# Cosmian Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cosmian-tech

- Industry: Internet
- Headquarters: Paris, France
- Website: www.cosmian.com
- Total disclosed funding: $6M
- Latest round: Seed (Jun 20, 2022)
- Investors on record: 5

## About

Cosmian Tech SAS is a data protection firm specializing in advanced cryptographic technologies that enhance data security and confidentiality in cloud environments.Founded in 2018 and headquartered in Paris, France, Cosmian Tech SAS focuses on delivering robust data protection solutions. The company has successfully raised EUR 4.2 million in SEED funding on June 20, 2022, with contributions from La Banque Postale, Elaia Partners, and Fiblac. The founders, Bruno Grieder and Sandrine Murcia, have played pivotal roles in shaping the company's vision and operational focus.Cosmian specializes in a comprehensive suite of data protection solutions, primarily focusing on advanced cryptographic technologies. The core offerings include Cosmian covercrypt, which has recently achieved ETSI standardization for data protection in the post-quantum era, and a Modern Key Management System (KMS) that provides centralized management of encryption keys across various applications. These products serve to secure data during operation and enhance confidentiality in public cloud environments, addressing significant concerns regarding data integrity and privacy. Key use cases include the protection of sensitive information in third-party applications such as Google Workspace and Microsoft Office, enabling businesses to ensure secure data sharing and compliance with data protection regulations. Cosmian's solutions are tailored for a diverse clientele, including enterprises utilizing cloud services across North America, Europe, and Asia, positioning them as a trusted partner in achieving robust data security.Cosmian's revenue model is structured around subscription-based access to its advanced encryption and key management services. Clients typically engage in direct transactions, where they subscribe to the data protection suite based on their organizational needs, which includes options for customized deployment in cloud environments. The company offers a tiered pricing plan reflecting the scale and complexity of implementation, allowing clients to choose from various packages that include flagship products like Cosmian covercrypt and the KMS. This transaction model enables enterprises to adopt advanced security measures without significant upfront capital expenditure, as costs are spread across the subscription term. The company works with a range of partners and stakeholders, including public cloud providers like Microsoft Azure, Google Cloud, and AWS, facilitating a seamless integration of its services into a client's existing infrastructure.Following the SEED funding round completed in June 2022, Cosmian Tech SAS plans to utilize the EUR 4.2 million raised to accelerate the development of its product offerings and enhance distribution channels. The company is currently designing new products aimed at expanding its suite of data protection solutions, with anticipated releases in the upcoming year. Additionally, Cosmian aims to enter new geographic markets, particularly targeting North America and Asia to broaden its client base. These initiatives are strategically aligned with the company's objective to enhance its market presence and meet the growing demand for data security solutions.

## Funding rounds

- Seed, Jun 20, 2022, $4.4M — Elaia Partners, La Banque Postale, Fiblac
- Seed, Mar 27, 2019, $1.6M — Elaia Partners, Acequia Capital, Financière de Blacailloux

## Investors

- Elaia Partners (https://capitalatlas.ai/funds/elaia-partners) — Seed
- Acequia Capital (https://capitalatlas.ai/funds/acequia-capital) — Seed
- Financière de Blacailloux — Seed
- La Banque Postale — Seed
- Fiblac — Seed