DrumWave Inc.
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DrumWave Inc. - overview
Established
2010
Location
Palo Alto, CA, US
Primary Industry
Software
About
DrumWave Inc. specializes in enabling individuals and businesses to manage and monetize their personal data through innovative digital solutions like the Personal dWallet® and Data Savings Plans. DrumWave Inc. , founded in 2010, is headquartered in Palo Alto, US.
The company focuses on empowering users to manage their personal data effectively. André V serves as both the CEO and Founder, leading the company since its inception. DrumWave has conducted one funding round, raising an undisclosed amount of Seed funding from DGF Investimentos in July 2018. DrumWave's core offerings center around the Personal dWallet® and Data Savings Plans, designed to empower individuals and businesses in managing and monetizing their personal data.
The dWallet® acts as a digital wallet for personal data, enabling users to accumulate, save, exchange, and invest their data over time. This platform caters to consumers looking to optimize their data, as well as businesses seeking to create data-enriched products. DrumWave markets its products in North America, Europe, and select Asian markets, targeting demographics that prioritize data ownership and monetization. DrumWave generates revenue through subscription services for its dWallet® and partnerships with businesses that integrate data-driven insights.
Clients engage with DrumWave on a subscription basis, accessing features of the dWallet® and Data Savings Plans for personal data management. The business model includes direct-to-consumer transactions and B2B partnerships, although specific pricing details are not publicly disclosed. DrumWave plans to launch new products aimed at enhancing its data management solutions, with specific details and release dates expected to be announced in future communications. The company also aims to expand its presence in additional markets, particularly targeting regions in Asia and Europe by the end of 2023.
The funds raised in July 2018 will be utilized to support these initiatives, driving product development and market entry strategies.
Current Investors
DGF Investments
Primary Industry
Software
Sub Industries
Analytics & Performance Software
Website
www.drumwave.com
Verticals
Research (Non-Medical)
Company Stage
Angel & Seed
Total Amount Raised
Subscriber access only
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