Enterprise Software Company Investment Opportunity in İstanbul, Turkey

- AI-based regtech solutions firm that has developed a GDPR assessment and compliance solution.
- General Data Protection Rule (GDPR) is a regulation based on EU law for consumers' data protection and privacy. It is applicable to companies that are EU-based as well as any organization that stores, processes, and/or transmits the personal data of EU citizens, regardless of their geographical location. Non-compliance with the regulation can lead to very hefty fines.
- We have developed an AI-based solution that can identify personal data and sensitive information in both structured and unstructured datasets, and mask/obfuscate/encrypt the sensitive information in accordance with the GDPR regulations. Our solution has an F1 score of more than 95%.
- Our solution is currently aimed at documents in the Turkish language, but we can easily train the system with new languages such as Slovenian, Russian, Finnish, and much more.
- Revenue model: We have just finished the first product in Turkish and the installation has been started in the Ankara Chamber of Commerce. We plan to charge a monthly fixed subscription fee of TRY 50 for each SMB.
- Founders have more than 30 years of experience in the Telecom and IT industry. Developers have experience ranging from 5-10 years.