With entirely different backgrounds ranging from Cyberlaw to analytics, we share a passion for impactful marketing, decentralization, and well-written code. While none of us are new to the startup world, PrivacyCloud is our first foray into the consumer-facing space
Founded in March 2018, PrivacyCloud closed its first round of external investment in October 2019, with financial services group BBVA and Spain-based investment vehicle La Sexta Opcion becoming minority shareholders.
About BBVA (lead investor)
BBVA is a customer-centric global financial services group founded in 1857. The Group has a solid leading position in Spain, is the largest financial institution in Mexico, and has leading franchises in South America, the SunBelt Region of the United States, and Turkey. Its diversified business is focused on high-growth markets and it relies on technology as a key sustainable competitive advantage. Corporate responsibility is at the core of its business model. BBVA fosters financial education and inclusion, and supports scientific research and culture. It operates with the highest integrity, a long-term vision and applies the best practices.
About La Sexta Opcion
La Sexta Opcion is an investment vehicle promoted and coordinated by ILP Lawyers and the villacellino foundation, grouping together 40 experienced business leaders. Its investment in PrivacyCloud followed a thorough review of over 200 startups, under the umbrella of its 2019 “400k” funding program.