# Permission.io

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/permission-io

- Industry: Internet
- Headquarters: Austin, US
- Website: www.permission.io
- Total disclosed funding: $43M
- Latest round: Series B (Nov 19, 2013)
- Investors on record: 1

## About

Permission.io offers a platform that allows consumers to monetize their personal data by engaging with brands through data-sharing agreements, earning ASK® rewards in the process.Permission.io, Inc. was founded in 2004 and is headquartered in Austin, Texas, US. The company enables users to earn cryptocurrency by sharing personal data, actively addressing consumer control over data. The CEO is Charles Silver. In November 2013, Permission.io raised USD 41.22 mn in Series B funding from Thynk Capital, bringing the total amount raised to USD 41.22 mn over three deals.Permission.io's core offering is a platform that enables users to earn cryptocurrency by sharing their personal data with trusted brands. Users opt-in to data-sharing agreements, earning ASK® rewards whenever their data is utilized. The platform serves tech-savvy consumers and brands interested in ethical data utilization across North America and Europe.Permission.io generates revenue primarily through data shared by users with brands, which pay for access to this aggregated data. The direct-to-consumer model encourages user engagement through activities such as watching videos and taking surveys. Brands utilize the insights from this data, with ASK® rewards serving as the currency within the ecosystem.Following the recent Series B funding of USD 41.22 mn from Thynk Capital in November 2013, Permission.io plans to enhance its platform with new products designed to further integrate user engagement and data privacy. The company is exploring expansion into new geographic regions, targeting additional markets in Europe by 2024. Funding will be utilized to support product development and market entry strategies.

## Funding rounds

- Series B, Nov 19, 2013, $41M — Thynk Capital
- Series A, May 3, 2006, $1.6M — Thynk Capital

## Investors

- Thynk Capital (https://capitalatlas.ai/funds/thynk-capital) — Series A, Series B