# Predict Data

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/predict-data

- Industry: Software
- Headquarters: New York, US
- Website: www.polymerhq.io
- Total disclosed funding: $5.9M
- Latest round: Seed (Dec 13, 2021)
- Investors on record: 10

## About

Based in New York, Polymer Solutions, Inc. specializes in Data Security Posture Management, focusing on enhancing data security for organizations leveraging artificial intelligence in software development.Polymer Solutions, Inc. was founded in 2020 and operates out of New York, US. The company focuses on providing advanced data security solutions, particularly through its DSPM platform. The founding team includes Usman Malik and Yasir Ali, with Yasir Ali serving as the CEO. The company has engaged in four financing deals, with its latest round occurring on October 23, 2023, which raised USD 1.69 mn, completing a total amount raised of USD 1.69 mn.Polymer offers a comprehensive Data Security Posture Management (DSPM) platform designed specifically for organizations leveraging artificial intelligence (AI) within their software development life cycle. The core of Polymer's offerings includes advanced data loss prevention (DLP) solutions that provide real-time visibility into data flows while ensuring robust governance and compliance frameworks. Their platform utilizes machine learning techniques to track data movement, monitor changes, and detect risks, enabling organizations to proactively manage threats before they escalate into breaches. By focusing on contextual risk identification, Polymer facilitates human risk management, allowing business users to play an active role in data security through risk scoring and real-time nudges. The platform serves a diverse clientele, including industries such as healthcare, financial services, and insurance, with geographical markets spanning North America and Europe. Major clients leverage Polymer's solutions to enhance data security across collaborative cloud applications like Google Drive, Microsoft Teams, and Slack.Polymer's revenue structure is primarily based on a subscription model, where clients pay for access to their DLP and DSPM services on a recurring basis. This model allows companies to integrate Polymer's solutions into their existing IT infrastructure seamlessly, ensuring ongoing support and updates. Specific pricing plans are tailored to the needs of different organizations, with options that accommodate both small enterprises and large corporations, particularly those in regulated industries. The firm emphasizes its commitment to compliance with standards such as SOC 2, HIPAA, and GDPR, which reinforces the value proposition of its services in meeting stringent regulatory requirements. By providing a suite of tools that facilitate data protection and risk management, Polymer maintains its focus on delivering enterprise-level security solutions that align with the operational needs of its clients.In November 2023, Polymer Solutions, Inc. raised USD 1.69 mn in venture funding as part of a larger USD 3 mn venture funding round. The company plans to utilize this funding to enhance its existing DSPM platform and develop new products aimed at improving data security and compliance solutions. Additionally, Polymer is targeting expansion into European markets, with plans to increase its presence and customer base in that region by the end of 2024.

## Funding rounds

- Seed, Dec 13, 2021, $4M — Inspiration Ventures, Indicator Ventures, Green Egg Ventures, Story Ventures, Tensility Venture Partners, Motivate Venture Capital, Maccabee Ventures, Studio Ventures
- Seed, Mar 30, 2021, $1M — Inspiration Ventures, 10X Venture Partners, Forum Ventures, Tensility Venture Partners, Motivate Venture Capital
- Seed, Dec 18, 2020, $0.9M — Inspiration Ventures, Tensility Venture Partners, Motivate Venture Capital

## Investors

- Inspiration Ventures (https://capitalatlas.ai/funds/inspiration-ventures) — Seed
- Tensility Venture Partners (https://capitalatlas.ai/funds/tensility-venture-partners) — Seed
- Motivate Venture Capital (https://capitalatlas.ai/funds/motivate-venture-capital) — Seed
- 10X Venture Partners — Seed
- Forum Ventures (https://capitalatlas.ai/funds/forum-ventures) — Seed
- Indicator Ventures (https://capitalatlas.ai/funds/indicator-ventures) — Seed
- Green Egg Ventures (https://capitalatlas.ai/funds/green-egg-ventures) — Seed
- Story Ventures (https://capitalatlas.ai/funds/story-ventures) — Seed
- Maccabee Ventures (https://capitalatlas.ai/funds/maccabee-ventures) — Seed
- Studio Ventures — Seed