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Wayland, Massachusetts-based CYTRIO provides a SaaS-based data privacy rights management platform that automates identity verification, artificial intelligence-driven data discovery, classification, and response workflows for corporate security and privacy professionals. The software targets mid-market enterprises and small businesses, enabling these organizations to comply with complex regulatory frameworks such as CCPA, CPRA, CPA, and VCDPA without requiring dedicated internal privacy teams. Operating with an estimated 11 to 50 employees, the enterprise secured $3.5 million in seed funding during October 2021, reaching an estimated valuation of more than $10 million. This initial financing round was supported by a syndicate of institutional and angel backers, including recognizable investment firms such as Dreamit Ventures, Food Retail Ventures, and Rockwood Group. CYTRIO was officially founded in 2020 by executive leadership team members Vijay Basani, Pankaj Parekh, and Darshan Joshi.
CYTRIO has raised $3.5M across 1 funding round.
CYTRIO has raised $3.5M in total across 1 funding round.
CYTRIO has raised $3.5M in total across 1 funding round.
CYTRIO's investors include Darshan Joshi, Pankaj Parekh, Vijay Basani, Dreamit Ventures, Food Retail Ventures, Rockwood Group.
CYTRIO has raised $3.5M across 1 funding round. Most recently, it raised $3.5M Seed in October 2021.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Oct 12, 2021 | $3.5M Seed | — | Darshan Joshi, Pankaj Parekh, Vijay Basani, Dreamit Ventures, Food Retail Ventures, Rockwood Group | Announced |
