Osano provides a privacy platform and suite of products to help organizations build, automate and scale privacy programs, with integrations for websites, Android and iOS. The platform uses AI to locate and classify protected information across data stores and offers tools for cookie consent and subject rights. Osano also offers regulatory guidance via a dedicated team of attorneys and provides frameworks to identify gaps and improve privacy programs. The company says it serves many industries, including financial services, e-commerce, healthcare, media, retail and CPG. Osano plans to use new funding to expand engineering, product development, sales, increase R&D investment and build a channel program. The startup reports more than 40,000 users and delivers over 1 billion cookie consent banners per month, and has raised $44.4 million in total capital to date. Osano is a software-as-a-service platform that helps companies monitor and manage their risk and compliance with privacy laws like Europe’s GDPR and California’s CCPA. The platform tracks changes to the rules and laws it covers to help customers avoid falling out of compliance and facing fines. Osano is rolling out an AI-powered data discovery tool to automatically find and classify dozens of types of personal and nonpersonal data. It offers integrations with dozens of apps and services, including AWS, Dropbox, Google and Oracle. The company plans to use new funding to double headcount with a focus on sales to meet growing demand. To date the startup has raised a total of $22.3 million, including a $5 million Series A in 2019. Osano is a risk and compliance startup offering a privacy platform to help businesses understand and address compliance with state and international privacy laws. One of its flagship features provides cookie and consent management on customer websites, allowing users to choose privacy settings in their own language. The turnkey platform is used by more than 750,000 companies — including some Fortune 500 companies — to secure over 3.5 million websites. The Austin, Texas-based company raised $5.4 million in a Series A led by LiveOak Venture Partners and Next Coast Ventures, bringing total capital raised to date to $8.4 million. Osano plans to use the new funds to further invest in research and development, marketing, and hiring to meet growing demand. Co-founder and CEO Arlo Gilbert said the company is moving quickly to add talent and deepen its position as a leading data privacy platform. Osano, founded in 2018 by Arlo Gilbert, builds tools to increase data-privacy transparency for consumers and businesses. Its core product, Privacy Monitor, is a free browser plugin (Chrome, Firefox, Safari) and a mobile app (Android, soon iOS) that analyzes thousands of online privacy policies and surfaces a proprietary privacy reputation score. The score reflects how companies collect, use, share and store data and whether they comply with regulations such as GDPR. The company emerged from stealth alongside the launch of Privacy Monitor and intends to use new funding to launch and expand adoption of its Privacy Monitor tools and privacy reputation scoring system. Osano operates as a B Corporation and positions purpose alongside profit in its business decisions. The company recently completed a seed financing to support product rollout and user growth.

Total raised

$44M

Funding rounds

4

Latest round

Series B

Latest activity

Aug 2023