About Yubico
Yubico is a company based in Stockholm (Sweden) founded in 2007 by Jakob Ehrensvard and Stina Ehrensvard.. Yubico has raised $30 million across 5 funding rounds from investors including NIST, Bure Equity and Meritech Capital. The company has 473 employees as of December 31, 2024. Yubico operates in a competitive market with competitors including Okta, Ping Identity, ForgeRock, ID.me and Stytch, among others.
- Headquarter Stockholm, Sweden
- Employees 473 as on 31 Dec, 2024
- Founders Jakob Ehrensvard, Stina Ehrensvard
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Yubico Ab
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Annual Revenue
$211.24 M (USD)27.3as on Dec 31, 2024
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Net Profit
$33.7 M (USD)184.61as on Dec 31, 2024
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EBITDA
$42.41 M (USD)56.09as on Dec 31, 2024
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Total Equity Funding
$30 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
NIST
& 5 more
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Employee Count
473
as on Dec 31, 2024
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IPO & Listings of Yubico
Yubico is a publicly listed company on the OMXSTO with ticker symbol YUBICO in Sweden, operating in the Distribution 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.
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Software Development Team
57 people
Sales and Marketing
39 people
Leadership Team
26 people
Senior Team
23 people
Solutions Team
10 people
Human Resources and Administration
9 people
Finance and Accounting
7 people
Customer Team
5 people
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Funding Insights of Yubico
Yubico has successfully raised a total of $30M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(25 Aug 2016)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2019 | Amount | Series A - Yubico | Valuation | Meritech | |
| May, 2018 | Amount | Series A - Yubico | Valuation | a16z |
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| Jun, 2017 | Amount | Series A - Yubico | Valuation | New Enterprise Associates , The Valley Fund |
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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 Yubico
Yubico has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include NIST, Bure Equity and Meritech Capital. 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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Private equity investments are directed toward US-based companies.
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Founded Year | Domain | Location | |
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Founded Year | Domain | Location | |
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Venture capital investments are offered to startups by NEA.
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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 Yubico
| 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 - Yubico
| 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 |
Yubico Comparisons
Competitors of Yubico
Yubico 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 Okta, Ping Identity, ForgeRock, ID.me and Stytch, 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 |
Cloud-based identity management and authentication are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based identity management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based identity verification solutions are provided for customers.
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| domain | founded_year | HQ Location |
Secure cloud-based identity management and authentication solutions are offered.
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| domain | founded_year | HQ Location |
User authentication solutions are provided for modern applications.
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| domain | founded_year | HQ Location |
Cloud-based directory management for user and IT authentication is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Yubico
Frequently Asked Questions about Yubico
When was Yubico founded?
Yubico was founded in 2007 and raised its 1st funding round 9 years after it was founded.
Where is Yubico located?
Yubico is headquartered in Stockholm, Sweden.
Who is the current CEO of Yubico?
Mattias Danielsson is the current CEO of Yubico.
Is Yubico a funded company?
Yubico is a funded company, having raised a total of $30M across 5 funding rounds to date. The company's 1st funding round was a Series A of $30M, raised on Aug 25, 2016.
How many employees does Yubico have?
As of Dec 31, 2024, the latest employee count at Yubico is 473.
What is the annual revenue of Yubico?
Annual revenue of Yubico is $211.24M as on Dec 31, 2024.
What does Yubico do?
Yubico was founded in 2007 in Stockholm, Sweden, and operates in the cybersecurity sector. A variety of hardware and software products, such as the YubiKey, are offered to enhance security for user logins and access to digital systems and applications. These solutions are utilized across global markets to support authentication needs in various industries.
Who are the top competitors of Yubico?
Yubico's top competitors include Ping Identity, Okta and ForgeRock.
Is Yubico publicly traded?
Yes, Yubico is publicly traded on OMXSTO under the ticker symbol YUBICO.
Who are Yubico's investors?
Yubico has 6 investors. Key investors include NIST, Bure Equity, Meritech Capital, Andreessen Horowitz, and NEA.
What is Yubico's ticker symbol?
The ticker symbol of Yubico is YUBICO on OMXSTO.
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