About Detectify
Detectify is a company based in Stockholm (Sweden) founded in 2013 by Johan Edholm, Fredrik Nordberg Almroth, and David Hallenius was acquired by Insight Partners in October 2024.. Detectify has raised $42.07 million across 5 funding rounds from investors including Balderton Capital, Insight Partners and Inventure VC. Detectify offers products and services including Surface Monitoring, Application Scanning, and Alfred AI. Detectify operates in a competitive market with competitors including NetSPI, CyCognito, IONIX, Randori and PatrOwl, among others.
- Headquarter Stockholm, Sweden
- Founders Johan Edholm, Fredrik Nordberg Almroth, David Hallenius
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Detectify Ab
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Annual Revenue
$1.76 M (USD)205as on Dec 31, 2018
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Net Profit
$-2.53 M (USD)-112as on Dec 31, 2018
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EBITDA
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Total Equity Funding
$42.07 M (USD)
in 5 rounds
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Latest Funding Round
$10 M (USD), Series C
Sep 29, 2022
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Investors
Balderton Capital
& 9 more
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Employee Count
Employee Count
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Acquired by
Insight Partners
(Oct 28, 2024)
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Products & Services of Detectify
Detectify offers a comprehensive portfolio of products and services, including Surface Monitoring, Application Scanning, and Alfred AI. 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.
Discovers and tests vulnerabilities across internet-facing assets.
Automatically scans web applications for critical vulnerabilities.
Provides AI-driven vulnerability assessments for attack surfaces.
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Funding Insights of Detectify
Detectify has successfully raised a total of $42.07M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $10 million completed in September 2022. 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.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series C — $10.0M
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First Round
First Round
(04 Mar 2015)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2022 | Amount | Series C - Detectify | Valuation | Insight Partners |
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| Nov, 2019 | Amount | Series B - Detectify | Valuation | Balderton Capital | |
| Mar, 2018 | Amount | Series A - Detectify | Valuation | Insight Partners |
| 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 Detectify
Detectify has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Balderton Capital, Insight Partners and Inventure VC. 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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Investment firm scaling software and technology companies from early to late stages.
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Founded Year | Domain | Location | |
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Investments in early-stage tech startups are made by Inventure.
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Founded Year | Domain | Location | |
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Investments in pre-seed and seed-stage startups are made by SquareOne.
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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 Detectify
| 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 - Detectify
| 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 |
Detectify Comparisons
Competitors of Detectify
Detectify 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 NetSPI, CyCognito, IONIX, Randori and PatrOwl, 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 |
Attack surface management, threat detection, and pentesting services are offered.
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| domain | founded_year | HQ Location |
Cloud-based external attack surface management solutions are provided.
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| domain | founded_year | HQ Location |
Exploitable risks are identified across attack surfaces using connective intelligence.
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| domain | founded_year | HQ Location |
Cyber risk and vulnerability assessment platforms are provided by Randori.
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| domain | founded_year | HQ Location |
Vulnerability assessments and security operations are orchestrated via PatrOwl's platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Detectify
Frequently Asked Questions about Detectify
When was Detectify founded?
Detectify was founded in 2013 and raised its 1st funding round 2 years after it was founded.
Where is Detectify located?
Detectify is headquartered in Stockholm, Sweden.
Is Detectify a funded company?
Detectify is a funded company, having raised a total of $42.07M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.17M, raised on Mar 04, 2015.
What is the annual revenue of Detectify?
Annual revenue of Detectify is $1.76M as on Dec 31, 2018.
What does Detectify do?
Detectify was founded in 2013 in Stockholm, Sweden, within the cybersecurity sector. A cloud-based platform is provided for endpoint security focused on external attack surface management. Hidden electronic devices are identified through an algorithm that analyzes magnetometer readings from nearby surroundings. Scanning capabilities are supported, encompassing scheduled, regular, and on-demand options to assist users in detecting potential threats. Operations are centered on enhancing device visibility and security protocols.
Who are the top competitors of Detectify?
What products or services does Detectify offer?
Detectify offers Surface Monitoring, Application Scanning, and Alfred AI.
Who are Detectify's investors?
Detectify has 10 investors. Key investors include Balderton Capital, Insight Partners, Inventure VC, SquareOne, and Mattias Miksche.
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