Soveren analyzes real-time data flows inside an organization’s infrastructure to discover personal data and detect privacy risks, making it easier for CTOs and CISOs to recognize and address privacy gaps. The platform targets compliance with regulations such as GDPR and CCPA, addressing privacy challenges that traditional security tools often miss. Founder and co‑CEO Peter Fedchenkov says the idea grew out of his experience in e-commerce, where manual data protection proved complex and costly. Soveren launched from stealth with 10 lighthouse customers across software, e-commerce, travel, fintech and healthcare in North America and Europe. The company raised $6.5 million in seed funding and plans to use the proceeds to expand its product team and invest in sales and marketing as it pursues global expansion.

Total raised

$7M

Funding rounds

1

Latest round

Seed

Latest activity

Nov 2021