Strac - About the company
Strac is a seed company based in Bellevue (United States), founded in 2021 by Aatish Mandelecha. It operates as a Provider of tools for data security. Strac has raised $4M in funding from Y Combinator and FUSE. The company has 157 active competitors, including 40 funded and 16 that have exited. Its top competitors include companies like Seclore, Intralinks and Vormetric.
Company Details
Provider of tools for data security. It enables the security of customers' sensitive personal PII & PHI data across all communication flows (Office 365, Gmail, Slack, Zendesk, Intercome, Web Applications, etc.) using tokenization & machine learning technology.
Key Metrics
Founded Year
2021
Location
Bellevue, United States
Stage
Seed
Total Funding
$4M in 2 rounds
Latest Funding Round
Investors
Ranked
34th among 157 active competitors
Employee Count
4 as on Jul 01, 2024
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Strac's funding and investors
Strac has raised a total funding of $4M over 2 rounds. Its first funding round was on 2022. Its latest funding round was a Seed round on Jul 21, 2022 for $*****. 6 investors participated in its latest round. Strac has 7 institutional investors.
Here is the list of recent funding rounds of Strac:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 21, 2022 | 5895559 | Seed | 1235348 | 8993607 | 1496254 | 9286825 |
2022 | 9245 | Seed | 3654 | 9628 | 2002 |
View details of Strac's funding rounds and investors
Strac's founders and board of directors
Founder? Claim ProfileThe founders of Strac is Aatish Mandelecha. Aatish Mandelecha is the CEO of Strac.
Here are the details of Strac's key team members:
- Aatish Mandelecha: Founder & CEO of Strac. Contact Info: 1 email address
View details of Strac's Founder profiles and Board Members
Strac's employee count trend
Strac has 4 employees as of Jul 24. Here is Strac's employee count trend over the years:
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Strac's Competitors and alternates
Top competitors of Strac include Seclore, Intralinks and Vormetric. Here is the list of Top 10 competitors of Strac, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of data-centric security software for preventing data theft and compliance | $51.2M | 76/100 | ||
2nd | Intralinks 1996, New York City (United States), Acquired | Provider of virtual data room solutions for dealmaking and compliance | $131M | 69/100 | |
3rd | Vormetric 2001, San Jose (United States), Acquired | Encryption based enterprise data security suite | $52.6M | 60/100 | |
4th | Platform offering synthetic data generation for enterprises | $31.1M | 60/100 | ||
5th | Unified secrets and machine identity management platform | $79M | 60/100 | ||
6th | Teleskope 2022, New York City (United States), Series A | Cloud based platform offering sensitive data management solutions | $34.4M | 59/100 | |
7th | Privitar 2015, London (United Kingdom), Acquired | Big data platform for data security & privacy | $174M | 57/100 | |
8th | Cloud-based platform for data security | $3.91M | 55/100 | ||
9th | TransCrypts 2020, Newark (United States), Seed | Cloud-based platform for document management | $21.3M | 54/100 | |
10th | Synthesized 2017, London (United Kingdom), Series A | Developer of synthetic data generation platform for machine learning model development | $30.5M | 53/100 | |
34th | Strac 2021, Bellevue (United States), Seed | Provider of tools for data security | $4M | 38/100 |
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Strac's Investments and acquisitions
Strac has made no investments or acquisitions yet.
Reports related to Strac
Here is the latest report on Strac's sector:
News related to Strac
•
Seattle-area cybersecurity startup led by former Amazon principal engineer lands $3.5MGeekWire•Jul 21, 2022•Strac, Y Combinator, Liquid 2 Ventures, Wayfinder and 1 other
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