Enigma

We believe that the future of the small business economy will be driven by data

Enigma builds world-class data infrastructure, developer-friendly APIs, and intelligent tools to automate trusted decisions about every business. We’re focused on making B2B risk frictionless so that our customers can focus on growing their businesses and radically improving their products and experiences.

Founded in 2011, Enigma has raised $130M of capital from major venture capital firms such as NEA, Comcast Ventures, and Third Point, as well as global financial companies such as BB&T, Two Sigma, and Capital One.


A message to our lending community

Actionable COVID-19 signals for small business lenders

With the COVID-19 crisis, lenders need dynamic SMB data more than ever. To drive smarter risk mitigation and credit decisioning, Enigma is building near real-time health and risk signals about how small businesses are operating today.

ACCELERATE PPP APPLICANT PROCESSING
Access applicant eligibility data to verify businesses that qualify for Paycheck Protection Program loans and safely speed up overall applicant processing.

IDENTIFY DISTRESS
Mitigate risk exposure and potential losses by leveraging information related to business viability, including business closures, bankruptcies, imports, and WARN layoff notices.

SURFACE SIGNS OF RESILIENCY
Find positive business health indicators such as government contracts and shipping imports, as well as industry-specific stability signals, such as a restaurant’s take-out and delivery capabilities.


Resources for SMB lenders

Check out our resources for SMB lenders, such as “Discussing SMB Credit Risk and COVID-19 with Kaustav Das, Chief Risk Officer of Petal”

Overview

Website Visit website
Location New York, United States of America
Targets
Africa, Antarctica Region, Antigua and Barbuda, Argentina, Asia, Australia and New Zealand, Bahamas, Barbados, Belize, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominica, Dominican Republic, Ecuador, El Salvador, Europe, Fiji, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Kiribati, Mexico, Micronesia (Federated States of), Nauru, Nicaragua, Northern America, Palau, Panama, Papua New Guinea, Paraguay, Peru, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Samoa, Solomon Islands, Suriname, Tonga, Trinidad and Tobago, Tuvalu, Uruguay, Vanuatu, Venezuela
Sectors Sector agnostic

Activity