Ecosteer

Ecosteer

Ecosteer | IoT & Blockchain for Data Streams Ownership.

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DateInvestorsAmountRound
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€500k

Seed
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR20202021202220232024
Revenues00000000000000000000
% growth-23 %(16 %)(75 %)365 %
EBITDA00000000000000000000
Profit00000000000000000000
% profit margin12 %(52 %)(135 %)(969 %)(134 %)
EV00000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x
R&D budget00000000000000000000

Source: Company filings or news article

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EcoSteer is a technology company specializing in data governance solutions, leveraging a patented Multicast end-to-end Encryption Scheme. The company's core product, the Data Visibility Control Overlay (DVCO), allows data owners to unilaterally grant and revoke data visibility for various uses, ensuring compliance with EU GDPR regulations. EcoSteer's solutions add a decentralized layer of data governance above centrally managed security and privacy systems. The company primarily serves clients in the utilities sector, smart cities, and IoT markets. Its business model revolves around providing software solutions that enable data ownership and control, thereby generating revenue through software licensing and project-based contributions. Key projects include the development of IoT gateway software solutions and the Smart Community Kit, which empowers citizens to create and share data streams.

Keywords: data governance, encryption, GDPR compliance, IoT, smart cities, utilities, data ownership, software solutions, decentralized layer, data visibility.

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