# Inrupt

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.inrupt.com
- Total disclosed funding: $36M
- Latest round: Series A (Dec 10, 2021)
- Investors on record: 7

## About

Inrupt, Inc. is a Boston-based technology company focused on innovative data management solutions, empowering businesses to leverage customer-curated data through its flagship product, Agentic Wallets™, ensuring privacy compliance and enhancing user experiences.Founded in 2017 in Boston, US, Inrupt, Inc. specializes in developing advanced data management systems. The company was co-founded by John Bruce and Tim Berners-Lee, a well-known figure in the internet's history. In March 2022, Inrupt raised USD 30.00 mn in a Series A round led by Forte Capital Management, bringing its total amount raised to USD 30.00 mn and current valuation to USD 165.488 mn.Inrupt, Inc. specializes in innovative data management solutions through its flagship product, Agentic Wallets™, which integrates artificial intelligence with customer-curated data. This technology allows businesses to create personalized, compliant, and hyper-targeted user experiences by leveraging consented, real-time customer data. The core offering supports various functionalities, including secure customer logins, data sharing on social media, and analytics on visitor interactions, while ensuring compliance with privacy regulations such as GDPR and CCPA. Inrupt's products cater to a diverse clientele, including enterprises that require robust infrastructure for hosting interoperable wallets designed for millions of users. The company primarily serves markets in North America and Europe where there is a growing demand for privacy-focused data solutions and customer-centric applications.Inrupt generates revenue through its enterprise-level product offerings, which are structured around software licensing and subscription models. Clients typically engage with Inrupt to implement Agentic Wallets™ and associated data management solutions, which enhance customer app engagement while ensuring data security and compliance. The company’s revenue model may involve direct partnerships with businesses, enabling them to access and utilize the advanced data infrastructure provided by Inrupt. The pricing structure is designed to accommodate various organizational needs, particularly focusing on mid to large enterprises that require sophisticated data solutions. Inrupt's commitment to providing flexible, secure access to customer data positions it well within the growing market for privacy-conscious technologies, further solidifying its revenue-generating capabilities.In March 2022, Inrupt, Inc. secured USD 30.00 mn in a Series A funding round to accelerate development and expand its business. The company plans to enhance its Agentic Wallets™ product with new functionalities aimed at improving user experiences. Additionally, Inrupt is targeting expansion into other geographic regions as it continues to meet the increasing demand for privacy-centric data management solutions.

## Funding rounds

- Series A, Dec 10, 2021, $30M — Akamai Technologies, Inc., Forte Ventures, Allstate Investments, Gaingels, Glasswing Ventures, Octopus Investments, Minderoo Foundation
- Seed, Nov 4, 2019, $6.5M — Octopus Investments

## Investors

- Octopus Investments (https://capitalatlas.ai/funds/octopus-investments) — Seed, Series A
- Akamai Technologies, Inc. — Series A
- Forte Ventures (https://capitalatlas.ai/funds/forte-ventures) — Series A
- Allstate Investments (https://capitalatlas.ai/funds/allstate-investments) — Series A
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A
- Glasswing Ventures (https://capitalatlas.ai/funds/glasswing-ventures) — Series A
- Minderoo Foundation — Series A