Tinder founders Sean Rad and Justin Mateen have expanded their investment portfolio by contributing to the seed funding round for an incident response platform.
‘BreachQuest’ raised $4.4 million, which included significant input from Slow Ventures, an investment firm that has backed the likes of Venmo, Robinhood and Nextdoor. According to TechCrunch, Rad and Mateen were attracted to the company because of its “disruptive vision and world-class team”.
The main product from BreachQuest is its ‘PRIORI’ platform which helps technology businesses quickly and efficiently respond to breaches and prepare for potential issues.
The new funds will be put towards accelerating the development and rollout of the platform.
BreachQuest CEO Shaun Gordon explained in a statement: “BreachQuest was formed to do two things. First, to deliver an unparalleled incident response that minimizes downtime.
“Secondly, to develop PRIORI, a comprehensive platform which will re-engineer the incident response process and move incident preparedness into the future.”
Rad and Mateen have invested in a wide variety of different startups since they left the dating app, including an Australian men’s health service, a heavy machinery rental marketplace, and a daily charity donation platform.
The pair are also heavily involved in the ongoing founders’ lawsuit against Match Group and IAC which is due to go before the courts this November.
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