Accel is an early and growth-stage venture capital firm that powers a global community of entrepreneurs. Accel backs entrepreneurs who have what it takes to build a business.  Accel’s vision for entrepreneurship and business enables it to identify and invest in the companies that will be responsible for the growth of next-generation industries. Accel-backed companies include Atlassian, Braintree, Cloudera, DJI, Dropbox, Dropcam, Etsy, Facebook, Flipkart, Lookout Security, MoPub, Qualtrics, Slack, Spotify, Supercell, Vox Media, and others.

Accel

Spark Capital is an early stage venture capital firm. We invest in phenomenal products we love and the creative humans behind them. We do things a little differently and aren't afraid of risk. Spark-backed companies include Twitter, Discord, Anthropic, Cruise, Niantic, Oculus, Warby Parker, and tumblr. We know there are no playbooks or formulas for success and are here to help founders win their own way. We invest across all sectors and stages, and work out of San Francisco, Boston, and New York City.

Spark Capital

Greycroft is a venture capital firm that focuses on technology start-ups and investments in the Internet and mobile markets. With offices in two of the most important business hubs in the world, New York and Los Angeles Greycroft uniquely positioned to serve entrepreneurs who have chosen us as their partners. The firm leverages an extensive network of media and technology industry connections to help entrepreneurs gain visibility, build strategic relationships, bring their products to market, and build successful businesses.  Greycroft manages in excess of $1 billion and has made over 200 investments since its inception in leading companies including Acorns, App Annie, Bird, Botkeeper, Bright Health, Boxed, Braintree, Buddy Media, Everything But The House, Extreme Reach, Huffington Post, Icertis, JW Player, Maker Studios, Plated, Scopely, Shipt, TheRealReal, Thrive Market, Trunk Club, Venmo, WideOrbit, and Yeahka. Greycroft has adopted the Diversity Term Sheet Rider.

Greycroft

Foundry is a venture capital firm focused on providing early-stage technology investments. The firm was established in 2007 and is headquartered in Boulder, Colorado, United States.

Foundry Group

Grape Arbor is an angel investor group comprised of friends who spend their professional lives in the technology and start-up space and pool their personal finances to make angel investments.    Since its founding in 2006, Grape Arbor LLC (directly or through affiliates) has made one or more investments into more than two dozen companies.  Grape Arbor has made investments in advertising/marketing online, web 2.0/social networking, financial services (tech and non-tech), and software/web-enhanced services.    While a number of investments have been into companies with products at the pre-beta stage, Grape Arbor has made one initial investment into a company which, at the time, had roughly $15MM of trailing 12 month revenue.    In general, however, Grape Arbor targets early stage companies with a little revenue (several hundred thousand to several million in trailing 12 month revenue).    All of the companies considered seriously had a clear strategy for attacking a large and rapidly growing addressable market as well as a strong (even if not complete) management team.  Grape Arbor has made investments in which co-investors have been: First Round Capital, Bessemer Venture Partners, Carlyle, Insight Venture Partners, Institutional Venture Partners, Vision Ventures, Khosla Ventures, Venrock, Kodiak Venture Partners and others.

Grape Arbor VC

Northzone is a multi-stage venture capital fund that seeks to invest in the healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming industries.

Northzone

Sourcepoint

Sourcepoint is the data privacy software company for the digital marketing ecosystem. We provide tools to protect consumer privacy, manage compliance and optimize revenue in a rapidly changing landscape. Founded by a team of digital advertising veterans, Sourcepoint has offices in New York, Berlin, and London. Learn more at www.sourcepoint.com

<div><p>Sourcepoint is a privacy management company that focuses on the digital advertising industry and provides solutions to achieve compliance with regulations such as GDPR, CCPA, etc. The company also offers strategic consulting services concerning design, workshops, and content compensation strategies–which cover solutions to optimize revenues lost to content blockers. Sourcepoint has offices in the US, UK, France, and Germany, with around five billion web pages using their products globally as of September 2020.</p></div>

New data privacy regulations have opened up space for a new wave of compliance-focused startups.

