# PreVeil

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

- Industry: Software
- Headquarters: Boston, US
- Website: www.preveil.com/
- Total disclosed funding: $27M
- Latest round: Series C (Jun 9, 2022)
- Investors on record: 3

## About

Based in Massachusetts, US, and founded in 2015 by co-founders Randall Battat (CEO), Sanjeev Verma, and Raluca Popa, Ph.D., PreVeil, Inc. operates as a provider of a secure email and file collaboration platform, offering military-grade encryption for defense contractors and organizations to protect sensitive data and ensure regulatory compliance. In June 2022, PreVeil, Inc. raised USD 20 million in Series C funding led by PSG Equity.

The company provides an encrypted email and file collaboration platform that offers end-to-end encrypted secure cloud storage and email services to various industries, such as aerospace, education, healthcare, legal, tax, and CPA. The platform's services include secure file sharing, email encryption, and compliance with regulations such as CMMC, NIST 800-171, ITAR, and DFARS. Additionally, the firm also provides services such as incident response and support from CMMC consultants and auditors.

The company generates revenue through a range of subscription packages, such as a basic plan for individuals with basic encryption, the Professional plan offering 5 TB of storage for USD 25 per month, and the Enterprises plan, which starts at USD 20 per user per month with 10 TB of storage and advanced security features. Additionally, Government Community Solutions offers custom pricing for FedRAMP AWS Gov Cloud, and SMEs can access CMMC compliance solutions starting at USD 249 per month for 3 users.

## Funding rounds

- Series C, Jun 9, 2022, $20M — PSG Equity
- Series B, Sep 17, 2019, $7M — Spark Capital, Presidio Ventures
- Series A, Mar 27, 2018 — Spark Capital

## Investors

- Spark Capital — Series A, Series B
- Presidio Ventures (https://capitalatlas.ai/funds/presidio-ventures) — Series B
- PSG Equity (https://capitalatlas.ai/funds/psg-equity) — Series C