Cavelo Inc. Asset Profile

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Year established

2021

Location

Kitchener ON Canada

Primary Industry

Software

About

Founded in 2021 and based in Kitchener, Ontario, Canada, Cavelo Inc. operates cloud compatible data risk management platform intended to reduce cybersecurity risk in the company. The company was founded by James Mignacca, and in February 2021, the company received its first funding from Mark Morin and MaRS Investment Accelerator Fund for CAD 1.3 million. The company offers data discovery and cybersecurity protection intended to help businesses to discover uncovers sensitive data, access cloud services, classify personal information, get track of when sensitive data or Personal Information unexpectedly or accidentally, and can create custom policies and specific alerts for notification. The company's revenue is generated from proving solutions in cybersecurity management. Cavelo Inc. plans to expand its hiring efforts and platform development to meet customer demand across North America.

Current Investors

MaRS Investment Accelerator Fund, Inovia Capital, Graphite Ventures

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Primary Industry

Software

Sub Industries

IT Security/Cybersecurity, Monitoring & Security Software

Website

www.cavelo.com

Verticals

Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

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