Cavelo - About the company
Cavelo is a series A company based in Kitchener (Canada), founded in 2020. It operates as a Provider of attack surface management platform for data protection and compliance. Cavelo has raised $4.64M in funding from Inovia Capital and MaRS IAF. The company has 1593 active competitors, including 137 funded and 116 that have exited. Its top competitors include companies like Palantir, Rubrik and Druva.
Company Details
Provider of attack surface management platform for data protection and compliance. The platform helps businesses reduce cybersecurity risk through automated data discovery, classification, and reporting. It continuously scans and identifies sensitive data across organizations, simplifying compliance reporting and risk remediation. The platform offers features such as vulnerability management, configuration management, and asset discovery.
- Website
- www.cavelo.com/
- Social
- Email ID
- *****@cavelo.com
Key Metrics
Founded Year
2020
Location
Kitchener, Canada
Stage
Series A
Total Funding
$4.64M in 2 rounds
Latest Funding Round
Investors
Ranked
143rd among 1593 active competitors
Employee Count
27 as on Sep 30, 2026
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Cavelo's funding and investors
Cavelo has raised a total funding of $4.64M over 2 rounds. Its first funding round was on Feb 04, 2021. Its latest funding round was a Series A round on Nov 10, 2023 for $*****. 2 investors participated in its latest round. Cavelo has 3 institutional investors and 1 angel investor.
Here is the list of recent funding rounds of Cavelo:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Nov 10, 2023 | 9492908 | Series A | 5639291 | 1320669 | 5186759 | 9246521 |
Feb 04, 2021 | 4577948 | Seed | 2221445 | 3691269 | 6880016 |
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Cavelo's founders and board of directors
Founder? Claim ProfileCavelo's employee count trend
Cavelo has 27 employees as of Sep 26. Here is Cavelo's employee count trend over the years:
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Cavelo's Competitors and alternates
Top competitors of Cavelo include Palantir, Rubrik and Druva. Here is the list of Top 10 competitors of Cavelo, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Palantir 2003, Denver (United States), Public | Platform that provides data analysis and management solutions | $2.46B | 84/100 | |
2nd |  Rubrik 2014, Palo Alto (United States), Public | Provider of cyber resilience platform for data and identity security | $553M | 79/100 | |
3rd |  Druva 2008, Santa Clara (United States), Series H | Provider of cloud-based platform for data protection, security, and governance | $475M | 78/100 | |
4th | Provider of data-centric security software for preventing data theft and compliance | $51.8M | 77/100 | ||
5th |  Vanta 2018, San Francisco (United States), Series D | Provider of a platform for automating security and compliance programs | $504M | 74/100 | |
6th | Cyera 2020, New York City (United States), Series G | Data security company specializing in AI-native data security posture management and data loss prevention solutions | $2.3B | 72/100 | |
7th | Provider of a platform for automated data security and compliance | $18.6M | 70/100 | ||
8th | AuditBoard 2014, Cerritos (United States), Acquired | Developer of software for governance risk and compliance management systems | $43.6M | 69/100 | |
9th | Fortanix 2016, San Francisco (United States), Series C | Provider of data security platform leveraging confidential computing and runtime encryption | $122M | 69/100 | |
10th | Cloud-based business process management software | $34M | 68/100 | ||
143rd | Provider of attack surface management platform for data protection and compliance | $4.64M | 42/100 |
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Cavelo's Investments and acquisitions
Cavelo has made no investments or acquisitions yet.
Reports related to Cavelo
Here is the latest report on Cavelo's sector:
News related to Cavelo
•
Cavelo To Expand MSP-Focused Attack Surface Management Platform With Remediation ToolCRN•Mar 13, 2025•Cavelo
•
Cynomi Enters into Strategic Partnership with Cavelo to Offer Comprehensive Cyber SolutionsGlobeNewswire•Aug 14, 2024•Cynomi, Cavelo
•
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Cavelo Raises CA$5 Million for Attack Surface Management PlatformSecurityWeek•Nov 10, 2023•Cavelo, Inovia Capital, Graphite Ventures
•
Data Protection Solutions Provider Cavelo Announces Technology Integration with iManageMarTech Series•Mar 09, 2022•Cavelo, iManage
•
•
Cavelo Raises $1.3 Million Pre-seed As It Looks To Help Companies Regain Control Of Their DataBetaKit•Feb 05, 2021•Cavelo, MaRS IAF
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