# Threatray

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

- Industry: Software
- Headquarters: Switzerland
- Website: www.threatray.com/
- Total disclosed funding: $2.3M
- Latest round: Seed (Jan 27, 2021)
- Investors on record: 5

## About

Threatray is a cybersecurity company focused on next-generation malware protection, utilizing artificial intelligence and machine learning to enhance detection and analysis for enterprise security teams.Founded in 2018 and headquartered in Switzerland, Threatray specializes in advanced malware detection. The company raised CHF 2 million in Seed funding on January 27, 2021, led by Verve Ventures, with participation from several investors. The CEO is Endre Bangerter, while Jonas Wagner is the founder.Threatray offers advanced malware protection solutions, including the Threatray Binary Intelligence Platform and Threatray Binary Intelligence for Endpoint. These products leverage AI and machine learning to improve malware detection and analysis, using innovative code search technology to identify threats that traditional methods may miss. Targeted at enterprise security teams, Threatray services clients across North America, Europe, and Asia.Threatray operates on a subscription-based revenue model, providing ongoing access to its malware detection solutions. The flagship products are supported by tiered pricing plans tailored to the client's needs, ensuring direct transactions and continuous updates as part of the subscription agreements.Following its recent Seed funding of CHF 2 million in January 2021, Threatray plans to utilize these funds for growth and expansion. The company is focused on launching new products that enhance its offerings and expanding into additional markets, although specific regions have not been detailed. This strategic growth is aimed at bolstering its position within the cybersecurity industry.

## Funding rounds

- Seed, Jan 27, 2021, $2.3M — Swiss ICT Investor Club, BackBone Ventures, Hammer Team, Innovationsstiftung der Schwyzer Kantonalbank, Verve Ventures
- Seed, Nov 9, 2018 — Swiss ICT Investor Club, BackBone Ventures

## Investors

- Swiss ICT Investor Club (https://capitalatlas.ai/funds/swiss-ict-investor-club) — Seed
- BackBone Ventures (https://capitalatlas.ai/funds/backbone-ventures) — Seed
- Hammer Team — Seed
- Innovationsstiftung der Schwyzer Kantonalbank (https://capitalatlas.ai/funds/innovationsstiftung-der-schwyzer-kantonalbank) — Seed
- Verve Ventures (https://capitalatlas.ai/funds/verve-ventures) — Seed