# Cavelo Inc.: Computer & network security, Kitchener, Canada

> Cavelo Inc.: Cavelo Inc. is a cybersecurity startup founded in 2020, based in Kitchener, Ontario, Canada. Based in Kitchener, Canada. Founded 2021.

Source: https://millionrounds.com/startup/cavelo-inc (Millionrounds; every figure on the page links to its filing or article)

Canada · [Computer & network security startup](https://millionrounds.com/companies)

# Cavelo Inc.

Cavelo Inc. is a cybersecurity startup founded in 2020, based in Kitchener, Ontario, Canada.

Funding reported Last round: Seed

Computer & network security Kitchener, Canada

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Company summary

- **Founded:** 2021 5 years old
- **Team:** 26 11 to 50 people
- **Funding reported:** 8.5M as listed, currency not stated
- **Last round:** Seed Nov 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Cavelo Inc. has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Cavelo Inc.

Cavelo Inc. is a cybersecurity startup founded in 2020, based in Kitchener, Ontario, Canada.

The company specializes in providing a cloud-compatible platform for Attack Surface Management (ASM) and Cyber Asset Attack Surface Management (CAASM). Their mission is to offer accessible and affordable solutions that help businesses manage cybersecurity risks and achieve compliance. Cavelo's unified platform, often referred to as the 360 platform, includes features such as data discovery and classification, asset visibility, identity access management, risk-based vulnerability management, compliance reporting, and configuration auditing. This comprehensive approach allows organizations to continuously scan and identify sensitive data, manage user access, and automate compliance processes, thereby simplifying governance and reducing cyber risk. The company primarily serves managed service providers, managed security service providers, virtual chief information security officers, and internal IT and security teams in Canada and the United States.

## What company datasets say Cavelo Inc. raised

Funding, as reported

Reported in all **8.5M** in the source's currency

Rounds **2**

Last round **Seed**

Last round size **3.7M**

Last round date **Nov 2023**

Investors listed **4**

## Founders and team

From Cavelo Inc.'s own website: 13 on the team.

- **James Mignacca** CEO
- **Larry Meador** Channel Chief
- **Scott Hamilton** CFO
- **Brendan Reekie** Head of Engineering
- **Matt Koivisto** Head of Product
- **Michael Maier** Head of Partner Success
- **Anoop Krishnakumar** Senior Software Engineer
- **Clay Lambert** Sales Development Team Lead
- **John Eagles** Senior Software Engineer
- **Katie Walford** Channel Account Manager
- **Mengdu Li** Staff Software Engineer
- **Paige Pinto** Operations Manager
- **Phil Guerin** Field Product Manager

## The company, in detail

What they build

Known for

custom classifiers low false positive detection data privacy policies continuous scanning computer & network security asset reporting compliance reporting information technology & services security monitoring automated data classification data security data privacy cloud security posture management risk-based vulnerability management data classification cybersecurity

Built with from their website

Google Tag Manager Amazon CloudFront YouTube Cloudflare DNS Zoom Meetings CloudFlare Viewport Meta LinkedIn Ads HTTP/3 GoDaddy Domains

+8 more

Amazon AWS Sendgrid Basin Webflow Hosting Microsoft Exchange Online CloudFlare CDN cdnjs Twilio SendGrid Email Marketing Campaigns

- **Sector:** Computer & network security
- **Industry code:** NAICS 51321, 541512, SIC 7375, 7372, 7371
- **Region:** Ontario
- **Revenue:** 2.1M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/cavelo)

## Computer & network security in Canada

Startups like it

- [**1Password** Toronto · founded 2005 *Raised*](https://millionrounds.com/company/1password)
- [**Corsa Security** Ottawa · founded 2013 *Raised*](https://millionrounds.com/company/corsa-security)
- [**HYAS** Vancouver · founded 2015 *Raised*](https://millionrounds.com/company/hyas)
- [**Figment** Toronto · founded 2018](https://millionrounds.com/startup/figment-4)
- [**Axelar Network** McNab/Braeside · founded 2020](https://millionrounds.com/startup/axelar-network)
- [**IntelliGO Networks Inc** Toronto · founded 2005](https://millionrounds.com/startup/intelligo-networks-inc)
- [**ISARA Corporation** Waterloo · founded 2015](https://millionrounds.com/startup/isara-corporation)
- [**Qohash** Quebec · founded 2018](https://millionrounds.com/startup/qohash)

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