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Denominator acquires Equileap

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Denominator has announced its acquisition of Equileap, with the firm writing that since 2016, Equileap has powered investment strategies representing more than USD15 billion in assets under management. 

Denominator writes that it equips investors with the detailed, actionable intelligence needed to connect workforce success to financial performance as well as corporations and media globally. Together, the two companies write that they are significantly expanding their ability to deliver transparent and actionable insights for investors and corporations globally, now serving over 50 per cent of the world’s 20 largest asset managers based on AUM. 

“In today’s post-industrial economy where intangibles drive corporate value, human capital is the most important asset. CEOs routinely call their employees their greatest strength, yet many investors have more mature frameworks for integrating climate and biodiversity in their investment decisions than for assessing human capital across portfolio companies and supply chains. This shift is now possible thanks to the scale and technical infrastructure enabled by the acquisition.”

The combined offering is anchored on three core strengths:

Data depth & global scale – Integrating Equileap’s leading gender dataset into Denominator’s system expands the former’s reach from 6K to 5.5 million public and private companies worldwide, offering unparalleled visibility into diversity, labor practices, turnover, and sentiment metrics.

Transparency & methodological integrity – Equileap’s research framework remains intact, ensuring consistency and data integrity. Clients benefit from the same transparency and greater flexibility, retaining full visibility into every data point and scoring factor, with the added ability to customise models using standardized human capital metrics. 

AI-enabled insights & strategic application – Denominator’s technology closes data gaps, transforming human capital analysis from a reporting exercise into a strategic lever across portfolios, procurement, due diligence, and corporate benchmarking.

Anders Rodenberg, CEO of Denominator, says: “This acquisition marks a pivotal moment. In the age of AI, access to specialized, high‑integrity data is critical. Integrating Equileap’s leading gender equality dataset strengthens Denominator’s ability to deliver smarter, actionable human capital insights – empowering investors to align capital with both values and returns.”

Diana van Maasdijk, CEO of Equileap, says: “Equileap was founded to close the workplace equality gap – for everyone, everywhere. By joining Denominator and their AI infrastructure, we will accelerate that vision, broadening our reach and deepening our impact where it matters most.”

Diana van Maasdijk, CEO and co-founder of Equileap, will also assume the role of Chief Commercial Officer of Denominator, bringing her leadership and market expertise to the global growth of both platforms. Lotte van der Stelt, currently COO of Equileap, will additionally take on the role of Chief Operating Officer of Denominator, overseeing operations across both companies and ensuring continuity and alignment. The firms write that clients will continue working with the same team – now empowered by greater scale, deeper data, and enhanced technology through Equileap’s integration into Denominator.

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