Privafy

Privafy

Cloud-native data-in-motion security service

Overview

Privafy provides cybersecurity for data in motion across networks, devices, and the cloud, delivered as a cloud-native security stack sold on a subscription basis to carriers, IoT providers, and enterprises. Data is routed through Privafy’s cloud-native stack, which replaces traditional security systems with an integrated service that protects data in transit and mitigates threats. The company differentiates itself by focusing on data-in-motion security delivered as a managed cloud service for telecoms and IoT, using patented protections to simplify deployment and lower costs. Its goal is to offer a scalable, easy-to-deploy security layer that continuously protects data in motion and generates recurring revenue through subscriptions.

About Privafy

Simplify's Rating
Why Privafy is rated
C
Rated C on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Company Size

51-200

Company Stage

Series A

Total Funding

$35.1M

Headquarters

Burlington, Vermont

Founded

2019

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Simplify's Take

What believers are saying

  • Privafy's website updated in 2026, signaling active commercialization and partner-led selling.
  • The SITE JV targets Saudi cybersecurity demand through a PIF-backed channel.
  • Monthly recurring revenue positioning fits carrier and enterprise procurement better than project-based security deals.

What critics are saying

  • No fresh funding since the $22 million 2020 raise; growth depends on operating cash.
  • SITE and Privafy's 2023 JV shifts execution to Saudi delivery, slowing global focus.
  • Zscaler and Palo Alto Networks already own adjacent cloud-security budgets, crushing standalone vendors.

What makes Privafy unique

  • Privafy sells cloud-native data-in-motion security, replacing fragmented network security stacks.
  • Its 2023 SITE JV localizes XDR in Saudi Arabia, extending beyond U.S. enterprise sales.
  • Micron Authenta collaboration gives Privafy embedded IoT security tied to device trust.

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Funding

Total Funding

$35.1M

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
Below Average

Industry standards

$15M
$8.2M
Discord
$13.1M
Privafy
$15M
Canva
$30M
Kalshi

Benefits

Health Insurance

Health Savings Account/Flexible Spending Account

Dental Insurance

Vision Insurance

Disability Insurance

Life Insurance

Dependent Care Flexible Spending Account

Employee Assistance Program

Domestic Partner Coverage

Growth & Insights

Headcount

6 month growth

-6%

1 year growth

-7%

2 year growth

-1%

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