Roseman Labs Blog

Series A: 15 questions for the Founders

Written by Roseman Labs | Sep 2, 2025 5:00:00 AM

We spoke with the Founders to hear about their experiences not just in Roseman Labs' recent Series A, but as entrepreneurs experiencing the start up journey. Here's what they said:

Question 1
Tell us about the Series A funding. How are you feeling about how the round has shaped up? 

We’re thrilled. Not just because we secured the capital, but because of the caliber and shared beliefs of investors who’ve joined us. We were very deliberate about who we brought on board. They aren’t just financiers, they’re partners who deeply understand privacy technology, regulated industries, and the long-term impact of secure data ecosystems. That alignment is critical to us, especially in a sector where trust and integrity are non-negotiable.  

G+D Ventures leads the round – they're a German fund dedicated to early-stage European TrustTech startups. Matterwave Ventures, our partner since our first round, backs companies that build a more sustainable, sovereign, and digitalized European industry. Mozilla Ventures is a mission-driven investor that backs “responsible tech” for the internet - especially privacy, inclusion and human dignity. 

 
Question 2
As a company committed to privacy, tell us why the investors are such a strong fit and how they support the company vision. What personal principles or philosophies guide your decision-making as founders?
 

Our investors are understand that privacy-tech isn’t just an add-on, but infrastructure for the data economy of the future. They’re with us not just for growth, but for responsible growth. And they want to work hard with us, opening doors for us in industries where they are trusted - particularly banking, national security and healthcare. 

Our guiding principle is just because we can, doesn’t mean we should. We constantly ask whether a product decision strengthens or weakens the privacy guarantees for end-users. It’s about building systems where privacy is the foundation and where ethics are baked into every layer of the product. 

 

Question 3
What specific gaps in the tech space convinced you there is a growing need for your solution, and has that idea evolved since securing your seed round? 

We saw that sensitive data is trapped between privacy concerns, regulatory risk, lack of trust and competitive sensitivity. Everyone talks about ‘data sharing,’ but the reality is, organizations don’t share critical data because they simply can’t afford to compromise privacy or compliance. Since our seed round, that need has only become sharper. The explosion of AI has made companies even more aware that their data is valuable, but only if they can use it safely across borders and digital boundaries. That’s precisely the gap we address with our platform. 

 

Question 4
What are the main focuses for the Series A funding?

The funding will primarily be used to fuel geographic expansion. The Netherlands and broader EU have been a stronghold, but we’re seeing demand from sectors in North America and the UK—especially in National Security and Banking. 

We’ll also continue to invest in groundbreaking R&D and double down on our encrypted computing engine, making it even more accessible and scalable for data scientists and engineers. This commitment will further help customers and partners to use our tech in a plug-and-play capacity, for open digital eco-systems. 

 

Question 5
Are there privacy regulations or emerging compliance trends globally that you think will unlock new opportunities most founders aren’t seeing yet? (for Roseman Labs or your customers?) 

Absolutely. Everyone knows about GDPR, but few are prepared for the enforcement teeth that are coming in both Europe and the US. More interestingly, NIS2, the Data Governance Act and AMLR75 in the EU are setting frameworks for information sharing at scale. 

Our technology changes the frame of mind towards regulation. For us they’re no longer compliance hurdles, but market opportunities, and we try to translate that into the platform for our customers. Organizations that can prove they manage data responsibly across jurisdictions will gain competitive advantage. That’s where our platform shines. 

 
Question 6
How are you differentiating your privacy-tech solution from competitors?
 

Many privacy solutions focus on anonymization or synthetic data, but these approaches often degrade data utility. We differentiate by enabling encrypted computations at scale on real, sensitive data while maintaining its full usability. It’s privacy by design, not by deletion or by disguise. 

Additionally, we’re productizing encrypted computing in a way that’s developer-friendly and enables fast results, which is no small feat in a field dominated by academic prototypes.

 

Question 7
What are some of the biggest pain points your current customers are facing, and how do you address them?
  

Customers are stuck between needing to cooperate with partners or regulators, and being rightfully worried about data exposure or breaches. Existing workarounds like data aggregation are blunt instruments that lose granularity. 

We provide a way for them to compute joint insights on combined datasets without actually sharing the raw data, opening doors for collaborations people previously thought were impossible. 

 

Question 8
Can you share a recent technical or ethical dilemma your team faced when building your platform — and how you resolved it? 

