About Verisec
Verisec is a publicly listed company based in Stockholm (Sweden) founded in 2002. Two-factor authentication-based IAM solutions are provided for secure access. Verisec offers products and services including VERISEC 10XPAY, VerisecUP, and Cryptographic Services. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Hardware Security Module (HSM). Its legal entity is Verisec AB (publ).
Company details
Verisec was founded in 2002 in Stockholm, Sweden, as a provider of identity and access management solutions centered on two-factor authentication. These services are targeted at the banking, government, and business enterprise sectors. Cloud-based identity management, mobile authentication options, login devices, and related products are offered to support secure operations across various industries.
- Headquarters Stockholm, Sweden
- Stage Public
- SectorsTechnology
- Email••••••••
- Website verisec.com
- Social LinkedIn X Facebook
- Legal Name Freja Eid Group Ab
- Annual Revenue$5.55 M (USD)16.36as on Dec 31, 2025
- Net Profit-$1.66 M (USD)34.47as on Dec 31, 2025
- EBITDA-$1.03 M (USD)39.99as on Dec 31, 2025
- Latest Funding Round$3.84M (USD), Post-IPO
Nov 2016
Products & Services of Verisec
Verisec offers a comprehensive portfolio of products and services, including VERISEC 10XPAY, VerisecUP, and Cryptographic Services.
Provides PCI DSS compliant cryptography for secure card payments.
Offers API-based strong authentication for digital transactions.
Delivers infrastructure for securing data and online communications.
Funding Insights of Verisec
- Total Rounds 1
- Last Round Post-IPO — $3.84M
- First Round $3.84M
(Nov 2016)
All 1 funding rounds of Verisec with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov 2016 | $3.84M | Post-IPO | – | – | – |
IPO & Listings of Verisec
Verisec is a publicly listed company on the OMXSTO with ticker symbol FREJA in Sweden, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- Listed onOMXSTO: FREJA
- Listed entityFreja eID Group AB
- Exchange sectorCommercial services
- ISINSE0015950308
- Share price17.95 SEK (-4.77% on the day) · 2026-10-14
- Market capitalisation568,804,428.00 SEK
- EPS (diluted, trailing year)-0.50 SEK
- Volume (last session)43,455
Financials of Verisec
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 51.1M SEK | -15.3M SEK | -9.5M SEK |
| 2024 | 43.9M SEK | -23.4M SEK | -15.8M SEK |
| 2023 | 36.3M SEK | -32.0M SEK | -25.5M SEK |
| 2022 | 29.4M SEK | -38.8M SEK | -33.1M SEK |
| 2021 | 20.6M SEK | -52.3M SEK | -44.0M SEK |
Detailed financial statements for Verisec
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Verisec
2 dated milestones of Verisec across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Verisec is founded.
- Funding First funding round of $3.8M.
Web traffic of Verisec
Websites that share an audience with Verisec (verisec.com).
Websites whose visitors overlap most with Verisec. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| provision.ro | 100% | #11,758,943 | View details | ||
openauthentication.org | openauthentication.org | 98% | #14,145,474 | – | |
| rcdevs.com | 95% | 32.9K | #1,185,615 | View details | |
winstart.rs | winstart.rs | 67% | – | ||
envoydata.com | envoydata.com | 58% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for Verisec
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
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Related news about Verisec
Complete news archive for Verisec
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Frequently Asked Questions about Verisec
Verisec was founded in 2002 and raised its 1st funding round 14 years after it was founded.
Verisec is headquartered in Stockholm, Sweden.
Annual revenue of Verisec is $5.55M as on Dec 31, 2025.
Verisec was founded in 2002 in Stockholm, Sweden, as a provider of identity and access management solutions centered on two-factor authentication. These services are targeted at the banking, government, and business enterprise sectors. Cloud-based identity management, mobile authentication options, login devices, and related products are offered to support secure operations across various industries.
Verisec offers VERISEC 10XPAY, VerisecUP, and Cryptographic Services.
Yes, Verisec is publicly traded on OMXSTO under the ticker symbol FREJA.
Verisec operates through Verisec Ab (Publ).