About DrumWave Inc.

The startup develops business software that integrates large datasets from third-party sources with internal data to generate company-specific insights. This enables businesses to evaluate and monetize their data assets by certifying and scoring data, facilitating informed decision-making and value sharing.

```xml <problem> Businesses struggle to effectively manage, monetize, and derive value from the increasing volume of data they possess, often treating it as a cost center rather than a revenue-generating asset. Consumers also lack control and the ability to benefit from their own data. </problem> <solution> DrumWave offers a Business dWallet® platform and Data Savings Plans that enable companies and consumers to manage, exchange, and monetize data assets. The platform allows businesses to enrich their products with data, create targeted offers, and deepen customer relationships. Consumers can deposit data into personal dWallets and Data Savings Plans, earning value from the data they own and share. DrumWave facilitates a data ownership ecosystem where data is treated as capital, benefiting both companies and consumers through shared custody rules. </solution> <features> - Business dWallets for managing and controlling data assets. - Personal dWallets for consumers to own and benefit from their data. - Data Savings Plans to define shared data custody rules. - Tools to enrich products with data for increased value. - Features for creating highly targeted offers. - Capabilities to combine and exchange data for revenue generation. </features> <target_audience> The primary target audience includes businesses looking to monetize their data and enhance customer relationships, as well as consumers seeking to control and benefit from their personal data. </target_audience> ```

What does DrumWave Inc. do?

Where is DrumWave Inc. located?

DrumWave Inc. is based in Mountain View, United States.

When was DrumWave Inc. founded?

DrumWave Inc. was founded in 2015.

How much funding has DrumWave Inc. raised?

DrumWave Inc. has raised 9400000.

Location

Mountain View, United States

Founded

2015

Funding

9400000

Employees

56 employees

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DrumWave Inc.

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Executive Summary

drumwave.com 3K+

Crunchbase

Founded 2015 – Mountain View, United States

Funding

Estimated Funding

$5M+

Team (50+)

No team information available.

Company Description

Problem

Businesses struggle to effectively manage, monetize, and derive value from the increasing volume of data they possess, often treating it as a cost center rather than a revenue-generating asset. Consumers also lack control and the ability to benefit from their own data.

Solution

DrumWave offers a Business dWallet® platform and Data Savings Plans that enable companies and consumers to manage, exchange, and monetize data assets. The platform allows businesses to enrich their products with data, create targeted offers, and deepen customer relationships. Consumers can deposit data into personal dWallets and Data Savings Plans, earning value from the data they own and share. DrumWave facilitates a data ownership ecosystem where data is treated as capital, benefiting both companies and consumers through shared custody rules.

Features

Business dWallets for managing and controlling data assets.

Personal dWallets for consumers to own and benefit from their data.

Data Savings Plans to define shared data custody rules.

Tools to enrich products with data for increased value.

Features for creating highly targeted offers.

Capabilities to combine and exchange data for revenue generation.

Target Audience

The primary target audience includes businesses looking to monetize their data and enhance customer relationships, as well as consumers seeking to control and benefit from their personal data.