Cronto

Cambridge, United Kingdom Founded: 2005 • Age: 21 yrs Acquired By Vasco Data Security
Secure cryptography-based authentication for banking transactions is offered.

About Cronto

Cronto is a company based in Cambridge (United Kingdom) founded in 2005 was acquired by Vasco Data Security in May 2013. The company has 19 employees. Cronto offers products and services including eSignature, Identity Verification, FIDO Hardware Authenticators, and Mobile App Security. Cronto operates in a competitive market with competitors including Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.

  • Headquarter Cambridge, United Kingdom
  • Employees 19
  • Sectors
    Technology
    Industrial Goods & Manufacturing Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website cronto.com
  • Social LinkedIn X Facebook
  • Acquired by Vasco Data Security (May 2013)
  • Legal Name Onespan Solutions Uk Limited
  • Date of Incorporation 04 Mar, 2005
  • Jurisdiction LONDON, UNITED KINGDOM
Key Metrics
  • Annual Revenue
    $321.66 K (USD)
    -45
    as on Dec 31, 2020
  • Net Profit
    $478.99 K (USD)
    -31
    as on Dec 31, 2020
  • Latest Funding Round
    $411.95K (USD), Grant

    Dec 2015

  • Investors
  • Employee Count
    19
  • Acquired by

Products & Services of Cronto

Cronto offers a comprehensive portfolio of products and services, including eSignature, Identity Verification, FIDO Hardware Authenticators, and Mobile App Security.

eSignature
Digital Agreements

Secure platform for electronic signing of documents.

Identity Verification
Security Solutions

Tools to mitigate fraud and authenticate users.

FIDO Hardware Authenticators
Authentication Devices

Phishing-resistant devices for passwordless logins.

Mobile App Security
Mobile Protection

Solutions to defend against mobile malware threats.

Funding Insights of Cronto

  • Total Rounds 1
  • Last Round Grant β€” $411,954
  • First Round $411,954

    (Dec 2015)

All 1 funding rounds of Cronto with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2015$411,954Grant––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Cronto

Cronto has secured backing from 1 investor. Prominent investors backing the company include OneSpan.

All
InvestorDescriptionFounded YearDomainLocation
Secure digital agreements and cybersecurity solutions are provided by OneSpan.
–vasco.com-
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Investor details for Cronto

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
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Verified entity values are shown only after access is granted.

Timeline of Cronto

3 dated milestones of Cronto across 10 years, from founding to its latest funding, stage changes and deals.

  1. Founded Cronto is founded.
  2. Exit Acquired by Vasco Data Security.
  3. Funding First funding round of $412K.

Competitors of Cronto

Cronto 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 Quantexa, ComplyAdvantage, Riskified, Alloy and Megvii, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
quantexa.com2016London, United Kingdom$546.08M552
AI-powered data and decision intelligence solutions are provided for businesses.
complyadvantage.com2014London, United Kingdom$167.21M443
Cloud-based anti-money laundering solutions are provided for compliance.
riskified.com2013New York, United States$232.02M781
AI-based fraud prevention for e-commerce payments is provided.
alloy.com2015New York, United States$223.37M216
Identity decisioning platform is provided for banks and fintech firms.
megvii.com2011Beijing, China$1.98B–
Facial recognition and AI video analysis solutions are provided.
signifyd.com2011Palo Alto, United States$394.38M399
Provider of fraud prevention and payment validation for online retailers
feedzai.com2011San Mateo, United States$346.8M–
Cloud-based big data and fraud prevention solutions are offered.
fenergo.com2009Dublin, Ireland$180.97M74
Cloud based KYC and AML management software
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Detailed competitors of Cronto

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

Verified entity values are shown only after access is granted.

Similar companies to Cronto

10 companies that operate in the same segment as Cronto (AI Core Platforms & Infrastructure), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
OpenAI is engaged in developing advanced artificial intelligence technologies.
2015San Francisco, California, United StatesUSD 167.95 B––
AI models and chatbots are offered for industry applications.
2021San Francisco, California, United StatesUSD 66.81 B––
Analytics and digital solutions for healthcare and banking are provided.
1999New York, New York, United StatesUSD 10 MUSD 2.09 B59,500
AI-powered graphical processing units and SoCs
1993Santa Clara, California, United StatesUSD 5 MUSD 130.5 B36,000
A platform for the AI community to collaborate and build.
2016Paris, FranceUSD 399.91 M––
Digital marketing, data analytics, and IT services are provided globally.
1981Bengaluru, Karnataka, India–USD 19.08 B323,580
Machine learning model development and management solutions are provided.
2017San Francisco, California, United StatesUSD 250 M–150
Provider of website, web & mobile application development, BI, and digital marketing services
2007Jaipur, Rajasthan, IndiaUSD 570.12 MUSD 102.68 M461
AI-based robotic arms are developed for industrial automation tasks.
2010San Francisco, California, United StatesUSD 123.02 M––
Enterprise observability solutions are delivered via cloud and AI platforms.
2008San Francisco, California, United StatesUSD 196.44 M––
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Frequently Asked Questions about Cronto

Cronto was founded in 2005 and raised its 1st funding round 10 years after it was founded.

Cronto is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.

Cronto has 19 employees.

Annual revenue of Cronto is $321.66K as on Dec 31, 2020.

Cronto was founded in 2005 in Cambridge, United Kingdom, and operates in the financial technology sector. Secure authentication solutions for internet banking are provided through graphical cryptograms consisting of multi-colored dot matrices. These are captured by users via mobile devices to decrypt and validate transactions, thereby mitigating risks from banking trojans. A supporting mobile app is available, along with a dedicated handheld device for the process.

Cronto's top competitors include ComplyAdvantage, Riskified and Quantexa.

Cronto offers eSignature, Identity Verification, FIDO Hardware Authenticators, and Mobile App Security.

Cronto has 1 investor. Key investors include OneSpan.

Cronto operates through Onespan Solutions Uk Limited.

Yes. Cronto was acquired by Vasco Data Security in May 2013.

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