About Feroot
Feroot is a company based in Toronto (Canada) founded in 2017.. Feroot has raised $13.5 million across 2 funding rounds from investors including True Ventures, Haystack and StoneMill Ventures. Feroot operates in a competitive market with competitors including BigID, Sprinto, Sourcepoint, DataGrail and Metomic, among others.
- Headquarter Toronto, Canada
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Sectors
Technology
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$13.5 M (USD)
in 2 rounds
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Latest Funding Round
$11 M (USD), Seed
Feb 28, 2022
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Investors
True Ventures
& 11 more
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Employee Count
Employee Count
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Funding Insights of Feroot
Feroot has successfully raised a total of $13.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $11 million completed in February 2022. 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 Total Funding
- Total Rounds 2
- Last Round Seed — $11.0M
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First Round
First Round
(20 Jul 2021)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2022 | Amount | Seed - Feroot | Valuation | True Ventures | |
| Jul, 2021 | Amount | Seed - Feroot | Valuation | Y Combinator |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Feroot
Feroot has secured backing from 12 investors, including venture fund and angel investors. Prominent investors backing the company include True Ventures, Haystack and StoneMill Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm supporting AI founders through investments and community.
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Founded Year | Domain | Location | |
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Multiple-stage venture capital investments are managed by Haystack.
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Founded Year | Domain | Location | |
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StoneMill Ventures is focused on seed-stage cybersecurity investments.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Feroot
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Feroot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Feroot Comparisons
Competitors of Feroot
Feroot operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BigID, Sprinto, Sourcepoint, DataGrail and Metomic, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based platform for data privacy management software is provided.
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| domain | founded_year | HQ Location |
A platform for continuous security and compliance automation is provided.
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| domain | founded_year | HQ Location |
Data privacy management solutions for digital publishers are offered.
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| domain | founded_year | HQ Location |
GDPR-as-a-service solutions are delivered for enterprise data privacy.
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| domain | founded_year | HQ Location |
Data privacy solutions provider
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| domain | founded_year | HQ Location |
Data protection solutions are provided for organizational risk management.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Feroot
Frequently Asked Questions about Feroot
When was Feroot founded?
Feroot was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is Feroot located?
Feroot is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Is Feroot a funded company?
Feroot is a funded company, having raised a total of $13.5M across 2 funding rounds to date. The company's 1st funding round was a Seed of $2.5M, raised on Jul 20, 2021.
What does Feroot do?
Provider of cloud based web application security solutions. It offers a privacy rights management platform that helps enterprises and SaaS software vendors comply with data privacy regulations, such as GDPR. The platform automates privacy compliance for data subjects, processors, and controllers while eliminating manual processes and providing real-time views into enterprise privacy-related data across all applications. It can also predict risks and mitigate penalties bypassing data-use restrictions downstream to enterprise systems and third-party applications. Available both on-premise and in the cloud.
Who are the top competitors of Feroot?
Feroot's top competitors include BigID, Sourcepoint and Metomic.
Who are Feroot's investors?
Feroot has 12 investors. Key investors include True Ventures, Haystack, StoneMill Ventures, Y Combinator, and Jon Oberheide.
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