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The Democratization of Innovation: Funding our mission to enable data collaboration without compromising privacy

Today we’re announcing the next phase of Apheris with a new investment from top international tech investors and leaders.

For those who are new here: Apheris enables enterprises to collaborate and analyse data securely without compromising privacy. We believe that data privacy and security should be an inherent right. Yet protecting data should not prevent valuable insights from being unlocked, especially for R&D purposes and innovation.

We’ve experienced far too often that critical data is locked away in silos, unusable or unshareable due to privacy, compliance, legal or security concerns. We realised this first hand when trying to get the right data to build Genomics applications in our last startup. Like many others, we saw that due to the many complexities in sharing data, companies are almost always limited by working with their own narrow datasets, preventing valuable insights, and new solutions.

Secure and private data sharing will drive innovation in every industry. With our technology, companies can jointly unlock entirely new data insights from distributed data and innovate on new data business models.

As a team of world-class researchers at the intersection of data privacy, cryptography, and computational sciences our goal is to radically accelerate innovation in every data-driven industry - our secret weapon is: enabling collaboration. With the new funding, we plan to hire world-class talent in engineering, data science, and customer success: check out the roles we have open here.

Since we founded Apheris in 2019, we’ve become a profitable company with leading global pharma, manufacturing, and telecommunications companies already using our platform for drug discovery, new product development, and further R&D efforts. We are excited to bring our technology to more customers and build privacy-preserving data ecosystems with them.

It’s fair to say that this is not the year we expected. And yet, Apheris’s approach to secure and private data collaboration has never been more timely and important. Some COVID-19 contact tracking and tracing efforts have come at the risk of neglecting privacy or worse. In response, we’ve shared our expertise and technology in privacy preservation to support the COVID-19 response by developing and publishing a code library with OpenMined, the largest community for privacy-preserving open-source AI, to enable more robust ways to do contact tracing that protects people’s privacy. We are also one of the ten founding signers of the Open COVID Pledge with Facebook, Amazon, IBM, Intel, and Microsoft, to make intellectual property, licenses, and copyrights available for free to support the fight against COVID-19.

What 2020 has shown all of us is that the world’s largest problems - from fighting pandemics and disease spread to developing life-saving drugs and combating climate change - require collaborative efforts to solve. And with all the issues to solving these challenges, access to the right data should not be the limiting factor to finding solutions, accelerating R&D, and innovation.

We are not alone in our beliefs. With this new funding, we are lucky to add some incredible supporters to the company. The team at LocalGlobe, investors in international tech pioneers such as Transferwise, Citymapper, and Improbable, have led the seed funding round, bringing deep insights into how to grow a successful seed company into a world leader. Our seed investment round also includes Dig Ventures, the family office of MuleSoft founder Ross Mason, a true tech pioneer and B2B data expert who has exited his company for $6.5B in one of the worldwide largest B2B data company exits, as well as Patrick Pichette, the former CFO of Google and current Board Chair for a relatively unknown company called Twitter.

Companies need and want to collaborate to unlock value from data and drive innovation - with data privacy and security at the core.  With our new investment and affirmation of our purpose and approach, we have the conviction that Apheris is the solution to enabling new ways to solve the complex problems of our time without sacrificing privacy or security. And now we have some of the world’s best tech leaders and investors to support us.

Join us. Get in touch to know more about joining the team, working with us, or more.

Join our team or collaborate with us!