MONDATA
Mondata is a Quebec-based cybersecurity SaaS company that operates the MD.ECO platform, providing Microsoft 365 data governance (WeActis), 24/7 managed detection and response, and penetration testing services to enterprise and mid-market organizations across Canada.
- Company typePrivate
- Founded2018
- HeadquartersQuebec, Canada
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What MONDATA does
Mondata is a Quebec-based, privately held cybersecurity SaaS company founded in 2018 and operating under the legal entity Groupe Elucidia inc. (dba Mondata), with offices in Quebec City and Montreal. The company operates the MD.ECO software-as-a-service platform, through which it delivers three core services: WeActis (a Microsoft 365 data-governance product that scans OneDrive, Teams, and SharePoint to identify at-risk file shares and permission drift, then prompts end users to remediate), MDR (24/7 locally delivered, human-operated managed detection and response), and Pentests (offensive penetration testing). In June 2024, the company added a fourth offering, Proactive Cybersecurity, which is integrated directly with Microsoft Teams. Mondata also achieved ISO/IEC 27001:2022 certification in September 2025, reinforcing its enterprise procurement positioning.
The company serves enterprise and mid-market organizations in Quebec and Canada whose collaboration and data environments are built on Microsoft 365, with named reference customers in healthcare (Biron Groupe Santé) and hospitality (Germain Hotels). It monetizes primarily through subscription-based SaaS contracts on the MD.ECO platform, complemented by professional services for security consulting, incident response, and implementation. Pricing is not publicly disclosed and is delivered via custom quotes following direct sales engagement. The go-to-market combines enterprise field sales and inside sales with channel distribution through Mondata's Microsoft Cloud Solutions Provider status, AWS Partner Network membership, and TrendMicro integration, with content marketing, e-books co-branded with TechTarget, and active organic social presence supporting top-of-funnel demand generation.
Operationally, Mondata is in a scale-up phase: it raised $17 million CAD in June 2024 led by Fonds de solidarité FTQ with participation from Desjardins Group, transitioned from founder-led (Martin Berthiaume) to professional CEO leadership (Yves Eric Laliberté), and is investing in new product launches, compliance certifications, and channel expansion. Its geographic footprint remains Canada-centric with a Quebec stronghold, leaving national and international expansion as future-state opportunities.
MONDATA firmographics
Firmographics- Name
- MONDATA
- Legal name
- Groupe Elucidia inc.
- Website
- https://mondata.ai
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Mondata is a Quebec-based cybersecurity SaaS company that operates the MD.ECO platform, providing Microsoft 365 data governance (WeActis), 24/7 managed detection and response, and penetration testing services to enterprise and mid-market organizations across Canada.
- Ownership category
- akta.pro rank
MONDATA industry classification
Industry- Product category
- Cybersecurity Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Managed Detection & Response (MDR) (BPAEADAA)
- akta.pro secondary industries
- Data Security & Access Governance for Data (Entitlements/Policy Enforcement) (HDAEADAH), Data Governance Platforms (Policies, Stewardship, Workflows) (HDAEADAB), Data Security & Privacy Managed Services (DLP/Encryption) (BPAEADAL)
Keywords
Where MONDATA is headquartered
LocationHeadquarters
- HQ city
- Quebec
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
MONDATA business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Revenue model
- SaaS Subscription Services (MD.ECO Platform): Mondata delivers its core security and IT management solutions — including WeActis, MDR, and pentesting — through its MD.ECO SaaS platform on a subscription basis. Customers access the platform and its modules as a service, with recurring billing for ongoing access, monitoring, and support.
- Professional Services (Consulting & Implementation): Mondata provides professional services including security consulting, incident response, and implementation support alongside its SaaS products, complementing the recurring subscription revenue model.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing via direct sales engagement. |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels8 records
MONDATA product offering
Product offeringCore offering
MONDATA develops and operates MD.ECO, a SaaS cybersecurity platform that combines proprietary tooling with managed services for Canadian organizations. Its core offerings are WeActis (Microsoft 365 data governance and at-risk data discovery), MDR (24/7 locally delivered Managed Detection and Response), and Pentests (offensive penetration testing), with Proactive Cybersecurity for Microsoft Teams added in 2024. The platform scans and analyzes Microsoft 365 environments, monitors for threats continuously, and supports incident response and security posture improvement.
