RavenPack

RavenPack is a leading provider of data analytics solutions that leverage natural language processing (NLP) to extract insights from large volumes of unstructured text data. The company specializes in processing news articles, social media content, and job postings to derive sentiment indicators, event signals, and workforce intelligence. RavenPack's core offerings include News Analytics and Job Analytics products.

The News Analytics platform utilizes NLP algorithms to scan news in real-time across over 40,000 sources and 13 languages. It calculates sentiment and volume risk metrics by identifying events and entities, such as companies, people, products, and organizations. This data enables clients, including hedge funds, banks, and asset managers, to forecast equity volatility, manage systematic risk, assess bond liquidity risk, and monitor environmental, social, and governance (ESG) factors.

The Job Analytics dataset, launched in September 2022 in partnership with LinkUp, provides insights into hiring trends and workforce dynamics. It processes over 200 million job postings spanning 15 years, covering 60,000 employers globally. RavenPack's NLP engine identifies job roles, skills, qualifications, and benefits, organized using a proprietary taxonomy of over 5,000 job roles and 3,000 skills. Clients can track hiring patterns, benchmark positions, and understand strategic directions of companies.

In July 2023, RavenPack made its data and knowledge graph available on Snowflake's Data Cloud platform, enabling customers to query news, jobs, and entity data within their existing workflows. The company has continually expanded its coverage, with its Edge platform now identifying over 12 million entities, including 6.5 million public and private companies.

Key customers and partnerships

RavenPack serves some of the most successful and sophisticated hedge funds, banks, and asset managers worldwide. Its customer renewal rate stands at an impressive 95%. Notable clients include Wolfe Research, a top quantitative research firm.

The company has formed a strategic partnership with LinkUp, the global leader in real-time job market data, to deliver the RavenPack Job Analytics offering. This collaboration combines RavenPack's NLP capabilities with LinkUp's extensive database of job postings from over 60,000 employers.