What Dataswyft does

Dataswyft is a privately held UK-headquartered technology company, founded 2013 and commercially operational since 2015, that builds self-sovereign data wallet infrastructure. Its core platform is the HAT (Hub-of-All-Things) Microserver, an open-sourced data infrastructure layer that provisions personal database servers and enables individuals to own, control, and port their personal data; a US patent issued in January 2025 underpins the proprietary data account and wallet service built on top of this open-source base. The product portfolio centres on the Dataswyft Wallets — including CheckD, launched in 2024 as the first self-sovereign, self-custody data wallet — supported by the Smart Data Ecosystem programme (for organisations breaking down data silos across partners, customers, and suppliers) and the HATLAB Studio community of over 100 specialists across 10 countries providing design and delivery expertise.

The company serves three primary customer categories: national governments (via country-level network licensees deploying sovereign and citizen-owned data infrastructure), large enterprises (ecosystem architecture for phygital engagement, supply chains, ESG, and trade networks), and M/SMEs and startups seeking wallet-based data control. Go-to-market combines platform IP licensing to country-level licensees, managed global network operations from its Cyprus entity, enterprise ecosystem consulting, and a freemium-to-paid specialist membership model around HATLAB Studio.

Monetisation is structured across four streams: licensing/royalties from the Platform IP business housed in Dataswyft Ltd (UK, R&D centre in Arrington, Cambridgeshire), managed services from Dataswyft Global Ltd (Cyprus, network operations), professional services for enterprise ecosystem design, and subscription/membership revenue through HATLAB Studio. Capital base is modest — a £1.8M seed round in September 2019 led by IQ Capital — supplemented by access to over US$55M of cumulative academic research grants across 10 UK universities that underwrote the foundational R&D but are non-dilutive. Operational footprint spans a UK engineering/R&D entity, a Cyprus regional headquarters for network operations, and a Malaysian entity (Dataswyft Sdn Bhd, formerly Dataswift Sdn Bhd) governing website terms.

Name

Dataswyft

Legal name

Dataswyft Ltd

Website

https://dataswyft.com

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Short description

Dataswyft builds self-sovereign data wallet infrastructure based on the open-sourced HAT Microserver, enabling individuals and organisations to own, verify, and share personal data. It serves national governments, enterprises, and SMEs through platform IP licensing, ecosystem services, and the CheckD wallet.

Ownership category

akta.pro rank

Product category

Data Infrastructure Platform

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (51821), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming, Data Processing, Etc. (7370), Services-Prepackaged Software (7372)

akta.pro primary industry

Data Sharing, Data Exchange & Data Marketplace Platforms (HDAEABAH)

Keywords

• Data infrastructure platform
• Self-sovereign data wallet
• Personal data management
• Smart data ecosystems
• Data portability solutions

Headquarters

HQ city

Cambridge

HQ country

United Kingdom

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Platform IP Licensing: UK-based Platform IP business conducts R&D and licenses data infrastructure to country-level licensees. Licensees manage the network for each territory.
2. Network Operations: Cyprus-based Global Network Operations manages the global network and HATLAB studio, supporting the creation of smart data ecosystems and enabling on- and off-ramp of data into and out of Dataswyft Wallets.
3. Enterprise Ecosystem Services: Ecosystem architecture and consulting services for enterprises looking to create data ecosystems for engagement, growth, supply chains, trade networks, and ESG impact.
4. HATLAB Studio Memberships: Discovery membership (6-month free) for partners and clients to discover, learn and scope involvement. Paid specialist and community membership programs.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Dataswyft builds a wallet-based data infrastructure platform that enables self-sovereign, self-custody data ownership. Its core products include the Dataswyft Wallet (with CheckD as the first implementation), which allows individuals to control, store, and share verified personal data, and the Smart Data Ecosystem program that helps organizations break down data silos. The underlying open-source HAT Microserver technology is licensed to country-level network operators who deploy and manage the network in each territory.

Product overview

Dataswyft is a wallet-based data network platform that enables organizations to supply and verify data, issuers to package it into badges, holders to control it in their wallets, and merchants to validate data during interactions. The product portfolio centers on the Dataswyft Wallets (including CheckD as the first self-sovereign, self-custody data wallet), supported by the Smart Data Ecosystem program for breaking down organizational data silos, and the HATLAB Studio community providing ecosystem design expertise and technical support. The underlying technology is the open-source HAT Microserver, which was developed through over US$55 million in research funding across UK universities.

