# Sher.ly

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sher-ly

- Industry: Software
- Headquarters: Palo Alto, US
- Website: www.sher.ly
- Total disclosed funding: $0.3M
- Latest round: Seed (Apr 1, 2014)
- Investors on record: 2

## About

Sher.ly Inc. delivers secure file sharing solutions that empower users and organizations to manage data efficiently, ensuring robust security protocols for seamless collaboration across devices.Founded in 2013 and headquartered in Palo Alto, US, Sher.ly Inc. specializes in secure file sharing and collaboration solutions. The company raised USD 0.15 mn in funding on July 4, 2014, as part of its growth strategy. There have been no reported pivots or structural changes since its inception, nor any known parent or subsidiary relationships.Sher.ly specializes in providing innovative solutions for secure file sharing and collaboration, targeting both individual users and organizations seeking efficient data management. The company's core product offerings revolve around a user-friendly platform that enables seamless sharing of files and folders across devices while ensuring robust security protocols. Released in recent years, Sher.ly’s services address the growing demand for privacy-conscious tools that facilitate teamwork in various settings, from small businesses to larger enterprises. The end users include professionals in sectors such as technology, education, and healthcare, where secure information exchange is paramount. The company's products are primarily marketed in North America and Europe, catering to a diverse customer base that values security and ease of use in their digital interactions.Revenue generation for Sher.ly is structured around subscription-based models, catering to both B2B clients and individual consumers. Clients typically engage with the service through various pricing plans that offer tiered access, depending on their specific needs for storage and features. These include offerings for personal use as well as enhanced packages aimed at small to medium-sized enterprises, which provide additional functionalities like advanced security settings and collaborative tools. Transactions occur directly between Sher.ly and its clients, ensuring a straightforward purchasing process. The flagship services focus on providing premium experiences for users who require reliable and secure file sharing capabilities, further solidifying Sher.ly's market position.In July 2014, Sher.ly Inc. raised USD 0.15 mn financing to support the development of new products and enhance their existing offerings. The company aims to expand into new markets across Asia and South America by the end of 2025, targeting sectors that increasingly require secure data management solutions. The recent funding will be utilized to bolster product development and marketing efforts in these regions, positioning Sher.ly for growth.

## Funding rounds

- Seed, Apr 1, 2014, $0.2M — Satus Venture
- Seed, Sep 1, 2013, $0.1M — Innovation Nest

## Investors

- Innovation Nest (https://capitalatlas.ai/funds/innovation-nest) — Seed
- Satus Venture (https://capitalatlas.ai/funds/satus-venture) — Seed