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 as of January 31, 2020. 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 as on 31 Jan, 2020
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Onespan Solutions Uk Limited
- Date of Incorporation 04 Mar, 2005
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
$321.66 K (USD)-45as on Dec 31, 2020
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Net Profit
$478.99 K (USD)-31as on Dec 31, 2020
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EBITDA
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Latest Funding Round
$411.95 K (USD), Grant
Dec 01, 2015
- Investors
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Employee Count
19
as on Jan 31, 2020
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Acquired by
Vasco Data Security
(May 20, 2013)
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Products & Services of Cronto
Cronto offers a comprehensive portfolio of products and services, including eSignature, Identity Verification, FIDO Hardware Authenticators, and Mobile App Security. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Secure platform for electronic signing of documents.
Tools to mitigate fraud and authenticate users.
Phishing-resistant devices for passwordless logins.
Solutions to defend against mobile malware threats.
Funding Insights of Cronto
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $411,954
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First Round
First Round
(01 Dec 2015)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2015 | Amount | Grant - Cronto | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Cronto
Cronto has secured backing from 1 investor. Prominent investors backing the company include OneSpan. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Secure digital agreements and cybersecurity solutions are provided by OneSpan.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Cronto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Cronto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cronto Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
AI-powered data and decision intelligence solutions are provided for businesses.
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| domain | founded_year | HQ Location |
Cloud-based anti-money laundering solutions are provided for compliance.
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| domain | founded_year | HQ Location |
AI-based fraud prevention for e-commerce payments is provided.
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| domain | founded_year | HQ Location |
Identity decisioning platform is provided for banks and fintech firms.
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| domain | founded_year | HQ Location |
Facial recognition and AI video analysis solutions are provided.
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| domain | founded_year | HQ Location |
Provider of fraud prevention and payment validation for online retailers
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Cronto
When was Cronto founded?
Cronto was founded in 2005 and raised its 1st funding round 10 years after it was founded.
Where is Cronto located?
Cronto is headquartered in Cambridge, United Kingdom. It is registered at Cambridge, Cambridgeshire, United Kingdom.
How many employees does Cronto have?
As of Jan 31, 2020, the latest employee count at Cronto is 19.
What is the annual revenue of Cronto?
Annual revenue of Cronto is $321.66K as on Dec 31, 2020.
What does Cronto do?
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.
Who are the top competitors of Cronto?
Cronto's top competitors include ComplyAdvantage, Riskified and Quantexa.
What products or services does Cronto offer?
Cronto offers eSignature, Identity Verification, FIDO Hardware Authenticators, and Mobile App Security.
Who are Cronto's investors?
Cronto has 1 investor. Key investors include OneSpan.