# CYTRIO

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cytrio

- Industry: Software
- Headquarters: Boston, US
- Website: www.cytrio.com
- Total disclosed funding: $3.5M
- Latest round: Seed (Oct 12, 2021)
- Investors on record: 3

## About

CYTRIO, Inc. provides innovative data privacy compliance solutions, enabling organizations to efficiently manage user consent and respond to data subject access requests in accordance with global regulations.Founded in 2020 in Boston, US, CYTRIO, Inc. specializes in data privacy compliance. The company raised USD 3.5 mn in Seed funding on October 12, 2021, from DreamIt Ventures, Food Retail Ventures, and Rockwood Group, bringing the total amount raised to USD 3.5 mn, with a current valuation of USD 10.00 mn. The company was co-founded by Pankaj Parekh and Vijay Basani, who also serves as CEO.Cytrio offers a suite of data privacy compliance solutions designed to help organizations manage consent and respond to data subject access requests (DSARs) efficiently. Their core products include the Consent Manager and DSAR Manager, which facilitate the collection of user consents and enable organizations to manage data requests in compliance with various regulations such as GDPR, CCPA, and others. These tools are structured to support businesses in minimizing legal risks while enhancing user trust through transparent data practices. The company serves a diverse client base, including e-commerce platforms, digital service providers, and enterprises across numerous sectors looking to adhere to data privacy laws. Cytrio's solutions are marketed primarily in North America, Europe, and select regions in Asia-Pacific, ensuring compliance across varying legislative landscapes.Cytrio generates revenue through a subscription-based model, offering tiered pricing plans that cater to different organizational needs. Their pricing structure includes options such as Standard, Premium, and Enterprise plans, with respective costs of USD 20, USD 50, and USD 100 per month for individual users. Additionally, they offer agency plans starting at USD 3 per month per domain for service providers requiring multi-domain management capabilities. Clients engage in direct transactions with Cytrio, primarily through annual billing cycles, where they can opt for a substantial discount on yearly subscriptions compared to monthly payments. The combination of these subscription options allows Cytrio to maintain a steady revenue stream while providing tailored solutions that address the complexities of data privacy management.In October 2021, CYTRIO, Inc. raised USD 3.5 mn in Seed funding to help small and medium enterprises (SMEs) meet data privacy regulation demands. The company plans to utilize this funding to enhance its product offerings and expand into new markets, particularly targeting Europe and the Asia-Pacific region by 2023. New features and products are being developed to better serve the evolving needs of clients, although specific release dates have yet to be announced.

## Funding rounds

- Seed, Oct 12, 2021, $3.5M — DreamIt Ventures, Food Retail Ventures, Rockwood Group

## Investors

- DreamIt Ventures (https://capitalatlas.ai/funds/dreamit-ventures) — Seed
- Food Retail Ventures (https://capitalatlas.ai/funds/food-retail-ventures) — Seed
- Rockwood Group (https://capitalatlas.ai/funds/rockwood-group) — Seed