Secure Things

Sunnyvale, United States Founded: 2017 • Age: 9 yrs
End-to-end automotive cybersecurity solutions for connected vehicles are developed.

About Secure Things

Secure Things is a Technology company based in Sunnyvale (United States) founded in 2017 by Preeti Agarwal, Vishal Bajpai, and Pushpa Bajpai. End-to-end automotive cybersecurity solutions for connected vehicles are developed. It operates in the Technology and Transportation, Automotive & Logistics sectors. Secure Things has raised $3.5 million across 1 funding round from investors including 100Unicorns, Inflexor and RPG Ventures. Its chief executive, as recorded, is Vishal Bajpai. Its focus areas include Connected Vehicles, Safety and Security, Cybersecurity and Auto Tech. Its legal entity in India is Securethings.Ai Private Limited (U72300PN2017PTC173951). Its competitors include Claroty, Eclypsium and Finite State; 3 of its 3 listed competitors have raised funding.

Company details

Developer of end-to-end automotive cybersecurity solutions. It provides detection, response, recovery, identification, and protection capabilities for connected vehicles. These solutions encompass software protection measures integrated into source code or deployed on binaries, real-time monitoring for anomaly detection, and threat intelligence analysis to proactively mitigate vulnerabilities. The company offers secure over-the-air updates and tools to identify vulnerable devices within a fleet, minimizing the impact of attacks. Its services extend from vehicle to cloud, ensuring continuous monitoring and threat correlation.

  • Headquarters Sunnyvale, United States
  • Founders Preeti Agarwal, Vishal Bajpai, Pushpa Bajpai
  • Sectors
    Technology
    Transportation, Automotive & Logistics
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website securethings.ai
  • Social LinkedIn X
  • Legal Name Securethings.Ai Private Limited
  • Date of Incorporation 20 Dec, 2017
  • Jurisdiction Pune, Maharashtra, India
Key Metrics
  • Indian entity revenue
    ₹25,394

    FY 2023 · -42% YoY

  • Indian entity net loss
    -₹75,819

    FY 2023 · -299% margin

  • Indian entity EBITDA
    -₹74,179

    FY 2023 · -292% margin

  • Total Equity Funding
    $3.5M (USD)

    in 1 rounds

  • Latest Funding Round
    $3.5M (USD), Seed

    Feb 2022

  • Investors

Funding Insights of Secure Things

Secure Things has successfully raised a total of $3.5M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.5 million completed in February 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 $3.5M
  • Total Rounds 1
  • Last Round Seed β€” $3.5M
  • First Round $3.5M

    (Feb 2022)

  • Investors Count 4

All 1 funding rounds of Secure Things with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2022$3.5MSeed–Inflexor
Valuation history

4 investors in total: 4 institutional.

Investors in Secure Things

Secure Things has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include 100Unicorns, Inflexor and RPG Ventures.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in technology and deep tech startups with a focus on innovative solutions.
2019inflexor.vcMumbai, India
RPG Ventures is focused on incubating and investing in new businesses.
rpgventures.inMumbai, India
Private equity fund, investment holding & business conglomerate company
sab-holding.comJeddah, Saudi Arabia
A startup accelerator offering funding and support to early-stage companies.
2020100unicorns.inMumbai, India
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Investor details for Secure Things

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Board of directors of Securethings.Ai Private Limited (Secure Things)

Securethings.Ai Private Limited is the primary company behind Secure Things. The board of Securethings.Ai Private Limited currently have 3 directors; the longest-serving is Vishal Bajpai, appointed in 2017. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Vishal Bajpai
DIN 08005591
Director20 Dec 20178 yrs 10 moSecurethings.Ai Private Limited
Preeti Agarwal
DIN 08005640
Director20 Dec 20178 yrs 10 moSecurethings.Ai Private Limited
Pushpa Bajpai
DIN 08005699
Director01 Jan 20242 yrs 9 moSecurethings.Ai Private Limited

People of Secure Things

9 people are tracked at Secure Things (7 in leadership, 2 in team).

