Alcion

Alcion

Stealth-mode AI software solutions provider

Overview

Alcion.ai builds technology solutions in artificial intelligence, machine learning, and data analytics for businesses, with details kept private while in stealth mode. Its offerings are delivered as software products and related services, likely through subscriptions, one-time purchases, or consulting engagements. The solutions help clients solve complex problems by providing data-driven tools and services, though exact features are not disclosed publicly. The company differentiates itself by operating in stealth mode, focusing on private development and tailored solutions, while pursuing a goal of scalable technology-enabled value for clients and a supportive, well‑benefited remote-work culture for its employees.

Significant Headcount Growth

About Alcion

Simplify's Rating
Why Alcion is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

AI & Machine Learning

Company Size

1-10

Company Stage

Series A

Total Funding

$29M

Headquarters

San Francisco, California

Founded

2022

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People at Alcion who can refer or advise you

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Simplify's Take

What believers are saying

  • Veeam led $21M Series A in September 2023, validating growth strategy.
  • Alcion for Partners program simplifies MSP licensing and multi-tenant management.
  • ESG notes rising SaaS ransomware, boosting demand for Alcion's security features.

What critics are saying

  • Veeam launches competing AI Microsoft 365 backups, eroding Alcion's edge.
  • Rubrik expands SaaS backup, undercutting Alcion's MSP pricing immediately.
  • Microsoft integrates native ransomware recovery into 365, commoditizing Alcion by 2027.

What makes Alcion unique

  • Alcion delivers AI-driven BaaS exclusively for Microsoft 365 with ransomware detection.
  • Built on open-source Corso project integrating 365 Defender for proactive threats.
  • Founders Niraj Tolia and Vaibhav Kamra bring Kasten expertise acquired by Veeam.

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Funding

Total Funding

$29M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$21M
Alcion
$30M
Kalshi

Company News

The Business Journals
Sep 24th, 2024
Cybersecurity company Veeam acquires Bay Area startup while decreasing Columbus presence

A cybersecurity firm that moved its HQ out of Columbus has acquired a Silicon Valley startup.

Business Wire
Feb 13th, 2024
Alcion Modernizes Data Protection With New Ai-Driven Partner Program For Msps

SANTA CLARA, Calif.--(BUSINESS WIRE)--Alcion, the leading provider of AI-driven Backup-as-a-Service for Microsoft 365, announces the launch of Alcion for Partners - a Managed Service Provider (MSP) partner program, designed to empower MSPs with improved account visibility and problem solving capabilities. The new program aims to accelerate and modernize MSPs’ Microsoft 365 backup business while reducing management and procurement toil. By providing a security-oriented backup offering with simplified licensing, consolidated billing, and a new partner portal, MSPs and partners can monitor and manage multiple accounts from a single pane of glass. “Enterprise Strategy Group (ESG) research shows that ransomware attackers are turning their sights to cloud and SaaS services,” said Christophe Bertrand, practice director for data protection, data management, and analytics at ESG. “It has become critical for IT teams to have protection and recovery in place for their business-critical dependencies such as Microsoft 365. The robust AI-driven security and usability features found in Alcion’s data protection platform for Microsoft 365 will be critical for not just individual businesses but also for MSPs, as they look for help in tackling these problems, at scale, in large multi-tenant environments.”

Alcion
Feb 13th, 2024
Introducing Alcion for Partners: To MSPs with Love

Alcion is excited to announce the launch of Alcion for Partners - a program that empowers Managed Service Providers (MSPs) to supercharge their Microsoft 365 ecosystem offerings with modern AI-driven data protection that extends well beyond traditional backup and brings additional focus on security.

Channel Futures
Feb 13th, 2024
Alcion, 1Password, Drata Offer New Cybersecurity Partner Programs

Among the new cybersecurity partner programs, Alcion, a provider of artificial intelligence (AI)-driven backup-as-a-service for Microsoft 365, has launched a new MSP partner program designed to provide MSPs with improved account visibility and problem-solving capabilities.

SecurityWeek
Sep 19th, 2023
Alcion Raises $21 Million for Backup-as-a-Service Platform

Data management startup Alcion has raised $21 million in a Series A funding round led by Veeam to expand its market presence.

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