About Private AI
Private AI is a company based in Toronto (Canada) founded in 2019 by Gerald Penn, Patricia Thaine, and Pieter Luitjens. Private AI has raised $11.15 million across 2 funding rounds from investors including BDC, GIT1K and Panda Capital. Private AI offers products and services including PrivateGPT, Text De-Identification, and File De-Identification. Private AI operates in a competitive market with competitors including Informatica, Seclore, Alloy, Intralinks and Nexla, among others.
- Headquarter Toronto, Canada
- Founders Gerald Penn, Patricia Thaine, Pieter Luitjens
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Sectors
TechnologyFinancial Services
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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
Not available
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Net Profit
Not available
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EBITDA
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Total Equity Funding
$11.15 M (USD)
in 2 rounds
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Latest Funding Round
$8 M (USD), Series A
Nov 17, 2022
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Investors
BDC
& 7 more
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Employee Count
Not available
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Products & Services of Private AI
Private AI offers a comprehensive portfolio of products and services, including PrivateGPT, Text De-Identification, and File De-Identification.
Enables safe use of large language models by redacting PII
Identifies and anonymizes personal information in text data
Redacts PII from PDFs, images, and audio files
People of Private AI
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Funding Insights of Private AI
Private AI has successfully raised a total of $11.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $8 million completed in November 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.
Investors in Private AI
Private AI has secured backing from 8 investors, including institutional and venture fund investors. Prominent investors backing the company include BDC, GIT1K and Panda Capital.
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Panda Capital is engaged in venture capital investments for technology and innovation.
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Venture capital investments in technology startups are facilitated by M12.
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Early-stage investments are provided in data-driven B2B tech companies.
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Investor details for Private AI
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
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- Participation history
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Investments & Acquisitions by Private AI
Investment portfolio details for Private AI
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
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Financial Statements - Private AI
Detailed financials for Private AI
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- Historical revenue
- Profit trends
- Statement rows
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Private Ai Comparisons
Peer comparison for Private AI
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Private AI
Private AI 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 Informatica, Seclore, Alloy, Intralinks and Nexla, among others.
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Cloud based enterprise data preparation and management platform
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Enterprise data security software is provided for digital asset protection.
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Identity decisioning platform is provided for banks and fintech firms.
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Secure inter-enterprise file sharing and collaboration are enabled.
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An AI-powered platform for data integration and management is developed.
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AI-based identity verification and fraud detection are provided.
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Detailed competitors of Private AI
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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- Competitive positioning
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Latest news on Private Ai
Complete news archive for Private AI
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- Source and publication date
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Frequently Asked Questions about Private AI
Private AI was founded in 2019 and raised its 1st funding round 2 years after it was founded.
Private AI is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Patricia Thaine is the current CEO of Private AI. They have also founded this company.
Private AI is a funded company, having raised a total of $11.15M across 2 funding rounds to date.
Private AI was founded in 2019 in Toronto, Canada, and operates in the AI privacy sector. A platform is offered that identifies, anonymizes, and replaces personally identifiable information across text, PDFs, images, and audio files. Services extend to large language models, APIs, automatic speech recognition, and related technologies, supporting secure data processing for various applications.
Private AI offers PrivateGPT, Text De-Identification, and File De-Identification.
Private AI has 8 investors. Key investors include BDC, GIT1K, Panda Capital, M12, and Differential Ventures.