Qonsent, Inc.

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Qonsent, Inc. - overview

Established

2021

Location

-, CT-Connecticut, US

Primary Industry

Software

About

Qonsent, Inc. provides a consumer-focused platform for managing dynamic consent and first-party data, enhancing interactions between businesses and consumers through innovative data management solutions. Founded in 2021, Qonsent, Inc. is based in the US and specializes in dynamic consent management and first-party data solutions.


The company was launched by Jesse Redniss and Seth Redniss, with Jesse serving as the CEO. In December 2021, Qonsent raised USD 5 mn in Seed funding from investors including Brand New Matter, Crosscut Ventures Management, Lunch Partners, and Zekavat Group, marking its only funding round to date. Qonsent offers a consumer-centric platform designed for dynamic consent and first-party data management. Its core product is a low code/no code tool that enables brands to capture first-party data with direct consumer consent through engaging interfaces.


Key features include a Smart Ledger for data auditability, a Preference Management Center, and custom landing page creation via a Brand Portal. The platform ensures compliance with data protection regulations such as SOC II, CCPA, GDPR, and HIPAA, serving clients across North America and Europe. Qonsent generates revenue primarily through B2B partnerships and direct client engagements, focusing on subscription-based plans that allow brands, agencies, and publishers to utilize its platform for consent management and data collection. Revenue is driven by the customization and integration of its services into existing marketing frameworks, including the Smart Ledger and Preference Management Center, facilitating compliance with privacy regulations while enhancing consumer trust.


Following its Seed funding round in December 2021, Qonsent plans to utilize the USD 5 mn to further develop and scale its data privacy and consent solutions. The company is poised to introduce new products designed to enhance its platform's capabilities, although specific release dates have not been disclosed. Additionally, Qonsent aims to expand its operations into new markets, targeting further reach within North America and potential growth into Europe by the end of 2023.


Current Investors

Crosscut Ventures Management, Brand New Matter, Lunch Partners

Primary Industry

Software

Sub Industries

Legal Software

Website

www.qonsent.com

Verticals

Mobile Apps, RegTech

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

Qonsent, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
SeedCompletedQonsent, Inc.-

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