Algemetric provides secure multiparty computation technologies that enable privacy-preserving collaboration on sensitive data. This approach ensures that organizations can analyze and share data without compromising confidentiality or security.
Funding
$2.5M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations face increasing challenges in collaborating on sensitive data due to privacy regulations, security concerns, and the need to protect confidential information. Traditional data sharing methods often require compromising data confidentiality or limiting analytical capabilities.
Solution
Algemetric provides secure multiparty computation (MPC) technologies that enable privacy-preserving collaboration on sensitive data. Their solutions allow organizations to analyze and share data without compromising confidentiality or security, ensuring compliance with data protection laws like GDPR. By leveraging MPC, Algemetric enables collaborative analytics, risk assessment, and compliance initiatives across various sectors, including BFSI (Banking, Financial Services, and Insurance). Algemetric's technology ensures that data remains protected throughout the computation process, allowing organizations to unlock valuable insights while maintaining data sovereignty.
Target Audience
Algemetric's primary customers are organizations in sectors such as BFSI that require secure and privacy-preserving collaboration on sensitive data.
Features
- Secure multiparty computation (MPC) for privacy-preserving data collaboration
- Compliance with data protection laws (e.g., GDPR)
- Collaborative analytics for risk assessment and compliance initiatives
- Secure computation over sensitive data
- Data protection throughout the computation process