Mountaingate Invests in Rep Data to Boost Research Integrity
Deal News | Mar 13, 2025 | Mountaingate Capital

Mountaingate Capital, a Colorado-based private equity firm, has made its seventeenth platform investment in Rep Data, a company renowned for its advanced fraud prevention technology in the research industry. Founded in 2020, Rep Data has developed the Research Defender platform, which safeguards research integrity through sophisticated fraud detection. The platform processes billions of data points and prevents fraudulent responses, thereby enhancing the reliability of market research data. The investment will enable Rep Data to advance its technology and expand its services, further cementing its position as a leader in the data insights industry. Legal counsel for the transaction was provided by Morrison & Foerster LLP for Mountaingate and Jones Walker LLP for Rep Data, with Canaccord Genuity serving as the exclusive financial advisor for Rep Data.
Sectors
- Private Equity and Venture Capital
- Market Research and Data Analytics
Geography
- United States – Both Mountaingate Capital and Rep Data are based in the United States, with Mountaingate located in Colorado.
Industry
- Private Equity and Venture Capital – Mountaingate Capital's investment in Rep Data highlights the role of private equity in scaling entrepreneurial businesses.
- Market Research and Data Analytics – Rep Data operates within this sector, providing high-quality data solutions with a focus on fraud prevention for market research.
Financials
- $1.4 billion – Mountaingate Capital's assets under management.
Participants
Name | Role | Type | Description |
---|---|---|---|
Mountaingate Capital | Investor | Company | A private equity firm specializing in partnering with entrepreneurial companies to accelerate growth. |
Rep Data | Target Company | Company | A provider of high-quality research data and fraud prevention solutions, known for its Research Defender platform. |
Sue Cho | Managing Director of Mountaingate | Person | A key spokesperson from Mountaingate Capital who commented on the investment. |
Patrick Stokes | CEO and Founder | Person | The CEO and founder of Rep Data, who commented on the significance of the investment. |
Morrison & Foerster LLP | Legal Advisor to Mountaingate | Company | Provided legal counsel to Mountaingate Capital in the investment transaction. |
Canaccord Genuity | Financial Advisor to Rep Data | Company | Acted as the exclusive financial advisor to Rep Data in the investment transaction. |
Jones Walker LLP | Legal Advisor to Rep Data | Company | Provided legal counsel to Rep Data in the investment transaction. |