Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into emerging data analytics solutions. This time, you get to discover 5 hand-picked startups developing GDPR compliance solutions.
Global Startup Heat Map: 5 Top GDPR Compliance Startups
The 5 GDPR compliance solutions you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 703 companies we analyzed for this specific topic.
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WeControl offers a GDPR Management Platform
The General Data Protection Regulation in the European Union (EU), pursuing individual privacy concerns, obligates businesses to implement data protection processes. Because the regulation requires businesses to disclose any data collection practices to the consumers, businesses are compelled to keep track of their websites’ data policies. Therefore, startups develop management platforms that help businesses control the websites’ compliance with GDPR.
Estonian startup WeControl develops a GDPR management platform for internal and third-party compliance for businesses and legal advisors. The platform allows users to keep a record of processing activities (ROPA) and collaborate within teams, as well as with clients and consultants. Additionally, the platform simplifies data protection impact assessments (DPIA) to save operational time spent on GDPR compliance.
Sypher works on a GDPR Assistance Platform
The processes of data collection, verification, documentation, and compliance demonstration are time-consuming and error-prone due to the complexity of GDPR documentation. To help with that, startups develop assistance solutions that map the required processes and progress. Moreover, these solutions brief non-compliance team employees on their tasks and conduct privacy impact assessments.
Romanian startup Sypher develops an assistance platform for GDPR compliance. The platform leads the users step-by-step through all necessary processes that ensure lawful and secure data collection activities. Additionally, the platform records tasks, creates smart privacy notices as well as data protection office dashboards. It also records data breaches to eliminate compliance fines and increases the effectiveness of register procedures collaboration.
eSpyder develops a Data Discovery Platform
Proving GDPR compliance requires companies to gather sensitive data across all digital assets. To help companies in the media, retail, and financial sectors, startups develop data discovery platforms that quickly gather Personal Identifiable Information (PII) from corporate documents and IT systems. Such solutions help avoid non-compliance measures for failing to disclose all available personal data.
British startup eSpyder offers a PII and intellectual property discovery platform for DPOs. The startup identifies PII and sensitive data on visible and hidden servers. Additionally, the platform enables data access requests from customers, ensuring people’s right to privacy and GDPR compliance for businesses.
ComplyCloud automates GDPR Documentation
The preparation of GDPR documentation requires legal knowledge. To automate documentation processes and reduce the involvement of legal experts, startups develop solutions that incorporate legal expertise. Creating documentation based on the data handling questionnaire answers, these solutions involve the combination of business and law algorithms built in cooperation with legal experts.
Danish startup ComplyCloud develops a GDPR documentation automation solution. The solution creates data processor compliance documentation, covered by attorney liability insurance, and ensures ongoing compliance control by sending monthly reminders. Moreover, the platform automates data breach documentation and the International Standard on Assurance Engagements (ISAE) 3000 report to help companies prove their credibility and data processing security.
komp.ly works on CCTV Footage Compliance
According to GDPR, released closed-circuit television (CCTV) footage cannot show any details that may identify a person. Such regulations create additional hurdles for video publishers and media companies, as well as for handling subject access requests (SAR). To support publishers, startups offer video editing services that remove personal identification elements from CCTV footage.
Irish startup komp.ly offers CCTV footage anonymization services for GDPR compliance. The startup’s services include video reduction, face blurring, and removal of personal data from video recordings. These solutions help video publishers stay GDPR compliant and enable fast processing of SARs for CCTV footage.
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