Spotlight on: Cavelo


Developer of a data management platform intended to help businesses with data compliance. The company’s platform proactively reduces cybersecurity data risk and sync with automated data discovery, classification, and reporting, and its cloud-compatible data risk management platform continuously scans, identifies, and classifies sensitive data across machines, servers, and cloud applications, enabling companies to protect their data and simplify compliance reporting and risk remediation.

Most Recent Financing Status (as of 23-Jan-2023)

The company raised an undisclosed amount of venture funding from MaRS Investment Accelerator Fund and Graphite Ventures on April 1, 2022.

CEO: James Mignacca

HQ Location: Kitchener, Ontario, CA

Total Raised to Date: $1.3M

Employees: 17

Size Multiple: 4.99x Median (88rd percentile)

Institutional Investors:

  • Graphite Ventures
  • MaRS Investment Accelerator Fund

To learn more about Cavelo, visit their website or follow them on LinkedIn.

About the author

Kristin Calve

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