Tech Company Financing Transactions
Cytrio Funding Round
Cytrio closed a $3.5 million Seed investment round on 10/13/2021. Investors included DreamIt Health, Food Retail Ventures and Rockwood.
Transaction Overview
Company Name
Announced On
10/13/2021
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Proceeds Purpose
Cytrio will use its $3.5 million seed raise to expand its team (from a headcount of 23 and expanding to more than 40 employees in the next 12 months), to validate its product and to achieve annual recurring revenue of more than $250,000.
Company Information
Company Status
Private & Independent
Industry
GovTech
Mailing Address
867 Boylston St. 5th Floor 1005
Boston, MA 02116
USA
Boston, MA 02116
USA
Phone
Website
Email Address
Overview
At CYTRIO we believe privacy is a fundamental human right, and that everybody should have control over their personal information no matter how it is collected, used, shared or where it is stored. CYTRIO is on a mission to help companies of all sizes meet the demands of data privacy regulations with easy to use solutions that deliver immediate value and build trust with their customers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Vijay Basani
Chief Technical Officer
Darshan Joshi
VP - Product Management
Pankaj Parekh
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Our team works diligently to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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