Product overview
Mondata operates as a unified cybersecurity platform delivering three core products: WeActis (a SaaS data security product for Microsoft 365 that discovers at-risk data and empowers employees to mitigate sharing risks), MDR (Managed Detection and Response with 24/7 human monitoring and incident response), and Pentests (offensive security testing). These products are delivered through the MD.ECO SaaS platform. The company also launched Proactive Cybersecurity in 2024, integrated with Microsoft Teams. Mondata's approach emphasizes breaking down organizational silos by uniting IT, security, operations, and business teams for sustainable cyber resilience.
Differentiator
Problem solved
Functional benefit
Brands
- WeActis: Product for discovering and securing at-risk data in Microsoft 365, providing visibility into overexposed data and enabling employees to reduce risks before AI amplifies them.
- MD.ECO
- Proactive Cybersecurity
Products and services
- WeActis SaaS product that discovers and secures at-risk data in Microsoft 365 by providing visibility into overexposed files, analyzing millions of file-level permission data points in real time, identifying share creators and resource owners, and sending contextual nudges so employees can revoke risky shares or adjust permissions without IT tickets. Targeted at organizations whose collaboration data is growing 55-65% annually and that face AI-amplified risk in M365 Copilot environments.
- MDR (Détection et réponse gérées / Managed Detection and Response) 24/7 locally delivered, human-operated managed detection and response service that continuously monitors customer environments, rapidly intervenes during incidents, and helps clients strengthen their security posture through continuous improvement. Differentiated from offshore MSSPs by local Canadian delivery and data sovereignty.
- Pentests (Tests d'intrusion) Penetration testing service using an offensive, hacker-inspired approach to simulate real-world attacks, detect technical and organizational vulnerabilities in client environments, and enable proactive remediation before incidents occur.
- MD.ECO The core software-as-a-service platform by MONDATA (operated by Groupe Elucidia inc.) that delivers IT management and security solutions, hosting products such as WeActis and supporting the delivery of MDR and other services.
- Proactive Cybersecurity New cybersecurity product launched in 2024 that integrates directly with Microsoft Teams to deliver proactive cybersecurity capabilities, supporting MONDATA's push to enhance offerings in Quebec and Canada.
Quantifiable outcome
- WeActis scans millions of file-level permission data points and generates real-time at-risk inventories for Microsoft 365 environments.
- +1 more outcomes
Companies that use MONDATA
Customer profileNamed customers2 records
Segments4 records
Ideal customer profiles2 records
MONDATA technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature4 records
MONDATA partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- MicrosoftcoreMicrosoft is a core technology partner. Mondata operates as a Microsoft Cloud Solutions Provider and integrates its security products (WeActis, Proactive Cybersecurity) directly with Microsoft 365, Teams, SharePoint, OneDrive, and M365 Copilot. The partnership is fundamental to Mondata's product architecture and GTM motion, with Microsoft services listed in Mondata's third-party services schedule.
- TechTargetminorTechTarget partnered with Mondata on co-branded e-books covering Microsoft 365 governance and security challenges. The partnership involves joint content creation and distribution, with TechTarget's logo appearing on Mondata's downloadable e-books as a co-branding arrangement.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
MONDATA competitors and assessment
Company assessmentDirect peers
- eSentire: Canadian-headquartered MDR provider offering 24/7 managed detection and response services to mid-market and enterprise customers. Directly comparable to Mondata on geographic focus, MSSP business model, and SOC-led delivery, though eSentire operates at significantly larger scale and global footprint.
- GoSecure (now part of Arctic Wolf): Canadian-origin MDR and managed security services provider offering 24/7 detection and response alongside offensive security testing. Comparable to Mondata on MDR + pentests portfolio, Quebec/Canadian base, and mid-market enterprise target customers.
