The startup develops a data-sharing ecosystem that harmonizes incompatible data from diverse sources, enhancing data interoperability and trust. This platform enables businesses to merge and utilize data effectively, leading to improved decision-making and the creation of new business opportunities.
Funding
$11.5M 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
The built environment sector faces challenges in achieving seamless data exchange due to incompatible data formats and a lack of trust between organizations. This inhibits effective data utilization for critical tasks such as energy saving, ESG implementation, and project lifecycle optimization.
Solution
Platform of Trust provides a data exchange platform focused on the built environment, enabling trustworthy and sustainable data flow between organizations. The platform improves data interoperability within data ecosystems, allowing participants to turn real-time data into usable products. It facilitates contract-based data exchange with identified parties, agreed rules, and compliance monitoring. The platform addresses collective action problems in the built environment, such as near-miss incident analysis, TAKT methods implementation, water meter reading, ESG implementation, and project lifecycle optimization.
Target Audience
The platform is designed for property owners, supply chain participants (construction companies, data service providers), and end-users (tenants) in the built environment.
Features
- Data Exchange Catalogue and Orchestrator tool for network data exchange
- Universal Ontology and Harmonizer tool for data utilization
- Contract-based Data Exchange and Contract Console tool for governability
- Support for EU Data Strategy compliance
- Based on Ontological Data Mesh architecture