About Cape Privacy
Cape Privacy is a Technology company based in New York (United States) founded in 2018 by Ben DeCoste and Gavin Uhma. It operates as an encrypted data analytics solutions are provided via cloud and AI. Cape Privacy has raised $25 million across 2 funding rounds from investors including Evolution Equity Partners, Tiger Global and Tom Noonan. Its chief executive is Che Wijesinghe. Cape Privacy offers products and services including PDF Processing, Enhanced Due Diligence, and Third Party Risk Management. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Confidential Computing. Its legal entity is Cape Inc. Its competitors include Anjuna Security, Decentriq, CYSEC, Edgeless Systems and zCloak Network and 4 more; 7 of its 9 listed competitors have raised funding.
Company details
Cape Privacy was founded in 2018 and is based in New York, United States. Operations focus on the cloud and AI sector, where encrypted data analytics solutions are delivered. Predictive machine learning models are executed on encrypted data through secure multiparty computation, which reduces failure risks and permits analysis of data previously deemed inaccessible. Key applications include financial fraud detection, customer service personalization, and market risk evaluations.
- Headquarters New York, United States
- Founders Ben DeCoste, Gavin Uhma
- SectorsTechnology
- Website capeprivacy.com
- Social LinkedIn X
- Legal Name Cape Inc.
- Total Equity Funding$25M (USD)
in 2 rounds
- Latest Funding Round$20M (USD), Series A
Apr 2021
- InvestorsEvolution Equity Partners
& 15 more
Products & Services of Cape Privacy
Cape Privacy offers a comprehensive portfolio of products and services, including PDF Processing, Enhanced Due Diligence, and Third Party Risk Management.
Tool for extracting, analyzing, and validating PDF data in financial contexts.
Automates EDD reports to strengthen risk and compliance monitoring.
Platform for improving control and efficiency in banking operations.
Funding Insights of Cape Privacy
Cape Privacy has successfully raised a total of $25M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $25M
- Total Rounds 2
- Last Round Series A — $20M
- First Round $5M
(Jun 2020)
- Investors Count 16
All 2 funding rounds of Cape Privacy with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $20M | Series A | – | Evolution Equity Partners | |
| Jun 2020 | $5M | Seed | – | Boldstart Ventures, Version One Ventures |
16 investors in total: 9 institutional and 7 angel.
Investors in Cape Privacy
Cape Privacy has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Evolution Equity Partners, Tiger Global and Tom Noonan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Growth-stage tech companies are funded by this venture capital firm. | – | evolutionequity.com | New York, United States | |
Venture and private equity investments are managed with global diversification. | – | tigerglobal.com | New York, United States | |
Venture capital investments are provided to early-stage companies. | – | ridgeline.vc | - | |
Venture capital firm focused on crypto infra, and SaaS companies | – | boldstart.vc | Miami, United States | |
Multiple-stage venture capital investments are managed by Haystack. | – | haystack.vc | Menlo Park, United States | |
Venture capital firm focused on AI-driven companies | – | radical.vc | Toronto, Canada | |
Early-stage investments are provided to mission-driven technology founders. | – | versionone.vc | - | |
Early-stage tech-focused VC firm investing primarily in Canada | – | faktoryventures.com | - | |
Legal services are provided by Downing Lane, PC. | 2018 | downinglane.com | Great Barrington, United States | |
TN Tom Noonan | Angel investor and tech entrepreneur, co-founder of Internet Security Systems. | – | unknown_e8eb9b89cdb644f08 | - |
Investor details for Cape Privacy
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People of Cape Privacy
9 people are tracked at Cape Privacy (6 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Ben DeCoste | Co-Founder | Leadership |
Gavin Uhma | Co-Founder & CTO | Leadership |
Che Wijesinghe | CEO | Leadership |
Alan Wong | Head of Finance and Operations | Leadership |
Ché Wijesinghe | CEO | Leadership |
Mike Gardner | Head of Customer Success | Leadership |
Sean Swehla | Lead Software Engineer | Team |
Jeremy Collyer | Senior Software Engineer | Team |
Shweta Sah | Software Engineer | Team |
Complete people profiles for Cape Privacy
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Timeline of Cape Privacy
3 dated milestones of Cape Privacy across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Cape Privacy is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Series A, of $20.0M.
