# Bitfount

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/bitfount

- Industry: Software
- Headquarters: London, UK
- Website: www.bitfount.com
- Total disclosed funding: $13M
- Latest round: Series A (Jul 12, 2025)
- Investors on record: 6

## About

Founded in 2020 by Blaise Thomson (CEO), Naaman Tammuzand (CPO), and based in London, UK, Bitfount Ltd, Ltd is a developer of an AI-based data collaboration platform that allows users to share, access, and collaborate on datasets without revealing any sensitive underlying data while data is being sent to multiple users. In May 2022, Bitfount Ltd raised USD 5 million in Seed funding co-led by new investors Ahren innovation Capital and Speedinvest. The firm’s existing client base includes pharmaceutical companies, research institutions, hospitals, and financial services firms.

The company is supported by a hybrid open-source/SaaS model, an SDK supported by a web-based platform, and cryptographic tools such as differential privacy that allows algorithms to travel to datasets without transferring sensitive information. The firm offers services for patient identification for clinical trials, digital biomarker development, drug development, AI/ML model evaluation for regulatory and benchmarking purposes and improving data diversity and representation for better healthcare outcomes.

The company intends to use the May 2022 funding to expand its team and accelerate the development of its data collaboration platform.

## Funding rounds

- Series A, Jul 12, 2025, $8M — Foresight Group, Parkwalk Advisors, Ahren Innovation Capital, Portfolio Ventures, Pace Ventures Enigma
- Seed, Jun 18, 2021, $4.9M — Speedinvest, Ahren Innovation Capital

## Investors

- Speedinvest (https://capitalatlas.ai/funds/speedinvest) — Seed
- Ahren Innovation Capital (https://capitalatlas.ai/funds/ahren-innovation-capital) — Seed, Series A
- Foresight Group (https://capitalatlas.ai/funds/foresight-group) — Series A
- Parkwalk Advisors (https://capitalatlas.ai/funds/parkwalk-advisors) — Series A
- Portfolio Ventures (https://capitalatlas.ai/funds/portfolio-ventures) — Series A
- Pace Ventures Enigma (https://capitalatlas.ai/funds/pace-ventures-enigma) — Series A