About SOCLY.io
SOCLY.io is a Technology company based in Bengaluru (India) founded in 2021 by Manoj Kumar Shastrula and Abishek Janardhanan. It operates as a provider of a platform offering data privacy solutions. SOCLY.io has raised $355.16 thousand across 3 funding rounds from investors including Zerotwox Venture Partner, Sridhar Bhanusree and Harikrishnan. The company has 1 employees. SOCLY.io was last valued at $1.62 million in October 2022. Its chief executive is Manoj Kumar Shastrula. Its Indian entity Socly Solutions Private Limited reported revenue of ₹3.99 Cr. SOCLY.io offers products and services including Compliance Automation Platform. Its focus areas include Enterprise Applications, GRC Software, Compliance and IT Compliance. Its competitors include BigID, Sourcepoint, DataGrail, Metomic and Osano and 5 more; 10 of its 10 listed competitors have raised funding.
Company details
SOCLY.io was founded in 2021 and is based in Bengaluru, India. Operations focus on the data privacy sector, where a platform is offered to assist SMEs and startups in achieving SOC 2 readiness. Services include real-time security posture visibility, actionable insights, and automated evidence collection. The platform is designed to streamline compliance processes without delays.
- Headquarters Bengaluru, India
- Employees 1
- Founders Manoj Kumar Shastrula, Abishek Janardhanan
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website socly.io
- Social LinkedIn X Facebook Instagram
- Legal Name Socly Solutions Private Limited
- Date of Incorporation 15 Jul, 2021
- Jurisdiction Siddipet, Telangana, India
- Annual Revenue₹3.99 Cr
FY 2024 · +644% YoY
- Net Profit₹44.2 Lakh
FY 2024 · 11% margin
- EBITDA₹48.9 Lakh
FY 2024 · 12% margin
- Total Equity Funding$355.16K (USD)
in 3 rounds
- Latest Funding Round$219.55K (USD), Seed
Oct 2022
- InvestorsZerotwox Venture Partner
& 47 more
- Employee Count1
Associated legal entities of SOCLY.io
SOCLY.io operates through Socly Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Socly Solutions Private Limited CIN U72900TG2021PTC153166 | Active | 15 Jul 2021 | Siddipet, Telangana | ₹4.0 Cr | – | 3 | View details |
Products & Services of SOCLY.io
SOCLY.io offers a comprehensive portfolio of products and services, including Compliance Automation Platform.
Automates compliance tasks for data security frameworks
Funding Insights of SOCLY.io
SOCLY.io has successfully raised a total of $355.16K across 3 strategic funding rounds. The most recent funding activity was a Seed round of $219.55 thousand completed in October 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 $355,165
- Total Rounds 3
- Last Round Seed — $219,553
- First Round $30,516
(Dec 2021)
- Investors Count 48
All 3 funding rounds of SOCLY.io 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 |
|---|---|---|---|---|---|
| Oct 2022 | $219,553 | Seed | $1.62M | Powerhouse Ventures | |
| Mar 2022 | $105,096 | Seed | $1.58M | Harikrishnan, Pranjal Pradeep Kothawade | |
| Dec 2021 | $30,516 | Angel Round | $••••• | Dheeraj Ghattepally |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2022 | $1.62M | •••••••• |
| Mar 2022 | $1.58M | •••••••• |
Last known valuation $1.62M (Oct 2022). 48 investors in total: 2 institutional and 46 angel.
Investors in SOCLY.io
SOCLY.io has secured backing from 48 investors, including angel and venture fund investors. Prominent investors backing the company include Zerotwox Venture Partner, Sridhar Bhanusree and Harikrishnan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage investments | – | powerhouseventures.com | Singapore, Singapore | |
SB Sridhar Bhanusree | - | – | unknown_acc5adbee5b347cb9 | - |
H Harikrishnan | - | – | unknown_fb34ff6813324480a | - |
PP Pranjal Pradeep Kothawade | - | – | unknown_36f019a40c354bb8a | - |
H Habib | - | – | unknown_356e45430dc547f68 | - |
MK Murali Karthik | - | – | unknown_8385a93c4be14dcea | - |
RO Rutvij Oza | - | – | unknown_b971281042b840eda | - |
GV Gaurav Varma | - | – | unknown_88a3bd65bda44c418 | - |
PK Prasanna Krishna | - | – | unknown_c887799747e44c158 | - |
RA Radhika Agarwal | - | – | unknown_934664be8d804d1b8 | - |
Investor details for SOCLY.io
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Socly Solutions Private Limited (SOCLY.io)
Socly Solutions Private Limited is the primary company behind SOCLY.io. The board of Socly Solutions Private Limited currently have 3 directors; the longest-serving is Manoj Kumar Shastrula, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Manoj Kumar Shastrula DIN 09241205 | Director | 15 Jul 2021 | 5 yrs 3 mo | Socly Solutions Private Limited |
| Sri Vani Nemani DIN 09241206 | Director | 15 Jul 2021 | 5 yrs 3 mo | Socly Solutions Private Limited |
| Abishek Janardhanan DIN 10037387 | Additional Director | 12 Aug 2024 | 2 yrs 2 mo | Socly Solutions Private Limited |
People of SOCLY.io
6 people are tracked at SOCLY.io (3 in leadership, 3 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Co-Founder & CTO | Leadership | |
Karthik Rambhatla | Founder’s Office | Leadership |
Saumit Simon | Founding Member | Team |
Vishnu Karthik | Senior Software Engineer | Team |
Abdul Raqeeb Kola, PhD | Senior Sales | Team |
Complete people profiles for SOCLY.io
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of SOCLY.io
Figures of Socly Solutions Private Limited, the primary company behind SOCLY.io, for FY 2024. Revenue was ₹3.99 Cr (+644% year on year). Net profit was ₹44.2 Lakh (11% margin). EBITDA was ₹48.9 Lakh (12% margin).
