I can absolutely speak to the pain of having a dozen pg_dump --exclude-table-data arguments and having a developer experience that makes it difficult to reproduce bugs due to drift between production data and test fixtures (even if they share the same schema, assumptions can change massively!).
Secure and robust database cloning also enables preview apps that actually answer the stakeholder question "can I see/play with what the new code would do, if applied to the actual [document/record/product listing] that motivated the feature/bugfix?" Subsetting and PII masking are both critical for this, and it's amazing to see that you've thought about them as integral parts of the same product.
I really want to see a product like this succeed! The easier the tool is to use, the harder it might be to monetize... but there are so many applications of a tool like this, including ones that can materially improve security at organizations large and small (https://nabeelqu.substack.com/i/150188028/secrets just posted here earlier today remarks on this!) that I'm sure you'll find the right niche!