# Siren

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

- Industry: Software
- Headquarters: Galway, Ireland
- Website: www.siren.io
- Total disclosed funding: $15M
- Latest round: Series A (Nov 14, 2019)
- Investors on record: 8

## About

Based in Ireland, Siren develops advanced investigative intelligence platforms that enhance data integration and analytics for sectors such as national security and compliance, enabling effective investigations through innovative solutions. Founded in 2014 and headquartered in Galway, Ireland, Siren specializes in investigative intelligence solutions that address the challenges of disparate data sources. The company was established by Renaud Delbru and has successfully executed 4 deals to date. Siren raised EUR 12 million in its latest funding round on February 23, 2023, from the European Investment Bank, bringing the total amount raised to EUR 12 million. Siren offers a comprehensive search-based investigative intelligence platform designed to enhance the efficiency and effectiveness of investigations across various sectors, including national security, public safety, fraud and compliance, and cyber threat management. The core of Siren’s offerings includes Siren Investigate™ and Siren Federate™, which allow users to merge classified and open-source information, thereby addressing the challenges of disparate data sources and outdated technologies in investigative processes. These platforms empower law enforcement and corporate security teams to streamline their investigations by providing powerful data analytics and visualization tools that support the analysis of vast amounts of data, such as digital forensics, electronic documents, and digital footprints. Siren's solutions are utilized by government agencies, law enforcement organizations, and corporations globally, particularly in North America, Europe, and the Asia-Pacific region. Siren’s revenue for the most recent year, 2021, was EUR 2,106,263.50. The company primarily operates on a subscription model tailored to various client needs, allowing organizations to access their investigative intelligence platforms and associated services. Clients typically engage in B2B transactions, subscribing to either Siren Investigate™ or Siren Federate™ based on their operational requirements. In February 2023, Siren raised EUR 12 million in venture funding, which will be used to enhance its platform, increase headcount by 50%, and expand brand awareness to a wider global audience. The company plans to launch new product features aimed at further improving investigative processes and intends to expand its presence in international markets, particularly targeting growth in Europe and North America over the next few years.

## Funding rounds

- Series A, Nov 14, 2019, $10M — Atlantic Bridge, Frontline, DVI Equity Partners, Enterprise Ireland
- Series A, Feb 7, 2017, $3.4M — Atlantic Bridge, Growing Capital, Sorint Lab Spa, Marzico Limited
- Seed, Dec 1, 2016, $1.6M — Atlantic Bridge, Enterprise Ireland, Frontline, Western Development Commission, Growing Capital

## Investors

- Atlantic Bridge (https://capitalatlas.ai/funds/atlantic-bridge) — Seed, Series A
- Enterprise Ireland (https://capitalatlas.ai/funds/enterprise-ireland) — Seed, Series A
- Frontline (https://capitalatlas.ai/funds/frontline) — Seed, Series A
- Western Development Commission (https://capitalatlas.ai/funds/western-development-commission) — Seed
- Growing Capital — Seed, Series A
- Sorint Lab Spa — Series A
- Marzico Limited — Series A
- DVI Equity Partners (https://capitalatlas.ai/funds/dvi-equity-partners) — Series A