Privya

Privya

Verified
The hub for privacy management and privacy control programs across cloud-native environments. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$24—36m (Dealroom.co estimates Aug 2022.)
Tel Aviv-Yafo Tel Aviv District (HQ)

Financials

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Revenues, earnings & profits over time
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% growth-92 %
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DateInvestorsAmountRound
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$6.0m

Seed
Total Funding000k

Recent News about Privya

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Privya.ai is a cutting-edge startup specializing in privacy management and privacy control for cloud-native environments. The company offers a comprehensive solution that bridges the gap between engineering, privacy, and data protection teams. This ensures seamless compliance with existing and future privacy regulations such as GDPR (General Data Protection Regulation), CPRA (California Privacy Rights Act), and VCDPA (Virginia Consumer Data Protection Act).

Privya.ai serves a diverse range of clients, including large enterprises and organizations that handle significant amounts of personal data. These clients operate in various sectors, such as technology, finance, healthcare, and retail, where data privacy and compliance are critical.

The company operates in the privacy management market, which is becoming increasingly important as privacy concerns grow and regulations become more stringent. Privya.ai's business model is based on providing a software-as-a-service (SaaS) solution. This means clients subscribe to their platform, which offers continuous code scanning powered by artificial intelligence (AI). This AI-driven approach allows organizations to automatically identify and map where personal data is collected, used, and stored, even when third parties are involved.

Privya.ai makes money through subscription fees for its SaaS platform. Clients pay for access to the platform, which helps them eliminate costly manual processes, ensure compliance with privacy regulations, and protect against data breaches. By embedding privacy into every step of the development process, Privya.ai helps organizations maintain secure and compliant systems throughout their lifecycle.

In summary, Privya.ai is a game-changer in the field of data privacy compliance, offering an AI-powered, agentless privacy management solution that provides real-time visibility and control over personal data. This not only saves resources but also protects the reputation of organizations by ensuring they stay compliant with privacy regulations.

Keywords: privacy management, data protection, cloud-native, AI-powered, compliance, GDPR, CPRA, VCDPA, SaaS, real-time mapping.