Soyio Raises $1 Million in Funding
Soyio, a Santiago, Chile-based privacy technology company, has raised $1 million in funding round.
The round was led by the financial group Consorcio, with participation from Platanus Ventures, Devlabs, and 99startups.
Consorcio is a prominent Chilean financial holding company headquartered in Santiago. It operates across various sectors, including insurance, pensions, savings, and banking, managing assets exceeding US$13 billion.
The company will use the funds to develop technology for digital identity validation, personal data protection, and customer consent management in compliance with Chile’s new data protection law.
Founded by Óscar Quevedo, Matías Menich, and Edison Escobary, Soyio focused on digital identity validation and protecting personal data. It builds tools that help users control their data and assist companies in complying with privacy regulations. Soyio’s modular solutions—including biometric identity verification, passwordless authentication, consent tracking, and digital signatures—integrate easily into existing apps. Headquartered in Santiago, Chile, the company also has a presence in Charlotte, North Carolina, USA.
Funding Details
Company: Soyio
Raised: $1.0M
Round: Seed
Funding Date: April 2025
Lead Investor: Consorcio
Additional Investors: Platanus Ventures, Devlabs, 99startups
Company Website: https://soyio.id/
Software Category: Privacy Technology / Digital Identity Management