FinovateFall 2022 / Privacy Lock
Presenter Profile:
How they describe themselves: Privacy Lock offers one solution to global privacy compliance for banks and financial services companies. Privacy Lock helps businesses map their data inventory and automate consumer requests and compliance reporting processes without ever collecting PII.
Privacy compliance across jurisdictions will become increasingly challenging in the years ahead. With one solution, Privacy Lock protects businesses from expensive compliance fines and reduces costs for implementing consumer requests and regulatory reporting. We hope to be your partner in privacy.
How they describe their product/innovation: Privacy Lock offers one solution to global privacy compliance. Privacy Lock is the only product that offers privacy compliance solutions without collecting, storing, or processing any PII. We hope to be your partner in privacy!
Product distribution strategy: Direct to Business (B2B)
Contacts:
Bus. Dev. & Press: David Ritter (CEO), david@pentaprivacylock.com
Website: pentaprivacylock.com
HQ: Denver, CO, USA
Founded: December 2021
Product Demoed: Privacy Lock
Raising Funding: Seed – $3M
Presenter: David Ritter, CEO
- Key Executives
David Ritter (CEO), Dr. Ed Kazmierczak (CTO), Dr. Steve Melnikoff (CSO)
Key Stats
- Key Board Members
Robert Keil (SVP & Chief Payments Officer, Sutton Bank), Jason Miles (CEO of Payment Solutions Consultants, President-Emeritus of Financial Fraud Consortium), Mac Chavarria (Managing Partner of Basin Pacific Insurance), Joel Telpner (Head of Fintech, Sullivan and Worcester)
- Key Investors
FIS Impact Ventures and The Venture Center, Robert Keil (SVP & Chief Payments Officer, Sutton Bank), Mac Chavarria (Managing Partner of Basin Pacific Insurance), Penta Network
- Key Advisory Board Members
Robert Keil (SVP & Chief Payments Officer, Sutton Bank), Jason Miles (CEO of Payment Solutions Consultants, President-Emeritus of Financial Fraud Consortium), Mac Chavarria (Managing Partner of Basin Pacific Insurance), Joel Telpner (Head of Fintech, Sullivan and Worcester)
- Key Partners
FIS, Sutton Bank, The Venture Center, University of Washington, Themis, DEDI Path, CariNet
- Key Customers
Sutton Bank, DEDI Path, CariNet, University of Washington