Digital Privacy Tools

<div>
  <p>
    Sourcepoint is a privacy management company that focuses on the digital advertising industry and provides solutions to achieve compliance with regulations such as GDPR, CCPA, etc. The company also offers strategic consulting services concerning design, workshops, and content compensation strategies–which cover solutions to optimize revenues lost to content blockers. Sourcepoint has offices in the US, UK, France, and Germany, with around five billion web pages using their products globally as of September 2020.
  </p>
  <p>
    
    Sourcepoint’s compliance solutions include ways to collect user consent (which synchronizes across different devices), carry out user analytics, automate vendor compliance, and fulfill data subject requests. Sourcepoint’s solutions also enable companies to customize messages based on their branding, manage campaigns, and execute A/B testing based on different customer consent levels to optimize the user experience. In October 2020, the company acquired RedBud, a UK-based media analytics startup to capitalize on the latter's proprietary “DIAGNOSE” platform, a website scanning tool that identifies privacy vulnerabilities on every content embedded in the website. In December 2020, the company raised USD 17 million in a funding round led by Arrowroot Capital. The company aims to put the cash towards product development, senior recruitment, and a global expansion.
  </p>
</div>


<div>
  <p>
    OneTrust provides compliance solutions that leverage AI tools and automation across all areas of privacy compliance. OneTrust Athena, the company&rsquo;s AI-powered solution, provides automation in the areas of data discovery, data subject rights management, consent management (with a user-facing preference center for greater control), data protection impact assessments, third-party risk management, incident response reporting, and monitoring. The company also provides regulatory research software that companies can use to train staff and even benchmark their own privacy programs. The company&rsquo;s Government Records Request Automation solution helps government organizations intake requests, automate data discovery and redaction, and provide a secure two-way communication portal that demonstrates compliance with FOIA, PRR, and the Privacy Act.
  </p>
  <p>
    OneTrust has strengthened its position in the digital privacy space through several acquisitions in recent years. In March 2021, OneTrust acquired DocuVision, an AI-powered data redaction platform to bolster its data subject rights capabilities through automatic redaction of non-relevant sensitive information. During the same month, OneTrust acquired Convercent to enhance its platform through advanced ethics and compliance capabilities, and helpline and disclosure management. OneTrust acquired the security assurance and certification platform Tugboat Logic in September 2021, to automate its InfoSec assurance and certification processes. Other notable acquisitions include Privacy Core e-learning, DataGuidance, and Integris Software.
  </p>
  <p>
    In March 2023, OneTrust announced the 
    <a href="https://sp-edge.com/updates/16852">
      <u>addition of certification automation</u>
    </a>
     to the OneTrust GRC and Security Assurance Cloud. This solution which combines automation, pre-built policies and controls spanning 29 industry frameworks, over 100 integrations, compliance content, and expert guidance enables customers to simplify and streamline compliance tasks according to OneTrust.
  </p>
  <p>
    <b>Key customers and partnerships</b>
  </p>
  <p>
    OneTrust entered a partnership with Dow Jones Risk and Compliance in April 2023, to incorporate risk and compliance data into its third-party due diligence solution.&nbsp;&nbsp;
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    The company employed 3,000 people, served more than 12,000 customers (including 75% of the Fortune Global 500 companies), and its solutions are backed by 200 patents, as of January 2022. In June 2022, OneTrust 
    <a href="https://sp-edge.com/updates/11018">
      <u>laid off 950 employees</u>
    </a>
     (~25% of its global workforce) across its departments in Atlanta (US), Bengaluru (India), and London (UK), due to worsening global financial crisis and to balance between growth and profitability.
  </p>
  <p>
    OneTrust&rsquo;s 
    <a href="https://sp-edge.com/updates/20390">
      <u>most recent funding</u>
    </a>
     was in July 2023, where it raised USD 150 million in a round led by Insight Partners at a valuation of USD 4.5 billion. The company expects to use the combined funding to scale its platform to meet increasing demand.&nbsp;
  </p>
  <p>
    This funding was raised at a lower valuation, down from the USD 5.1 billion OneTrust recorded during its December 2020 Series C round (USD 300 million), however the company reports it has doubled ARR to USD 400 million, grown customer numbers from 7,500 to over 14,000, and increased headcount from 1,500 to over 2,000 over the same period.
  </p>
</div>


