Sendmarc has raised a $7M funding round to protect companies from email phishing attacks.

 Companies globally have lost $10B due to business email compromise attacks.

• Sendmarc offers a platform that scans every new email that a user has in their inbox and tells them whether the email and any attachments are safe to open.
• The company claims it has over 1,000 customers and over $2M in revenue.
• Atlantica Ventures led this funding round, with participation from Allan Gray, E-Squared Ventures, Fireball Capital, Endeavor Catalyst, 4Di Capital, Endeavor Harvest, Alpha Private Capital, and Kalon Venture Partners.
• This is the company's first major funding round since its 2021 founding. 
• Sendmarc is based in South Africa.