Luminii provides CDD support to Maven on their investment in Connected Data

Luminii are delighted to have provided Commercial Due Diligence (CDD) support to Maven on their investment in Connected Data, a Nottingham-based data driven technology company.
Connected Data, founded by former Experian and TDX executive Kirk Fletcher, was established to revolutionise the way debt is managed by organisations across various industries, including utilities, financial services, local government and debt management services.
Connected Data’s cloud-based data services blend the latest business intelligence, analytics and AI with the widest range of predictive data solutions to transform the entire debt management process. Its services help organisations reduce, resolve and prevent debt with minimal internal resource impact as well as enabling clients to meet evolving consumer protection regulations, paving the way for fairer, more positive outcomes for consumers in debt.
Since its inception in 2020, Connected Data has grown rapidly, with revenues increasing eightfold between 2022 and 2024. The investment from the Maven VCTs will support further productisation and automation of the company’s solutions to further enhance onboarding times and drive quicker time to value.
"Luminii are delighted to have supported Maven on this transaction. This is yet another deal that helps to strengthen our credentials in the TMT sector. We wish Maven and Connected Data continued success for the future." - Lushani Kodituwakku, Managing Director, Luminii Consulting
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