# Bitfount

**Source:** https://www.startuphub.ai/startups/bitfount
**Profile type:** Startup

> Decentralized data marketplace for secure and privacy-preserving data sharing and monetization.

## About

Bitfount provides a Federated AI and Data Science Platform that connects trial sponsors, CROs, clinics, hospitals, and AI developers. It enables the deployment and development of AI and analytics algorithms without data uploads or sharing, allowing analysis of data behind firewalls for faster, more efficient clinical trials and research. The platform serves audiences in pharma, CROs, clinics, hospitals, model developers, and researchers.

## Key facts

- **Slug:** bitfount
- **Website:** https://www.bitfount.com/
- **Location:** London, United Kingdom
- **Founded:** 2021-01-01
- **Employees:** 26
- **Operating status:** Active
- **Total funding:** $24M
- **Sectors / tags:** Data Marketplace, Decentralized Data, Privacy-Preserving Technology, Data Monetization, Web3, API Platform, Enterprise Software
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/bitfount
  - Twitter: https://x.com/bitfount
  - GitHub: https://github.com/bitfount

## Frequently asked

### What does Bitfount do?

Bitfount provides a Federated AI and Data Science Platform that connects trial sponsors, CROs, clinics, hospitals, and AI developers. It enables the deployment and development of AI and analytics algorithms without data uploads or sharing, allowing analysis of data behind firewalls for faster, more efficient clinical trials and research. The platform serves audiences in pharma, CROs, clinics, hospitals, model developers, and researchers.

### What is Bitfount's valuation?

StartupHub estimates Bitfount's effective valuation at $92.5M (range $59.0M to $141.6M, 18% confidence), based on comparable companies in the sector.

### How much funding has Bitfount raised?

Bitfount has raised a total of $24M in funding. The most recent round on record is Seed.

### Where is Bitfount headquartered?

Bitfount is headquartered in London, United Kingdom.

### When was Bitfount founded?

Bitfount was founded in 2021.

### What industry does Bitfount operate in?

Bitfount operates in Data Marketplace, Decentralized Data, Privacy-Preserving Technology, Data Monetization, Web3, API Platform.

### How many employees does Bitfount have?

Bitfount has approximately 26 people on record.

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