# Geminare

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

- Industry: Software
- Headquarters: Toronto, Canada
- Website: www.geminare.com
- Total disclosed funding: $0.5M
- Latest round: Seed (Aug 18, 2010)
- Investors on record: 2

## About

Geminare Inc. delivers advanced cloud-based solutions focused on disaster recovery and business continuity, ensuring organizational resilience and data protection for various sectors, including finance and healthcare.Geminare Inc., headquartered in Toronto, Canada, was founded in 2006 and specializes in cloud-based disaster recovery solutions. The company has undergone strategic pivots to enhance its service offerings. In November 2021, Recovery Point Systems acquired Geminare from MaRS Investment Accelerator Fund and Ontario Centre of Innovation. The acquisition aims to bolster Recovery Point Systems' resiliency management platform. The company has raised a total of USD 0.48 mn, primarily during its SEED round, with its latest funding round concluding in November 2021.Geminare specializes in providing innovative cloud-based solutions tailored for disaster recovery and business continuity. Their core product offerings focus on ensuring data protection and operational resilience for organizations across various sectors. These solutions enable businesses to seamlessly recover and maintain their critical functions in the event of system failures or natural disasters. Their products are designed for enterprises looking to safeguard sensitive information and minimize downtime, catering primarily to industries such as finance, healthcare, and technology. Geminare's services penetrate multiple geographical markets, including North America, Europe, and parts of Asia, where they serve a diverse clientele ranging from small businesses to large corporations seeking robust data protection strategies.Geminare's revenue model is primarily structured around subscription-based services, allowing clients to access their disaster recovery solutions on an ongoing basis. Customers enter into agreements that typically involve recurring fees for the upkeep and enhancement of their systems, ensuring continuous support and updates. The pricing plans for their offerings are designed to accommodate various organizational needs, with flexible tiers that align with the size and complexity of the client's operations. This structure facilitates partnerships with businesses that require tailored solutions for their specific challenges in data management and recovery.Following the acquisition in November 2021, Geminare plans to enhance Recovery Point Systems' resiliency management platform. This integration will facilitate further expansion into new markets. The company aims to broaden its footprint in North America and explore opportunities in additional regions. The recent funding will support these initiatives by providing the necessary resources to develop new product offerings and bolster their market presence.

## Funding rounds

- Seed, Aug 18, 2010, $0.5M — Ontario Centre of Innovation, MaRS Investment Accelerator Fund

## Investors

- Ontario Centre of Innovation (https://capitalatlas.ai/funds/ontario-centre-of-innovation) — Seed
- MaRS Investment Accelerator Fund (https://capitalatlas.ai/funds/mars-investment-accelerator-fund) — Seed