Companies / Cavelo
Cavelo
Cavelo is a defence and security AI company based in Kitchener-Waterloo, Ontario. It had raised C$10M as of November 2026, most recently a C$5M bridge round in July 2025 led by Inovia Capital.
Attack surface management with data classification ML.
cavelo.com- Category
- Defence/
Security AI - Status
- Active
- Disclosed raised
- C$10M
Funding history
| Round | Date | Amount | Investors |
|---|---|---|---|
| Bridge/Extension | Jul 29, 2025 | C$5M | Inovia Capital (lead) |
| Seed | Nov 8, 2023 | C$5M | Inovia Capital (lead); Graphite Ventures. C$5M all-equity, all-primary seed closed October 2023, announced Nov 8; led by new investor Inovia Capital with follow-on from Graphite Ventures and angels; Precedes the 2025 extension. |
Founders
- James Mignacca, Founder/CEO.
Also backed by
Investors listed on their own portfolio pages or in reported coverage. Round details are not tracked in the Index.
Sources
Data as of November 10, 2026.
