Feroot Security Inc.

Feroot Security Inc. delivers automated compliance and security solutions to help businesses meet various regulatory standards, ensuring data protection and mitigating risks associated with online tracking technologies. Founded in 2020 by by CEO Ivan Tsarynny and CTO Vitaliy Lim, Feroot, Inc. operates from its headquarters in Toronto, Canada.

In November 2025, Feroot, Inc. raised USD 14 million in series A funding led by True Ventures, with participation from Industry Ventures, Preface Ventures and Y Combinator also participated in the round. Feroot Security specializes in automated compliance and security solutions aimed at helping businesses adhere to various regulations, including PCI DSS, HIPAA, CCPA, and GDPR. Their core products include Feroot PaymentGuard AI for PCI DSS compliance, HealthData Shield AI for HIPAA compliance, AlphaPrivacy AI for privacy compliance, and CodeGuard AI for securing client-side web applications.

Feroot serves a wide array of industries from healthcare to e-commerce, providing solutions that protect sensitive user data and ensure regulatory compliance across North America, Europe, and select Asia-Pacific regions. Feroot Security generates revenue primarily through subscription-based models for its compliance and security products. Clients enter agreements for ongoing use of solutions like Feroot PaymentGuard AI and HealthData Shield AI, with scalable pricing options to accommodate businesses of various sizes. Transactions typically follow a B2B model structured as annual or monthly subscriptions, ensuring consistent revenue as clients rely on Feroot for compliance and protection.

The company will use the November 2025 funding to expand AI compliance capabilities, grow its go-to-market team, accelerate product development, and open offices for global expansion.