Woodway Assurance

Woodway Assurance, based in Canada, specializes in independent data privacy risk assessments, providing innovative solutions that streamline compliance with rigorous privacy regulations for a variety of industries. Founded in 2025 in Ottawa, Canada, Woodway Assurance focuses on data privacy solutions. The company has completed 1 deal, with its most recent funding occurring on December 17, 2025, during a SEED round which raised USD 1. 000 mn.

The firm aims to enhance its data privacy services through advanced technology. Woodway Assurance offers EviData, a comprehensive solution for independent data privacy risk assessments, primarily evaluating de-identified, anonymized, or synthetic datasets. Utilizing AI-driven automation, EviData streamlines the assessment process, ensuring compliance with Canadian regulations and international ISO guidelines. This subscription-based service is designed for diverse industries such as healthcare, finance, and insurance, operating entirely within the client's environment to facilitate secure data sharing while meeting stringent privacy standards.

EviData generates revenue through a subscription model, where clients pay for access to data risk assessment services. This allows organizations to evaluate their compliance with data privacy regulations and manage their data handling practices effectively, fostering trust and enabling collaboration. The business transactions are primarily B2B, accommodating large datasets and providing consistent service delivery and security. In December 2025, Woodway Assurance secured USD 1.

000 mn in SEED funding, led by Aventure Capital, to enhance sales, marketing, and customer success initiatives while improving the scalability of EviData's de-identification technology. The funding will facilitate expansion into new geographic markets, further solidifying Woodway Assurance's position within the data privacy sector.