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Feroot
Automated in-app self-service, real-time access to all gdpr subject access requests across all saas processors
About Feroot
Feroot Security provides a cybersecurity platform focused on protecting the client-side, or user-facing, components of web applications. The company was founded in Toronto, Canada, in 2017 by Ivan Tsarynny and Vitaliy Lim. Tsarynny, the CEO, has over two decades of experience in the IT industry and holds roles such as the OWASP Top 10 Client-Side Project Lead. Lim, the CTO, is a serial entrepreneur with a background in electrical and computer engineering and has been involved in white-hat hacking since the 2000s.
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The firm's business is centered on addressing the growing threats that target the user's browser, an area often overlooked by traditional server-side security. Modern websites heavily rely on third-party JavaScript for functionalities like analytics, advertising, and customer support, which creates vulnerabilities for attacks like Magecart, digital skimming, and formjacking. These attacks involve injecting malicious code into websites to steal sensitive user data, such as credit card details and personal information, directly from the user's browser. Feroot's platform is designed to give organizations visibility into this client-side attack surface by monitoring and controlling all JavaScript-based services and scripts running on their web applications.
Feroot generates revenue through a subscription-based model for its platform, which includes several products like Inspector, PageGuard, and the Feroot AI Platform. These tools provide automated scanning, real-time monitoring, and proactive defense to detect and block unauthorized script activities and data exfiltration. The platform helps businesses in sectors like e-commerce, financial services, and healthcare protect customer data, maintain brand trust, and comply with various data privacy regulations such as PCI DSS, HIPAA, and GDPR. The company has successfully raised a total of $13.5 million in seed funding, with an $11 million round led by True Ventures in February 2022 to accelerate product development and market expansion.
Latest news
Press, funding announcements and product moves mentioning Feroot.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SEED✓Equity / VC | Feb 2022 | $11M | $44M | True Ventures | ↗ |
| SEED✓Equity / VC | Jul 2021 | $2.4M | $9.6M | Kevin Patrick Mahaffey · Haystack · Oleg Rogynskyy · Scale Asia Ventures | — |
Growth signals
Latest recorded traffic for Feroot is 49K monthly website visits, up 32.4% over the last three months. Feroot's team grew 39.5% over the past year.
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed12 investors entered at this stage
Hedgewood
Y Combinator
Kevin Patrick Mahaffey
Haystack
Oleg Rogynskyy
Scale Asia Ventures
Preface Ventures
Zane Lackey
Tom Williams
StoneMill Ventures- HFHeron Rock Fund
True Ventures
Other known investors3 additional known investors
University of Toronto
Creative Destruction Lab
David Cain
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
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Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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