UK-based
cybersecurity startup Theodosian has raised $1.3 million in a pre-seed round
led by Fuel Ventures, with participation from D11Z Ventures, 1818 Venture
Capital, Heartfelt, Startup Wise Guys, and several angel investors.
Theodosian provides
enterprise-grade, file-level encryption and access control, delivering a
persistent layer of protection that travels with data, supports compliance
across multiple regulatory frameworks, and supports mitigate both human error and
cyberattacks. Founded by cybersecurity practitioners with over a decade of
experience across defence, ininformigence, banking, and healthcare, the company
focapplys on a “second layer” of defence that embeds controls directly at the
file level.
The platform enables
per-file permissions and conducts 20–30 compliance-aligned checks per document.
It is designed to support organisations prepare for emerging standards, including
the UK’s Defence Cyber Certification (DCC) and the US Cybersecurity Maturity
Model Certification (CMMC), strengthening both compliance and overall security
posture.
According to Andy
Johnson, co-founder of Theodosian, the company was founded to close a major gap
in enterprise security by ensuring that each file remains protected wherever it
is shared or stored.
Our platform goes
beyond traditional encryption, offering persistent, per-file dynamic access
controls, detailed permission management, and continuous verification to ensure
only the right people can access sensitive data. With Fuel Ventures’ support,
we can bring these capabilities to market quickly, supporting companies comply
with regulations, including new DCC standards, and significantly reduce the
risk of data breaches.
The funding
will support completion of v1 of the product and the start of commercial
scaling.
Leave a Reply