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PreVeil provides an end-to-end encrypted platform for secure email and file sharing, including PreVeil Drive and Email. Its technology uses military-grade encryption and a Zero Trust architecture, protecting sensitive data from breaches and insider threats. The platform incorporates a Compliance Accelerator, simplifying adherence to standards like CMMC, NIST, ITAR, and HIPAA, and integrates with existing email systems.
Co-founded in 2015 by Randy Battat (CEO), Sanjeev Verma (Chairman), and Raluca Ada Popa (CTO), PreVeil originated from a need for data protection. Their insight focused on securing sensitive information against cyber threats and regulatory demands. This drove the development of a solution ensuring data privacy through cryptography.
The company serves defense contractors and regulated industries such as aerospace, healthcare, and legal, handling Controlled Unclassified Information. PreVeil's mission offers an accessible path to data security and compliance. It empowers organizations with protection for communications and data, anticipating future security landscapes.
PreVeil has raised $27.0M across 2 funding rounds.
PreVeil has raised $27.0M in total across 2 funding rounds.
PreVeil has raised $27.0M in total across 2 funding rounds.
PreVeil's investors include Rick Essex, CRV, Spark Capital.
PreVeil is a Boston-based cybersecurity company that builds secure email and file-sharing tools with end-to-end encryption for enterprises, small teams, and individuals.[1][2][3] It serves businesses handling sensitive data—such as those needing CMMC, NIST 800-171, ITAR, HIPAA, and CJIS compliance—as well as law firms, public universities, and suppliers requiring protected communication insulated from phishing, ransomware, and server breaches.[3][5][6] PreVeil solves the problem of data breaches in traditional "taller walls" security by encrypting data on user devices, ensuring only intended recipients can access it even if servers or admins are compromised, while integrating seamlessly with tools like Outlook, Gmail, and Dropbox-like file storage.[1][2][4] Growth includes serving diverse sectors with military-grade security, hybrid work support, and reported revenue of $5.9 million, backed by investors like AIM13 since April 2021.[1][3]
PreVeil was founded by Randy Battat, an experienced tech leader with a BS in Electrical Engineering from Stanford, who previously served as President and CEO of Airvana from 2000 to 2014.[1] There, he scaled the startup into a global firm with over 400 employees, supplying wireless broadband infrastructure to carriers like Verizon and Sprint, and earning awards like Massachusetts CEO of the Year and New England Ernst & Young Entrepreneur of the Year.[1] The idea for PreVeil emerged from frustration with persistent data breaches despite heavy investments in server defenses; Battat aimed to deliver a new paradigm of end-to-end encryption that's usable for everyday business and personal communication.[2][4] Early traction built on this vision, with the company launching tools that work with existing email apps and achieving compliance-focused adoption in regulated industries.[5][6]
PreVeil rides the wave of zero-trust security and rising regulatory demands amid escalating ransomware, phishing, and supply-chain attacks, where traditional perimeter defenses fail daily.[2][4][5] Timing is ideal as frameworks like CMMC and NIST 800-171 mandate provable data protection for defense contractors and beyond, amplified by hybrid work and cloud proliferation exposing more endpoints.[5][6] Market forces favoring PreVeil include breaches costing billions annually and demand for easy, non-intrusive encryption that doesn't disrupt workflows—positioning it against Dropbox or Gmail add-ons lacking true end-to-end security.[1][3] It influences the ecosystem by enabling compliant, private networks for incident response and sensitive sharing, empowering regulated sectors to "retake control" of privacy in a post-breach world.[2][5]
PreVeil's trajectory points to expanded adoption in compliance-heavy verticals like defense, healthcare, and finance, with potential for AI-enhanced threat detection or broader integrations amid maturing zero-trust mandates.[4][5] Trends like quantum-resistant encryption and global privacy regs (e.g., evolving GDPR equivalents) will shape its path, alongside partnerships for enterprise scale. Its influence may grow by defining usable encryption standards, scaling from $5.9M revenue toward broader ecosystem resilience—reinforcing its founding mission to secure everyday communication against inevitable breaches.[2][3]
PreVeil has raised $27.0M across 2 funding rounds. Most recently, it raised $20.0M Series C in October 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Oct 25, 2022 | $20.0M Series C | Rick Essex | |
| Sep 1, 2019 | $7.0M Series B | CRV, Spark Capital |