Purpose – OpenCorporates

About >> Our purpose, history and principles

We exist to make dependable company data open to all

We all need legal-entity data we can trust

Legal entities are the atomic elements behind the entire business world – and increasingly every other part of our lives too.

How many contracts did you enter into this week — either explicitly or by agreeing to an end-user license agreement, or by installing an app on your phone?

Each of those contracts was with something with legal personality – almost always a "legal entity". 

Legal entities are also the conduits for all large-scale criminal activity, from enabling corruption, organized crime and money laundering to their use in fraud, tax evasion and undermining democratic institutions.

OpenCorporates was conceived to make this underlying dataset more visible, more accessible and more usable – for everyone, from journalists to banks, citizens to corporations, NGOs to law enforcement.

A foundation for good

OpenCorporates was founded in 2010 to transform corporate transparency, specifically by making legal-entity data more accessible, more usable, and better quality too.

This isn’t just hyperbole; it’s written into our articles of association, and so we have a legal obligation to do it. We're also a certified B Corp, recognised for our high standards of performance, accountability, and transparency.

Legal entities are the fundamental structures that underpin the entire business world, and in a highly connected digital world, the whole of society too. 

Which is why it’s vital that the data that defines them – their  existence, ownership, activities and beneficiaries – is not just public, but connected in a single unified dataset, available for all.

Our journey

For over 10 years we have lead the cause for open data. We've built a data platform to provide a single unified view of the company universe. Data that’s trusted, rich and open to all. Here are a few highlights.

We live by our principles

Our rapidly evolving world – mass digitisation, wholly automated systems,  and of course AI –  demands a paradigm shift in legal-entity data accuracy, dependability and trustworthiness.

That’s why OpenCorporates has built on our 10+ years of expertise to create the Legal-Entity Data Principles.

These principles are what we believe should define trust in the company data world. They're published under an open license so anyone can use them.