We deliberately choose the strictest way of approving which analyses can be performed on the data in the dataspace. However, this can create a hurdle for customers: every analysis needs explicit approval by the partners in the dataspace. This gives partners very strong control of what happens with the data they share, but also makes coordination among the partners a necessity.  

We firmly believe that approaching data governance in this very strict way is what builds trust and accelerates collaboration. This choice for privacy-by-default is also why we were chosen as one of the winners of the National Privacy Award. 

 

Question 9
What’s a misconception customers or even investors have about privacy-tech that you often find yourself correcting?
 

That privacy is a tax on performance or insight. Many still think privacy-tech is something you add after solving the real problem, and that it necessarily slows things down. 

We’re proving that you can have both privacy and performance, privacy and actionable insights. In fact, privacy is the growth enabler because it unlocks data that was previously too risky to pursue. 

 
Question 10
Have you identified any unexpected industries or verticals where your solution is gaining traction? What does that signal to you?
 

Yes - in the Public Sector and National Security. We started in Healthcare, but we learned that cities and vital sectors need privacy-preserving analytics to collaborate while protecting citizens' data. 

That signals a broader societal trend: the realization that generating trusted collective intelligence isn’t just about business outcomes but better public services, institutional trust and safer governance. 

 
Question 11
In what ways did investor feedback during the fundraising process reshape your strategic roadmap?
 

They pushed us to think beyond the technology. Initially, we were very tech-driven in our pitch - showcasing the cryptographic expertise. But investors challenged us: how does this integrate into existing data stacks? 

That led us to accelerate partnerships with solution providers and large integrators, making it easier for enterprises to adopt our solution without feeling like they needed to replace their infrastructure. 

 

Question 12
What’s a recent insight from a customer/investor conversation that fundamentally shifted your view of your product or market?
 

One healthcare client told us: “You’re not just a privacy tool, you’re an enabler of ecosystem thinking.” That made us realize we’re not just selling privacy; we’re enabling entirely new forms of collaboration where data becomes a shared asset, not a liability. 

 

Question 13
What’s a challenge you didn’t anticipate before raising Series A, and how are you addressing it?
 

One challenge we didn’t fully anticipate was how quickly the shift in operational maturity comes with raising a Series A. Before, the focus was all on proving product-market fit and the technology itself. But when you start raising capital, there’s an expectation - not just from investors, but internally - to professionalize everything fast: governance, reporting, security audits, sales processes. 

It’s not just about scaling the product, it’s about scaling the company. And that’s a different skill set. We had to very quickly move from founder-operator mode to building leadership structures, making sure we don’t just have great talent, but also clear accountability and repeatable processes. 

We’ve addressed this by hiring experienced leaders in key roles and surrounding ourselves with operational advisors who’ve scaled SaaS businesses before. But in all honesty, it’s a mindset shift. The discipline of scaling a business isn’t something you can approach ad hoc. You need structure, and that’s been both humbling and energizing. 

 
Question 14
What’s a story or inflection point in the company’s journey that you think would surprise people the most?
 

We actually started with a strong academic foundation, building up a world-class research lab from day one, but early pilots made us painfully aware that academic-grade security is useless if it’s not usable. That was a humbling turning point - we pivoted much harder toward product usability. 

That balance of rigorous science with real-world application, cryptographic expertise and business acumen, is now our north star. 

 

Question 15
How do you see the company developing over the next 5 years? 

In the next 5 years, we see Roseman Labs becoming the privacy engine for encrypted computing embedded across sectors - whether for fraud prevention, cross-border regulatory reporting, or addressing international crime. 

Ultimately, we want to redefine how organizations think about data: not as something to hoard, but something to deploy responsibly. Our mission is to make that a reality, globally. 

 

 

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About Roseman Labs

Roseman Labs is revolutionizing the possibilities of encrypted computing. We create a product that allows you to use sensitive data in a secure way, whilst safeguarding individual and commercial privacy.

Having known each other for years, our founders' paths crossed at university and in working life. Their combined expertise in data collaboration platforms and cryptography, naturally evolved into a collaboration itself. This led to the founding of Roseman Labs in March 2020 by Toon Segers, Roderick Rodenburg and Niek Bouman.

Generate new insights on sensitive data with Roseman Labs’ encrypted computing technology. Curious how you can do that? Contact us using the form below.