Competitors of Cape Privacy
Cape Privacy has 9 listed competitors in our database, 7 of them funded. They include Anjuna Security, Decentriq, CYSEC, Edgeless Systems and zCloak Network, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| anjuna.io | 2017 | Palo Alto, United States | $55.12M | – | Confidential computing platforms are provided for enterprise application security. | |
| decentriq.com | 2019 | Zurich, Switzerland | $18.8M | – | End-to-end encryption is enabled via cloud-based collaboration platform. | |
| cysec.com | 2018 | Lausanne, Switzerland | $6.37M | – | Data protection solutions are offered via a cloud-based platform. | |
| edgeless.systems | 2019 | Bochum, Germany | $6.72M | – | Confidential computing solutions for secure and accountable storing and processing of data | |
| zcloak.network | 2021 | Hong Kong, China | $7.1M | – | Confidential computing platform for secure blockchain data processing is provided. | |
| mithrilsecurity.io | 2021 | Paris, France | $1.3M | – | Data privacy platform for secure AI model usage is provided. | |
| secretarium.com | 2013 | London, United Kingdom | $6.7M | 11 | Confidential computing solutions are delivered via secure cloud technology. | |
| validian.com | 1989 | Ottawa, Canada | – | – | Offers software solutions for securing data against cyber threats in various sectors. | |
| gapfruit.com | 2018 | Zug, Switzerland | – | – | Developer of security solutions for IoT hardware |
Detailed competitors of Cape Privacy
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Top companies in Cybersecurity & Data Protection
10 companies that operate in the same segment as Cape Privacy (Cybersecurity & Data Protection), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud based website security solutions | 2009 | San Francisco, California, United States | USD 332.1 M | USD 1.67 B | 7,330 | |
Cybersecurity and zero trust solutions are delivered for secure networks. | 2007 | San Jose, California, United States | USD 148 M | USD 3.35 B | 9,616 | |
Cloud-based identity management solutions are provided for enterprises. | 2002 | Denver, Colorado, United States | USD 136.89 M | USD 36.94 M | 821 | |
Ledger is recognized for providing secure cryptocurrency hardware wallets. | 2014 | Paris, Ile de France, France | USD 575.4 M | – | 802 | |
AI-based software suites are developed for navigation applications. | 1893 | Paris, France | – | USD 26.01 B | 83,020 | |
Cloud based platform offering IT operational data and security analytics software | 2003 | San Francisco, California, United States | USD 40 M | USD 2.59 M | 108 | |
Cloud-based enterprise management solutions including backup and recovery are provided. | 2003 | Singapore, Singapore | USD 658 M | – | 1,898 | |
Cloud-based identity management and authentication are provided for enterprises. | 2009 | San Francisco, California, United States | USD 228.5 M | USD 2.92 B | 7,934 | |
Cloud and application performance management platform is provided. | 2010 | New York, New York, United States | USD 147.19 M | USD 2.68 B | 6,500 | |
Identity security solutions are provided to secure identities across infrastructures. | 1999 | Petah Tikva, Central District, Israel | USD 59 M | USD 1 B | 3,790 |
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Frequently Asked Questions about Cape Privacy
Cape Privacy was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Cape Privacy is headquartered in New York, United States. It is registered at New York, New York, United States.
Che Wijesinghe is the current CEO of Cape Privacy.
Cape Privacy is a funded company, having raised a total of $25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jun 2020.
Cape Privacy was founded in 2018 and is based in New York, United States. Operations focus on the cloud and AI sector, where encrypted data analytics solutions are delivered. Predictive machine learning models are executed on encrypted data through secure multiparty computation, which reduces failure risks and permits analysis of data previously deemed inaccessible. Key applications include financial fraud detection, customer service personalization, and market risk evaluations.
Cape Privacy's top competitors include Anjuna Security, CYSEC and Decentriq.
Cape Privacy offers PDF Processing, Enhanced Due Diligence, and Third Party Risk Management.
Cape Privacy has 16 investors. Key investors include Evolution Equity Partners, Tiger Global, Tom Noonan, Ridgeline, and Boldstart Ventures.
Cape Privacy operates through Cape Inc..