# dq Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/dq-technologies

- Industry: Software
- Headquarters: Zurich, Switzerland
- Website: www.decentriq.ch
- Total disclosed funding: $19M
- Latest round: Series A (Mar 22, 2022)
- Investors on record: 4

## About

dq Technologies AG is a Swiss company specializing in secure data clean room solutions that enable advanced analytics while upholding data privacy standards for various industries.Founded in 2018, dq Technologies AG, headquartered in Zurich, Switzerland, offers innovative data clean room solutions aimed at facilitating secure data collaboration. The company has raised a total of USD 15.00 mn in Series A funding, with the latest round completed on March 22, 2022, led by Eclipse Ventures and supported by investors including Atlantic Labs and Paladin Capital Group. The founder, Stefan Deml, has a background in technology entrepreneurship.Decentriq specializes in providing secure data clean room solutions designed to facilitate advanced analytics and collaboration on sensitive datasets while maintaining strict data privacy standards. Their core product offerings enable organizations to collaboratively analyze first-party data without compromising privacy, utilizing technologies such as confidential computing. These solutions are particularly beneficial for various industries, including advertising, healthcare, and finance, as they allow users to unlock valuable insights from their data while adhering to compliance regulations. Decentriq's customer base comprises brands, publishers, data partners, retailers, and healthcare organizations seeking to leverage their rich data assets in a secure manner. The company’s products are accessible in key international markets, including Europe and North America, emphasizing its global reach and the versatility of its clean room technology.Decentriq's revenue model is built around partnerships and subscription-based access to its data clean room solutions, catering primarily to business clients across various sectors. The company engages in B2B transactions, where clients pay for access to its platform to run analytics on their data in a secure environment. These transactions often involve contractual agreements that specify the terms of service and access levels for different client needs. Clients typically engage in agreements that allow them to utilize Decentriq’s advanced analytics capabilities while ensuring that sensitive data remains under their control. The structure of these transactions highlights Decentriq's position as a trusted partner in data privacy and analytics, facilitating significant collaborations without exposing underlying data to external entities.Following its Series A funding of USD 15.00 mn on March 22, 2022, led by Eclipse Ventures, dq Technologies AG plans to accelerate the development and commercialization of its data clean rooms leveraging AI, encryption, and privacy-enhancing technologies. The company intends to expand the types of analytical tools available on its platform, including Python, R, and machine learning capabilities. This funding will also support the capture of growing demand for secure data collaboration in new and existing markets, with plans to grow its team across key regions in Europe, the Middle East, Asia, and the US.

## Funding rounds

- Series A, Mar 22, 2022, $15M — Paladin Capital Group, b2venture, Atlantic Labs, Eclipse Ventures
- Seed, Oct 20, 2020, $3.8M — Paladin Capital Group, b2venture, Atlantic Labs
- Seed, Oct 1, 2019 — Atlantic Labs

## Investors

- Atlantic Labs (https://capitalatlas.ai/funds/atlantic-labs) — Seed, Series A
- Paladin Capital Group (https://capitalatlas.ai/funds/paladin-capital-group) — Seed, Series A
- b2venture (https://capitalatlas.ai/funds/b2venture) — Seed, Series A
- Eclipse Ventures (https://capitalatlas.ai/funds/eclipse-ventures) — Series A
