# Aiculus Pte

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/aiculus-pte

- Industry: IT Security/Cybersecurity
- Headquarters: Singapore, Singapore
- Website: www.aiculus.co
- Total disclosed funding: $0.5M
- Latest round: Seed (Jul 1, 2020)
- Investors on record: 4

## About

Aiculus Pte Ltd is a Singapore-based firm specializing in advanced API security solutions. Their offerings utilize artificial intelligence to monitor and safeguard API traffic in real-time, ensuring organizational security against evolving digital threats.Founded in 2018 and headquartered in Singapore, Aiculus Pte Ltd provides a critical service in the realm of API security. The company has not undergone any significant pivots and operates independently. Omaru Maruatona leads the company as CEO. Aiculus has successfully secured USD 480,000 in Seed funding on July 1, 2020, from noted investors including Cocoon Capital, CyRise, NUS Enterprise, and Singtel Innov8, bringing the total amount raised to USD 480,000, with a current valuation of USD 2.03 mn.Aiculus specializes in advanced API security solutions that leverage Artificial Intelligence (AI) to monitor and protect API traffic in real-time. The core product, Aiculus API Protector, functions by inspecting all API calls, both from clients to servers (North-South traffic) and between API endpoints (East-West traffic). Through sophisticated machine learning and deep learning techniques, the system detects anomalous patterns and potential threats, such as API credential theft and authentication bypass attacks. The platform is designed for organizations looking to enhance their security posture while utilizing APIs for innovation and growth. Aiculus serves a diverse client base, including security teams, executives, and small to medium-sized businesses, across various geographical markets, including North America, Europe, and Asia-Pacific.Aiculus generated revenue of USD 332,227.90 in the most recent fiscal year (2023) with an EBITDA of USD 19,867.20. The company employs a subscription-based model for its API security solutions, available for both on-premise and cloud deployment. Clients engage with Aiculus primarily through B2B transactions, benefiting from tailored pricing based on their API traffic and specific security needs, along with ongoing support and threat intelligence.Aiculus aims to further develop its product offerings, with plans for new features in the Aiculus API Protector aimed at enhancing detection capabilities by 2024. The company is also strategically targeting expansion into the European and Asia-Pacific markets to increase its client base. The recent Seed funding of USD 480,000 will support these initiatives, focusing on product development and market entry efforts.

## Funding rounds

- Seed, Jul 1, 2020, $0.5M — Singtel Innov8, NUS Enterprise, Cocoon Capital, CyRise

## Investors

- Singtel Innov8 (https://capitalatlas.ai/funds/singtel-innov8) — Seed
- NUS Enterprise (https://capitalatlas.ai/funds/nus-enterprise) — Seed
- Cocoon Capital (https://capitalatlas.ai/funds/cocoon-capital) — Seed
- CyRise (https://capitalatlas.ai/funds/cyrise) — Seed