Defaqto Media develops software tools for the financial sector, including an online database that is used by insurance companies and banks to compare credit cards, current accounts and loans. The company was established in 2006 when the price-comparison firm Find Portal acquired the Independent Research Group, which owned Defaqto. That deal received backing from FF&P Private Equity. Acuity VCT then invested £1m in the business in 2008. The firm is led by chief executive Kenn Jorgensen, who raised sales 42% a year from an annualised £2.9m in 2006 to £8.3m in 2009.
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