When was Pyte founded?

Pyte was founded in 2021 and raised its 1st funding round 1 year after it was founded.

Where is Pyte located?

Pyte is headquartered in Los Angeles, United States.

Who is the current CEO of Pyte?

Sadegh Riazi of Pyte. They have also founded 1 company.

Is Pyte a funded company?

Pyte is a funded company, having raised a total of $11.7M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 18, 2022.

When was the latest funding round of Pyte?

Pyte's latest funding was a $***** Seed round on Apr 19, 2024, with participation from 4 investors.

Where does Pyte rank among its competitors?

Pyte ranks 22nd amongst 378 active competitors, of which 59 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Evervault, which secured $25M in Mar, 2026.

Who are the top competitors of Pyte?

Pyte's top competitors include Optalysys, Vault12 and Pantherun. Among them, Evervault secured the most recent funding round in March, 2026.

Pyte - 2026 Company Profile, Team, Funding & Competitors

Company Details

Customer data analysis and segmentation platform for marketers and advertisers. It provides solutions for collaborating on data with external partners to avoid data leakage risks, regulatory fines, and more. It allows marketers and advertisers to collaborate on customer data with partners. It enables users to improve customer data, create targeted campaigns, and measure the return on spend.

Website: pyte.ai
Social
Email ID: *****@pyte.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2021

Location

Los Angeles, United States

Stage

Seed

Total Funding

$11.7M in 2 rounds

Latest Funding Round

Seed, Apr 19, 2024, $*****

Investors

Innovation Endeavors & 4 more

Ranked

22^nd among 378 active competitors

Similar Companies

Optalysys & 7 more

View Pyte's full profile

Pyte is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
CIPHERMODE LABS, INC. CIN: 4166365 , United States, Active	Nov 17, 2020	-	-	-

Pyte has raised a total funding of $11.7M over 2 rounds. Its first funding round was on May 18, 2022. Its latest funding round was a Seed round on Apr 19, 2024 for $*****. 4 investors participated in its latest round. Pyte has 5 institutional investors.

Here is the list of recent funding rounds of Pyte:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 19, 2024	5966639	Seed	8165913	7544004	4369235	4136596
May 18, 2022	1248079	Seed	3567583	6972222	Innovation Endeavors	Pillar VC & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Pyte's funding rounds and investors

The founders of Pyte are Sadegh Riazi and Fari Assaderaghi. Sadegh Riazi is the CEO of Pyte.

Here are the details of Pyte's key team members:

Sadegh Riazi: Co-Founder & CEO of Pyte and founder of 1 other company.
Fari Assaderaghi: Co-Founder, Technical Advisor of Pyte.

View details of Pyte's Founder profiles and Board Members

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Pyte include Optalysys, Vault12 and Pantherun. Here is the list of Top 10 competitors of Pyte, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Optalysys 2013, Leeds (United Kingdom), Series A	Provider of AI-powered optical processing technology for big data applications	$63M	Exor, Northern Gritstone & 79 others	62/100
2nd	Vault12 2014, Mountain View (United States), Series A	Crypto inheritance and backup solutions for securing digital assets	$17.5M	True Ventures, Global Blockchain Innovative Capital ... & 7 others	60/100
3rd	Pantherun 2019, Bengaluru (India), Series A	Provider of cybersecurity, encryption, data protection, and industrial communication solutions	$19.6M	SID, ThinKuvate & 29 others	60/100
4th	Evervault 2019, Dublin (Ireland), Series B	Data encryption solution provider	$46M	Index Ventures, Sequoia Capital & 12 others	59/100
5th	Mind Network 2022, Singapore (Singapore), Seed	Platform offering encrypted data lake for securing data	$12.5M	HashKey Capital, Animoca Brands & 16 others	57/100
6th	Grain 2016, San Francisco (United States), Series A	Platform offering video meeting solution for workspace	$23M	Kickstart Seed Fund, Tiger Global Management ... & 29 others	56/100
7th	Infosec Global 2009, Ottawa (Canada), Acquired	Crypto management system to control & mitigate cryptographic implementations	-	Wilmot Advisors, Merlin Ventures & 2 others	55/100
8th	Infisical 2022, San Francisco (United States), Series A	Cloud-based platform for EFSS	$19.3M	Gradient Ventures, Y Combinator & 15 others	54/100
9th	CryptoLab 2017, Seoul (South Korea), Series A	Developer of homomorphic encryption software and tools for data privacy	$16.2M	Stonebridge Capital, LG U + & 4 others	53/100
10th	Senetas 1982, Melbourne (Australia), Public	Hardware appliance based encryptor for data security	-	-	52/100
22nd	Pyte 2021, Los Angeles (United States), Seed	Customer data analysis and segmentation platform for marketers and advertisers	$11.7M	Pillar VC, Innovation Endeavors & 3 others	42/100