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§ Private Profile · Denver, CO, USA
Blockchain-enabled data management platform providing secure data ecosystems for healthcare, focused on AI, HIPAA, and GDPR compliance.
Based in Denver, Colorado, BurstIQ is a platform as a service company that provides blockchain data management solutions for the healthcare industry. The company's primary offering, LifeGraph, utilizes big data, machine intelligence, and advanced consent mechanisms to securely handle sensitive information, build knowledge graphs, and create longitudinal profiles. Operating with a scale of 35 employees, the cash flow positive business generates revenue through enterprise subscriptions and specialized data management services. BurstIQ partners with technology providers like Dock to integrate verifiable credentials for workforce verification, ensuring secure data ecosystems that strictly comply with HIPAA and GDPR regulatory standards. Its diverse client base spans health systems, digital health companies, pharmaceutical firms, insurers, and government agencies seeking self-governing data architecture to power enterprise artificial intelligence applications. BurstIQ was founded in 2015 by Frank Ricotta and Brian Jackson.
burstIQ has raised $10.8M across 3 funding rounds.
burstIQ has raised $10.8M in total across 3 funding rounds.
burstIQ has raised $10.8M across 3 funding rounds. Most recently, it raised $5.5M Series A in October 2019.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 1, 2019 | $5.5M Series A | Sloane Child | — | Announced |
| Feb 8, 2018 | $5M Venture Round | Brandon Romanek | — | Announced |
| Apr 1, 2015 | $250K Seed | — | FirstMile Ventures, Softbank Group | Announced |
BurstIQ is a next-generation technology company specializing in blockchain-enabled data management solutions, primarily through its flagship product LifeGraph®, a Web3 privacy-enhancing platform that transforms fragmented data into secure, AI-ready knowledge graphs.[1][3][4][5] It serves industries like healthcare, life sciences, identity management, and beyond, solving the critical problem of siloed, untrusted data by enabling compliant, permission-based sharing with HIPAA and GDPR support, while powering continuously learning ecosystems for personalized insights and AI applications.[1][2][3][4] The platform integrates with existing systems to streamline operations, reduce costs, and unlock value from sensitive data for better patient care, customer experiences, and business intelligence, demonstrating growth through AWS Marketplace availability and trusted partnerships.[2][5]
BurstIQ emerged by tackling the "Everest of data"—healthcare—where complex, sensitive information demanded a robust blockchain-based solution, laying the foundation for broader industry applications.[3] The company positioned itself early as a leader in secure data exchange for identity, healthcare, and life sciences, evolving from customized treatment plans and medical research platforms to a comprehensive LifeGraph® ecosystem that connects personal and external data sources into unified knowledge graphs.[1][3] Key pivotal moments include real-world adoption by agencies for streamlined patient care, as highlighted at conferences, and expansion via AWS Marketplace, marking its shift toward scalable, multi-industry data fabrics amid rising AI demands.[1][2]
BurstIQ rides the convergence of blockchain, AI, and data privacy trends, capitalizing on the agentic AI era where fragmented data hinders trustworthy models, especially in regulated fields like healthcare and life sciences.[3][4][5] Timing is ideal amid exploding data volumes, GDPR/HIPAA mandates, and AI adoption needs, with market forces like Web3 decentralization and knowledge graphs favoring secure platforms that prevent silos and enable IP protection.[1][4] It influences the ecosystem by providing a "single source of truth" for AI-ready data, empowering industries to scale personalized services and institutional knowledge, thus accelerating secure AI transformation across automotive, finance, media, and more.[2][3][5]
BurstIQ is poised to expand LifeGraph® as AI agents proliferate, focusing on agentic workforces and secure data fabrics to dominate privacy-first data management.[5] Trends like generative AI regulation and multi-agent systems will amplify demand for its compliant, learning ecosystems, potentially evolving its influence toward enterprise-wide AI governance and new verticals like IoT and public sector data.[2][4] As data becomes the core of competitive advantage, BurstIQ's blockchain foundation positions it to redefine trust in AI ecosystems, building directly on its healthcare origins to power the next wave of intelligent, personalized tech.
burstIQ has raised $10.8M in total across 3 funding rounds.
burstIQ's investors include Sloane Child, Brandon Romanek, FirstMile Ventures, Softbank Group.