Perfecting Privacy: Private Ai Secures $8M Usd In Funding To Expand Their "Privacy Layer For Software"
Amount Raised
$8 Million
Round Type
Funding Round
TorontoSoftwareArtificial IntelligenceCyber SecurityMachine LearningInvestors
Description
Over 53 million people were affected by data compromises in the first half of 2022 in the US alone. Personal data isn't safe, even inside an encrypted vault.
Quick answer
Private AI raised $8 Million in a Funding Round round, dated November 17, 2022. Investors: Shasta Ventures, Differential Ventures, Forum Ventures, Venture Fund, Panda Angel Partners and BDC Capital. Private AI is based in Toronto, Ontario, Canada.
- How much did Private AI raise?
- Private AI raised $8 Million in a Funding Round round on November 17, 2022.
- Who invested in Private AI?
- Shasta Ventures, Differential Ventures, Forum Ventures, Venture Fund, Panda Angel Partners and BDC Capital are named as investors in this round.
- What does Private AI do?
- Founded by privacy and machine learning experts from the University of Toronto, Private AI’s mission is to create a privacy layer for software and improve compliance with current regulations like GDPR.
- Where is Private AI based and how big is it?
- Private AI is based in Toronto, Ontario, Canada.
Source: Fundz verified event record.
Who else raised in Cyber Security and Software around the same time
Companies in the same sectors as Private AI that raised within 45 days of this round, from Fundz verified event records.
- DataVisor raised $40M on December 14, 2022.
- DataVisor raised $36M on December 6, 2022.
- Versa Networks raised $120M (Funding Round) on October 27, 2022.
- Bolster raised $15M (Funding Round) on October 18, 2022.
- Versa Networks raised $75M on October 14, 2022.
- Silveredge Government Solutions raised $12M on October 7, 2022.
Who to call at Private AI, and when
A new round usually means Private AI is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Private AI raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Private AI, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Private AI. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Private AI raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Private AI raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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