AxCrypt

Stockholm, Sweden Founded: 2014 • Age: 12 yrs
Encryption based file security solution
Annual revenue $154,616 Latest available
Total funding $35,228 1 rounds
Employees 15 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About AxCrypt

AxCrypt is a company based in Stockholm (Sweden) founded in 2014. AxCrypt has raised $35.23 thousand across 1 funding round from investors including Sting. The company has 15 employees as of April 06, 2024. AxCrypt offers products and services including AxCrypt Premium, AxCrypt Business, and Secured Messenger. AxCrypt operates in a competitive market with competitors including Dropbox, Proton, PGP Corporation, PKWARE and Ockam, among others.

  • Headquarter Stockholm, Sweden
  • Employees 15 as on 06 Apr, 2024
  • Sectors
    Technology
  • Phone
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  • Website
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  • Social
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  • Legal Name Axcrypt Software Private Limited
  • Date of Incorporation 05 Sep, 2017
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Technology → Cybersecurity & Privacy Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $154.62 K (USD)
    104.96
    as on Mar 31, 2023
  • Net Profit
    $10.05 K (USD)
    98.28
    as on Mar 31, 2023
  • EBITDA
    $20.19 K (USD)
    102.65
    as on Mar 31, 2023
  • Total Equity Funding
    $35.23 K (USD)

    in 1 rounds

  • Latest Funding Round
    $35.23 K (USD), Seed

    Aug 29, 2016

  • Investors
  • Employee Count
    15

    as on Apr 06, 2024

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Products & Services of AxCrypt

AxCrypt offers a comprehensive portfolio of products and services, including AxCrypt Premium, AxCrypt Business, and Secured Messenger.

Product name locked
Category locked
Primary

Software for secure file encryption and password management.

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Enterprise solution for group key management and secure access.

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Encrypted messaging service for private communications.

Funding Insights of AxCrypt

AxCrypt has successfully raised a total of $35.23K through 1 strategic funding round. The most recent funding activity was a Seed round of $35.23 thousand completed in August 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in AxCrypt

AxCrypt has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Sting.

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Venture Fund
Investor Description Founded Year Domain Location
Sting is recognized as a leading startup accelerator in the Nordics.
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Investor details for AxCrypt

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Investments & Acquisitions by AxCrypt

Investments
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Investment portfolio details for AxCrypt

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Financial Statements - AxCrypt

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Detailed financials for AxCrypt

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Axcrypt Comparisons

AxCrypt Primary company
Description
Encryption based file security solution
Location
Stockholm, Sweden
Founded Year
2014
Annual Revenue
$154.62 K (USD)
Net Profit
$10.05 K (USD)
EBITDA
$20.19 K (USD)
Employees
15
As of 2024
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Peer comparison for AxCrypt

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of AxCrypt

AxCrypt operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dropbox, Proton, PGP Corporation, PKWARE and Ockam, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based file sharing and collaboration tools are offered for enterprises.
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Encrypted digital services are provided by Proton for privacy-focused users.
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Email and data encryption software is provided for enterprise protection.
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Cross-platform encryption, key management, and compression software is developed.
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A blockchain-based registry for IoT devices is provided.
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Encryption appliances for network and data security are provided.
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Detailed competitors of AxCrypt

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Latest news on Axcrypt

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Complete news archive for AxCrypt

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Frequently Asked Questions about AxCrypt

AxCrypt was founded in 2014 and raised its 1st funding round 2 years after it was founded.

AxCrypt is headquartered in Stockholm, Sweden.

AxCrypt is a funded company, having raised a total of $35.23K across 1 funding round to date.

As of Apr 06, 2024, the latest employee count at AxCrypt is 15.

Annual revenue of AxCrypt is $154.62K as on Mar 31, 2023.

AxCrypt was founded in 2014 in Stockholm, Sweden, focusing on the cybersecurity sector. Encryption-based solutions for file security are offered to businesses and individuals, ensuring protection of sensitive data. Mobile encryption capabilities are included for Android and iOS devices, allowing files to be encrypted and decrypted directly on smartphones and tablets. Operations emphasize practical security tools across digital platforms.

AxCrypt's top competitors include Dropbox, Proton and Ockam.

AxCrypt offers AxCrypt Premium, AxCrypt Business, and Secured Messenger.

AxCrypt has 1 investor. Key investors include Sting.

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