Klarytee Raises £700K Pre-Seed Funding

Immigrant-founded UK cybersecurity startup raises £700K pre-seed round from former Twitter CISO, Bupa, and Accenture bosses — TFN

Klarytee, a London-based startup providing a software platform for data security, has secured £700K in Pre-Seed funding led by Concept Ventures. The company aims to use the funds to expand its protection against data leaks in industries handling sensitive information. Klarytee's platform integrates encryption and access control into sensitive data, ensuring its security regardless of location. The company has developed an add-in for Microsoft Word that enables one-click encryption, decryption, and authentication, ensuring data security even when using cloud AI services like ChatGPT.

Klarytee Raises £700K Pre-Seed Funding for Data Security Platform

Klarytee is a London, UK-based provider of a software platform that builds security into the data itself for large organisations to handle sensitive information. The company provides businesses with encryption and access control which is built into their sensitive data to ensure that no matter where information goes it remains secure, with the organisation retaining complete visibility of who has access to it. The local Large Language Model (LLM) integrated into Klarytee scans for sensitive information and applies protection by default to ensure sensitive data cannot be exposed to unauthorised access, including cloud AI platforms such as ChatGPT. Klarytee graduated from Accenture Fintech Innovation Lab London as part of its 2023 cohort and is a Microsoft Partner, launching its first product as an add-in for Microsoft Office. As a Microsoft Partner, Klarytee has developed an add-in for Microsoft Word that can be directly integrated into the document workflow to enable one-click encryption, decryption and authentication. Once an authenticated user decrypts the data, it only exists within the memory of their device or application and is permanently erased once that app or device is closed. Customers are already using Klarytee in cases where organisations need to share sensitive information on a privileged basis, such as investment banking deal teams, or when leveraging SaaS and public cloud services such as generative AI.

Klarytee provides a software platform that builds security into data for large organisations to handle sensitive information.

2 years ago

Klarytee Raises £700K Pre-Seed Funding for Data Security Platform

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