# Two Hat Security

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/two-hat-security

- Industry: Software
- Headquarters: Kelowna, Canada
- Website: www.twohat.com
- Total disclosed funding: $1.6M
- Latest round: Seed (Jun 28, 2016)
- Investors on record: 1

## About

Two Hat Security Ltd. specializes in AI-driven content moderation solutions, enhancing safety in online communities through advanced technology that identifies and manages user-generated content effectively.Founded in 2012 in Kelowna, Canada, Two Hat Security Ltd. offers AI-powered content moderation services. In November 2021, the company was acquired by Microsoft Corporation from investors including Inovia Capital, Makers Fund, Tam Holdings LLC, and Taubman Centers, Inc. The total amount raised by the company is USD 7.50 mn, with the most recent funding round occurring in November 2021, led by Tam Holdings LLC. The company has completed a total of 6 deals.Community Sift, the flagship product of Two Hat Security Ltd., provides an AI-driven platform for content moderation that ensures online community safety. The system leverages machine learning to process user-generated content in real-time, handling text, images, and videos while addressing language complexities. It offers tools to escalate issues to human moderators, reducing their workload significantly. The service is targeted at various businesses and online communities across North America, Europe, and Asia, promoting secure digital interactions.The revenue model for Community Sift is subscription-based, catering to the diverse needs of clients by offering multiple pricing tiers. Clients typically enter contracts for access to moderation features, which include customizable filters and risk sliders. Subscriptions can be adjusted based on evolving needs, with options for additional functionalities like optical character recognition and language support, ensuring that the platform serves a wide range of users in B2B and direct-to-consumer markets.Following the acquisition by Microsoft in November 2021, Two Hat Security Ltd. plans to leverage its resources to enhance product offerings and expand market reach. The company aims to innovate new features and expand into additional geographic regions, focusing on key markets in Europe and Asia by 2024. The recent funding will support these initiatives, enabling the company to enhance its platform capabilities and increase its footprint in the content moderation space.

## Funding rounds

- Seed, Jun 28, 2016, $1.6M — Inovia Capital

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed