Legal Tech Spotlight: Rownd

Spotlight on: Rownd

Description

Developer of a cloud-based data privacy management software designed to offer data privacy and own tools to small and medium-sized businesses. The company's platform facilitates an easy-to-use portal where customers can see and control how their data is being used, enabling clients to ensure that they are compliant with data privacy regulations.

Most Recent Financing Status (As of June 2024)

The company is in the process of raising Series A venture funding on June 10, 2024. Previously, the company joined RIoT Accelerator on an undisclosed date. The company is actively tracked by PitchBook.

Founder and Chairman: Robert Thelen, [email protected]

HQ Location: 1 Glenwood Ave Suite 5 Raleigh NC 27603

Employees: 7 (as of June 2024)

Total Raised: $1.59M (as of June 2024)

Growth Rate: 0.00% Weekly Growth (13th percentile)

Size Multiple: 1.76X Median (66th percentile)

Institutional Investor:

• Gaingels
• Triangle Tweener Fund
• Alumni Ventures
• Decentralized VC
• Grit Partners
• Nomad Capital VC
• SaxeCap
• Academy Investor Network
• AIN Ventures
• Asymmetry Ventures
• Bossa Invest
• Brian Vallelunga
• UNcorrelated Ventures
• Betaworks
• John Pepper
• Lupa Systems
• Plug and Play Tech Center
• Ride Home Fund
• The Legal Tech Fund
• The Security Syndicate
• Hyperspace Ventures
• Y Combinator
• Bunker Labs
• RIoT Accelerator

To learn more about Rownd, visit their website or follow them on Linkedin

Source: Pitchbook, July 2024