When was Protenus founded?

Protenus was founded in 2014 and raised its 1st funding round within a year of its incorporation.

Where is Protenus located?

Protenus is headquartered in Baltimore, United States. It is registered at Baltimore, Maryland.

How many employees does Protenus have?

As of May 31, 2026, the latest employee count at Protenus is 22.

Is Protenus a funded company?

Protenus is a funded company, having raised a total of $61M across 8 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 08, 2014.

When was the latest funding round of Protenus?

Protenus' latest funding was a $***** Series D round on May 12, 2021, with participation from 8 investors.

Where does Protenus rank among its competitors?

Protenus ranks 3rd amongst 53 active competitors, of which 6 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was DocBuddy, which secured $4M in Jul, 2025.

Who are the top competitors of Protenus?

Protenus' top competitors include Imprivata, Datavant and Clearwave. Among them, DocBuddy secured the most recent funding round in July, 2025.

Protenus - 2026 Company Profile, Team, Funding & Competitors

Protenus is an acquired company based in Baltimore (United States), founded in 2014 by Nicholas Culbertson. It operates as an AI-based insider threat detection and prevention solutions for healthcare sector. Protenus has raised $61M in funding from investors like Kaiser Permanente Ventures, Arthur Ventures and F-Prime Capital. The company has 53 active competitors, including 6 funded and 9 that have exited. Its top competitors include companies like Imprivata, Datavant and Clearwave.

Company Details

Protenus' product detects inappropriate EMR access in real-time focusing on insider threats based on a continuously updated baseline/threshold of the institution’s behavior. The solution comprises of AI-based analytics solution which operates on top of existing hospital systems and integrates with existing workflows. Technology is focused on visualizing clinical and administrative workflows to address unauthorized access at the moment of breach, monitoring employee behavior and patient privacy protection for minimizing the risk of lawsuits, fines, and reputational damage.

Website: protenus.com
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Part Of
Registered Address: Baltimore, Maryland

Key Metrics

Founded Year

2014

Location

Baltimore, United States

Stage

Acquired

Total Funding

$61M in 8 rounds

Latest Funding Round

Series D, May 12, 2021, $*****

Investors

Kaiser Permanente Ventures & 16 more

Ranked

3^rd among 53 active competitors

Employee Count

22 as on May 31, 2026

Similar Companies

Imprivata & 73 more

Exit Details

Acquired by Bluesight (Jan 09, 2025)

View Protenus' full profile

Protenus is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PROTENUS CIN: 383923513 , United States, Active	Dec 31, 1999	-	97 (As on Dec 31, 2024)	-
PROTENUS, INC. CIN: 6621649 , United States, Active	Oct 21, 2022	-	-	-

Protenus got acquired by Bluesight on Jan 09, 2025.

Click here to take a look at Protenus's acquisition in detail

Protenus has raised a total funding of $61M over 8 rounds. Its first funding round was on May 08, 2014. Its latest funding round was a Series D round on May 12, 2021 for $*****. 8 investors participated in its latest round. Protenus has 17 institutional investors.

Here is the list of recent funding rounds of Protenus:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 12, 2021	8303731	Series D	5010723	7585227	9494585	9721312
May 01, 2019	3516714	Series C	9814427	6140350	6932389	Kaiser Permanente Ventures & 4 more
Jan 16, 2018	1719207	Series B	9288611	5891590	F-Prime Capital & 1 more	Arthur Ventures & 2 more

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View details of Protenus's funding rounds and investors

The founders of Protenus is Nicholas Culbertson.

Here are the details of Protenus' key team members:

Nicholas Culbertson: Co-Founder of Protenus.

View details of Protenus's Founder profiles and Board Members

Protenus' employee count trend

Protenus has 22 employees as of May 26. Here is Protenus's employee count trend over the years:

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Top competitors of Protenus include Imprivata, Datavant and Clearwave. Here is the list of Top 10 competitors of Protenus, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Imprivata 2002, Waltham (United States), Acquired	Cloud-based authentication and secure communication solutions for enterprises	$40.5M	Sapphire Ventures, General Catalyst & 4 others	74/100
2nd	Datavant 2017, San Francisco (United States), Series B	Provider of platform to access patient data securely	$83M	Transformation Capital, Roivant Sciences ... & 12 others	70/100
3rd	Protenus 2014, Baltimore (United States), Acquired	AI-based insider threat detection and prevention solutions for healthcare sector	$61M	Baltimore Angels, MemorialCare Innovation Fund ... & 15 others	52/100
4th	Clearwave 2004, Atlanta (United States), Series A	Patient engagement software optimizing healthcare workflows, revenue, and patient experience	$5.3M	Frontier Capital, Great Hill Partners	52/100
5th	Phynd 2012, Dallas (United States), Acquired	Unified platform for sharing provider information across healthcare organizations	$21.5M	Dallas Venture Partners, Wellington & 8 others	44/100
6th	z-waka 2017, Yangon (Myanmar), Seed	Provider of the medical record management solution for healthcare providers	-	Iterative	42/100
7th	TedCas 2011, Pamplona (Spain), Seed	Digital platform revolutionizing access and management of medical information	$165K	Wayra Deutschland, StartUp Health & 3 others	41/100
8th	Tools4ever 1999, Lynbrook (United States), Unfunded	Identity governance & Access Management Solutions	-	-	41/100
9th	DocBuddy 2014, Denver (United States), Seed	Workflow streamlining & patient record accessing the solution	$2.39M	-	39/100
10th	Sentillion 1998, Andover (United States), Acquired	Offers identity and access management solutions	$29.5M	UHS, Rising Tide Fund & 3 others	37/100