Future Unicorn🦄 #182: Privado

The Quild Future Unicorn highlights one future of work early-stage startup with statistically significant signals of becoming a unicorn.

Privado is a code scanning solution purpose-built for privacy that discovers personal data, use of data, data flows, leakages to logs & flags privacy issues in the code for GDPR violations or common weakness enumeration (CWE) vulnerabilities. Privado connects with source code management tools like GitHub and within minutes provides visibility into data flows to privacy teams which otherwise would have taken months of back & forth with product managers & developers.

Founders: Jasdeep, Prashant, Vaibhav 

Signals:

1. Repeat exit founders

   1. Jasdeep and Vaibhav founded a music service company Jukebox Studio

2. Venture-backed experience

   1. Prashan led engineering at PubMatic (NASDAQ: PUBM) for several years

3. Fast team growth

   1. Grew 1.8x YoY to 29 employees

4. Midas list investors

   1. Insight Partners co-led series A

   2. Sequoia co-led series A