Personal data sharing and management service digi.me has completed its Series A funding round, adding $6.1m to its account. This follows previous funding rounds, bringing its total investment to $10.2m. The round was led by Swiss Re, a global re-insurer.
Digi.me has raised $6.1m in its Series A funding round
Digi.me brings together personal data into a single app and platform, then allows users to share it with businesses if required, ensuring they are still in control of their information. Currently, the app aggregates pictures and posts from social networks, but the new investment will help add health and financial information to the stream.
Julian Ranger, digi.me’s founder, said:
“This is a watershed moment for digi.me. Following our extensive work and innovation in the concept of each of us truly owning and controlling our own personal data, this investment enables us to make the Internet of Me available to everyone, consumers and businesses alike. This concept, which is better for the individual and also better for businesses who can access rich data with full user permission, while meeting all new data protection rules such as the GDPR, will allow digi.me to accelerate its activities with a number of multi-national companies who we are already working with, and bring further major businesses into our new ecosystem.”
The app is used in 140 countries around the world, and boasts more than 400,000 users. The new funding will also be used to accelerate the app’s launch. Learn more by visiting digi.me’s website here.