# Ajax Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ajax-systems

- Industry: Hardware
- Headquarters: Kyiv, Ukraine
- Website: www.ajax.systems
- Total disclosed funding: $1M
- Latest round: Seed (May 1, 2015)
- Investors on record: 1

## About

Ajax Systems Inc. is a technology company specializing in advanced security solutions that enhance safety and automation across various sectors, including residential and commercial markets.Ajax Systems Inc., founded in 2011 in Kyiv, Ukraine, provides innovative security solutions. The company has raised a total of USD 10.00 mn through a TRADE SALE in March 2019, where Horizon Capital acquired a minority stake. The founder, Thanasis Gogas, has a background in technology and innovation. Ajax has completed 3 deals to date, with their headquarters located in Kyiv, Ukraine.Ajax Security offers a comprehensive suite of security solutions tailored for residential, commercial, and industrial applications. Their product line includes advanced intrusion protection systems, video surveillance tools, and fire safety solutions, such as the UL-certified FireProtect 2 series and the Ajax Wi-Fi security camera. Serving over 4 million users globally, Ajax also provides customizable security kits through their Ajax Academy, addressing diverse safety and automation needs.In 2020, Ajax Systems Inc. reported a revenue of USD 5,469,796 and an EBITDA of USD 329,788. The company's revenue streams include direct product sales and partnerships with authorized resellers, supported by strategic pricing models catering to various customer segments.Looking ahead, Ajax Systems plans to expand its product offerings, with new releases aimed at enhancing their existing security solutions. The recent funding from Horizon Capital will be directed towards product development and market expansion initiatives. Ajax is focusing on growth in strategic markets, particularly in North America and Europe, by the end of 2023, to further enhance their global presence.

## Funding rounds

- Seed, May 1, 2015, $1M — SMRK VC Fund

## Investors

- SMRK VC Fund (https://capitalatlas.ai/funds/smrk-vc-fund) — Seed