SecurePass

Bengaluru, India Founded: 2016 • Age: 10 yrs Minicorn
Cloud-based access control is managed for residential and commercial buildings.

About SecurePass

SecurePass is a company based in Bengaluru (India) founded in 2016 by Akash Goel. SecurePass has raised $1.24 million across 3 funding rounds from investors including Times Internet, IvyCap Ventures and Surendra Kumar Jain. The company has 28 employees. SecurePass operates in a competitive market with competitors including Openpath, Brivo, Ajax Systems, Proxyclick and Minut, among others.

  • Headquarter Bengaluru, India
  • Employees 28
  • Founders Akash Goel
  • Stage Minicorn
  • Sectors
    Business Services
    Industrial Goods & Manufacturing Real Estate & Construction
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website thesecurepass.com
  • Social LinkedIn X Facebook
  • Legal Name Singularity Automation Private Limited
  • Date of Incorporation 14 Oct, 2016
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹2.65 Cr

    FY 2020 · +427% YoY

  • Net Loss
    -₹7.5 Lakh

    FY 2020 · -3% margin

  • EBITDA
    -₹1.8 Lakh

    FY 2020 · -1% margin

  • Total Equity Funding
    $1.24M (USD)

    in 3 rounds

  • Latest Funding Round
    $1.16M (USD), Seed

    Feb 2020

  • Investors
  • Employee Count
    28

Funding Insights of SecurePass

SecurePass has successfully raised a total of $1.24M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $1.16 million completed in February 2020. 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 $1.24M
  • Total Rounds 3
  • Last Round Seed β€” $1.16M
  • First Round $46,568

    (Jul 2017)

  • Investors Count 3

All 3 funding rounds of SecurePass with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Feb 2020$1.16MSeed–IvyCap Ventures Advisors
–
Jan 2019$31,443Angel Round$2.49MSurendra Kumar Jain
–
Jul 2017$46,568Seed$524,138Times Internet
–
Valuation history
DateValuationStage
Jan 2019$2.49Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $2.49M (Jan 2019). 3 investors in total: 2 institutional and 1 angel.

Investors in SecurePass

SecurePass has secured backing from 3 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Times Internet, IvyCap Ventures and Surendra Kumar Jain.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital investments in startups from leading Indian institutions across various sectors.
2011ivycapventures.comMumbai, India
Provider of digital content, advertising solutions, and technology services
1999timesinternet.inGurugram, India

Surendra Kumar Jain

-
–unknown_5190b088c79445af8-
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Investor details for SecurePass

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  • Round participation
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Board of directors of Singularity Automation Private Limited (SecurePass)

Singularity Automation Private Limited is the primary company behind SecurePass. The board of Singularity Automation Private Limited currently have 2 directors; the longest-serving is Akash Goel, appointed in 2016. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Akash Goel
DIN 06765747
Director14 Oct 20169 yrs 11 moSingularity Automation Private Limited
Chakradhar Reddy Veeramreddy
DIN 06765751
Director14 Oct 20169 yrs 11 moSingularity Automation Private Limited

People of SecurePass

1 people are tracked at SecurePass (1 in leadership); the tracked headcount is 28.

NameRoleGroup
Co-FounderLeadership
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Financials of SecurePass

Figures of Singularity Automation Private Limited, the primary company behind SecurePass, for FY 2020. Revenue was ₹2.65 Cr (+427% year on year). Net loss was -₹7.5 Lakh (-3% margin). EBITDA was -₹1.8 Lakh (-1% margin).

  • ₹2.65 CrRevenue · FY 2020 · +427% YoY
  • -₹7.5 LakhNet loss · -3% margin
  • -₹1.8 LakhEBITDA · -1% margin
  • ₹2.1 LakhPaid-up capital
  • 28Employees (provident fund records)

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

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Detailed financial statements for SecurePass

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  • Statement rows
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  • Downloads

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Timeline of SecurePass

4 dated milestones of SecurePass across 4 years, from founding to its latest funding, stage changes and deals.

