# Profian

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

- Industry: Software
- Headquarters: Raleigh, US
- Website: www.profian.com
- Total disclosed funding: $5M
- Latest round: Seed (Sep 30, 2021)
- Investors on record: 2

## About

Profian Inc. specializes in Confidential Computing solutions that encrypt sensitive data in public cloud environments, providing robust security for enterprises across regulated industries.Founded in 2021 and headquartered in Raleigh, US, Profian Inc. focuses on providing cloud security solutions. The company has engaged in one investment deal, raising USD 5.00 mn in Seed funding on September 30, 2021, led by Illuminate Financial and Project A Ventures.Profian’s core offering is its Confidential Computing solution, designed to encrypt sensitive data while in use within public cloud environments. This solution serves as a robust security framework that facilitates the secure handling of data and applications, especially for industries with stringent regulatory requirements. By leveraging trusted hardware environments and user-specific access permissions, Profian enables organizations to conduct cloud-based operations without exposing sensitive information to cloud providers, malicious actors, or compromised workloads. The solution is particularly beneficial for regulated industries, allowing never-before-hosted workloads to capitalize on the scalability and cost-effectiveness of public cloud deployments. Profian's target customer base includes enterprises across various sectors that require secure data collaboration, including governmental agencies, financial institutions, and healthcare providers. The products are marketed primarily to North America and Europe, where the demand for advanced cloud security solutions is growing rapidly.Profian's revenue model is primarily based on subscriptions for its Confidential Computing services, which allow organizations to implement secure environments for handling sensitive workloads in the cloud. Clients typically engage with Profian through a B2B structure, entering into agreements that outline the scope of deployment and ongoing support services. The flagship service, Profian Assure, is integral to this model and provides clients with both the necessary infrastructure and compliance attestation to meet regulatory standards. Clients may also access additional resources and tools bundled within their subscription plans, enhancing their overall data security posture. The pricing structure is designed to accommodate varying needs, reflecting the complexities of the deployment and the specific requirements of each client, ensuring that enterprises can effectively manage risks associated with cloud computing.Profian Inc. plans to utilize the USD 5.00 mn raised in Seed funding to develop a suite of open-source products and services around Confidential Computing, focusing on technologies that improve application security. The company aims to expand its market presence in both North America and Europe, targeting new clients within regulated industries. The funding will support the development and launch of these new offerings as they respond to the growing demand for secure cloud solutions.

## Funding rounds

- Seed, Sep 30, 2021, $5M — Project A, Illuminate Financial

## Investors

- Project A (https://capitalatlas.ai/funds/project-a) — Seed
- Illuminate Financial (https://capitalatlas.ai/funds/illuminate-financial) — Seed