Privado AI, founded in 2020, aims to "Bridge the Privacy Engineering Gap" by providing a cutting-edge privacy platform specifically designed for privacy and security industries. This United States-based company has established itself as a leader in automating compliance processes and mitigating privacy risks using advanced AI technologies.
By developing AI-native solutions, Privado AI automates the tasks of risk discovery, assessments, and building dynamic data maps to ensure comprehensive personal data visibility and eliminate manual errors. Their innovative platform features automatic audits for websites and mobile apps to verify consent compliance, thus reducing compliance risks.
The company recently raised a $14.00M Series A investment on 01 August 2022, backed by renowned investors such as Emergent Ventures, Insight Partners, Peak XV Partners, Sequoia, and Together Fund. This funding positions Privado AI strongly as it continues to address the growing challenges in the privacy and security sector.