LORIKA INC.
Toronto-based Lorica Cybersecurity develops the Private Pursuit platform using proprietary HP-FHE encryption technology, enabling confidential AI inference and encrypted database searches on sensitive data. It serves financial services, healthcare, government, defense, and AI service providers through subscription licensing and self-serve access.
- Company typePrivate
- Founded2017
- HeadquartersToronto, Canada
- Headcount—
- GTM typeB2B
- OfferingSoftware
What LORIKA INC. does
Lorica Cybersecurity Inc., founded in May 2017 and headquartered in Toronto with additional offices in Columbia (Maryland) and New York, develops a confidential AI and data analytics platform built on proprietary High-Performance Fully Homomorphic Encryption (HP-FHE™) technology. The company's flagship product, the Private Pursuit™ platform (launched November 2023), enables AI inference and database searches on encrypted data without decryption, combining hardware-verified confidential computing with quantum-secure 256-bit encryption. The technology is reported as compliant with the upcoming ISO 28033 standard for FHE and delivers measured throughput of 5000+ encrypted inferences per second on a single NVIDIA H100 GPU with 256 concurrent requests, and encrypted search across billion-record SQL databases in milliseconds per CPU. The company protects more than 20 granted and pending patents covering FHE methods.
Lorica monetizes via flexible subscription-based licensing for on-premises or cloud deployment, with both a self-serve product-led growth motion ($50 free credit, 30-day trial) and an enterprise sales motion targeting financial services, healthcare and pharma, government and public sector, critical infrastructure, defense and national security, AI service providers, and solo builders and startups. Named enterprise and government engagements include work with RBC and CIBC, a Government of Canada contract with the Communications Security Establishment awarded through the Innovative Solutions Canada Testing Stream (October 2023), and Awardable status on the US Department of Defense CDAO Tradewinds Solutions Marketplace (April 2024). The company also pursues a partner ecosystem that includes NVIDIA (Inception Partner, September 2024), Cybercy (global strategic partnership, January 2024), ThinkOn, and FedData Technology Solutions. Leadership changed twice in 2024–2025, with Marcella Arthur appointed CEO in January 2025. Revenue and headcount are not publicly disclosed.
LORIKA INC. firmographics
Firmographics- Name
- LORIKA INC.
- Legal name
- Lorica Cybersecurity Inc.
- Website
- https://lorica.ai
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Short description
- Toronto-based Lorica Cybersecurity develops the Private Pursuit platform using proprietary HP-FHE encryption technology, enabling confidential AI inference and encrypted database searches on sensitive data. It serves financial services, healthcare, government, defense, and AI service providers through subscription licensing and self-serve access.
- Ownership category
- akta.pro rank
LORIKA INC. industry classification
Industry- Product category
- Confidential Computing Platform
- NAICS
- Software Publishers (5132), Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming Services (7371), Services-Prepackaged Software (7372), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Confidential AI & Privacy-Preserving ML (federated learning, MPC, HE, TEEs) (HDAAAKAI)
- akta.pro secondary industries
- Data Security & Privacy Managed Services (DLP/Encryption) (BPAEADAL), Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG), Privacy-Preserving On-Device ML (secure enclaves, TEEs, differential privacy) (HDAAAJAH)
Keywords
Where LORIKA INC. is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
LORIKA INC. business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Software Subscription Licensing: Flexible subscription-based licensing for software tailored to integrate with private and public cloud infrastructures. The platform is installed on standard enterprise-grade servers and offered as a managed service.
- Platform Usage: Cloud or on-premises deployment options with API and web browser access. Users access Private Pursuit through web browsers or APIs, with batch processing capabilities.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free trial tier with $50 credit |
| Subscription | Annual | Enterprise subscription licensing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
LORIKA INC. product offering
Product offeringCore offering
Lorica Cybersecurity develops and sells a confidential AI and data analytics platform that performs AI inference and database searches entirely on encrypted data using proprietary High-Performance Fully Homomorphic Encryption (HP-FHE™). The Private Pursuit™ platform enables organizations in regulated industries to deploy AI models and run SQL queries while keeping data, models, and results encrypted throughout the data lifecycle, including during computation. The platform is offered as cloud or on-premises software with subscription licensing, supplemented by the Secure AI solution for end-to-end encrypted AI data processing.
