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HomeFinTechProtexxa: Raises CA$4 Million in Seed Funding

Protexxa: Raises CA$4 Million in Seed Funding

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Protexxa Raises CA$4 Million in Seed Funding

  • Protexxa, a Toronto, Canada-base cybersecurity startup, raised CA$4M in Seed funding
  • The round was led by BKR Capital, with participation from The Firehood Angels, Jeff Fettes, Annette Verschuren, and Leen Li
  • The company intends to use the funds to build out the cybersecurity platform with assisted remediation technology, facilitate pilots with global customers, and prepare to scale its operations
  • The company is a B2B SaaS cybersecurity startup that connects the dots between personal cyber hygiene and business risk
  • Using artificial intelligence (AI), the platform identifies, evaluates, predicts, and resolves common cyber issues
  • The company is currently in the process of filing several patents

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