About NowSecure
NowSecure is a company based in Chicago (United States) founded in 2009.. NowSecure has raised $27.5 million across 4 funding rounds from investors including Canadian Imperial Bank of Commerce, Forgepoint Capital and Baird Capital. The company has 28 employees as of April 07, 2024. NowSecure offers products and services including NowSecure Platform, NowSecure Workstation, and NowSecure Academy. NowSecure operates in a competitive market with competitors including Mersive, Pradeo Security Systems, Mobilisafe, Data Theorem and Shevirah, among others.
- Headquarter Chicago, United States
- Employees 28 as on 07 Apr, 2024
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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
*********
- Legal Name Nowsecure, Inc
- Jurisdiction Varanasi, Uttar Pradesh, India
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Annual Revenue
$255.06 K (USD)-6.38as on Mar 31, 2023
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Net Profit
$3.8 K (USD)-73.82as on Mar 31, 2023
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EBITDA
$19.74 K (USD)-35.36as on Mar 31, 2023
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Total Equity Funding
$27.5 M (USD)
in 4 rounds
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Latest Funding Round
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Investors
Canadian Imperial Bank of Commerce
& 4 more
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Employee Count
28
as on Apr 07, 2024
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Products & Services of NowSecure
NowSecure offers a comprehensive portfolio of products and services, including NowSecure Platform, NowSecure Workstation, and NowSecure Academy. 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.
Offers continuous automated testing for mobile app security vulnerabilities.
Enables full-coverage penetration testing for mobile applications.
Provides free mobile app security training for developers and teams.
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Funding Insights of NowSecure
NowSecure has successfully raised a total of $27.5M across 4 strategic funding rounds. 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 4
- Last Round Last Round
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2022 | Amount | Debt – Conventional - NowSecure | Valuation |
investors |
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| Jun, 2019 | Amount | Series B - NowSecure | Valuation | ForgePoint Capital | |
| Dec, 2014 | Amount | Series A - NowSecure | Valuation | Baird Capital |
| 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 NowSecure
NowSecure has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Canadian Imperial Bank of Commerce, Forgepoint Capital and Baird Capital. 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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Investments are directed toward early-stage cybersecurity startups.
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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services companies.
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Founded Year | Domain | Location | |
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Venture capital and funds of fund firm focused on multiple sectors
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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 NowSecure
| 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 - NowSecure
| 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 |
Nowsecure Comparisons
Competitors of NowSecure
NowSecure 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 Mersive, Pradeo Security Systems, Mobilisafe, Data Theorem and Shevirah, 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 |
Wireless visual collaboration software is offered for shared displays.
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| domain | founded_year | HQ Location |
Mobile app vulnerabilities are assessed through behavioral analysis engine.
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| domain | founded_year | HQ Location |
Device vulnerability scanner
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| domain | founded_year | HQ Location |
Offers security testing and protection for modern apps and APIs worldwide.
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| domain | founded_year | HQ Location |
Mobile security testing tools for enterprise BYOD are developed.
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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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Latest news on Nowsecure
Frequently Asked Questions about NowSecure
When was NowSecure founded?
NowSecure was founded in 2009 and raised its 1st funding round 5 years after it was founded.
Where is NowSecure located?
NowSecure is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Who is the current CEO of NowSecure?
Alan Snyder is the current CEO of NowSecure.
Is NowSecure a funded company?
NowSecure is a funded company, having raised a total of $27.5M across 4 funding rounds to date. The company's 1st funding round was a Series A of $12.5M, raised on Aug 20, 2014.
How many employees does NowSecure have?
As of Apr 07, 2024, the latest employee count at NowSecure is 28.
What is the annual revenue of NowSecure?
Annual revenue of NowSecure is $255.06K as on Mar 31, 2023.
What does NowSecure do?
NowSecure is a mobile application security solutions provider. It provides BYOD security for the enterprise and provides risk ratings at the device and group levels, offers push notifications of new risks in real-time. It also provides analytic engines that are fully customizable and deployable on-prem or as a cloud model. It also provides an app testing suite for developers, and a mobile security app for consumers to keep their mobile device and data secure. The clients of the company include Uber, Robot, Humana, Rakuten, etc.
Who are the top competitors of NowSecure?
NowSecure's top competitors include Mersive, Mobilisafe and Pradeo Security Systems.
What products or services does NowSecure offer?
NowSecure offers NowSecure Platform, NowSecure Workstation, and NowSecure Academy.
Who are NowSecure's investors?
NowSecure has 5 investors. Key investors include Canadian Imperial Bank of Commerce, Forgepoint Capital, Baird Capital, Jump Capital, and MATH Venture Partners.
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