Product overview
Lorica Cybersecurity offers a unified privacy platform centered on the Private Pursuit Platform, which combines three core product components: HP-FHE (High-Performance Fully Homomorphic Encryption) technology, Encrypted AI Inference, and Encrypted SQL Queries/Secure Search. The Secure AI solution launched in June 2024 extends these capabilities with end-to-end encryption for the complete data lifecycle. Users access the platform via web browsers or APIs at lorica.ai. The platform delivers performance of 5000+ encrypted AI inferences per second on H100 GPUs and searches 1 billion encrypted database records in milliseconds, while maintaining quantum-secure 256-bit military-grade security.
Differentiator
Problem solved
Functional benefit
Brands
- Private Pursuit™ Platform: A true end-to-end encrypted compute platform that enables confidential AI inference and database searches while maintaining data privacy throughout the data lifecycle.
- HP-FHE™
- Secure AI
Products and services
- Private Pursuit Platform End-to-end encrypted compute platform that enables organizations and trusted partners to execute confidential AI inference and database searches on sensitive AI models and data while keeping data encrypted throughout the data lifecycle. Supports ONNX models, batch processing, encrypted SQL queries on SQL databases, and CSV file compatibility. Delivers quantum-secure 256-bit encryption with hardware-verified attestation and is accessed via web browser or APIs.
- Secure AI Solution that extends the Private Pursuit platform with end-to-end encryption covering data at rest, in transit, and in use, allowing organizations to apply AI to sensitive data without compromising privacy or security and to prepare for the post-quantum cryptography transition.
Companies that use LORIKA INC.
Customer profileNamed customers4 records
Segments7 records
Ideal customer profiles7 records
LORIKA INC. technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability5 records
Feature5 records
LORIKA INC. partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and secondary.
- NVIDIAcoreInception Partner at NVIDIA AI Summit 2024 in Washington DC. Lorica exhibited in booth #69 showcasing Encrypted AI Inference capability on edge and cloud computing platforms. Demonstrates platform compatibility with NVIDIA's AI infrastructure ecosystem.
- Department of Defense (DoD)coreAchieved Awardable status through CDAO's Tradewinds Solutions Marketplace. Lorica's solutions safeguard sensitive AI data, models and inference results against adversarial attacks. Video demonstration shows AI inference on sensitive cloud telemetry data under quantum-safe encryption.
- CybercycoreGlobal strategic partnership with UK-based Cybercy, a prominent cyber advisory services firm. Cybercy provides risk management and incident response expertise that complements Lorica's cybersecurity product offerings. Partnership enables tailored cybersecurity packages combining Lorica's products with Cybercy's specialized advisory services.
- Communications Security Establishment (CSE)coreGovernment of Canada contract through Innovative Solutions Canada Testing Stream program. CSE testing Lorica's HP-FHE technology and Private Pursuit Platform within a cyber defence environment for R&D use cases. Validates technology capabilities for national security applications.
- ThinkOnsecondaryPartnership agreement signed for distribution and integration of Lorica's privacy-enhancing technology through ThinkOn's channel.
- FedData Technology SolutionssecondaryPartnership agreement signed for distribution and integration of Lorica's privacy solutions in the federal/government data market.
Scale indicators5 records
Recent moves8 records
Expansion highlights7 records
LORIKA INC. competitors and assessment
Company assessmentBroad incumbents
- Google Cloud Confidential Computing: Offers Confidential VMs, Confidential GKE, and Confidential Space leveraging AMD SEV and NVIDIA H100. Broader incumbent that may pull enterprise confidential compute budgets, though offers TEE-based (not FHE) confidentiality.
- IBM Security Guardium: Enterprise data security and encryption portfolio including IBM HSM, data activity monitoring, and encryption-in-use capabilities. Overlaps with Lorica's regulated-industry positioning, particularly for banking and healthcare clients.