Differentiator

Problem solved

Functional benefit

Brands

• HATLAB Studio: Global studio with 100+ specialists working across 10 countries and 9 time zones to design and build smart data ecosystems. Provides clinics with experts, ecosystem design services, and technical support for organizations adopting self-sovereign data solutions.
• CheckD
• HATLAB

Products and services

• Dataswyft Wallets A phygital wallet that blends physical experiences with digital convenience, enabling secure ownership and usage of data globally. Powers the CheckD proof network for issuing, using, and receiving verified data proofs.
• CheckD The first self-sovereign, self-custody data wallet that enables individuals to control, store, and share their personal data with organisations, issuers, and merchants. Available via the CheckD mobile app on iOS and Android.
• Smart Data Ecosystem A program that helps organisations break down data silos to create strong communities, enabling coordination and collaboration with partners, customers, and suppliers through secure data sharing. Enables organisations to supply and verify data, issuers to package it into badges, holders to control it in their wallets, and merchants to validate and receive it during interactions.
• HATLAB Studio A community of over 100 specialists working across 10 countries to help design and build smart data ecosystems. Provides ecosystem design expertise, technical support, funding assistance, and clinics with experts for organisations adopting self-sovereign data solutions. Offers 6-month free Discovery membership and paid specialist and community membership programs.

Quantifiable outcome

• Fastest ecosystem setup in one week
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• HAT Community Foundation (HCF)coreStrategic or Co-development Partner · 1 February 2016The 'HAT Foundation' comprises Dataswyft and HCF. HCF was tasked with regulating the transaction ecosystem while Dataswyft handles global rollout of HAT Microservers. Together they oversee the open-source HAT code and ecosystem governance.
• University of WarwickcoreStrategic or Co-development Partner · 1 May 2013Original host of the £1.2 million UK-government-funded HAT project. Founder and CEO Professor Dr Irene Ng was the Principal Investigator. Academic partner leading in digital transformation, innovation, and impact research.
• Academic Consortium (6 universities)coreStrategic or Co-development Partner · 1 May 2013Academics from six universities and diverse disciplines (economics, computing, operations management, strategy, design informatics) came together in May 2013 for the £1.2m HAT project. Partners have continued to lead research with more than $50m in total research grants.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Inrupt: Inrupt commercialises Tim Berners-Lee's Solid platform for personal data pods and decentralised web apps, the closest direct competitor to Dataswyft's HAT-based personal data wallet and data-account model.
• MATTR: MATTR provides a verifiable-data and trusted-data platform using open standards, overlapping with Dataswyft's 'verified proofs of data' and ecosystem interoperability focus.
• Dock Labs: Dock Labs offers a verifiable-credentials and decentralized-identity network with a focus on portable digital identity, directly comparable to the credential and proof-of-data capabilities of Dataswyft Wallets.
• digi.me: digi.me provides a consumer-facing personal data platform that aggregates user data and enables consented sharing, overlapping directly with Dataswyft's CheckD wallet and data-exchange value proposition.
• Indicio: Indicio builds open-source decentralized identity infrastructure for governments and enterprises, with similar focus on sovereign and citizen-held credentials, making it a direct peer in the public-sector SSI market.
• Meeco: Meeco offers a personal data and identity platform with self-sovereign data vaults and verifiable credentials, addressing the same individual-data-ownership and ecosystem-sharing use cases as Dataswyft Wallets.
• Trinsic: Trinsic provides an issuer-acceptor network and APIs for verifiable credentials and decentralized identity, competing for the same SSI ecosystem play that Dataswyft's Smart Data Ecosystem and CheckD target.
• Spruce ID: Spruce ID develops developer tools for decentralized identity, data ownership, and verifiable credentials, addressing the same self-sovereign data wallet and ecosystem use cases as Dataswyft.

Broad incumbents

• Microsoft (Entra Verified ID): Microsoft's Entra Verified ID extends the broader Microsoft Entra identity stack with decentralized identifiers and verifiable credentials, offering overlapping wallet-style functionality as part of a much larger enterprise platform.
• IBM (Decentralized Identity): IBM's decentralized identity offerings, built on Hyperledger and enterprise identity infrastructure, compete for the same enterprise and government SSI wallet use cases as Dataswyft's enterprise and government segments.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/dataswyft
• Xx.com/dataswyft
• Facebookfacebook.com/dataswyft

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dataswyft