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Global Data Consortium Acquired by LSEG!

Huge congrats to co-founders Bill Spruill and Charles Gaddy!

Hats off and bottles start popping: Global Data Consortium (RevUp 2018) has been acquired by London Stock Exchange Group (LSEG). GDC is a global leader in digital identity verification.

Founded in 2012, GDC specializes in delivering high-speed electronic digital identity verification. GDC provides global name and address matching capabilities that enable them to accurately source and enhance data from over 300 data sources globally and to deliver high quality identity data in near real-time for over 70 countries. 

GDC’s services are currently used within the LSEG Customer and Third-Party Risk business, to provide global digital identity verification to customers. Following acquisition, GDC will be part of LSEG’s Data & Analytics division. 

This was a massive win for the Raliegh NC-based company, putting them on the leaderboard as one of the most significant acquisitions in the region's recent history. 

Across the RevUp portfolio, founders Bill Spruill and Charles Gaddy are two of the most talented, thoughtful and supportive entrepreneurs we've ever worked with. We never had a doubt that they would accomplish incredible things. It was an honor to be even a small part of their  journey. 

And...LSEG is lucky to have them in the mix! They seem to know it: 

“Adding GDC to the suite of digital identity solutions within our Data & Analytics division, will enable us to continue to expand our capabilities in this high growth segment, through both direct sales and channel partnerships. I look forward to working with the team at GDC to deliver on our promise of being the platform of choice to manage financial crime related risks,” said Andrea Remyn Stone, Group Head, Data & Analytics at LSEG in a press release sent out to annouce the acquisiton. 

The move will also enable GDC to forge onwards. “I’m thrilled that GDC is joining the LSEG family. Building on the previous partnership followed by the investment, with the Customer and Third-Party Risk business, LSEG always felt like a natural fit for GDC.," said Bill. "The opportunity to accelerate our global growth, leveraging the breadth and scale of LSEG, presents a compelling opportunity for our team to better serve our global customers delivering innovative new solutions for the market.”

Huge congrats to the GDC team on this well-deserved victory!

More About RevUp Capital RevUp Capital invests in B2B and B2C companies that are revenue-driven and ready to double down on growth. We deploy cash and capacity to help companies grow from $1-3M to $10-30M, quickly and efficiently, using a revenue-based model. Companies enter our portfolio with $500K-$3M in revenue, a strong growth rate, and a team that’s ready to scale. Our typical investment range is $300K-$500K.

We invest into a company's market-facing activity using a cash and capacity model. We pair our cash investment with dedicated support from the RevUp Growth Platform: a powerful resource to build a data-driven growth engine, delivered by people who get the work done. Rather than take equity, companies return investment through a small percentage of revenue over time. More at


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