# Fyde

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

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.fyde.com
- Total disclosed funding: $3M
- Latest round: Seed (Apr 3, 2018)
- Investors on record: 2

## About

Fyde, Inc. provides advanced security solutions designed to enhance digital safety for enterprises. Their innovative approach streamlines secure access to applications and data, ensuring robust protection against cyber threats.Founded in 2017, Fyde, Inc. is headquartered in Palo Alto, US, and specializes in delivering advanced security solutions that ensure secure access to digital resources. The company has successfully completed two investment rounds; its most recent deal occurred on July 11, 2019, where it raised EUR 2 million, co-led by DNX Ventures and Vertex Ventures US, with participation from Bright Pixel, Portugal Ventures, and Wells Fargo. The total amount raised by the company is EUR 2 million, which was achieved in the latest funding round.Fyde, Inc. primarily focuses on delivering innovative security solutions that cater to the needs of its clients across various sectors. Its core offerings include advanced security software platforms that enhance data protection and streamline secure access to applications. These products are designed to address specific pain points such as cyber threats and data security challenges, with a clientele that spans multiple industries, including finance, healthcare, and retail, and a user base across North America and Europe.The company's revenue model is structured around a combination of subscription services and direct sales to clients, ensuring a stable and recurring revenue stream. Clients typically engage through tiered subscription plans that offer varying levels of access to Fyde's software products based on their specific needs, including custom integrations and premium support. The flagship products are priced competitively in the market, with direct transactions occurring through contracts that outline agreed service levels and deliverables, reflecting Fyde's commitment to customer satisfaction.Fyde, Inc. plans to leverage its recent funding of EUR 2 million, raised in July 2019, to enhance its product offerings and expand its market reach. The company is currently developing new security software products aimed at further improving digital safety, with plans for launch in the upcoming year. Additionally, Fyde intends to expand its services into new geographic regions, targeting markets in Asia and South America by 2024 to capitalize on the growing demand for security solutions. This strategic focus on innovation and market expansion underscores the company's commitment to addressing evolving security challenges.

## Funding rounds

- Seed, Apr 3, 2018, $3M — DNX Ventures, Vertex Ventures

## Investors

- DNX Ventures (https://capitalatlas.ai/funds/dnx-ventures) — Seed
- Vertex Ventures (https://capitalatlas.ai/funds/vertex-ventures) — Seed