Data Privacy Market Investibility and Our Product Vision
Data privacy is a super hot market to invest in right now. Fortune Business estimated the global data privacy software market size to be valued at $2.76 billion in 2023 and is projected to grow from USD 3.84 billion in 2024 to USD 48.28 billion by 2032, exhibiting a CAGR of 37.2% during the forecast period (2024-2032). Mega growth in the privacy startup scene has been reported once again this year in North America as evidenced by multiple industry analysts. One such report by Wellfound.com lists the top 34 in 2024 with huge VC backing with many more reports indicating an even stronger 2025.
SEEKING INVESTMENT
DPO solutions is one such startup which is gaining market traction in the global privacy industry through its training and tools platform and is actively seeking small investment from the VC community in the San Francisco area.
WHAT ARE WE CREATING
We are creating a privacy administration management (PAMS) system which is a subscription based platform designed to help businesses comply with requirements under major privacy laws.
Under phase 1 of the system which is currently being developed is a records management component, an impact assessment management tool and a privacy training (L&D) element. Phase 2 will address privacy consent preferences, privacy incident management and data processing agreements. Phase 3 will address discovery and cataloging of personally identifiable information in business environments.
Users will benefit from one pane of glass to manage required elements of their privacy program and see them represented in business analytics / KPI dashboards.
WHAT PROBLEM ARE WE FIXING
Companies are often using a patchwork of different solutions to manage privacy administration in their environment. This can range from manual excel and word documents to standalone sofware apps that address individual pieces but not the big picture of privacy managment.
Companies, if given the option will look to one platform (“one-stop-shop”) to manage the various aspects of running a privacy program, and remember, privacy administration is not an optional component of running a modern day organization. It must be handled like cybersecurity investment and integrated efficiently into daily business operations.
WHAT ABOUT DEMAND & MARKET TRACTION
Today, we see 100’s of downloads of some of our online offerings from all over the world which prooves that we are being found organically and people need what we have but we now need to scale. With more privacy laws being introduced at the state and country level globally, demand is set to increase year on year.
WHO DO I CONTACT
Contact the founder on linkedin Paul Rogers or by email [email protected] for a confidential discussion or to request term sheets or pitch decks. Thank your for visiting my site.