Total amount raised
$43 Millions
Latest funding date
Location
Ketch has successfully raised funds through a Series A round, attracting notable investors such as Ridge Ventures and Silicon Valley Bank. The company focuses on providing a data control platform for programmatic privacy, data governance, and security.
Keep reading to explore the intricacies of Ketch's fundraising journey and the investors backing this innovative platform.
What Is Ketch?
Ketch, founded in 2020, is a data control platform specializing in compliance, data governance, information technology, privacy, and software. The company is headquartered in San Francisco, California, and has an employee count ranging from 51 to 100.
The founders of Ketch include Anton Winter, Chris Goldsmith, Maxwell Anderson, Seth Yates, Tom Chavez, Vivek Vaidya, and Yacov Salomon. The platform offers solutions for automating data privacy and security, helping businesses build consumer trust while leveraging data for operational and growth purposes.
How Much Funding Has Ketch Raised?
- Seed Round
- Amount Raised: Not publicly disclosed
- Date: November 2019
- Lead Investors: super{set}
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support the initial development and launch of Ketch's data control platform.
- Series A
- Amount Raised: $23M
- Date: March 2021
- Lead Investors: Acrew Capital, CRV
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To scale operations and further develop the data control platform.
- Series A1
- Amount Raised: $20M
- Date: September 2021
- Lead Investors: Acrew Capital
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand sales and go-to-market teams due to increased demand.
Total Amount Raised: $43M. Current Valuation: Not publicly disclosed.
Key Investors
- Acrew Capital
- Details: Acrew Capital is a venture capital firm that led Ketch's Series A and A1 funding rounds. Theresia Gouw, a founding partner, has over 20 years of experience in security and privacy investments.
- Investment Focus Areas: Security, privacy, technology.
- Notable Investments: Ketch, Exabeam, Chime.
- CRV
- Details: CRV, also known as Charles River Ventures, is a venture capital firm that participated in Ketch's Series A and A1 funding rounds. The firm has a long history of investing in early-stage technology companies.
- Investment Focus Areas: Technology, data privacy, software.
- Notable Investments: Ketch, Twitter, DoorDash.
- super{set}
- Details: super{set} is a startup studio founded by Ketch's co-founders, Tom Chavez and Vivek Vaidya. It focuses on building and investing in technology startups.
- Investment Focus Areas: Technology, data privacy, software.
- Notable Investments: Ketch, Clearbit, SafeGraph.
- Ridge Ventures
- Details: Ridge Ventures is a venture capital firm that participated in Ketch's Series A1 funding round. The firm focuses on early-stage investments in technology companies.
- Investment Focus Areas: Technology, enterprise software, data infrastructure.
- Notable Investments: Ketch, Discord, Fastly.
- Silicon Valley Bank
- Details: Silicon Valley Bank is a high-tech commercial bank that participated in Ketch's Series A1 funding round. The bank provides various financial services to startups and growth companies.
- Investment Focus Areas: Technology, life sciences, venture capital.
- Notable Investments: Ketch, Pinterest, Shopify.
What's Next for Ketch?
With $43 million in total funding, Ketch is poised to capitalize on the growing demand for data privacy and compliance solutions. The company plans to expand its sales and go-to-market teams, leveraging its robust platform to attract more enterprises seeking to ensure consumer trust and regulatory compliance. This expansion presents a significant opportunity for Ketch to increase its market penetration and customer base.
As the importance of data privacy continues to rise, Ketch is well-positioned for future fundraising opportunities. The successful Series A1 round indicates strong investor confidence, suggesting potential for additional funding rounds to further scale operations and enhance their platform. Strategic partnerships with industry leaders could also play a crucial role in Ketch's growth trajectory.
However, Ketch faces challenges such as navigating complex global privacy regulations and maintaining a competitive edge in a crowded market. Ensuring the scalability and robustness of its platform will be critical as the company grows. Despite these challenges, Ketch's innovative approach and strong market position make it a promising player in the data privacy landscape.
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