- ₹3.99 CrRevenue · FY 2024 · +644% YoY
- ₹44.2 LakhNet profit · 11% margin
- ₹48.9 LakhEBITDA · 12% margin
- ₹3.4 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Socly Solutions Private Limited are on its company page.
Detailed financial statements for SOCLY.io
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Timeline of SOCLY.io
4 dated milestones of SOCLY.io across 1 years, from founding to its latest funding, stage changes and deals.
- Founded SOCLY.io is founded.
- Funding First funding round of $31K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed, of $220K.
Competitors of SOCLY.io
SOCLY.io has 10 listed competitors in our database, 10 of them funded. They include BigID, Sourcepoint, DataGrail, Metomic and Osano, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bigid.com | 2016 | New York, United States | $307.6M | 110 | Cloud-based platform for data privacy management software is provided. | |
| sourcepoint.com | 2014 | New York, United States | $47.8M | – | Data privacy management solutions for digital publishers are offered. | |
| datagrail.io | 2018 | San Francisco, United States | $84M | 28 | GDPR-as-a-service solutions are delivered for enterprise data privacy. | |
| metomic.io | 2018 | London, United Kingdom | $25.75M | 16 | Data privacy solutions provider | |
| osano.com | 2018 | Austin, United States | $44.4M | – | Data compliance solutions are delivered via a structured platform. | |
| ketch.com | 2020 | San Francisco, United States | $43M | 58 | Cloud-based data privacy management software is provided. | |
| integris.io | 2016 | Seattle, United States | $17.54M | 21 | Provider of data privacy compliance and intelligence solutions | |
| borneo.io | 2019 | San Francisco, United States | $15.5M | 34 | AI-powered platform for identifying and remediating sensitive data is provided. | |
| dataships.io | 2020 | San Francisco, United States | $10.73M | – | Cloud-based data privacy management software is provided by Dataships. | |
| dporganizer.com | 2015 | Stockholm, Sweden | $7.12M | – | Privacy management software for businesses |
Detailed competitors of SOCLY.io
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
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Top companies in GRC, Risk & Compliance Software
10 companies that operate in the same segment as SOCLY.io (GRC, Risk & Compliance Software), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
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 | |
Platform that provides data analysis and management solutions | 2003 | Denver, Colorado, United States | USD 2.46 B | USD 2.87 B | 5,915 | |
Identity and access management solutions are provided for developers. | 2013 | Bellevue, Washington, United States | USD 332.75 M | – | 350 | |
Cloud security posture management solutions are provided by the platform. | 2000 | Sunnyvale, California, United States | USD 54.2 M | USD 6.8 B | 14,140 | |
Digital workplace safety tools for inspections and audits are provided. | 2004 | Surry Hills, New South Wales, Australia | USD 297.93 M | USD 105.3 M | 506 | |
Compliance and risk management platform is offered to enterprises. | 2016 | San Francisco, California, United States | USD 504 M | – | 1,996 | |
Cloud-based tax compliance solutions are delivered for businesses worldwide. | 2004 | Seattle, Washington, United States | USD 342.97 M | USD 65.53 M | 1,623 | |
Hybrid cloud infrastructure solutions are delivered for business management. | 1977 | Austin, Texas, United States | – | USD 1.79 B | 8,890 | |
Cloud based identity governance and administration software | 2005 | Austin, Texas, United States | USD 26.65 M | USD 1.07 B | 2,740 | |
Online payment solutions are offered to consumers and businesses. | 1998 | San Jose, California, United States | USD 216 M | USD 31.79 B | 24,400 |
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Related news about Socly.Io
Complete news archive for SOCLY.io
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Frequently Asked Questions about SOCLY.io
SOCLY.io was founded in 2021.
SOCLY.io is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Manoj Kumar Shastrula is the current CEO of SOCLY.io. They have also founded this company.
SOCLY.io is a funded company, having raised a total of $355.16K across 3 funding rounds to date. The company's 1st funding round was a Angel Round of $30.52K, raised on Dec 2021.
SOCLY.io has 1 employees.
The primary company behind SOCLY.io, Socly Solutions Private Limited, reported revenue of ₹3.99 Cr for FY 2024, up 644% year on year.
SOCLY.io was founded in 2021 and is based in Bengaluru, India. Operations focus on the data privacy sector, where a platform is offered to assist SMEs and startups in achieving SOC 2 readiness. Services include real-time security posture visibility, actionable insights, and automated evidence collection. The platform is designed to streamline compliance processes without delays.
SOCLY.io's top competitors include BigID, Sourcepoint and Metomic.
SOCLY.io offers Compliance Automation Platform.
SOCLY.io has 48 investors. Key investors include Zerotwox Venture Partner, Sridhar Bhanusree, Harikrishnan, Pranjal Pradeep Kothawade, and Habib.
The valuation of SOCLY.io is $1.62M as of Oct 2022.
SOCLY.io operates through Socly Solutions Private Limited.