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Swedish Startup Dold Adress Secures Significant Funding for Digital Anonymity
In an era where privacy is increasingly elusive, Stockholm-based Dold Adress has successfully raised €1.8 million to bolster its mission of providing users with digital anonymity. This funding round, termed an ‘unusually large angel round,’ sees backing exclusively from private angels, including former Swedish Armed Forces security head, John Daniels, and billionaire entrepreneur, Magnus Emilson.
Expand Your Digital Safety in a Harsh Online Environment
Founded in 2023, Dold Adress is addressing a vital need as over 500,000 Swedish citizens endure harassment each year, with millions more falling victim to identity theft attempts. Their platform not only assists users in removing personal information from directories like Mrkoll.se and Ratsit.se but also tracks and deletes sensitive data from the dark web, adding an essential layer of protection for individuals and employees alike.
Beyond Traditional Venture Capital
What sets Dold Adress apart is its strategy to rely on angel funding instead of traditional venture capital. Founder Filip Landgren emphasizes that securing this funding without VC involvement shows confidence in their business vision. The future remains open for potential venture firm inclusion, but for now, they are well-positioned for growth.
The Growing Need for Digital Privacy Solutions
As digital footprints expand, Dold Adress’s services become increasingly relevant. With over 1 million links having been successfully removed from search engines and 100,000 personal data exposures detected, their impact is already pronounced. As such, financial institutions and service providers looking for partnerships with innovative startups may find an attractive ally in Dold Adress as they move toward a safety-conscious digital future.
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