Tech Company Financing Transactions
Soveren Funding Round
Soveren closed a $6.5 million Seed venture capital round on 12/1/2021. Investors included Firstminute Capital, Airbnb and private investors.
Transaction Overview
Company Name
Announced On
12/1/2021
Transaction Type
Venture Equity
Amount
$6,500,000
Round
Seed
Investors
Firstminute Capital (Lead Investor)
private investors (Nikesh Arora)
Proceeds Purpose
Soveren will initially use the funds to expand its product team and to invest in sales and marketing.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
1811 Silverside Rd.
Wilmington, DE 19810
USA
Wilmington, DE 19810
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Empower Engineering and Security teams with automated detection and remediation solutions to manage personal data protection and compliance risks. Our founding team's prior experience has taught us that security software successfully addresses security threats, but has a limited impact on addressing privacy challenges.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Peter Fedchenkov
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC transactions reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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