About Strac
Strac is a Technology company based in Bellevue (United States) founded in 2021 by Aatish Mandelecha. Provider of tools for data security. Strac has raised $3.63 million across 2 funding rounds from investors including Wayfinder Ventures, FUSE and Y Combinator. Its chief executive, as recorded, is Aatish Mandelecha. Its website strac.io draws about 22 thousand monthly visits. Its focus areas include Enterprise Applications, GRC Software, Compliance and IT Compliance. Its competitors include Informatica, Seclore and Intralinks; 2 of its 3 listed competitors have raised funding.
Company details
Strac was founded in 2021 and is headquartered in Bellevue, United States. Data security tools are offered by the company to protect customers sensitive personal identifiable information and protected health information. These tools operate across various platforms, including Office 365, Gmail, Slack, Zendesk, Intercom, and web applications. Tokenization and machine learning technologies are utilized to ensure data protection in communication flows.
- Total Equity Funding$3.63M (USD)
in 2 rounds
- Latest Funding Round$3.5M (USD), Seed
Jul 2022
- InvestorsWayfinder Ventures
& 5 more
Apps and channels of Strac
its YouTube channel Strac has 39 subscribers and 19 videos.
Videos from Strac
The most watched videos on Strac's YouTube channel, Strac (39 subscribers). Click a video to play it here.
More on Strac.
Funding Insights of Strac
Strac has successfully raised a total of $3.63M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $3.5 million completed in July 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 $3.63M
- Total Rounds 2
- Last Round Seed — $3.5M
- First Round $125,000
(Jun 2022)
- Investors Count 6
All 2 funding rounds of Strac 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 |
|---|---|---|---|---|---|
| Jul 2022 | $3.5M | Seed | – | FUSE | |
| Jun 2022 | $125,000 | Seed | – | Y Combinator | – |
6 investors in total: 6 institutional.
Investors in Strac
Strac has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Wayfinder Ventures, FUSE and Y Combinator.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Software startups are invested in by FUSE venture capital fund. | fuse.vc | Bellevue, United States | ||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
Venture capital fund focused on seed-stage investment in multiple sectors | liquid2.vc | San Francisco, United States | ||
Venture capital firm investing in multiple sectors | rogue.capital | San Francisco, United States | ||
Seed-stage investments in early B2B startups are made by Wayfinder. | 1996 | wayfinder.com | Stockholm, Sweden | |
Unshackled is operated by Pacific Garden Mission for radio broadcasting. | unshackled.org | Chicago, United States |
Investor details for Strac
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People of Strac
3 people are tracked at Strac (1 in leadership, 2 in team).
| Name | Role | Group |
|---|---|---|
Aatish Mandelecha | Founder & CEO | Leadership |
Andrew Chambers | Founding Account Executive | Team |
Hans Hermans | Founding Engineer | Team |
Complete people profiles for Strac
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Timeline of Strac
3 dated milestones of Strac across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Strac is founded.
- Funding First funding round of $125K.
- Funding Latest funding round, Seed, of $3.5M.
Competitors of Strac
Strac has 3 listed competitors in our database, 2 of them funded. They include Informatica, Seclore and Intralinks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| informatica.com | 1993 | Redwood, United States | 1,796 | Cloud based enterprise data preparation and management platform | ||
| seclore.com | 2008 | Milpitas, United States | $50.2M | 321 | Enterprise data security software is provided for digital asset protection. | |
| intralinks.com | 1996 | New York, United States | $130.65M | 789 | Secure inter-enterprise file sharing and collaboration are enabled. |
Detailed competitors of Strac
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Web traffic of Strac
The website of Strac (strac.io) receives about 21.9K visits a month.
- Monthly visits21.9K
▲ 7.3% vs previous month
Websites whose visitors overlap most with Strac. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| idox.ai | 100% | 71K | #585,567 | View details | |
| kitware.com | 94% | 126K | #364,393 | View details | |
| duplocloud.com | 90% | 29.5K | #1,035,755 | View details | |
| shaip.com | 89% | 185.3K | #260,263 | View details | |
| apryse.com | 88% | 288.8K | #193,967 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 30 similar websites and full traffic analytics for Strac
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Top companies in GRC, Risk & Compliance Software
3 companies that operate in the same segment as Strac (GRC, Risk & Compliance Software) in United States, 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 |
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Related news about Strac
Complete news archive for Strac
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Frequently Asked Questions about Strac
Strac was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Strac is headquartered in Bellevue, United States. It is registered at Bellevue, Washington, United States.
Aatish Mandelecha is the CEO of Strac, as recorded in our data. They have also founded this company.
Strac is a funded company, having raised a total of $3.63M across 2 funding rounds to date. The company's 1st funding round was a Seed of $125K, raised on Jun 2022.
Strac was founded in 2021 and is headquartered in Bellevue, United States. Data security tools are offered by the company to protect customers sensitive personal identifiable information and protected health information. These tools operate across various platforms, including Office 365, Gmail, Slack, Zendesk, Intercom, and web applications. Tokenization and machine learning technologies are utilized to ensure data protection in communication flows.
Strac's top competitors include Seclore, Intralinks and Informatica.
Strac has 6 investors. Key investors include Wayfinder Ventures, FUSE, Y Combinator, Liquid 2 Ventures, and Rogue Capital.