TripleBlind
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | <1m | 2.5m | 7.3m | 7.3m |
% growth | - | 400 % | 190 % | - |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Early VC | ||
$8.2m | Seed | ||
N/A | Seed | ||
$24.0m | Series A | ||
Total Funding | CAD43.9m |
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Recent News about TripleBlind
EditTripleBlind is a cutting-edge startup that provides a unique solution for institutions needing to collaborate on private and sensitive data without compromising privacy or security. The company operates primarily in the finance and healthcare sectors, serving clients who require stringent data protection due to regulatory and legal constraints, such as GDPR and data residency laws.
TripleBlind's technology allows data to remain encrypted and within the owner's control while enabling authorized operations on the data. This means that institutions can share and commercialize sensitive information without the risk of privacy violations, data theft, or non-compliance issues. The platform is hardware-agnostic and cloud-ready, meaning it can be deployed across various cloud vendors without any hardware dependencies.
The business model of TripleBlind revolves around providing a software-only solution delivered via a straightforward API (Application Programming Interface). This makes it easy for developers to integrate and use the technology. The company generates revenue through licensing its software to institutions that need to perform data science operations on sensitive data while ensuring privacy and compliance.
TripleBlind's technology is particularly appealing to leading finance and healthcare institutions, which have become strategic investors and adopters of the platform. These institutions have tested and confirmed that TripleBlind's solution is superior to existing alternatives like tokenization, data masking, synthetic data, and secure enclaves.
In summary, TripleBlind offers a revolutionary data privacy solution that allows institutions to perform operations, analyses, and processing on sensitive data without ever decrypting it or moving it outside their firewall. This ensures that data owners never sacrifice control while enabling secure and compliant data sharing.
Keywords: Data Privacy, Encryption, API, Healthcare, Finance, Compliance, Cloud-Ready, Data Collaboration, Secure Data Sharing, Regulatory Compliance.