Strac

Bellevue, United States Founded: 2021 • Age: 5 yrs
Provider of tools for data security
Annual revenue - Latest available
Total funding $3.6M 2 rounds
Employees - Tracked headcount
Investors 6 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Strac

Strac is a company based in Bellevue (United States) founded in 2021 by Aatish Mandelecha. Strac has raised $3.63 million across 2 funding rounds from investors including Wayfinder Ventures, FUSE and Y Combinator. Strac operates in a competitive market with competitors including Informatica, Seclore, Intralinks, Nexla and BigID, among others.

  • Headquarter Bellevue, United States
  • Founders Aatish Mandelecha
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.63 M (USD)

    in 2 rounds

  • Latest Funding Round
    $3.5 M (USD), Seed

    Jul 21, 2022

  • Investors
  • Employee Count
    Not available
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People of Strac

Headcount 1-10
Employee Profiles 3
Employee Profiles
People
Aatish Mandelecha
Founder
People
Andrew Chambers
Founding Account Executive
People
Hans Hermans
Founding Engineer

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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.

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.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Software startups are invested in by FUSE venture capital fund.
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Early-stage startups are accelerated via funding and educational programs.
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Venture capital fund focused on seed-stage investment in multiple sectors
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Investor details for Strac

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

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Investments & Acquisitions by Strac

Investments
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Investment portfolio details for Strac

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Strac

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Detailed financials for Strac

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  • Profit trends
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Strac Comparisons

Strac Primary company
Description
Provider of tools for data security
Location
Bellevue, United States
Founded Year
2021
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Strac

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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  • Operating benchmarks

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Competitors of Strac

Strac 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, Intralinks, Nexla and BigID, among others.

Company Name Domain Founded year HQ Location Description
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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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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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Cloud-based platform for data privacy management software is provided.
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Big data platform for security and privacy is provided.
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Detailed competitors of Strac

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  • Domains and locations
  • Full company profiles
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  • Competitive positioning

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Latest news on Strac

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Complete news archive for Strac

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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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 current CEO of Strac. They have also founded this company.

Strac is a funded company, having raised a total of $3.63M across 2 funding rounds to date.

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, BigID and Intralinks.

Strac has 6 investors. Key investors include Wayfinder Ventures, FUSE, Y Combinator, Liquid 2 Ventures, and Rogue Capital.

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