# Senseon Tech

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/senseon-tech

- Industry: IT Security/Cybersecurity
- Headquarters: London, UK
- Website: www.senseon.io
- Total disclosed funding: $26M
- Latest round: Series A (Jul 6, 2021)
- Investors on record: 6

## About

Based in the UK, Senseon Tech Limited develops an innovative cybersecurity platform that leverages AI to enhance threat detection and response, optimizing security operations for businesses across various industries.Senseon Tech Limited is a cybersecurity firm that specializes in threat detection and response through its AI-driven platform. Founded in 2017 in London, UK, by David Atkinson and Jasneet Taak, the company has successfully raised GBP 14.70 million in its Series A funding round on July 6, 2021, led by Eight Roads Ventures. With a total of three deals, the company has garnered significant investor interest, including participation from Crane Venture Partners, MMC Ventures, and Winton Ventures. The current valuation of Senseon Tech Limited stands at GBP 69.55 mn, reflecting its growth potential and investor confidence.Senseon Technologies Ltd. offers the SenseOn Intelligence Cloud, a distinctive cybersecurity platform designed to tackle significant challenges in security management. This platform employs an AI-driven approach to streamline threat detection and response, effectively reducing the volume of irrelevant logs typically produced by traditional Security Information and Event Management (SIEM) systems. Key features include an intelligent data architecture that minimizes storage requirements by up to 60%, alongside AI agents that identify, investigate, and correlate incidents to deliver actionable insights. This comprehensive solution is aimed at enhancing the efficiency of security operations, making it highly relevant for global enterprises in North America, Europe, and Asia-Pacific.In the most recent fiscal year of 2023, SenseOn Technologies Ltd. reported a revenue of GBP 6,304,948.70, with an EBITDA of GBP -8,139,037.70. The company follows a subscription-based revenue model, allowing clients to access its cybersecurity platform and associated services through predictable pricing that scales according to their needs. The direct engagement with clients for services such as 24/7 threat hunting and incident response, coupled with dedicated analyst support, enhances their operational efficiency and user experience.Following its Series A funding round in July 2021, where GBP 14.70 million was raised, Senseon Tech Limited plans to utilize this investment to expedite research and development of new products while scaling its go-to-market capabilities. The company's growth strategy includes launching upcoming features and products designed to further enhance its cybersecurity platform. Additionally, Senseon Tech aims to expand its market presence into new geographic regions, specifically targeting opportunities in emerging markets by 2025.

## Funding rounds

- Series A, Jul 6, 2021, $20M — MMC Ventures, Eight Roads Ventures, Winton Capital, Crane Venture Partners
- Seed, Mar 13, 2019, $5.3M — Amadeus Capital Partners, MMC Ventures, Cyber London (CyLon), Crane Venture Partners

## Investors

- Amadeus Capital Partners (https://capitalatlas.ai/funds/amadeus-capital-partners) — Seed
- MMC Ventures (https://capitalatlas.ai/funds/mmc-ventures) — Seed, Series A
- Cyber London (CyLon) — Seed
- Crane Venture Partners (https://capitalatlas.ai/funds/crane-venture-partners) — Seed, Series A
- Eight Roads Ventures (https://capitalatlas.ai/funds/eight-roads-ventures) — Series A
- Winton Capital (https://capitalatlas.ai/funds/winton-capital) — Series A