Sendmarc offers email impersonation protection to businesses and individuals, a service that is becoming increasingly important as cyberattacks targeting finances and identities become more common. The company has raised $7 million in Series A funding, with investors including InnoVentures and i- Ventures.
Sendmarc is a new email impersonation prevention startup that was founded in 2020 by CEO Sam Hutchinson, Keith Thompson and Sacha Matulovic. They are dedicated to solving the issue of email impersonation by helping businesses track their digital communications and protect their new customers from phishing scams.
Sendmarc is a company that assists its customers in securing their email domains and monitoring for attempted business email compromises. Their tech is based on email authentication methods, such as the Sender Policy Framework (SPF) and the Domain-based Message Authentication, Reporting, and Conformance (DMARC), global email security standards that protect domains against spoofing. Customers of Sendmarc have access to these same tools that implement, monitor and maintain these global email and domain security practices.
Matulovic’s company, Identity Finder, creates a software that helps businesses to access the SPF and DMARC protocols in order to stop their emails from being impersonated. This is important because it protects companies from being fooled by spoofed emails, which can cause them all sorts of headaches.
Matulovi is confident that Sendmarc can not only compete, but also excel in a global market with so few solutions tailored specifically for Africans. The startup is poised to fill the void in the safety space, as millions of businesses and individuals lack adequate safeguards against cyberattacks. With a team of experienced engineers and robust product development capabilities, Sendmarc has the potential to become a dominant player in this industry.
The CSO said that unlike their competitors, who concentrate on developing and manufacturing vaccines, Appetite has focused on refining go-to-market features for their products. This includes creating a streamlined distribution process that allows millions of people to receive needed vaccines easily and affordably.
As Sendmarc expands its software suite, it will focus on developing solutions to distribution problems. This area is critical as the company aims to serve up to 100,000 customers in the next five years. Sendmarc’s product suite includes solutions that protect against impersonation and other cyberattacks, which are becoming more common.
In light of the current regulatory environment in South Africa, companies are increasingly looking for a platform that can help them stay compliant and keep up with compliance requirements. With its sizable legal and financial institution client base, XRAY is well-positioned to meet this need. The company has also seen significant growth internationally, thanks to its focus on providing global regulatory compliance solutions.
Sendmarc is a South African company that provides online marketing services to small businesses. Atlantica Ventures led its Series A round of funding, and Fireball Capital, E-Squared Ventures, Endeavor Catalyst, Alpha Private Capital, and Kalon Venture Partners participated. The investment will be used to expand the company’s marketing services and to augment its team with additional experts in digital marketing.
The South African startup, Sendmarc, plans to use its new investment from Swiss private equity firm Braesia to increase sales and marketing resources in Africa, the United States, Europe and Latin America. Cybercrime continues to grow in importance for companies across the world, and Sendmarc plans to emphasize email security and domain protection in order to help them protect themselves from the harmful effects of email impersonation.
Digital security startups and solutions in Africa that address Cybercrime cost companies and governments billions of dollars annually, so Atlantica Ventures is supporting African startups that are focused on this growing issue. Sendmarc is an email and domain security startup founded by a talented team of engineers who have developed a product that is exceptional and we’re excited to back them as they continue to grow their business.
