Decentriq offers an enterprise SaaS data clean-room platform designed to protect sensitive datasets while enabling collaboration with internal and external stakeholders. Its clean rooms are powered by confidential computing to ensure security and compliance. The company positions itself as building the "Switzerland of Data," a neutral ground for data collaboration. Recent months have seen collaborations with multiple media and pharma companies leveraging the platform. Decentriq is a founding member of the Confidential Computing Consortium and has participated in the Venture Leaders program and been named a Top 100 Swiss Startup. Financially, it completed a $5.0M venture debt raise in November 2022 and reports $25M in total funding. Decentriq operates a cloud-native data clean room platform that ensures only data owners can access their raw data, preventing access by other participants, Decentriq, or the cloud provider. The company leverages Confidential Computing and privacy-enhancing technologies to meet strict regulatory standards such as GDPR. Since 2021 it has supported pharmaceutical companies accessing hospital data in Switzerland and Belgium, and 20 of the largest pharmaceutical companies collaborate in a Decentriq clean room for benchmarking. Decentriq plans to expand analytical tooling (Python, R, machine learning) and add PET features like synthetic data and differential privacy. The company intends to use new funding to capture growing demand for secure data collaboration and to grow its team across Europe, the Middle East, Asia and the U.S. Financially, the company recently closed a $15 million Series A following a $3.8 million seed round in November 2020. Decentriq is a Zurich-based enterprise data security company that provides a cloud-based platform for confidential analysis of sensitive datasets. Its platform enables enterprises to assess data subject to GDPR or strategically important information in a protected, encrypted environment and to apply external machine-learning models to internal datasets. This allows organizations to manage, analyze and share data within minutes without needing to trust a third party, while remaining compliant with privacy requirements. The company is led by co-founder and CEO Maximilian Groth. In October 2020 Decentriq raised $3.8M in seed funding led by btov Partners, with participation from Paladin Capital Group and existing investor Atlantic Labs. Decentriq intends to use the funds to expand internationally and grow its client base within and beyond the financial services and healthcare industries.

Total raised

$24M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Nov 2022