Enprivacy, a promising newcomer in the data security and AI governance domain, has secured funding from 1337 Ventures, Malaysia’s leading early-stage venture capital firm. This investment is part of the 1337 Capital 1, a sector-agnostic fund dedicated to supporting early-stage startups from pre-seed to Pre-Series A stages.
The funding will accelerate Enprivacy’s mission to transform how businesses protect and manage data in an increasingly digital and AI driven landscape. Enprivacy provides proactive AI-powered solutions that go beyond compliance, fostering a culture of privacy and trust. The company targets sectors such as financial services, healthcare, gaming, retail and e-commerce amongst others, addressing critical challenges in data protection and security. “In today’s digital era, data is more valuable than ever, and the risks of data breaches are escalating,” said Bikesh Lakhmichand, CEO & Founding Partner of 1337 Ventures. “Enprivacy’s platform offers a new, unified, and comprehensive approach to tackling data leakage issues that threaten every company today.
With a visionary leadership team consisting of co-founders Ranuk Mendis and Nisha Paramjothi, and their innovative technology, Enprivacy is well-positioned to help organizations face evolving cyber threats. We are proud to support their journey and look forward to seeing the impact they create.”
The funds will enable Enprivacy to scale its operations, enhance its product offerings, and expand its reach across critical sectors. It will also fuel the development of AI-driven solutions to address the rising complexity of data management and security as the global data universe grows exponentially.
“We are excited to have the backing of 1337 Ventures, a venture capital firm known for empowering startups to achieve their full potential,” said Ranuk Mendis, Co-Founder and CEO of Enprivacy. “This investment validates our mission and strengthens our ability to redefine how businesses approach data privacy. Together, we aim to create a safer and more privacy-conscious digital future.”
Nisha Paramjothi co-founder and CFO said that the “Enprivacy story began with a vision to bridge the gap between data privacy, compliance and innovation. With Enprivacy, companies can unlock the full potential of AI while staying ahead of regulatory requirements and safeguarding what matters most: their data and their reputation”
Founded by industry veterans with experience at leading financial institutions and tech companies, the company combines expertise and cutting-edge solutions to address today’s most pressing data challenges.As part of its continued dedication to fostering innovative founders, 1337 Ventures continues to seek startups to fund via the 1337 Capital 1. Startups seeking venture capital funding and strategic guidance are encouraged to secure a spot at 1337 Ventures’ flagship Pitch Tuesday session by visiting https://1337.ventures/pitch-tuesday
