Dataships, an Irish data privacy software and services company which specialises in automating GDPR and CCPA (California Consumer Privacy Act) compliance for eCommerce clients, has closed a $7 million (€6.8 million) Series A funding round.

The funding will accelerate the company’s mission to help merchants grow their marketing lists, and drive revenue growth, while maintaining complete data privacy compliance. The funding is led by Osage Ventures Partners, with participation from Lavrock Ventures and the Urban Innovation Fund.

"We’re building Dataships to be the essential growth platform for modern eCommerce brands," said co-founder and co-CEO of Dataships, Michael Storan. "One that transforms compliance from a burden into a competitive advantage, helping merchants build larger, more engaged marketing lists that drive sustainable revenue growth.”

Dataships, founded in 2019 by Michael Storan and Ryan McErlane, is co-located at NexusUCD in Dublin and in San Francisco, California, and currently employs 25 people. Originally founded as a compliance tech company, the team quickly realised that smarter compliance management is a massively untapped lever for growth.

"Since focusing on the eCommerce market, we’ve discovered something extraordinary, when done right, compliance isn’t just about protection, it’s about growth," said co-founder and co-CEO of Dataships, Ryan McErlane. 

"By dynamically optimizing consent language at the checkout, based on visitor location and marketing channel, we’re helping merchants achieve remarkable results in terms of increased opt-in rates, marketing contacts, and additional revenue generated through repeat purchases.”

Source: www.businessworld.ie