About SandGrain
SandGrain is a company based in Eindhoven (Netherlands) founded in 2019 by Casper Juffermans, Jeroen Doumen, and Pieter Hooijmans.. SandGrain has raised $17.15 million across 2 funding rounds from investors including DeepTechXL and Innovation Industries. SandGrain offers products and services including CyberRock and Physically Unique ID. SandGrain operates in a competitive market with competitors including Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, among others.
- Headquarter Eindhoven, Netherlands
- Founders Casper Juffermans, Jeroen Doumen, Pieter Hooijmans
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Sectors
Technology
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Phone
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Website
*********
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Social
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- Legal Name Sandgrain B.V.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$17.15 M (USD)
in 2 rounds
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Latest Funding Round
$15.72 M (USD), Series A
Dec 09, 2025
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Investors
DeepTechXL
& 1 more
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Employee Count
Employee Count
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Products & Services of SandGrain
SandGrain offers a comprehensive portfolio of products and services, including CyberRock and Physically Unique ID. 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 cloud for generating and validating IoT device identities.
Immutable token for authenticating and protecting connected devices.
Funding Insights of SandGrain
SandGrain has successfully raised a total of $17.15M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15.72 million completed in December 2025. 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 2
- Last Round Series A — $15.7M
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First Round
First Round
(11 Apr 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec, 2025 | Amount | Series A - SandGrain | Valuation | Innovation Industries |
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| Apr, 2023 | Amount | Seed - SandGrain | Valuation | DeepTechXL |
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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 SandGrain
SandGrain has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include DeepTechXL and Innovation Industries. 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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DeepTechXL is focused on deep-tech venture capital investments.
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Founded Year | Domain | Location | |
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A European venture capital fund focused on deep tech investments.
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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 SandGrain
| 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 - SandGrain
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Sandgrain Comparisons
Competitors of SandGrain
SandGrain 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 Armis Security, Upstream Security, Claroty, Ordr and SandboxAQ, 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 security platform for IoT applications is provided.
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| domain | founded_year | HQ Location |
Connected vehicle fleets are secured via cloud-based cybersecurity platforms.
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| domain | founded_year | HQ Location |
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
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| domain | founded_year | HQ Location |
Security solutions for IoT device vulnerabilities are developed.
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| domain | founded_year | HQ Location |
Large quantitative models and AI solutions are developed for enterprises.
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| domain | founded_year | HQ Location |
Endpoint security is provided against firmware and hardware attacks.
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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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Frequently Asked Questions about SandGrain
When was SandGrain founded?
SandGrain was founded in 2019 and raised its 1st funding round 4 years after it was founded.
Where is SandGrain located?
SandGrain is headquartered in Eindhoven, Netherlands. It is registered at Eindhoven, Noord-brabant, Netherlands.
Is SandGrain a funded company?
SandGrain is a funded company, having raised a total of $17.15M across 2 funding rounds to date. The company's 1st funding round was a Seed of $1.43M, raised on Apr 11, 2023.
What does SandGrain do?
SandGrain was founded in 2019 in Eindhoven, Netherlands, where cybersecurity solutions for IoT devices are developed and offered. Secure end nodes are enabled through a hardware-based unique ID system per IC, which enhances reliability and resistance to hacking while maintaining low costs. Integration with a secure cloud platform is utilized to support authentication processes in the IoT sector.
Who are the top competitors of SandGrain?
SandGrain's top competitors include Armis Security, Upstream Security and Ordr.
What products or services does SandGrain offer?
SandGrain offers CyberRock and Physically Unique ID.
Who are SandGrain's investors?
SandGrain has 2 investors. Key investors include DeepTechXL, and Innovation Industries.