What is Ethyca?
Ethyca provides a comprehensive platform designed to help organizations identify the location of sensitive data and implement granular control through API tools. The company offers essential features for permissions management, reporting, and analytics, addressing the increasing complexities of data privacy regulations. Headquartered in New York, Ethyca is positioned to assist businesses in navigating the intricate landscape of data governance and compliance.
How much funding has Ethyca raised?
Ethyca has raised a total of $35.2M across 3 funding rounds:
Angel/Seed
$4.2M
Series A
$21M
Other Financing Round
$10M
Angel/Seed (2019): $4.2M with participation from IA Ventures
Series A (2021): $21M led by Joey Zwillinge, Neil Blumenthal, DJ Patil, Table Management, Dave Gilboa, Lerer Ventures, Scott Belsky, Michael Ovitz, Lachy Groom, SciFi VC, Jeff Raider, LGF, Abstract Ventures, and Lee Fixel
Other Financing Round (2024): $10M supported by Aspenwood Ventures
Key Investors in Ethyca
Aspenwood Ventures
Aspenwood Ventures is an investment firm that provides early-stage institutional capital to innovative enterprise software companies. They focus on partnering with forward-thinking founders to help them realize their visions and tackle complex challenges in the technology landscape.
Lerer Ventures
Kenneth Lerer Associates LLC is a company that operates in the Venture Capital & Private Equity industry. It employs 5to9 people and has 1Mto5M of revenue. The company is headquartered in New York City, New York.
SciFi VC
SciFi VC invests in early stage companies. Its defensibility is derived from hard technical feats, network effects, and complex highly regulated industries. The company was founded in 2011.
What's next for Ethyca?
With the recent major strategic investment, Ethyca is poised for significant expansion. The company's trajectory, marked by previous rounds including a Series A financing and seed capital, indicates a strong growth phase. This latest capital injection is expected to fuel product development, enhance market penetration, and solidify its position as a leader in the data privacy technology sector. The focus will likely be on leveraging this backing to further innovate and meet the evolving needs of enterprises requiring sophisticated data management solutions.
See full Ethyca company page
