Protexxa offers an AI-powered platform, Protexxa Defender, that rapidly identifies, evaluates, predicts, and resolves common cyber issues by linking individual cyber hygiene to organizational risk. The platform gives employees and organizations a cyber health score, surfaces exposed passwords and online images, and delivers personalized training and consulting. Protexxa also provides tailored incident response plans to help teams recover faster after attacks. The company intends to use the new capital to fund engineering and data science work on the platform and to grow sales and marketing teams as it expands into global markets. Management is targeting the United States as its next major opportunity and is already seeing demand from financial, telecommunications, and healthcare institutions. To date Protexxa has raised $15 million in venture funding and is led by founder and CEO Claudette McGowan. Protexxa is a B2B SaaS cybersecurity startup that uses artificial intelligence to rapidly identify, evaluate, predict, and resolve common cyber issues by linking personal cyber hygiene to organizational risk. Its personalized cybersecurity protection platform includes assisted remediation, personalized training, assessment, and awareness plans and is being piloted across government, academia, and healthcare. The company emphasizes prevention and increasing global cyber literacy and also offers consulting services for companies worldwide. Protexxa was founded and is led by Claudette McGowan, former Global Executive Officer for Cybersecurity at TD Bank, and maintains an Advisory Circle of notable executives. The company recently launched at an intimate event, is in the process of filing several patents, and reports that 70% of its investors are women. Protexxa raised CAD$4 million in seed funding to build out the platform, facilitate pilots with global customers, and prepare to scale operations.

Total raised

$13M

Funding rounds

2

Latest round

Series A

Latest activity

Jul 2024