Privacy Lock

Founded in 2019 and headquartered in Denver, CO, Privacy Lock is a software company developing compliance solutions to help businesses automate data privacy regulations. The company primarily serves banks, fintechs, and other financial institutions, offering a proprietary technology platform designed to manage and automate compliance with various state, federal, and international data privacy laws like CCPA and GDPR.

The platform's key services include data inventory management, data mapping, consent management, automated Data Subject Access Request (DSAR) processing, auditing, and reporting. A unique feature of its technology is its ability to map a client's data systems without collecting or storing any of the institution's actual customer data, thereby enhancing security and consumer trust. The software integrates with existing tools to streamline compliance workflows. For instance, it offers a specialized toolkit to help businesses comply with regulations such as Washington's 'My Health My Data' Act.

Privacy Lock was founded by CEO David Ritter. The company has secured investments from firms including the Bankers Helping Bankers Fund, Motivate Venture Capital, and gener8tor. This funding is aimed at expanding the company's privacy solutions within the financial sector, addressing the complexities of new regulations like Section 1033 of the Consumer Financial Protection Act.

Keywords: data privacy compliance, financial compliance software, automated DSAR, consent management, regulatory technology, fintech compliance, data mapping, CCPA compliance, GDPR compliance, information governance, banking compliance, consumer data protection, privacy by design, data security, vendor management, compliance automation, financial data privacy