Transcend offers a 12-product Privacy and AI Governance platform that helps enterprises discover and classify personal data, manage consent and preferences, and automate operational workflows such as data deletion and access requests. The company emphasizes encoding privacy controls directly into business systems at the code level rather than relying on legacy manual processes. Its product set includes data mapping, risk assessment, consent management, and AI governance features to help customers comply with evolving regulations like the EU AI Act. Customers named in the article include LG Electronics, Plaid, Brex, Hims & Hers, and Rippling, and Transcend reports delivering actionable data rights to over 1.2 billion people globally. Founded in 2017 and headquartered in California’s Bay Area, Transcend positions itself to meet growing market demand amid a data privacy software market projected to grow at a 40% CAGR to $30B by 2030. As of this round, the company has raised nearly $90M in total financing. The recent funding is intended to accelerate adoption of its modern, code-level privacy infrastructure across enterprises. Transcend has built data privacy infrastructure that integrates into a company’s databases and applications to automatically handle data subject requests end-to-end with no human intervention. The platform locates and manages personal data across databases, SaaS tools, warehouses, vendors, and exposes an end-user "Privacy Center" where users can export or delete their data. Transcend emerged from beta in 2019 with a cohort of customers including Robinhood and Patreon and has processed over 20,000 access, erasure, and opt-out requests to date. The company positions its product to simplify compliance with regulations such as GDPR and CCPA and to help companies fulfill growing volumes of user data-rights requests. By offering a common service for companies to leverage, Transcend aims to scale adoption across businesses that currently use manual, time-intensive processes. Transcend provides data-privacy infrastructure and a customer-facing privacy interface that summarizes legal privacy policies into TL;DRs. The product enables users to download their data and opt out of marketing and sale of personal information. The company positions itself to help companies navigate technical challenges around personal data as regulations like the EU’s GDPR roll out. Transcend launched its product after early backing and is targeting both fast-growing B2C startups and larger incumbents facing increased public scrutiny. Founders Ben Brook (CEO) and Michael Farrell (CTO) began the company after meeting at Harvard and iterating on the product while fundraising. Financially, Transcend recently closed a seed round to support growth and compliance-focused product work.

Total raised

$69M

Funding rounds

3

Latest round

Series B

Latest activity

May 2024