About SecurTime
SecurTime is a company based in Bengaluru (India) founded in 2012 by Praveen Gongireddy and Prasanna Kumar Kotha was acquired by ADP in January 2023. SecurTime has raised $2.15 million across 7 funding rounds from investors including ADP, Axilor Ventures and Parampara Capital. The company has 67 employees as of March 28, 2024. SecurTime operates in a competitive market with competitors including Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
- Headquarter Bengaluru, India
- Employees 67 as on 28 Mar, 2024
- Founders Praveen Gongireddy, Prasanna Kumar Kotha
- Stage Minicorn
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Securax Tech Solutions (India) Private Limited
- Date of Incorporation 19 Mar, 2012
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$855.2 K (USD)11486296.17as on Mar 31, 2023
-
Net Profit
-$455.78 K (USD)-17769859.68as on Mar 31, 2023
-
EBITDA
-$219.21 K (USD)-39573266.92as on Mar 31, 2023
-
Total Equity Funding
$2.15 M (USD)
in 7 rounds
-
Latest Funding Round
$801.5 K (USD), Seed
Mar 24, 2023
-
Investors
ADP
& 19 more
-
Employee Count
67
as on Mar 28, 2024
-
Acquired by
ADP
(Jan 18, 2023)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Funding Insights of SecurTime
SecurTime has successfully raised a total of $2.15M across 7 strategic funding rounds. The most recent funding activity was a Seed round of $801.5 thousand completed in March 2023. 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.
Investors in SecurTime
SecurTime has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include ADP, Axilor Ventures and Parampara Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Venture capital firm investing in early-stage startups in technology sectors.
|
Locked | Locked | Locked | |
|
Venture capital firm focused on healthcare, consumer, and multiple sectors
|
Locked | Locked | Locked | |
|
Angel investor network for businesses
|
Locked | Locked | Locked |
Investor details for SecurTime
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by SecurTime
Investment portfolio details for SecurTime
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - SecurTime
Detailed financials for SecurTime
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Securtime Comparisons
Peer comparison for SecurTime
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of SecurTime
SecurTime 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 Legion, WorkJam, Harri, Work Market and Eden Workplace, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Workforce management solutions are provided through intelligent automation technology.
|
|
| Locked | Locked | Locked |
Hourly workforce schedules and communications are managed via software.
|
|
| Locked | Locked | Locked |
Recruitment and workforce management are offered for hospitality.
|
|
| Locked | Locked | Locked |
Freelance management, payments, and reporting are facilitated by AI software.
|
|
| Locked | Locked | Locked |
SaaS-based workplace management software for offices is delivered.
|
|
| Locked | Locked | Locked |
Cloud-based HCM software is provided for enterprise HR processes.
|
Detailed competitors of SecurTime
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Securtime
Complete news archive for SecurTime
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about SecurTime
SecurTime was founded in 2012 and raised its 1st funding round 2 years after it was founded.
SecurTime is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Prasanna Kumar Kotha is the current CEO of SecurTime. They have also founded this company.
SecurTime is a funded company, having raised a total of $2.15M across 7 funding rounds to date.
As of Mar 28, 2024, the latest employee count at SecurTime is 67.
Annual revenue of SecurTime is $855.2K as on Mar 31, 2023.
Cloud-based suite solutions for contingent workforce management. It offers features such as live attendance tracking, alerts, and notifications management, shift scheduling, dashboard analytics, reports generation, payroll management, and more. It allows users to apply for leave and manages holidays. It is a tool available on the subscription based pricing model.
SecurTime has 20 investors. Key investors include ADP, Axilor Ventures, Parampara Capital, Pratithi Investments, and Naga Raju Kotha.
The valuation of SecurTime is $16.06M as of Mar 2023.