OneTrust

<div>
  <p>
    Privitar provides a platform that enables companies to leverage personal data in their databases for analysis without compromising the end user&rsquo;s safety and privacy. The company&rsquo;s solutions handle and process data compliant with privacy regulations such as GDPR and CCPA.
  </p>
  <p>
    The company&rsquo;s platform provides de-identification solutions to enable the use of personal data while maintaining data utility. Use cases include business intelligence, insights, Anti-Money Laundering (AML) analysis, etc. The platform also includes features to manage secure data sharing and invisible data watermarks to track data movement throughout the organization.
  </p>
  <p>
    In July 2022, Privitar 
    <a href="https://sp-edge.com/updates/11586?industryIds=34">
      <u>acquired</u>
    </a>
     the UK-based regulatory intelligence platform Kormoon to use the latter&rsquo;s repository of data privacy rules across 46 jurisdictions and automate policies in its own data provisioning platform. The company deemed this repository as a &ldquo;strategic asset&rdquo;&mdash;something that would take it years to build on its own. Kormoon provides a regulatory intelligence platform that analyzes the data usage behavior of companies to determine and automate necessary actions to achieve compliance with privacy regulations such as the GDPR and CCPA. Privitar expects to launch Kormoon&rsquo;s regulatory intelligence to users of Privitar by the end of 2022, although it&rsquo;s unclear whether Kormoon&rsquo;s offerings will continue to be sold as a separate product in the long term.
  </p>
  <p>
    In June 2023, enterprise data management firm Informatica announced 
    <a href="https://sp-edge.com/updates/19444">
      <u>it was in talks to acquire</u>
    </a>
     Privitar.
  </p>
  <p>
    As of November 2020, Privitar employed over 200 staff and has offices in the UK, the US, Singapore, and Poland.
  </p>
  <p>
    <b>Key customers and partnerships</b>
  </p>
  <p>
    Privitar expanded the relationship it had with HSBC through its Series C fundraise, as HSBC was the first customer for Privitar in 2016. In addition to HSBC, Privitar also has other customer-turned-investors such as Citi.
  </p>
  <p>
    <b>Funding and financials</b>
  </p>
  <p>
    Privitar&rsquo;s most recent funding round was in June 2020, where it raised USD 7 million as a Series C investment led by HSBC Venture Capital Coverage Group. With USD 80 million raised in April 2020, its total Series C funding now amounts to USD 87 million. The company intended to use the funding to accelerate product development, hire additional staff, and focus on international expansion.
  </p>
</div>


Privitar

<div>
  <p>
    CENTRL provides automated risk management and privacy management solutions. Through its Privacy360 platform, the company provides solutions to identify compliance gaps, automate data discovery, manage data subject rights requests, consent management (with a user-facing preference center), carry out impact assessments, third-party risk management, monitoring, and reporting.
  </p>
</div>


CENTRL

<div>
  <p>
    HighSide provides a secure communications platform for organizations, enterprise archiving solutions, data discovery, and supervision tools in compliance with GDPR, CCPA, etc. In 2019, the company announced the acquisition of Hotshot Technologies, a secure team messaging platform.
  </p>
</div>


HighSide

<div>
  <p>
    SecuPI provides a patented platform enabling organizations to achieve compliance with regulations such as GDPR and CCPA. The platform achieves this by providing multiple features to protect data such as pseudonymization, consent controls, audit logs, streamlining breach notifications, etc. SecuPI’s platform is deployed in organizations in the banking, insurance, telecommunications, and health industries.
  </p>
</div>


SecuPi

Uses AI/ML to automate workflows such as data discovery and data classification

Uses generative AI to provide conversational recommendations to users to remain compliant with privacy regulations

Solutions in this industry hub are offered under a B2B SaaS model

Tools to provide compliance with privacy regulations, such as GDPR and CCPA, and carry out tasks such as data discovery, data governance, consent management, Data Subject Rights (DSR) management, Data Protection Impact Assessments (DPIA) and managing incident response as mandated by these privacy regulations.

Sourcepoint

Digital Privacy Tools

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