Wed. Jan 22nd, 2020

Here’s an exclusive look at the pitch deck AI privacy startup Mine used to raise $3 million to help people ask companies to delete their data

Source: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/33Px49_GGqA/pitch-deck-ai-privacy-startup-mine-used-to-raise-millions-2020-1

Here’s an exclusive look at the pitch deck AI privacy startup Mine used to raise $3 million to help people ask companies to delete their data

  • AI startup Mine scans user emails to uncover which companies have their data – then lets them take it back at the click of a button.
  • Mine launches as internet users become increasingly aware that companies hold vast troves of data on them and, in Europe, that they can request that information to be deleted.
  • The $3 million seed round was led by Saban Ventures and Battery Ventures, the latter of which previously invested in cryptocurrency exchange Coinbase.
  • The firm’s founders Gal Golan, Gal Ringel and Kobi Nissan gave Business Insider an exclusive look at their pitch deck. 
  • Click here for more BI Prime stories. 

Mine, an AI startup allowing users to take ownership of their personal data, has given Business Insider an exclusive look at its pitch deck, after raising $3 million in an investment seed round led by Battery Ventures.

Since 2014, EU data protection rules have allowed individuals to ask organizations to delete their personal information, including phone numbers, dates of birth and email addresses. Google has been among those most impacted by this “right to be forgotten”, with 2.4 million people submitting requests in just four years.

The Mine app works by using what the company calls “non-intrusive” machine learning algorithms, which root out the companies flooding your inbox with promotions or other sign-up material.

Users are then presented with a list of corporations which currently hold their personal information, and can then send them an email requesting that their data be deleted with the click of a button.

The funding round was led by VC firms Saban Ventures and Battery Ventures.

In October last year, the firm was chosen by tech giant Intel as one of 160 startups to join its “Ignite” accelerator scheme, a 20-week program offering pre-seed startups hands-on mentorship.

Check out their pitch deck below: 

Source: http://feedproxy.google.com/~r/typepad/alleyinsider/silicon_alley_insider/~3/33Px49_GGqA/pitch-deck-ai-privacy-startup-mine-used-to-raise-millions-2020-1