
USEncryption unlocks value from confidential data, while maintaining privacy and security. Privacy and security concerns require confidential data to be protected, typically locked in silos – they unintentionally block valuable, even life-saving insights. McKinsey estimates that open data could unlock up to $5 trillion in economic value per annum. We created and patented a new Privacy-Enhancing Technology to process encrypted data, and enable confidential data sharing. The data is shared in encrypted format to allow an untrusted party to extract insights without having to decrypt first. Use cases include training machine learning models on encrypted data, which could feed new AI models with bigger datasets, but not compromise the confidential data in them.

USEncryption unlocks value from confidential data, while maintaining privacy and security. Privacy and security concerns require confidential data to be protected, typically locked in silos – they unintentionally block valuable, even life-saving insights. McKinsey estimates that open data could unlock up to $5 trillion in economic value per annum. We created and patented a new Privacy-Enhancing Technology to process encrypted data, and enable confidential data sharing. The data is shared in encrypted format to allow an untrusted party to extract insights without having to decrypt first. Use cases include training machine learning models on encrypted data, which could feed new AI models with bigger datasets, but not compromise the confidential data in them.
What they do: Privacy-enhancing technology to compute on and share encrypted/confidential data without decrypting it
Stage / funding: Early-stage (Pre-Seed + grants); most recent disclosed round Sep 28, 2023
Founding: Founded by Claudio Chamon, Eduardo Mucciolo, Leandro Veltri (company activity starting 2018/2019)
Team size: Reported headcount: 1–10 employees
Privacy-enhancing computation and secure data sharing for confidential datasets
2018
Data privacy / Security / Privacy-enhancing technology
Most recent disclosed funding round
“Received grants and non-equity support from organizations including MassChallenge, NIST, and NSF”