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VC

DuckDuckGo Expands Investment Portfolio in Privacy Tech Startups

Nicole Kristine Jovero
Last updated: October 28, 2024 10:13 pm
Nicole Kristine Jovero
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  • DuckDuckGo seeks privacy-focused startups for investment
  • The profitable company already backed six ventures
  • They target early-stage companies through flexible deal structures

Contents
Show Me the Privacy MoneyPast Investments Paint the FutureOpen Door Investment Policy

Show Me the Privacy Money

DuckDuckGo, the profitable privacy-focused search company, announced plans to increase early-stage investments in privacy-centered startups.

The company, generating over $100 million in annual revenue since 2021, wants to connect directly through SVP Mike Marino and director Diana Chiu.

Past Investments Paint the Future

The company already invested in six startups over three years, including You.com, Removaly, and EverArt.

These strategic moves showcase DuckDuckGo’s interest in privacy tech, search capabilities, and emerging technologies like generative AI.

Open Door Investment Policy

Moving beyond traditional nonprofit donations, DuckDuckGo now focuses on direct investments from its balance sheet.

The company welcomes co-investment opportunities and remains open to various deal structures, emphasizing quick decision-making for early-stage ventures.

TAGGED:div5

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