About SydeLabs
SydeLabs is a Technology company based in San Francisco (United States) founded in 2024 by Ankita Kumari and Ruchir Patwa, and was acquired by Protect AI in July 2024. AI-based security and risk management solutions are offered for businesses. SydeLabs has raised $2.5 million across 1 funding round from investors including Protect AI, RTP Global and Picus Capital. Its chief executive, as recorded, is Ruchir Patwa. Its Indian entity Syde Labs Private Limited reported revenue of ₹1.00 Cr. Its focus areas include Enterprise Applications, GRC Software, Risk Management and IT Risk. Its competitors include Proofpoint, SecurityScorecard and Protect AI; 3 of its 3 listed competitors have raised funding.
Company details
Founded in 2024 and headquartered in San Francisco, United States, SydeLabs operates in the AI security sector. Solutions are provided to protect AI systems from attacks and abuse, with threat intelligence updates and low-latency support for applications. Risks of non-compliance are minimized, and business continuity is ensured through identification of vulnerabilities and adherence to regulatory requirements.
- Headquarters San Francisco, United States
- Founders Ankita Kumari, Ruchir Patwa
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Website sydelabs.ai
- Social LinkedIn X
- Acquired by Protect AI (Jul 2024)
- Legal Name Syde Labs Private Limited
- Date of Incorporation 22 Nov, 2023
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹1.00 Cr
FY 2024
- Indian entity net loss-₹3.8 Lakh
FY 2024 · -4% margin
- Indian entity EBITDA-₹2.2 Lakh
FY 2024 · -2% margin
- Total Equity Funding$2.5M (USD)
in 1 rounds
- Latest Funding Round$2.5M (USD), Seed
Mar 2024
- InvestorsProtect AI
& 4 more
- Acquired byProtect AI
(Jul 2024)
Associated legal entities of SydeLabs
SydeLabs operates through Syde Labs 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 |
|---|---|---|---|---|---|---|---|
| Syde Labs Private Limited CIN U62091KA2023PTC181296 | Active | 22 Nov 2023 | Bangalore, Karnataka | ₹1.0 Cr | 2 | View details |
Funding Insights of SydeLabs
SydeLabs has successfully raised a total of $2.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $2.5 million completed in March 2024. 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 $2.5M
- Total Rounds 1
- Last Round Seed — $2.5M
- First Round $2.5M
(Mar 2024)
- Investors Count 4
All 1 funding rounds of SydeLabs 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 |
|---|---|---|---|---|---|
| Mar 2024 | $2.5M | Seed | – | RTP Global |
5 investors in total: 3 institutional and 2 angel.
Investors in SydeLabs
SydeLabs has secured backing from 5 investors, including venture fund and angel investors. Prominent investors backing the company include Protect AI, RTP Global and Picus Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on early-stage technology companies | 2011 | rtp.vc | New York, United States | |
Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses | picuscap.com | Munich, Germany | ||
SS Sai Srinivas Kiran G | unknown_81f0875c70bd4bbab | |||
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_0900534f84e84cb8a | ||
AI-based security solutions for machine learning models are provided. | 2022 | protectai.com | Seattle, United States |
Investor details for SydeLabs
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Board of directors of Syde Labs Private Limited (SydeLabs)
Syde Labs Private Limited is the primary company behind SydeLabs. The board of Syde Labs Private Limited currently have 2 directors; the longest-serving is Ruchir Vijay Patwa, appointed in 2023.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Ruchir Vijay Patwa DIN 10401399 | Director | 22 Nov 2023 | 2 yrs 11 mo | Syde Labs Private Limited |
| Karishma Rajpal DIN 09327507 | Director | 22 Nov 2023 | 2 yrs 11 mo | Syde Labs Private Limited |
People of SydeLabs
2 people are tracked at SydeLabs (2 in leadership).
| Name | Role | Group |
|---|---|---|
Ankita Kumari | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership |
Complete people profiles for SydeLabs
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Financials of SydeLabs
Figures of Syde Labs Private Limited, the primary company behind SydeLabs, for FY 2024. Revenue was ₹1.00 Cr. Net loss was -₹3.8 Lakh (-4% margin). EBITDA was -₹2.2 Lakh (-2% margin).
- ₹1.00 CrRevenue · FY 2024
- -₹3.8 LakhNet loss · -4% margin
- -₹2.2 LakhEBITDA · -2% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Syde Labs Private Limited are on its company page.
Detailed financial statements for SydeLabs
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Timeline of SydeLabs
3 dated milestones of SydeLabs, from founding to its latest funding, stage changes and deals.
- Founded SydeLabs is founded.
- Funding First funding round of $2.5M.
- Exit Acquired by Protect AI.
Competitors of SydeLabs
SydeLabs has 3 listed competitors in our database, 3 of them funded. They include Proofpoint, SecurityScorecard and Protect AI.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| proofpoint.com | 2002 | Sunnyvale, United States | $86M | 2,649 | Enterprise cybersecurity solutions are delivered via a cloud-based platform. | |
| securityscorecard.com | 2013 | New York, United States | $292.12M | 199 | Cloud-based security ratings and cybersecurity risk solutions are offered. | |
| protectai.com | 2022 | Seattle, United States | $129.3M | AI-based security solutions for machine learning models are provided. |
Detailed competitors of SydeLabs
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Top companies in AI Core Platforms & Infrastructure
3 companies that operate in the same segment as SydeLabs (AI Core Platforms & Infrastructure) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 58.07 B | 11,115 | ||
AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 42,000 | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 136.81 B | 6,146 |
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Related news about Sydelabs
Complete news archive for SydeLabs
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Frequently Asked Questions about SydeLabs
SydeLabs was founded in 2024.
SydeLabs is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Ruchir Patwa is the CEO of SydeLabs, as recorded in our data. They have also founded this company.
SydeLabs is a funded company, having raised a total of $2.5M across 1 funding round to date. The company's 1st funding round was a Seed of $2.5M, raised on Mar 2024.
The primary company behind SydeLabs, Syde Labs Private Limited, reported revenue of ₹1.00 Cr for FY 2024.
Founded in 2024 and headquartered in San Francisco, United States, SydeLabs operates in the AI security sector. Solutions are provided to protect AI systems from attacks and abuse, with threat intelligence updates and low-latency support for applications. Risks of non-compliance are minimized, and business continuity is ensured through identification of vulnerabilities and adherence to regulatory requirements.
SydeLabs's top competitors include Proofpoint, Protect AI and SecurityScorecard.
SydeLabs has 5 investors. Key investors include Protect AI, RTP Global, Picus Capital, Sai Srinivas Kiran G, and Kunal Shah.
SydeLabs operates through Syde Labs Private Limited.
Yes. SydeLabs was acquired by Protect AI in July 2024.
The legal entities of SydeLabs currently have 2 directors, including Ruchir Vijay Patwa, Karishma Rajpal.