TitanFile, a secure file sharing and collaboration platform used by law firms, financial institutions and government agencies, has received a minority investment from SEVA Growth LP.
This marks TitanFile’s first institutional funding, with the investment made via SEVA I LP. Financial terms have not been disclosed, but SEVA founder Shalin Mehta will join the company’s board of directors as part of the deal.
Founded in 2011, TitanFile offers an encrypted, cloud-based platform that enables professionals to share sensitive files and messages securely, supporting compliance and productivity in highly regulated industries.
The fresh capital will support the firm’s expansion in sales and marketing and speed up development of new technologies and products.
TitanFile CEO Tony Abou-Assaleh said, “This growth investment underscores our commitment to delivering unmatched customer value and being the best at secure file sharing and collaboration. With SEVA’s support, we’ll accelerate innovation to meet our clients’ evolving needs.
“We are excited to partner with Shalin and the rest of the SEVA team on TitanFile’s next stage of growth. SEVA is different from other growth equity partners given their hands-on, collaborative approach, deep understanding of our end market, and sole focus on serving high-growth, capital-efficient, founder-led businesses like TitanFile.”
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