360ofme – an ethical data exchange platform – recently announced that it raised seed funding from three Michigan-based investment firms while growing its team with two new executives, Kara Grasso as Head of Strategy and Revenue and Philippe Le Berre as Chief Technology Officer.
The new funding round will increase the speed of product development, hiring, and facilitating their product’s commercial launch. And the emphasis seen today on privacy and data management, as evident from both a regulatory and consumer mindset perspective, presents great timing for 360ofme’s launch to empower businesses in championing ethical data use.
On September 11, 2023, Delaware signed the new Delaware Personal Data Privacy Act into law – joining 11 other states with comprehensive consumer data privacy legislation. Known as the strongest privacy bill in the nation, the law contributes to the expanding and intricate landscape of data privacy regulation in the US. Combined with the burgeoning regulatory environment around data privacy, consumers’ level of trust in corporate handling of personal data is at an all-time low.
360ofme has been gaining traction to address these very issues, enabling businesses to empower their customers to utilize their own data, deliver deeper insights, and generate new revenue streams —all while driving brand loyalty and trust. And 360ofme enables secure data sharing, learning, and monetization by overseeing data collection, consent management, and compliance. As a privacy guardian, the platform delivers rich insights and drives growth while upholding world-class privacy standards.
Throughout her career, Grasso has excelled as an advanced mobility strategist focused on new business development and revenue growth in electrification and autonomy. And Grasso was awarded the Automotive News’ Rising Star of 2021 and joins 360ofme as their Head of Strategy and Revenue.
On the technical side of the business, Philippe Le Berre, three-time founder, entrepreneur, and technology leader, joins 360ofme as their Chief Technology Officer. And as a strategic technical leader with multiple patents to his name, Le Berre has extensive experience in product development, cybersecurity, privacy, and AI across all stages of the product lifecycle at startups and Fortune 500 companies.
KEY QUOTES:
“Empowering consumers to own their personal data is particularly important in our mobility decisions as cars have become an extension of our lives.”
— Kara Grasso, former Global Strategy Lead at DuPont
“As we witness the continued momentum for data privacy to become a basic human right, we are perfectly positioned to drive value for both enterprises and consumers via our ethical data exchange. These three investments in our company, and the trust exhibited by Kara and Philippe, are positive proof that we are in the right place, at the right time, driving the right value creation.”
— 360ofme’s founder and CEO Cindy Warner
“Cindy had the foresight to recognize early on that consumer privacy isn’t just a sideline issue—it’s central to the future of any enterprise handling customer data. Her commitment to empowering consumers to control their own data isn’t just ethical; it’s smart business, and it’s precisely why Invest Detroit Ventures has invested in 360ofme and their endeavors.”
— Patti Glaza, Managing Director of Invest Detroit Ventures
