Passbolt

IT Security/CybersecuritySeries ALuxembourg, Luxembourgpassbolt.com

Latest round

Series A

Last raised

Jan 2025

Total raised

$8.4M

Investors

7

About Passbolt

Founded in 2016, Passbolt SA specializes in password management solutions tailored for teams. The company is headquartered in Luxembourg and has undergone changes to enhance its offerings to better meet the needs of organizations.00 mn through 6 deals.Passbolt offers an open-source password management platform designed specifically for teams to securely manage and collaborate on passwords, access credentials, and sensitive information. The core product leverages a unique end-to-end encryption model, utilizing public-private key architecture to ensure that only authorized users can access specific credentials. This platform is highly customizable, allowing organizations to tailor security settings to meet their specific policies and workflows. Key functionalities include granular permission management, real-time user activity monitoring, multifactor authentication, and seamless integration with existing Continuous Integration/Continuous Deployment (CI/CD) environments.The revenue model of Passbolt is based on a combination of subscription and self-hosted offerings. Customers can choose from different editions: the Community Edition, which is self-hosted and free forever, ideal for small teams; and the Professional Edition, designed for larger organizations requiring advanced security features and support. Additionally, there is a cloud-hosted version, providing a managed solution for businesses preferring to avoid on-premises setup. Revenue is generated through subscriptions for the Professional and Cloud Editions, where clients pay for added functionalities such as enhanced security compliance, dedicated support, and administrative controls.Passbolt SA is focused on developing new product features aimed at improving user experience and security, with plans for upcoming releases within the next year. The company is targeting expansion into new geographic markets, particularly in North America and Europe, by the end of 2024.

Who invested in Passbolt

7 investors across 4 rounds

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Funding rounds

  1. Series A

    Jan 31, 2025

    Amount

    $2.7M

    Investors

    Locked

  2. Seed

    Oct 31, 2024

    Amount

    $2.7M

    Investors

    Locked

  3. Seed

    Sep 24, 2020

    Amount

    $2.5M

    Investors

    Locked

  4. Seed

    Feb 7, 2019

    Amount

    $0.5M

    Investors

    Locked

Questions about Passbolt

Who invested in Passbolt?

Passbolt has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Passbolt raised?

Passbolt has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Passbolt last raise money?

Passbolt's most recent round on record is a Series A, in Jan 2025.

What does Passbolt do?

Founded in 2016, Passbolt SA specializes in password management solutions tailored for teams.

Where is Passbolt headquartered?

Passbolt is headquartered in Luxembourg, Luxembourg.

Which VCs invest in companies like Passbolt?

Among active investors with capital left to deploy, Index Ventures, Forbion, European Investment Bank and Highland Europe back it security/cybersecurity companies at Passbolt's stage. Their profiles are linked below.

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