# TapRoot Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/taproot-systems

- Industry: Software
- Headquarters: Morrisville, US
- Website: www.taprootsystems.com
- Total disclosed funding: $14M
- Latest round: Series B (Sep 12, 2005)
- Investors on record: 3

## About

TapRoot Systems Inc. specializes in developing advanced privacy solutions, primarily through its innovative browser aimed at enhancing user privacy and security during online activities.Founded in 2000, TapRoot Systems Inc. is based in Morrisville, US. The company focuses on providing privacy-centric technologies. It has successfully completed 3 deals, with its latest funding round being a VENTURE DEBT of USD 0.30 mn in January 2010, bringing the total amount raised to USD 6.50 mn.The company's core offering is the Privacy Shield Browser, a tool designed to enhance user privacy and security while navigating the internet. This browser integrates advanced privacy features that protect user data and browsing habits from third-party tracking and data breaches. It addresses use cases such as safeguarding personal information during online transactions and preventing unauthorized data collection. Launched in recent years, the Privacy Shield Browser has attracted a diverse clientele, including individual consumers seeking enhanced online security and organizations concerned about data protection compliance. The company markets its product primarily in North America and Europe, where privacy regulations are becoming increasingly stringent and consumer awareness around data privacy is growing.The company generates revenue through a subscription-based model for its Privacy Shield Browser, enabling users to access premium features at a recurring payment interval. This structure allows for predictable revenue streams as users commit to ongoing subscriptions for enhanced privacy protections. Customers can choose from various pricing plans tailored to their needs, including individual and family options, facilitating seamless access across multiple devices. The transaction process typically involves direct-to-consumer sales via the company’s online platform, ensuring a streamlined purchasing experience. Revenue is directly linked to the uptake of the Privacy Shield Browser, supported by the growing demand for reliable online security solutions in an increasingly digital world.TapRoot Systems Inc. plans to enhance its product offerings by designing new features for the Privacy Shield Browser aimed at improving user experience and security. The company is targeting expansion into markets throughout Europe and North America by 2025, in response to increasing demand for privacy solutions. The recent VENTURE DEBT funding of USD 0.30 mn will be utilized to support these new product developments and the expansion strategy, aiming to capture a larger share of the privacy technology market.

## Funding rounds

- Series B, Sep 12, 2005, $6.5M — Intersouth Partners, Mid-Atlantic Venture Funds, Harbert Management
- Series A, Apr 2, 2004, $7M — Intersouth Partners, Mid-Atlantic Venture Funds

## Investors

- Intersouth Partners (https://capitalatlas.ai/funds/intersouth-partners) — Series A, Series B
- Mid-Atlantic Venture Funds (https://capitalatlas.ai/funds/mid-atlantic-venture-funds) — Series A, Series B
- Harbert Management (https://capitalatlas.ai/funds/harbert-management) — Series B