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
- SectorsTechnologyIndustrial Goods & Manufacturing Financial Services
- Emailβ’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
- Annual Revenue$321.66 K (USD)-45as on Dec 31, 2020
- Net Profit$478.99 K (USD)-31as on Dec 31, 2020
- Latest Funding Round$411.95K (USD), Grant
Dec 2015
- Investors
- Employee Count19
- Acquired byVasco Data Security
(May 2013)
Products & Services of Cronto
Cronto offers a comprehensive portfolio of products and services, including eSignature, Identity Verification, FIDO Hardware Authenticators, and Mobile App Security.
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 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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2015 | $411,954 | Grant | β | β | β |
1 investors in total: 1 institutional.
Investors in Cronto
Cronto has secured backing from 1 investor. Prominent investors backing the company include OneSpan.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Secure digital agreements and cybersecurity solutions are provided by OneSpan. | – | vasco.com | - |
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
- Co-investor network
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.
- Founded Cronto is founded.
- Exit Acquired by Vasco Data Security.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| quantexa.com | 2016 | London, United Kingdom | $546.08M | 552 | AI-powered data and decision intelligence solutions are provided for businesses. | |
| complyadvantage.com | 2014 | London, United Kingdom | $167.21M | 443 | Cloud-based anti-money laundering solutions are provided for compliance. | |
| riskified.com | 2013 | New York, United States | $232.02M | 781 | AI-based fraud prevention for e-commerce payments is provided. | |
| alloy.com | 2015 | New York, United States | $223.37M | 216 | Identity decisioning platform is provided for banks and fintech firms. | |
| megvii.com | 2011 | Beijing, China | $1.98B | – | Facial recognition and AI video analysis solutions are provided. | |
| signifyd.com | 2011 | Palo Alto, United States | $394.38M | 399 | Provider of fraud prevention and payment validation for online retailers | |
| feedzai.com | 2011 | San Mateo, United States | $346.8M | – | Cloud-based big data and fraud prevention solutions are offered. | |
| fenergo.com | 2009 | Dublin, Ireland | $180.97M | 74 | Cloud based KYC and AML management software |
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
OpenAI is engaged in developing advanced artificial intelligence technologies. | 2015 | San Francisco, California, United States | USD 167.95 B | – | – | |
AI models and chatbots are offered for industry applications. | 2021 | San Francisco, California, United States | USD 66.81 B | – | – | |
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AI-powered graphical processing units and SoCs | 1993 | Santa Clara, California, United States | USD 5 M | USD 130.5 B | 36,000 | |
A platform for the AI community to collaborate and build. | 2016 | Paris, France | USD 399.91 M | – | – | |
Digital marketing, data analytics, and IT services are provided globally. | 1981 | Bengaluru, Karnataka, India | – | USD 19.08 B | 323,580 | |
Machine learning model development and management solutions are provided. | 2017 | San Francisco, California, United States | USD 250 M | – | 150 | |
Provider of website, web & mobile application development, BI, and digital marketing services | 2007 | Jaipur, Rajasthan, India | USD 570.12 M | USD 102.68 M | 461 | |
AI-based robotic arms are developed for industrial automation tasks. | 2010 | San Francisco, California, United States | USD 123.02 M | – | – | |
Enterprise observability solutions are delivered via cloud and AI platforms. | 2008 | San Francisco, California, United States | USD 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.
