Cytrio
Financials
Estimates*
USD | 2021 | 2023 |
---|---|---|
Revenues | <1m | 1.4m |
Date | Investors | Amount | Round |
---|---|---|---|
N/A | $350k | Angel | |
N/A | $2.0m | Debt | |
$3.5m | Seed | ||
N/A | $3.0m | Seed | |
Total Funding | €6.2m |
Recent News about Cytrio
EditCYTRIO is a company that specializes in data privacy compliance software. It helps businesses comply with various data privacy laws such as CPRA (California Privacy Rights Act), CCPA (California Consumer Privacy Act), and GDPR (General Data Protection Regulation). These laws require companies to manage and protect personal data, and CYTRIO provides tools to make this process easier and more efficient.
CYTRIO's software offers features like DSAR (Data Subject Access Request) intake and automated response workflows. This means that companies can handle requests from individuals who want to know what personal data is being held about them, or who want to exercise their privacy rights, in an automated and streamlined manner. The software also includes consent and preference management, allowing businesses to collect and manage user consents in compliance with the law.
The company serves a variety of clients, including those in sectors like technology, retail, and finance, who need to comply with stringent data privacy regulations. CYTRIO operates in the data privacy compliance market, which is growing rapidly due to increasing regulatory requirements and consumer awareness about data privacy.
CYTRIO's business model is based on a software-as-a-service (SaaS) approach. This means that clients subscribe to use their software, typically paying a recurring fee. The company offers a free signup option, which likely serves as a way to attract new customers who can then upgrade to paid plans for more advanced features.
CYTRIO makes money by charging these subscription fees, which can vary based on the level of service and the size of the client. By automating complex compliance tasks, CYTRIO helps its clients save time and reduce the risk of costly fines for non-compliance.
Keywords: Data Privacy, Compliance Software, CPRA, CCPA, GDPR, DSAR Management, Consent Management, SaaS, Automated Workflows, Regulatory Compliance.