# Divebell

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.divebell.com
- Latest round: Seed (Jun 1, 2019)
- Investors on record: 1

## About

Divebell Inc. is a US-based company specializing in cloud-based software solutions that enhance data risk management through innovative technologies, addressing critical needs in various industries.Founded in 2019 by Ashish Shrowty and Vikram Shrowty, Divebell Inc. operates out of San Francisco, US. The company focuses on delivering cloud-based software solutions that enhance data risk management. In November 2023, Divebell Inc. was acquired by Exterro, a portfolio company of Leeds Equity Partners, Glendower Capital, and Coller Capital, further expanding Exterro's capabilities in artificial intelligence. The company has completed 2 funding deals, with the latest transaction occurring on November 1, 2023.Divebell Inc. offers a range of cloud-based software solutions dedicated to data risk management. Their products streamline processes such as e-discovery, digital forensics, and privacy governance, tailored for law firms, corporations, government agencies, and IT departments. Key offerings include advanced features for data management, compliance, and risk mitigation, effectively servicing clients across North America, Europe, and Asia-Pacific.Divebell Inc. generates revenue through a subscription-based model for its cloud solutions, providing clients with continuous access to their software offerings. This structure allows organizations to engage with Divebell's services based on their requirements while benefiting from ongoing updates and support.Following its acquisition on November 1, 2023, by Exterro, Divebell Inc. is set to leverage its enhanced artificial intelligence capabilities to accelerate product development and expand its market presence. The company plans to introduce new products designed for greater efficiency in data risk management. Additionally, Divebell aims to penetrate new geographic markets, with specific targets in Europe and Asia-Pacific by 2025. The recent acquisition will provide the necessary resources to support these initiatives, ensuring a robust growth trajectory.

## Funding rounds

- Seed, Jun 1, 2019 — K9 Ventures

## Investors

- K9 Ventures (https://capitalatlas.ai/funds/k9-ventures) — Seed