Based in Palo Alto, DrumWave is an innovative company participating in the intersection of big tech, big finance, and big government. The company’s primary goal is to accelerate the transformation to the new data economy by creating a path for wealth creation and distribution.

Economic prosperity in the digital age requires being data-rich—yet today, most of us are data-poor. DrumWave is working to make it easy for people to own and manage the value of their data by designing and helping to build the ecosystem relationships that will support the global data economy. At the same time, DrumWave is developing technology systems including APIs, data valuation algorithms, data apps, and tools.

DrumWave’s team believes we are experiencing one of the biggest transformations in human history—cultural, economic, political, and technological changes. Consumer awareness, regulation, and technology convergence are helping us to imagine a future with a fair and inclusive economic system based on data in place. To get there, the company is working to build and propose a new social license to operate (SLO)—a set of standard business practices and operating procedures by governments, organizations, and citizens that are enabling this transformation.

From the 1980s through 2020, we witnessed the shift from hardware to software. Today, we are in the midst of the next big transformation: The shift from software to data.

Just as personal computers, the internet, and smartphones put the power of technology in the hands of individuals, we can now put data in the hands of the people who create it, giving them the ability to own and derive value from all the data they create every day.

In addition, the collision of big tech, big finance, and big government is creating a new data economy with the potential to build a more prosperous and equitable society—where people and businesses own their data and are given the ability to profit from its use.

No longer paper, plastic, or crypto—data is the new proxy for value—and DrumWave is making it easy for everyone to participate in a trusted ecosystem. We support current world standards that allow data to be valued and facilitate transportability, divisibility, and resistance to counterfeiting.

DrumWave aims to launch the following products in Spring 2024:

• dWallet Platform

• Data Savings Plan

• Personal dWallets

• Business dWallets

• Commercial Offers

DrumWave has recently closed a $20 million round.

DrumWave was founded in 2015 and operated as a consulting company working on complex, massive-scale data problems. This experience allowed it to validate its thesis and build a powerful IP moat. As the market evolved, and following the last funding round, DrumWave was re-founded in 2023. A new executive team was hired to add forces with the original founders, with the goal of delivering on its vision. The company has more than 35 approved and granted patents in the US and abroad, with various other patents pending.

US: 3223 Hanover Street, Suite 110, Palo Alto, CA 94304

Brazil: Av. Brigadeiro Faria Lima 1811/918 São Paulo, SP 01452-001