What is Cavelo?
Cavelo operates as a comprehensive cybersecurity platform designed to empower organizations and service providers in managing their digital attack surfaces. The platform automates critical processes such as data discovery, asset visibility, vulnerability scanning, and compliance reporting. By providing a unified view of an organization's digital footprint, Cavelo enables proactive threat mitigation and ensures adherence to regulatory standards, positioning itself as a key player in the evolving cybersecurity landscape.
How much funding has Cavelo raised?
Cavelo has raised a total of $9.6M across 3 funding rounds:
Angel/Pre-Seed
$1M
Angel/Seed
$3.6M
Seed
$5M
Angel/Pre-Seed (2021): $1M with participation from MaRS Investment Accerlerator
Angel/Seed (2023): $3.6M led by Inovia and Graphite Ventures
Seed (2025): $5M supported by Inovia
Key Investors in Cavelo
Inovia
iNovia Capital is a full-stack venture firm founded in 2007, headquartered in Montreal, Canada. They partner with founders to build enduring global technology companies, focusing on investing in people first.
Graphite Ventures
Graphite Ventures is a Canadian seed capital partner that specializes in supporting B2B founders. They leverage decades of operator experience to help entrepreneurs build capital-efficient companies and scale effectively.
MaRS Investment Accerlerator
Undisclosed investor participating in the funding round.
What's next for Cavelo?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Cavelo. This capital infusion is anticipated to accelerate product innovation, enhance market penetration, and potentially expand its global reach. The company is likely to focus on scaling its operations, strengthening its sales and marketing efforts, and further developing its platform to address emerging cybersecurity threats. Strategic partnerships and acquisitions may also be on the horizon as Cavelo solidifies its position in the competitive cybersecurity market.
See full Cavelo company page