  1. Founded SecurePass is founded.
  2. Funding First funding round of $47K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $1.2M.

Competitors of SecurePass

SecurePass 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 Openpath, Brivo, Ajax Systems, Proxyclick and Minut, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
openpath.com2016Culver, United States$63M83
Cloud-based access control systems with mobile credentials are provided.
brivo.com1999Bethesda, United States$92M265
Developer of AI and cloud-based integrated access control systems
ajax.systems2011New York, United States$11M–
Connected security systems with detectors and hubs are provided.
proxyclick.com2004Brussels, Belgium$18.55M80
Cloud-driven visitor management software is provided for workplaces.
minut.com2014Malmo, Sweden$30.71M–
Security sensors for residential hazard detection are developed.
swiftconnect.io2020Stamford, United States$73M–
Cloud-based visitor management software is offered for commercial spaces.
carson.live2017New York, United States$3M13
Visitor management is facilitated for residential properties.
spintly.com2017Salcete, India$5.87M119
Provider of a cloud-based, wireless access control platform allowing users to access doors using their smartphones
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Detailed competitors of SecurePass

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
  • Benchmarks
  • Competitive positioning

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Web traffic of SecurePass

The website of SecurePass (thesecurepass.com) receives about 3.6K visits a month.

  • Monthly visits
    3.6K

    ▲ 96% vs previous month

Similar companies to SecurePass

10 companies that operate in the same segment as SecurePass (Facility Management Platforms), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Cloud-based software is provided for managing outdoor events and activities.
1999Dallas, Texas, United StatesUSD 313.84 M–2,458
Provider of smart thermostats for commercial and residential applications
2007Toronto, Ontario, CanadaUSD 151.52 M––
Envoy is recognized for providing workplace management solutions.
2013San Francisco, California, United StatesUSD 170.5 M––
IoT connectivity platform from prototype to production is developed.
2011San Francisco, California, United StatesUSD 134.87 M–109
Cloud-based video intercoms and physical security systems are provided.
2000Tysons, Virginia, United StatesUSD 137.36 MUSD 1.01 B2,009
Provider of interior design, product supply, and project management services for facilities
2011Mumbai, Maharashtra, IndiaUSD 21.3 MUSD 10.46 M292
End-to-end energy management solutions are provided for utilities worldwide.
1896Zug, Zug, SwitzerlandUSD 1.03 BUSD 1.17 B6,300
Corporate workplace and cafeteria digitization solutions are provided.
2014Bengaluru, Karnataka, IndiaUSD 2.24 MUSD 24.03 M594
Cloud and app-based facility management and service automation platform
1999New York, New York, United StatesUSD 56 M––
SaaS-based CAFM software is delivered for commercial facility management.
1995Leicester, England, United KingdomUSD 23.43 MUSD 98.38 M774
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Frequently Asked Questions about SecurePass

SecurePass was founded in 2016 and raised its 1st funding round 1 year after it was founded.

SecurePass is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

SecurePass is a funded company, having raised a total of $1.24M across 3 funding rounds to date. The company's 1st funding round was a Seed of $46.57K, raised on Jul 2017.

SecurePass has 28 employees.

The primary company behind SecurePass, Singularity Automation Private Limited, reported revenue of β‚Ή2.65 Cr for FY 2020, up 427% year on year.

SecurePass was founded in 2016 in Bengaluru, India, and operates in the security technology sector. A cloud-based platform is provided for access control in residential and commercial buildings. Services include touchless entry systems, fever detection integration, visitor tracking, and attendance monitoring. Operations focus on scalable solutions for building management across urban environments.

SecurePass's top competitors include Openpath, Ajax Systems and Minut.

SecurePass has 3 investors. Key investors include Times Internet, IvyCap Ventures, and Surendra Kumar Jain.

The valuation of SecurePass is $2.49M as of Jan 2019.

SecurePass operates through Singularity Automation Private Limited.

The legal entities of SecurePass currently have 2 directors, including Akash Goel, Chakradhar Reddy Veeramreddy.

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