# FileCloud

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

- Industry: Software
- Headquarters: Austin, US
- Website: www.getfilecloud.com/
- Total disclosed funding: $30M
- Latest round: Series A (Dec 14, 2021)
- Investors on record: 2

## About

FileCloud, based in the US, is a software company specializing in hyper-secure enterprise file sharing and synchronization solutions, enhancing collaboration and document management for businesses across various sectors.Founded in 2016 in Austin, US, FileCloud, part of CodeLathe Technologies Inc, develops innovative file sharing solutions. The company has pivoted towards enhancing security features to meet compliance standards in industries such as healthcare and finance. Manoj Mohandas is the founder and Ray Downes serves as the CEO. FileCloud has raised a total of USD 10.00 mn through 3 funding deals, including a Series A round of USD 30.00 mn led by Savant Growth with Kennet Partners participating, finalized on January 21, 2025.FileCloud’s primary offering is a hyper-secure enterprise file sharing and sync (EFSS) solution designed to enhance content collaboration and document management. The platform enables organizations to deploy FileCloud in various environments, including on-premises, hybrid, and cloud configurations. Notably, FileCloud supports compliance with key regulations such as HIPAA, GDPR, and ITAR, catering to industries that require stringent data security measures. The solution's features include secure file sharing, automation of document workflows, e-signatures, and the ability to manage large files, making it suitable for businesses in sectors like healthcare, finance, and government. FileCloud's client base includes service providers and educational institutions, primarily in North America, Europe, and the Asia-Pacific regions, who utilize the platform for streamlined operations and enhanced data governance.FileCloud generates revenue through a subscription-based pricing model that offers various tiers tailored to meet the needs of different customer segments. Clients can choose between FileCloud Essentials and FileCloud Advanced, with a minimum purchase requirement of ten licenses for Essentials and twenty-five for Advanced. The company’s revenue structure includes B2B transactions where service providers and enterprises engage in annual or monthly subscriptions for access to FileCloud’s services. These transactions often involve direct interactions between the company and its clients, with the potential for additional revenue generated from upselling customizable options and white-label solutions. The flexible pricing plans ensure that various organizational sizes and types can leverage FileCloud’s features effectively while maintaining control over their data management processes.In January 2025, FileCloud raised an undisclosed amount in growth capital funding from new investor Level Equity. The company plans to utilize this funding to enhance its go-to-market strategies and further develop its platform to meet the increasing need for secure, scalable, and compliant file-sharing solutions. Expansion plans include targeting new markets in Europe and the Asia-Pacific region by the end of 2025.

## Funding rounds

- Series A, Dec 14, 2021, $30M — Kennet Partners, Savant Growth

## Investors

- Kennet Partners (https://capitalatlas.ai/funds/kennet-partners) — Series A
- Savant Growth (https://capitalatlas.ai/funds/savant-growth) — Series A