Replica Analytics Raises Over $1M in Pre-Seed Funding

Replica Analytics

Replica Analytics, an Ottawa, ON, Canada-based provider of privacy protective synthetic data, raised over $1m in new pre-seed funding.

The funding came from three sources: 

  • FACIT, a commercialization venture firm supporting oncology innovations; 
  • MITACS, a national, not-for-profit organization supporting innovation within Canadian industry in collaboration with universities; and
  • an international angel investor group.

The company intends to use the funds to accelerate research to develop its novel data synthesis and data simulation technologies.

Led by Khaled El Emam, Co-founder and Director, Replica Analytics is a global software company that has invented a technology to generate privacy-protected synthetic data, while maintaining the statistical properties of real data, and without breaching regulatory privacy requirements. Its latest product, Replica Synthesis, provides synthetic real-world data and synthetic clinical trial data to data scientists and researchers.

FinSMEs

10/09/2020

Join the discussion