Ours Privacy Raises $15 Million in Series A Round
Ours Privacy, a company based in Houston, Texas, has successfully raised $15 million in a Series A funding round. The round was co-led by Lightbank and Health Velocity Capital, with participation from Rock Health, Lakehouse, TMV, Switch Ventures, Starfire Ventures, and GreyMatter.
What Ours Privacy Does
Ours Privacy specializes in providing a comprehensive Customer Data Platform (CDP) and privacy solution that is fully compliant with HIPAA regulations. Their platform enables businesses to execute optimized analytics and advertising strategies without compromising sensitive data by ensuring it doesn’t reach non-compliant tools.
Leadership Team
The company was co-founded by Tyler Zey, who serves as the CTO and Head of Product, and Adam Putterman. Their leadership has been pivotal in steering Ours Privacy towards addressing the complex needs of data privacy and analytics in healthcare and other sensitive industries.
Use of Funds
While specific allocations of the newly acquired funds were not disclosed, the investment is expected to support the company's growth initiatives, which may include expanding their team, enhancing product features, and scaling operations to meet increasing demand for privacy-compliant solutions.
Investors and Market Impact
The involvement of investors like Lightbank and Health Velocity Capital, along with others such as Rock Health and Lakehouse, underscores the growing interest in privacy-centric technology solutions. As data privacy continues to be a significant concern across industries, Ours Privacy is positioned to play a vital role in this evolving landscape.