- Microsoft Azure Confidential Computing: Hyperscaler confidential computing portfolio (Azure Confidential VMs, Intel SGX/AMD SEV, NVIDIA H100 with confidential VMs) with deep integration into Microsoft enterprise software stack. Competes with Lorica's confidential AI positioning as a more general-purpose, larger incumbent.
Direct peers
- Zama: Open-source FHE cryptography company building tools (Concrete, TFHE-rs, Concrete-ML) for machine learning over encrypted data. Directly comparable as a fellow FHE-for-ML company chasing confidential AI inference.
- Inpher: Pioneering fully homomorphic encryption company for confidential AI and analytics on encrypted data. Most direct peer to Lorica's HP-FHE Private Pursuit platform; notably, Lorica's recently appointed CEO Marcella Arthur previously held senior leadership at Inpher.
- Duality Technologies: Commercializes homomorphic encryption and secure data collaboration for regulated industries including homeland security, financial services, and healthcare. Directly comparable to Lorica's privacy-preserving analytics and AI focus.
- Enveil: Provides Privacy Enhancing Technologies (SecureSearch, SecureEnclave) that enable secure search, analytics, and AI training on encrypted data. Closely aligned with Lorica's encrypted SQL query and database search functionality.
- Baffle: Data-centric encryption platform that protects data at rest, in motion, and in use across databases, data lakes, and analytics pipelines. Comparable adjacent offering for protecting sensitive data during computation.
- TripleBlind: Privacy-preserving machine learning and federated analytics platform serving regulated industries. Comparable focus on enabling AI/ML on sensitive data without exposing it, though using different cryptography than FHE.
- Vaultree: Provides Fully Homomorphic Encryption-based searchable encryption software for data-in-use protection across cloud and SaaS environments. Directly comparable in FHE-based data protection target market.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
LORIKA INC. social profiles
Digital presenceLORIKA INC. financial estimates
Financial estimateRevenue estimate
Valuation estimate
LORIKA INC. leadership team
Management profileNumber of profiles
Profiles10 records
LORIKA INC. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LORIKA INC. 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 LORIKA INC.
What does LORIKA INC. do?
Lorica Cybersecurity develops and sells a confidential AI and data analytics platform that performs AI inference and database searches entirely on encrypted data using proprietary High-Performance Fully Homomorphic Encryption (HP-FHE™). The Private Pursuit™ platform enables organizations in regulated industries to deploy AI models and run SQL queries while keeping data, models, and results encrypted throughout the data lifecycle, including during computation. The platform is offered as cloud or on-premises software with subscription licensing, supplemented by the Secure AI solution for end-to-end encrypted AI data processing.
Is LORIKA INC. a public or private company?
LORIKA INC. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was LORIKA INC. founded?
LORIKA INC. was founded in 2017.
Where is LORIKA INC. based?
LORIKA INC. is headquartered in Toronto, Canada, in the North America region.
How does LORIKA INC. make money?
Two revenue lines are on record. Software Subscription Licensing is the primary driver. The others are platform Usage.
Who are LORIKA INC.'s main competitors?
Broad incumbents on record are Google Cloud Confidential Computing, IBM Security Guardium and Microsoft Azure Confidential Computing. Direct peers are Zama, Inpher, Duality Technologies, Enveil, Baffle, TripleBlind and Vaultree.
Does LORIKA INC. have an API?
Yes. Users access Private Pursuit through web browsers or APIs. The platform enables encrypted AI inference and database searches via API integration. Supports ONNX Models, batch processing, and SQL databases and CSV file compatibility. Single and batch SQL query execution is supported.
What industry is LORIKA INC. in?
LORIKA INC.'s product category is Confidential Computing Platform. Its primary akta.pro industry code is HDAAAKAI, Confidential AI & Privacy-Preserving ML (federated learning, MPC, HE, TEEs), with a secondary code of BPAEADAL, Data Security & Privacy Managed Services (DLP/Encryption). Its NAICS code is 5132 and its SIC code is 7371.