Congruity360 Announces Record Growth, Expands Global Partnerships and Secures New Financing

Congruity360, provider of AI-enabled data governance solutions, announced record-breaking momentum, highlighted by 110% revenue growth in FY24, strategic global customer expansion, and the addition of new channel and marketplace partnerships. The company also secured a new round of growth financing from Flow Capital, further fueling innovation and scale across its expanding customer and partner ecosystem.

“Businesses today have the critical responsibility of protecting their customers’, employees’, and company’s sensitive and proprietary information while growing a profitable business,” said Brian Davidson, CEO, Congruity360. “Our mission to be a trusted partner to our customers achieving and maintaining this standard, in a state of continuous evolution across data regulations, data growth, and the elevated profile from AI and key business objectives, remains unwavering. Our simple-to-use, heterogenous, intelligent unstructured data management platform brings IT, security, and compliance together, with data serving as the single source of truth, to make better informed decisions around spend and risk mitigation that affects a company’s entire P&L and security posture, not just individual departments and their stand-alone budgets. Data serving as the foundational layer to decision-making has proven to be the only way to do this. This year’s growth is a reflection of our incredible team, our customer-first approach, and the powerful impact of our platform.”

Record Growth and Global Expansion
Fueled by strong demand for its AI-enabled Classify platform, Congruity360 closed multiple seven-figure, multiyear contracts across industries including pharmaceuticals, legal, semiconductors, and insurance. The company added new enterprise clients in both the APJ and EMEA regions, expanding its international footprint and reinforcing its position as a global leader in unstructured data management and classification.

New Financing from Flow Capital
The company also announced a new investment round led by Flow Capital.

“Congruity360 exemplifies the kind of innovative, high-growth company we aim to partner with,” said Alex Baluta, CEO, Flow Capital. “Their leadership in AI-powered data governance, combined with a rapidly expanding global footprint and strong customer momentum, made this an ideal investment opportunity. We’re proud to support their next phase of growth and help scale their impact across the data security and compliance landscape.”

Strategic Channel and Marketplace Partnerships
Congruity360 unveiled several new partnerships designed to extend the reach and impact of its Classify platform:

• Blue Mantis: Congruity360 and Blue Mantis have partnered to deliver Classification as a Service (CaaS) to mid-market and enterprise clients.

  “As Blue Mantis’ business has steadily grown, so too have our client relationships as we have expanded our offerings well beyond traditional IT services,” said Josh Dinneen, CEO, Blue Mantis. “Our growing portfolio of mid-market clients relies on Blue Mantis to deliver measurable value while making AI deployment more practical and scalable while minimizing risk. We have been making investments in the AI and data enablement space both through our recent acquisition of SME Solutions Group – a leader in data analytics, business intelligence, and process automation services – as well as through important partnerships such as with Congruity360, which plays a critical role in powering our unstructured data management suite.”

• Solvd/Lumen: Partnering to deliver Smart AI data solutions powered by Congruity360.
• AWS Marketplace: Through a collaboration with Tackle.io, the Classify platform is now available via the AWS Marketplace, simplifying procurement and deployment for AWS customers.
• Loom Security and Access IT: New Data Security Posture Management (DSPM) partners enable deeper visibility and control across data estates.
• Deloitte: Congruity360’s integration into Deloitte’s Intelligent Breach Response application provides global event response coverage, accelerating containment and regulatory compliance.

Looking Ahead
With FY24 setting new records, Congruity360 is poised for continued growth. The company remains committed to empowering organizations with intelligent, efficient tools to manage and secure their data across hybrid, multicloud environments.