Didomi, a Paris, France-based startup that helps developers and companies to manage their users’ consent and preferences across their online and off-line channels, raised $40m USD in Series B funding.
The round was led by Elephant and Breega.
The company intends to use the funds for growth in its European home markets, expansion to the United States and investment in its technology platform globally.
Led by Romain Gauthier, CEO, and Jawad Stouli, CTO, Didomi builds technology that allows organizations to place customer consent at the core of their strategy. By making consent and preferences easily accessible, companies benefit from compliant customer data while seeing higher engagement and increased user trust. Consumers, on their side, are free to choose what data to share and how to stay connected to their favorite brands across touchpoints. Didomi products include a Consent Management Platform (CMP), which collects billions of consents every month, a Preference Management Platform (PMP), and a suite of bespoke solutions to build better consent and preference management.
The company serves companies like Giphy, Rakuten, UKG, Weight Watchers International and Wolters Kluwer.