dv01
dv01 is a data management, reporting, and analytics platform for the structured finance market, covering residential mortgage-backed securities (RMBS), asset-backed securities (ABS), and private credit.
Profile
dv01 provides a platform that ingests, validates, standardizes, and reports loan-level data for securitizations and private credit transactions, enabling investors and issuers to analyze collateral performance.
dv01 is a data management, reporting, and analytics platform for the structured finance market, covering residential mortgage-backed securities (RMBS), asset-backed securities (ABS), and private credit. Founded in 2014 and headquartered in New York, the company has grown to serve over 600 issuers and investors. Its platform standardizes loan-level data across asset classes including consumer unsecured loans, mortgages, auto loans, point-of-sale financing, credit cards, student loans, solar loans, and small business loans. dv01 offers products for deal reporting, portfolio management, credit facility management, loan pool evaluation (via a machine-learning tool called Tape Cracker), and market data benchmarks.
The company counts Goldman Sachs, LendingClub, Barclays, and PIMCO among its clients. dv01 has not disclosed recent revenue or funding rounds in the dossier; the most recent financial data available is from Goldman Sachs' Q2 2025 earnings (July 2025), which does not break out dv01's performance. The company has not announced a new funding round or acquisition since the cutoff date. dv01's position in the market is as a neutral data infrastructure provider, competing with in-house solutions at large banks and with other fintech data platforms. The company has expanded its asset class coverage and added tools like ESG data enrichment and a leverage optimizer, but faces risks from consolidation among its investment bank clients and the cyclical nature of securitization volumes.
Who buys this
- Investment banks underwriting and distributing securitizations
- Asset managers and hedge funds investing in structured products
- Issuers and originators of consumer and commercial loans
- Insurance companies and credit unions managing fixed-income portfolios
Publicly disclosed clients
- Goldman Sachs
- LendingClub
- Barclays
- PIMCO
Strengths and what to watch
Strengths
- Covers a broad range of asset classes (consumer unsecured, mortgage, auto, solar, student, credit card, small business, point-of-sale) on a single platform, reducing the need for multiple vendor relationships.
- Offers an integrated suite from data ingestion (Tape Cracker) through performance reporting and cashflow analytics, creating workflow stickiness for clients.
- Counts top-tier financial institutions as clients, providing credibility and a network effect as more participants standardize on dv01's data formats.
Watch for
- Revenue and funding transparency: dv01 has not publicly disclosed its own financial results or a recent funding round, making it difficult to assess its growth trajectory relative to competitors.
- Client concentration risk: a small number of large investment banks (e.g., Goldman Sachs) represent a significant portion of revenue; loss of a major client could materially impact the business.
- Cyclical securitization market: dv01's revenue is tied to the volume of structured finance deals, which can decline sharply during credit market downturns, as seen in 2020 and 2022.
Key Information
- Industry
- Financial & Market Data
- Founded
- 2014
- Headquarters
- New York
Frequently Asked Questions
What is dv01 and what does it do?
dv01 is a data management, reporting, and analytics platform for structured finance. It ingests, validates, standardizes, and reports loan-level data for securitizations and private credit, helping investors and issuers analyze collateral performance across asset classes like RMBS, ABS, and private credit.
What types of asset classes does dv01 cover?
dv01 covers a broad range of asset classes including residential mortgages, auto loans, credit cards, student loans, solar loans, small business loans, point-of-sale financing, and consumer unsecured loans. This breadth reduces the need for multiple vendor relationships for investors and issuers.
Who are dv01's main clients?
dv01 counts top-tier financial institutions among its clients, including Goldman Sachs, LendingClub, Barclays, and PIMCO. The platform serves over 600 issuers and investors, including investment banks, asset managers, hedge funds, insurance companies, and credit unions.
What is Tape Cracker in dv01?
Tape Cracker is a machine-learning tool from dv01 that evaluates loan pools. It helps investors and issuers quickly analyze and standardize loan-level data, streamlining the due diligence process for securitizations and private credit transactions.
What are the risks of using dv01?
Key risks include client concentration, as a few large investment banks like Goldman Sachs represent significant revenue. Also, dv01's revenue is tied to securitization volumes, which can decline during credit downturns. The company has not publicly disclosed its own financial results or recent funding rounds.
How does dv01 compare to in-house solutions at banks?
dv01 positions itself as a neutral data infrastructure provider, offering an integrated platform from data ingestion to analytics. This can reduce the need for multiple vendors and create workflow stickiness, competing with in-house solutions at large banks and other fintech data platforms.
Sources
- www.dv01.co — Product descriptions, client logos (Goldman Sachs, LendingClub, Barclays, PIMCO), asset class coverage, and claim of 600+ clients.
- www.goldmansachs.com — Goldman Sachs Q1 2025 earnings results, indicating dv01's client relationship with Goldman Sachs.
- www.sec.gov — Goldman Sachs Q2 2025 earnings results (July 2025), confirming ongoing client relationship and providing context on investment banking activity.
- www.reuters.com — Context on tech companies' debt financing for AI infrastructure; no direct dv01 mention but provides market backdrop for structured finance.