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Cybersecurity Startup Protexxa Raises $4 Million In Seed Funding To Protect Businesses And Individuals Online As Cybercrime Accelerates

Oct 27, 2022over 2 years ago

Amount Raised

$4 Million

Round Type

seed

TorontoCyber SecurityMachine LearningSaasArtificial Intelligence

Description

Cybersecurity startup Protexxa today announced it has raised CAD$4 million in seed funding. The company, which launched at an intimate event earlier this month, aims to address the risk to businesses resulting from gaps in personal cybersecurity for both companies and individuals. Its seed funding round was led by BKR Capital, which makes transformational investments in disruptive companies and promising Black technology founders. The Firehood Angels and several angel investors, including Jeff Fettes, Annette Verschuren, and Leen Li also participated in the round

Company Information

Company

Protexxa

Location

Toronto, Ontario, Canada

About

Protexxa is a B2B SaaS cybersecurity startup that connects the dots between personal cyber hygiene and business risk. Using artificial intelligence (AI), the Protexxa platform rapidly identifies, evaluates, predicts, and resolves common cyber issues. With a key focus on prevention and increasing global cyber literacy, Protexxa also offers personalized training and consulting for companies worldwide. For additional information, visit protexxa.com.

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