SignSplit raises $400 million to develop signed data platform
Read more
Ventureburn
ventureburn.com

SignSplit raises $400 million to develop signed data platform

SignSplit has secured strategic seed funding of $400 million from W Group. This funding values the company at $1 billion and includes a multi-year package of strategic resources. The funds will be directed towards supporting the company's global deployment.

SignSplit is focused on creating infrastructure for protecting, licensing, and utilizing human data. Furthermore, the platform covers creative works, knowledge, and similarity. The company emerged from stealth mode after its launch in 2024. The founders are Glib Denisov, and the CEO is Alessandro Monterosso.

SignSplit is registered as a Delaware Public Corporation. The received funding provides the young company with significant resources for product development and supports its entry into the growing artificial intelligence data economy. The company's goal is to create a new framework for accounting for human contribution.

The company is developing a concept it calls 'signed data.' This model gives individuals and institutions greater control over their digital contributions. Participants can provide data under clear consent, provenance, and specific terms. AI companies and researchers can access data pools tailored to specific needs.

These resources can be utilized by robotics developers and other organizations. Participants can receive compensation for their involvement. The company forecasts increasing demand for real human data as AI development expands across healthcare, science, robotics, and media.

These application areas require not just large volumes of training information; SignSplit believes that data quality and rights will become increasingly important. The platform aims to link valuable information with explicit permission while providing participants with more opportunities in the AI economy.

The model can help organizations find specialized data more responsibly and give participants greater transparency regarding how their contributions are used. These capabilities may become more valuable as AI adoption accelerates. Currently, SignSplit plans to develop its platform in parallel with expanding its adoption.

Additionally, SignSplit offers a verification layer for data, works, and similarity. The system is designed to assist digital platforms in identifying signed content, as well as displaying associated provenance, consent, and terms of use. Such infrastructure can support AI systems and social media platforms.

The company views verification as a crucial part of the emerging data economy. Glib Denisov noted: 'When we founded SignSplit in 2024, we built with an eye toward where we believe AI is heading.' He added that future AI will require high-quality real data, and clear provenance, permission, and rights will be essential. The platform can foster new relationships between private individuals and technology companies, as well as establish clearer terms of use for human-generated information.

W Group led the strategic financing. This global fintech and technology ecosystem serves over 40 million users. It operates through 11 entities with over 1500 employees in 15 locations, serving clients in 150 countries. W Group's strategic resources will support SignSplit beyond the financial investment, and the partnership may also help the company expand its international presence.

Alessandro Monterosso stated that SignSplit connects human contribution with technology, believing that signed data can support protection, participation, and compensation. The company intends to build infrastructure for these growing relationships. Vladimir Nosov, founder and president of W Group, supported the broader potential of the platform. He emphasized that SignSplit could become vital infrastructure for the data economy and noted its potential in human-data-dependent industries. The $400 million commitment gives SignSplit substantial resources for early expansion.

Similar stories

Seeds Fincap raises over 100 crore rupees in Series B round led by Michael & Susan Dell Foundation
Read more
yourstory.com

Seeds Fincap raises over 100 crore rupees in Series B round led by Michael & Susan Dell Foundation

Seeds Fincap Pvt Ltd, a Non-Banking Financial Company (NBFC) that supports small businesses in India, has successfully raised over 100 crore rupees in its Series B funding round. The Michael & Susan Dell Foundation led this round.

Existing investors Z47 and Lok Capital also joined the round, alongside Norinchukin Capital and Alteria Capital. Unitus Capital served as the main financial advisor for the deal.

The raised funds are planned to be used for expanding the network of physical branches, hiring field staff, and modernizing risk tracking tools, aligning with the company's plans for further penetration into rural and semi-urban areas.

This capital inflow comes at a crucial time for Seeds, as the team aims to reach an Assets Under Management (AUM) of 1,000 crore rupees by March 2027.

The company was founded in 2021 by Subhash Chandra Acharya, Avishhek Sarkar, and Sumit Dhall and focuses on serving nano-enterprises—small businesses that often face limited access to formal bank credit. Instead of requiring traditional collateral, the company assesses the cash flows and operational activities of the enterprises when reviewing applications.

Seeds provides loans to small businesses and traders ranging from 50,000 to 10 lakh rupees. Subhash Chandra Acharya, CEO and Managing Director of Seeds Fincap, expressed delight at the participation of the Michael & Susan Dell Foundation as the lead investor in the Series B round, noting that their support is a strong endorsement of the company's social impact goals.

He added that the continued support from existing investors reflects their confidence in the business model and the strength of the company's portfolio, and the attracted capital will allow them to deepen their presence, strengthen technological capabilities, and reach more underserved entrepreneurs.

The firm reported profitability for both fiscal year 25 and fiscal year 26. During fiscal year 26, approximately 620 crore rupees were disbursed as loans, and as of August 2026, the assets under management stood at 722 crore rupees. The company's network expanded to 164 branches across India, serving over 70,000 active borrowers.

Rakesh Goyal, Head of Financial Services in India at the Michael & Susan Dell Foundation, noted that small business owners often struggle to obtain formal credit. He emphasized that Seeds combines local market knowledge with risk assessment practices to serve this segment.

Anish Patil, a partner at Z47, which supported the company in its early stages, stated that the investment was based on the founders' experience in small business lending. He also noted that over the past three years, the company has increased its loan portfolio volume while maintaining its approach to risk and credit management.

Popular