globally and 86% accuracy in the US*, meaning if we said a company needed capital in the near future, they either collected capital, or closed their doors due to lack of capital.

Read more about our Projected to Raise feature: Projected to Raise (P2R)

How can you leverage Projected to Raise along with sector expertise and current clients to identify incremental revenue opportunities? 18 companies describe themselves similar to a hypothetical current client, Ambri, are tagged Projected to Raise capital.

And if you wanted a deeper and more broad array of companies, pre-filtering the search beforehand will yield even more results.

Related articles: Identify companies in need of capital | How to filter by companies that are projected to raise