Overview

WireWheel specializes in data privacy management software that helps businesses comply with global privacy laws like GDPR and CCPA. Its platform simplifies the management of data privacy, making it user-friendly for those without technical expertise. WireWheel serves a variety of clients, including large enterprises in sectors such as technology, finance, healthcare, and retail, where data privacy is crucial. The company operates in the rapidly growing data privacy and compliance market, driven by increasing regulations and consumer awareness. WireWheel's subscription-based model allows clients to access a suite of tools for managing privacy programs, communicating with consumers, and generating compliance documentation. The platform is customizable, enabling users to automate tasks and adapt to changing laws. WireWheel's goal is to provide accessible and effective privacy management solutions to help businesses protect consumer data and meet regulatory requirements.

Simplify's Take

What believers are saying

• Growing demand for privacy solutions due to increased remote work and digital transformation.
• Expansion of privacy laws in Asia-Pacific opens new market opportunities for WireWheel.
• AI integration in privacy tools enhances data processing and compliance automation.

What critics are saying

• Microsoft's expanded Priva suite increases competition in the privacy management sector.
• Osano's acquisition of WireWheel may lead to strategic shifts affecting client relationships.
• WireWheel's market differentiation may be insufficient in a crowded privacy solutions market.

What makes WireWheel unique

• WireWheel offers a highly configurable platform tailored to specific client needs.
• The platform simplifies privacy management for non-technical users, enhancing accessibility.
• WireWheel's integration with Drupal and WordPress expands its usability across popular platforms.

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Funding

Total Funding

$43M

Below

Industry Average

Funded Over

4 Rounds

Notable Investors:

New Enterprise Associates

Notable Investors:

New Enterprise Associates

$19,300,000

Series B

Feb 2021

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Below Average

Industry standards

Ind Avg. $35M

$4M

$19.3M

$30M

$45M

$65M

$100M

View all funding stages