NameRoleGroup
Co-FounderLeadership
Co-Founder & CEOLeadership
Co-FounderLeadership
Ajit Kirkole
Head Of Product Design And UXLeadership
Khushwant Pawar
Vice PresidentLeadership
Samir Patil
Senior Director - Program GovernanceLeadership
Preeti A.
Co-founder And CTOLeadership
Bhushan Patil
Technical LeadTeam
Niloy Ray
AdvisorTeam
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Financials of Secure Things

Figures of Securethings.Ai Private Limited, the primary company behind Secure Things, for FY 2023. Revenue was ₹25,394 (-42% year on year). Net loss was -₹75,819 (-299% margin). EBITDA was -₹74,179 (-292% margin). Revenue has grown at a compounded annual rate of -91% over three years.

  • ₹25,394Revenue · FY 2023 · -42% YoY
  • -₹75,819Net loss · -299% margin
  • -₹74,179EBITDA · -292% margin
  • ₹19 LakhPaid-up capital
  • -91%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Securethings.Ai Private Limited are on its company page.

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Detailed financial statements for Secure Things

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Timeline of Secure Things

2 dated milestones of Secure Things across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Secure Things is founded.
  2. Funding First funding round of $3.5M.

Competitors of Secure Things

Secure Things has 3 listed competitors in our database, 3 of them funded. They include Claroty, Eclypsium and Finite State.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
claroty.com2015New York, United States$732M
Industrial cybersecurity for IoT systems is delivered through cloud-based solutions.
eclypsium.com2017San Francisco, United States$107.04M25
Endpoint security is provided against firmware and hardware attacks.
finitestate.io2017Columbus, United States$62.5M
A cyber threat detection and vulnerability assessment platform is provided.
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Detailed competitors of Secure Things

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Top companies in Cybersecurity & Data Protection

3 companies that operate in the same segment as Secure Things (Cybersecurity & Data Protection) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud based website security solutions
2009San Francisco, California, United StatesUSD 332.1 MUSD 1.67 B7,330
Cybersecurity and zero trust solutions are delivered for secure networks.
2007San Jose, California, United StatesUSD 148 MUSD 3.35 B9,616
Cloud-based identity management solutions are provided for enterprises.
2002Denver, Colorado, United StatesUSD 136.89 MUSD 36.94 M821
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Related news about Secure Things

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Frequently Asked Questions about Secure Things

Secure Things was founded in 2017 and raised its 1st funding round 5 years after it was founded.

Secure Things is headquartered in Sunnyvale, United States. It is registered at Sunnyvale, California, United States.

Vishal Bajpai is the CEO of Secure Things, as recorded in our data. They have also founded this company.

Secure Things is a funded company, having raised a total of $3.5M across 1 funding round to date. The company's 1st funding round was a Seed of $3.5M, raised on Feb 2022.

The primary company behind Secure Things, Securethings.Ai Private Limited, reported revenue of β‚Ή25,394 for FY 2023, down 42% year on year.

Developer of end-to-end automotive cybersecurity solutions. It provides detection, response, recovery, identification, and protection capabilities for connected vehicles. These solutions encompass software protection measures integrated into source code or deployed on binaries, real-time monitoring for anomaly detection, and threat intelligence analysis to proactively mitigate vulnerabilities. The company offers secure over-the-air updates and tools to identify vulnerable devices within a fleet, minimizing the impact of attacks. Its services extend from vehicle to cloud, ensuring continuous monitoring and threat correlation.

Secure Things's top competitors include Eclypsium, Claroty and Finite State.

Secure Things has 4 investors. Key investors include 100Unicorns, Inflexor, RPG Ventures, and SAB Holding.

Secure Things operates through Securethings.Ai Private Limited.

The legal entities of Secure Things currently have 3 directors, including Vishal Bajpai, Preeti Agarwal, Pushpa Bajpai.

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