Dipeeo, a French reg tech company specializing in GDPR compliance, secured €1.8 million in funding led by Hi Inov-Dentressangle to accelerate its growth and expansion within the European market.
Information on the Target
Dipeeo, founded in 2021, is a French regulatory technology company specializing in General Data Protection Regulation (GDPR) compliance. The company has developed a sophisticated software platform that automates and streamlines the compliance process for businesses, ultimately allowing them to focus on their core operations. Dipeeo positions itself as a leader in this space by acting as a registered Data Protection Officer (DPO) across various European countries, thereby ensuring that its clients meet robust legal requirements.
With a client base of nearly 350 businesses across diverse sectors such as banking, finance, technology, healthcare, marketing, and human resources, Dipeeo has swiftly become the second largest DPO in France, generating over €1 million in revenue by 2023. With the recent €1.8 million round of funding, the company aims to further enhance its footprint in both the French and broader European markets.
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Industry Overview in France
The GDPR, which came into effect in May 2018, has imposed a rigorous legal framework for the handling of personal data across the European Union. As businesses of all sizes are required to ensure compliance with these regulations, the demand for
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Disclosed details
Transaction Size: $2M
Revenue: $1M