DrumWave

About DrumWave

DrumWave Inc. is a technology firm founded in 2015 by André Vellozo, Santiago Ortiz, and Alberto Blumenschein-Cruz, with its headquarters now at the historic former offices of General Magic in Mountain View, California. The company is positioned at the intersection of financial technology and big data, operating with the mission to create a new data economy where individuals and businesses can own, manage, and monetize their data. After a period of research and development, DrumWave has been gaining momentum, marked by the expansion of its executive team with veterans from PayPal, Google, and Facebook, and a partnership with IBM to bolster its platform's capabilities.

The core of DrumWave's offering is the dWallet® platform, a digital data wallet that allows users to store personal and corporate data as certified assets. This ecosystem enables individuals to have autonomy over their information, deciding if and how to share it with companies in exchange for rewards, discounts, or financial compensation. For businesses, the platform offers a way to connect with consumers through data-enriched products, creating new revenue streams and gaining deeper insights by accessing authenticated, combined data from multiple sources. The company's business model hinges on facilitating this data marketplace, where value is exchanged between data owners (both consumers and companies) and data seekers across various industries like retail, finance, and healthcare.

The founders' backgrounds are central to the company's direction. CEO André Vellozo has articulated a vision of correcting the information imbalance between tech companies and consumers. The leadership team includes President and CRO Fernando Teles, a veteran of Visa and Itaú Unibanco, bringing extensive financial industry experience. CTO Laura Bermudez and CPO Germán Scipioni both have significant experience from PayPal, leading initiatives in digital payments, data management, and product innovation, which directly informs the development of DrumWave's secure and scalable data monetization infrastructure. This collective expertise is aimed at solving critical challenges in the data economy, such as data sovereignty, valuation, and integrity, transforming data from a cost center into a tangible asset for all parties involved.