OpenMined
Latest round
- Seed
Last raised
- Jan 2020
Total raised
- $3M
Investors
- 2
About OpenMined
Founded in 2017 in Oxford, UK, OpenMined focuses on privacy-preserving technology solutions. The organization was established as a non-profit foundation and does not operate under a parent company.000 mn.OpenMined is primarily focused on developing open-source solutions that facilitate the creation and deployment of privacy-preserving applications. Their core offerings include the PySyft library, which enables secure and private data sharing through advanced cryptographic techniques, and the SyftBox, a platform designed for collaborative data science without compromising user privacy. These tools are aimed at addressing significant challenges in data governance, particularly in sectors where sensitive information is prevalent. OpenMined serves a diverse clientele that includes data scientists, researchers, and companies across various industries, focusing on markets in North America and Europe.OpenMined operates as a 501(c)(3) non-profit foundation, which suggests that its revenue generation model revolves around donations and grants rather than traditional sales or subscription models. While specific pricing plans for their flagship products and services are not disclosed, the foundation's focus on community engagement and collaboration indicates a reliance on partnerships and sponsorships to support its mission. The organization is also planning to expand its reach into additional markets in Europe and Asia by mid-2024, aiming to increase its user base and collaboration opportunities.
Who invested in OpenMined
2 investors across 1 round
See all investors in OpenMined
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Funding rounds
Seed
Jan 22, 2020
Amount
$3M
Investors
Questions about OpenMined
Who invested in OpenMined?
OpenMined has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has OpenMined raised?
OpenMined has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did OpenMined last raise money?
OpenMined's most recent round on record is a Seed, in Jan 2020.
What does OpenMined do?
Founded in 2017 in Oxford, UK, OpenMined focuses on privacy-preserving technology solutions.
Where is OpenMined headquartered?
OpenMined is headquartered in Oxford, UK.
Which VCs invest in companies like OpenMined?
Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Balderton Capital back internet companies at OpenMined's stage. Their profiles are linked below.
VCs backing internet startups at Seed
Raising like OpenMined? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.