What is Cape Privacy?
Founded in 2018 and based in New York, Cape Privacy offers a sophisticated enterprise SaaS platform designed for encrypted learning. Its core technology integrates advanced machine learning with robust cryptography, ensuring that sensitive data remains protected by default. This enables organizations to collaborate with external parties to refine data models and unlock greater business value without exposing their proprietary information. The company's approach addresses a critical need for privacy-preserving data collaboration in an increasingly data-driven economy.
How much funding has Cape Privacy raised?
Cape Privacy has raised a total of $25M across 2 funding rounds:
Angel/Seed
$5M
Series A
$20M
Angel/Seed (2020): $5M with participation from Version One, Faktory Ventures, BOLDstart Ventures, Haystack, and Radical
Series A (2021): $20M led by Tom Noonan, Evolution Equity Partners, Tiger Global Management, and Ridgeline Partners
Key Investors in Cape Privacy
Evolution Equity Partners
Evolution Equity Partners is an international venture capital firm that specializes in cybersecurity investments, partnering with visionary entrepreneurs to build market-leading companies.
Tiger Global Management
Tiger Global Management is an investment firm deploying capital in both public and private markets. The company was founded in 2001 and is headquartered in New York City, New York.
Ridgeline Partners
Ridgeline Partners, formerly Kaizen International, provides leadership and management consulting services to companies that span the greater North American region and beyond.
What's next for Cape Privacy?
The recent major strategic investment signals a pivotal growth phase for Cape Privacy, likely enabling the company to accelerate product development, expand its market reach, and enhance its technological capabilities. This infusion of capital is expected to bolster its position in the competitive landscape of data privacy and secure collaboration solutions. Future initiatives may focus on broadening industry adoption, forging new strategic partnerships, and further innovating its encrypted learning framework to meet evolving enterprise demands for secure, privacy-compliant data utilization.
See full Cape Privacy company page
