Data protection innovator PrivacyHawk raises $2.7m

PrivacyHawk, the groundbreaking company that empowers individuals to regain control of their personal data, announced it has raised $2.7m in its most recent funding round.

The round saw contributions from a host of investors, including ff Venture Capital (ffVC), Nufund, Alumni Ventures, AngelList, Gaingels, Duro Ventures, Sandhill Angels, and Seraphim Ventures. Of these, ffVC, Tech Coast Angels, Duro Ventures, and Gaingels have previously invested in PrivacyHawk.

With its innovative approach, PrivacyHawk is carving a new niche in the personal data protection industry. The company’s product offers individuals a much-needed shield against fraud, identity theft, hacks, scams, and spam by safeguarding their digital footprint. As personal data has emerged as a critical part of our identities, the need for solutions like PrivacyHawk’s is becoming more acute.

With the influx of funds, PrivacyHawk intends to boost its sales, marketing, and product development efforts. The ultimate aim is to broaden its mission of protecting personal data and reduce the risk of individuals being targeted by fraud and cybercrimes. The company plans to enhance its product by adding more automated features and integrating artificial intelligence. These improvements are intended to help identify vulnerabilities in a user’s digital footprint and optimise the ability to remove such exposures.

Founded in 2021, the Los Angeles-based PrivacyHawk is making strides in the industry with a comprehensive solution for managing one’s digital footprint. Through advanced robotic process automation and innovative technology, the company is forging a path towards a future where personal data is transparent, controlled, and, most importantly, secure.

John Frankel, founder of lead investor ff Venture Capital, voiced his excitement for being part of PrivacyHawk’s journey, “We have been following the privacy and personal data space for a long time and believe not only the time is right for a service like this in a huge global market that addresses a real burning need for all Internet users, but also the team is amazing.”

Aaron Mendes, CEO and co-founder of PrivacyHawk, pointed out the immense value of personal data and the inherent risks, “It also puts us each at enormous risk of fraud, identity theft, hacks, scams and spam. PrivacyHawk is building a future where people’s data can be automatically protected from falling into the wrong hands by reducing their digital footprints.”

Additionally, Justin Wright, PrivacyHawk’s CTO and co-founder, described the company’s commitment to a future where everyone has transparency and control over their personal data.

Keep up with all the latest FinTech news here

Copyright © 2023 FinTech Global

Enjoyed the story? 

Subscribe to our weekly RegTech newsletter and get the latest industry news & research

Copyright © 2018 RegTech Analyst

Investors

The following investor(s) were tagged in this article.