NEOTAS - Online Due Diligence. No more surprises

  • Jorian from EIT Digital
  • From Germany
  • Responsive
  • Innovative Products and Technologies

Summary of the technology

The digital era has changed relationships with customers, vendors & investors, with many being online.

Neotas’ platform powered by AI and machine learning analyses publicly available information including social media and the deep web to provide deeper insights into people and companies at high speed and low cost.

EIT Digital

Online Due Diligence –Challenges 

• Search engines only cover 4-6% of all data on the Internet
• Too much data to review manually
• False positives are a challenge
• Risk of bias, from both human AND machine
• Time intensive and costly

Services

At Neotas, we apply our expertise in online due diligence to help firms avoid bad hires, mitigate risk, evidence compliance and safeguard investments.

  • HR & recruitment - online reputation screening: We screen your candidates’ social media and online presence objectively for employment-related business risks. We protect your business from unnecessary exposure to risk and help you recruit with confidence.
  • Open source enhanced due diligence: Our unique blend of OSINT, machine learning and natural language processing enable us to dig deeper and faster into people, entities and networks. We provide you with the most cost-effective AI-driven open-source EDD.
  • Investment due diligence: Our management due diligence reveals the true background, network and behaviours of those you invest in, by utilising all publicly available information online.

Related Keywords

  • Electronics, IT and Telecomms
  • Artificial Intelligence (AI)
  • Databases, Database Management, Data Mining
  • IT and Telematics Applications
  • Data Communications
  • Applications software
  • Artificial intelligence related software
  • Consulting services
  • human resources
  • recruitment

About EIT Digital

EIT Digital is a leading European digital innovation and entrepreneurial education organisation driving Europe’s digital transformation.

EIT Digital delivers breakthrough digital innovations to the market and breeds entrepreneurial talent for economic growth and improved quality of life in Europe. It does this by mobilising a pan-European ecosystem of almost 200 top European corporations, SMEs, startups, universities and research institutes.

As a Knowledge and Innovation Community of the European Institute of Innovation and Technology, EIT Digital is focused on entrepreneurship and is at the forefront of integrating education, research and business by bringing together students, researchers, engineers, business developers and entrepreneurs. This is done in our pan-European network of co-location centres in Berlin, Eindhoven, Helsinki, London, Paris, Stockholm, Trento, as well as in Budapest and Madrid. We also have a hub in Silicon Valley.

EIT Digital invests in strategic areas to accelerate the market uptake of research-based digital technologies focusing on Europe’s strategic, societal challenges: Digital Industry, Digital Cities, Digital Wellbeing, Digital Infrastructure and Digital Finance.

EIT Digital breeds T-shaped entrepreneurial digital talent focused on innovation through a blended Education Strategy that includes a Master School, Doctoral School and Professional School.

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