ComplyAdvantage founder backs UK-based cybersecurity startup in over half a million funding round

Cyber attacks and crimes are an ever-increasing threat in the tech world. When organisations fail to detect and block a cyber-attack, they can remain unaware that the attack happened for a considerable time. It has been estimated that it takes 206 days on average for a company to learn of a previously unprevented breach. 

Seedata.io, a London-based cybersecurity SaaS startup, tackles this long-standing problem in the industry, and now the startup has announced that it has picked up £640K in a pre-seed funding round. 

The investment round involved notable angels and VCs, including Charles Delingpole (Founder at ComplyAdvantage, MarketInvoice), Will Neale (Founder of Fonix, Grabyo), Tom James (co-founder at Intec Telecom Systems, IOCORE), Dr Chai Patel (Founder and former Chairman at HC-One, Court Cavendish), Dr Nicolaus Henke (Senior Partner at McKinsey, Chairman at QuantumBlack), Nicolas Hess (co-founder at Roboyo), Rahul Bhushan (co-founder at RizeETF), Konrad Habsburg (EMEA Head at Unqork), CyLon (cybersecurity VC) and Triple Point (VC).

The fresh funds will help seedata.io expand its development team and accelerate both the product roadmap and go-to-market strategy. 

Matt Holland (seedata.io co-founder & CTO) said: “The problem is, successful attacks typically aren’t detected by the techniques companies currently use, and without knowing you’ve been breached, you can’t do anything about it. Many attacks only get discovered when somebody external tells the victim organisation about it (a customer, law enforcement or a regulator, for example).” 

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