Rachel O’Connell
Founder
T
TrustElevate
Trust Elevate is a RegTech platform that verifies parental responsibility and provides age estimation for online transactions, ensuring that only authorized parents can give consent for their children. This solution addresses the need for regulatory compliance in protecting children online by automating the consent process and enhancing user safety.
- Advertising Technology
- Enterprise Software
- Legal Technology
- Software Only
Updated 23 months ago
Funding
Raised to date
$997.2KRaised 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.
Funding rounds are not available yet.
Founders
Product
Problem
Many online platforms lack robust mechanisms to verify user ages and parental responsibility, creating risks for children and compliance challenges for businesses. Existing methods often fail to accurately determine user age or secure verifiable parental consent for data processing, leading to potential legal and ethical issues.
Solution
Trust Elevate offers a RegTech platform that addresses these challenges by providing age estimation and parental responsibility verification for online transactions. The platform enables businesses to accurately determine user age bands and obtain consent from the authorized holder of parental responsibility, ensuring compliance with data protection regulations. Trust Elevate's Single Sign-On (SSO) solution streamlines user onboarding by allowing parents to quickly and securely create accounts for their children. The platform's zero data retention policy ensures customer data privacy and reduces the risk of data breaches.
Target Audience
Trust Elevate's primary customers are online businesses and digital platforms that need to comply with regulations regarding the collection and processing of children's data, including those in the gaming, social media, and e-commerce industries.
Features
- Age estimation technology to accurately determine user age bands.
- Parental responsibility verification to ensure only authorized parents can provide consent.
- Single Sign-On (SSO) solution for streamlined user onboarding.
- Compliance with GDPR, AVMSD, PSD2, ePrivacy Regulation, and Online Harms regulations.
- Zero data retention policy for enhanced data privacy.
- Patented privacy-preserving service to ensure compliance with regulations in countries around the world.
- Adaptability to evolving regulations and emerging technologies.