# Devron Corporation

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

- Industry: Software
- Headquarters: New York, US
- Website: www.devron.ai
- Total disclosed funding: $14M
- Latest round: Series A (Feb 1, 2022)
- Investors on record: 4

## About

Based in NY, US, and founded in 2020, Devron Corporation operates as the developer of a data science product platform intended to democratize machine learning in distributed silos. In February 2022, Devron Corporation raised USD 21 million in Series A funding led by Tiger Global Management, with participation from FinTech Collective and Essence Venture Capital.

The company's platform uses federated machine learning and privacy technologies that enable users to avoid the costs, time, and risks of duplicating data in centralized data stores. The company's platform provides solutions for various sectors including marketing, compliance and security, finance, operations, and others.

The company plans to use the Series A funds to accelerate the adoption of its innovative machine learning platform that enables businesses and governments to extract actionable insights from enterprise-wide, distributed data.

## Funding rounds

- Series A, Feb 1, 2022, $14M — Tiger Global Management, FinTech Collective, Afore Capital, Essence VC

## Investors

- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series A
- FinTech Collective (https://capitalatlas.ai/funds/fintech-collective) — Series A
- Afore Capital (https://capitalatlas.ai/funds/afore-capital) — Series A
- Essence VC (https://capitalatlas.ai/funds/essence-vc) — Series A