Statice is a technology company specializing in data privacy and synthetic data solutions. Their platform enables businesses to generate privacy-preserving synthetic datasets that maintain the statistical properties and patterns of real-world data without compromising individual privacy. This approach allows organizations to utilize data for analytics, machine learning, and development purposes while adhering to strict privacy regulations and minimizing the risk of data breaches. Statice caters to industries such as healthcare, finance, and insurance, where data sensitivity is paramount.