The funding will be used to advance its pioneering consent and permissions management platform, Pulse®

1st June 2023, London - Smarter Contracts, an innovator in marketing and privacy tech, announces the closure of $1.095 million of funding, secured through two private investors and the recent prize win of the Amazon AWS Fintech Accelerator (https://smartercontracts.co.uk/articles/smarter-contracts-wins-aws-fintech-accelerator), powered by Vestbee. The investment marks a significant milestone for the company as it provides crucial capital to propel the development of their ground-breaking consent and permissions management platform, Pulse® (https://smartercontracts.co.uk/pulse).

The confidence shown by these investors is reflective of the recent successful go-live of Pulse® within an environment of 26,000 users. The funding will serve as a catalyst for the ongoing advancement of Pulse® and new product features that will deepen the demand of its rich analytics and insights engine, in addition to the enhanced standards of compliance and unique customer experiences it can offer.

It will also allow Smarter Contracts to expand the team, accelerate research and development initiatives and establish additional strategic partnerships with prominent industry leaders. The investment arrives at a time when the demand for Pulse® is beginning to surge amongst global corporations and SMEs who recognise the risks and inefficiencies that come from operating via their existing approaches to consent and data permissions management. Interest in Pulse® is also coming from organisations across multiple industry verticals covering the UK, EU, US and APAC regions.

Wayne Lloyd, Founder and CEO of Smarter Contracts comments, “In 2019, we identified a gap in the market for a solution like Pulse®, and we anticipated that demand for such a solution would be accelerated by prevailing market forces that many had failed to recognise or piece together. In the face of early scepticism the team persevered through some of the most challenging circumstances to bring our vision to life.

“I'm proud to say that the future we saw so clearly back then, is evolving as we predicted, and investors and businesses now recognise the importance and value of using a tool like Pulse®. I’m immensely proud of my team, who have never wavered from the vision and mission of the company. As such, I’m thrilled not just for what this news means for Smarter Contracts, but also for them. To close such a significant amount of funding is something they all deserve.”

NOTES TO EDITORS

Media enquires

Emma Critchley-Lloyd, Marketing Director, Smarter Contracts

elloyd@smartercontracts.co.uk

About Smarter Contracts

Smarter Contracts is a pioneering technology company specialising in consent and permissions management protocols. Their flagship product, Pulse®, is a cutting-edge solution designed to revolutionise the way consent and permissions are managed. By leveraging the power of blockchain technology, Smarter Contracts aims to streamline consent processes, enhance data privacy, and foster secure interactions in various industries.

https://www.smartercontracts.co.uk

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