- CoreView: Microsoft 365-focused SaaS management and security platform that provides visibility, governance, and automation across M365 tenants. Closely comparable to Mondata's WeActis on Microsoft 365 specialization, but CoreView is broader in scope (management plus security) and serves a global customer base.
- Arctic Wolf: Leading MDR provider delivering 24/7 managed detection, response, and security operations to mid-market organizations. Direct competitor to Mondata's MDR offering with a comparable subscription-driven MSSP model, though at vastly larger scale and with broader geographic coverage.
Emerging players
- Adaptive Shield (CrowdStrike): SaaS security posture management (SSPM) specialist, now part of CrowdStrike, focused on securing Microsoft 365, Google Workspace, Salesforce, and other SaaS platforms. Adjacent to WeActis's M365 data governance niche with broader SaaS coverage and backing from a major incumbent.
- Material Security: Email and data security platform with capabilities in Microsoft 365 mail/Teams protection and data exposure detection. Comparable emerging player targeting M365-centric data and collaboration security with a SaaS-only delivery model similar to WeActis.
Broad incumbents
- CrowdStrike: Global cybersecurity leader offering Falcon MDR, endpoint, identity, and SaaS security including Microsoft 365 protection. Broad incumbent that competes with Mondata across MDR and emerging M365 governance via its Adaptive Shield and Falcon platform capabilities.
- Microsoft (Security): Native provider of Microsoft Purview, Defender for Cloud Apps, and SharePoint Advanced Management, which directly address M365 data governance, oversharing, and threat detection. Both a core technology partner and the most consequential incumbent competitor for Mondata's WeActis and MDR services.
Regional players
- Field Effect Software: Canadian cybersecurity company delivering managed detection and response, vulnerability management, and security awareness training to SMB and mid-market customers. Comparable regional peer operating in the same Canadian MSSP segment as Mondata, with similar sovereign-delivery value proposition.
- Difenda: Canadian MSSP providing 24/7 managed security, MDR, and Microsoft security services to enterprise and mid-market organizations. Regional peer with overlapping Microsoft 365 security focus, comparable target customer profile, and similar Canada-centric delivery model.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
MONDATA social profiles
Digital presenceMONDATA compliance and trust
Trust signalCompliance1 record
MONDATA financial estimates
Financial estimateRevenue estimate
Valuation estimate
MONDATA leadership team
Management profileNumber of profiles
Profiles3 records
MONDATA funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MONDATA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MONDATA
What does MONDATA do?
MONDATA develops and operates MD.ECO, a SaaS cybersecurity platform that combines proprietary tooling with managed services for Canadian organizations. Its core offerings are WeActis (Microsoft 365 data governance and at-risk data discovery), MDR (24/7 locally delivered Managed Detection and Response), and Pentests (offensive penetration testing), with Proactive Cybersecurity for Microsoft Teams added in 2024. The platform scans and analyzes Microsoft 365 environments, monitors for threats continuously, and supports incident response and security posture improvement.
Is MONDATA a public or private company?
MONDATA is a private company. It is classified as venture growth investor backed and is currently operating.
When was MONDATA founded?
MONDATA was founded in 2018. It employs 51 to 100 people.
Where is MONDATA based?
MONDATA is headquartered in Quebec, Canada, in the North America region.
How does MONDATA make money?
Two revenue lines are on record. SaaS Subscription Services (MD.ECO Platform) is the primary driver. The others are professional Services (Consulting & Implementation).
Who are MONDATA's main competitors?
Direct peers on record are eSentire, GoSecure (now part of Arctic Wolf), CoreView and Arctic Wolf. Emerging players are Adaptive Shield (CrowdStrike) and Material Security. Broad incumbents are CrowdStrike and Microsoft (Security). Regional players are Field Effect Software and Difenda.
Does MONDATA have an API?
No public API is recorded for MONDATA.
What industry is MONDATA in?
MONDATA's product category is Cybersecurity Software. Its primary akta.pro industry code is BPAEADAA, Managed Detection & Response (MDR), with a secondary code of HDAEADAH, Data Security & Access Governance for Data (Entitlements/Policy Enforcement). Its NAICS code is 518210 and its SIC code is 7372.