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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
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
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Strac's founders and board of directors

Founder? Claim Profile
The founders of Strac is Aatish Mandelecha. Aatish Mandelecha is the CEO of Strac.
Here are the details of Strac's key team members:

Strac's employee count trend

Strac has 4 employees as of Jul 24. Here is Strac's employee count trend over the years:
Employee count trend for Strac
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Seclore
Seclore
2008, Mumbai (India), Series D
Provider of data-centric security software for preventing data theft and compliance
$51.2M
76/100
2nd
Logo for Intralinks
Intralinks
1996, New York City (United States), Acquired
Provider of virtual data room solutions for dealmaking and compliance
$131M
69/100
3rd
Logo for Vormetric
Vormetric
2001, San Jose (United States), Acquired
Encryption based enterprise data security suite
$52.6M
60/100
4th
Logo for Mostly AI
Mostly AI
2017, Vienna (Austria), Series B
Platform offering synthetic data generation for enterprises
$31.1M
60/100
5th
Logo for AKEYLESS
AKEYLESS
2018, Tel Aviv (Israel), Series B
Unified secrets and machine identity management platform
$79M
60/100
6th
Logo for Teleskope
Teleskope
2022, New York City (United States), Series A
Cloud based platform offering sensitive data management solutions
$34.4M
59/100
7th
Logo for Privitar
Privitar
2015, London (United Kingdom), Acquired
Big data platform for data security & privacy
$174M
57/100
8th
Logo for Raito
Raito
2021, Brussels (Belgium), Acquired
Cloud-based platform for data security
$3.91M
55/100
9th
Logo for TransCrypts
TransCrypts
2020, Newark (United States), Seed
Cloud-based platform for document management
$21.3M
54/100
10th
Logo for Synthesized
Synthesized
2017, London (United Kingdom), Series A
Developer of synthetic data generation platform for machine learning model development
$30.5M
53/100
34th
Logo for Strac
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

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FAQs about Strac

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