Cinchy

Cinchy is a Toronto-based enterprise software company that builds two products: the Data Collaboration Platform (DCP) and PeriMind, an AI governance platform. The DCP is positioned as an enterprise data fabric that removes copy-based integration between applications, allowing departments, teams and systems to co-produce and share data in real time under federated, cell-level access controls and automated governance. Cinchy frames the problem it addresses as the "integration tax" — the recurring cost of building and maintaining point-to-point integrations and APIs between fragmented applications — and argues that access-based data co-production produces network effects that reduce delivery time and cost for each successive use case.

PeriMind is a governance and control plane that sits between AI interfaces and enterprise systems. According to the company, it was created after Cinchy observed that its Data Collaboration Platform gave AI agents real-time access to enterprise data without a layer controlling what those agents could do. PeriMind discovers AI tool endpoints, catalogs tools, registers connections made by agents, and authenticates, authorizes, policy-checks and audits each AI action such as database updates, API requests, workflow executions and system changes. It uses a three-tier federated policy hierarchy intended to balance central control with domain autonomy, and the company publishes a threat matrix covering 44 attack techniques, stating that 92 percent of in-scope threats are addressed. Cinchy describes PeriMind as agent-agnostic, working with any AI agent, copilot or LLM, and as deployable alongside existing infrastructure without replacing it.

The company positions both products against regulatory and compliance drivers including the EU AI Act, SOC 2 and the NIST AI Agent Standards Initiative, and markets audit trails and accountability evidence as core deliverables.

Founding story

Cinchy was founded in 2017 with the mission of fundamentally changing the way enterprise data works, starting with the Data Collaboration Platform to remove friction between data, teams and systems. PeriMind emerged later from the company's observation that its own platform gave AI agents powerful real-time access to enterprise data with no governance layer to control what those agents could do.

Business model

Cinchy sells enterprise software to large organizations, with two product lines: the Data Collaboration Platform and the PeriMind AI governance control plane. Preqin describes the company as operating a subscription-based B2B revenue model in which clients pay for access to the data collaboration platform, with pricing tiers varying by the level of data integration services required; specific pricing is not publicly disclosed.

Subscription-based B2B access to its platform, with tiers based on the level of data integration services used; specific pricing is not published.

Traction

Cinchy states it is used by global enterprises across financial services, technology and manufacturing. Reported enterprise customers include TD Bank, Colliers International, National Bank and the Royal Bank of Canada, and the company has claimed its platform can reduce the time and cost of building applications by more than 50 percent.

Latest developments

The company's current public positioning centers on PeriMind as an enterprise control plane governing AI actions, with a published threat matrix of 44 attack techniques and a federated three-tier policy model. Cinchy has also featured an interview with J. Paul Haynes on safely deploying AI in production.