# SaferPass s.r.o

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/saferpass-s-r-o

- Industry: IT Security/Cybersecurity
- Headquarters: Bratislava, Slovakia
- Website: www.saferpass.com
- Total disclosed funding: $1.1M
- Latest round: Seed (May 17, 2016)
- Investors on record: 2

## About

SaferPass s.r.o is a company that provides a robust password management solution aimed at enhancing online security for individuals and businesses. Its services include secure storage, password generation, and security audits.SaferPass s.r.o specializes in password management services that cater to both consumers and businesses. The company is headquartered in Bratislava, Slovakia. It has received funding through a SEED round in June 2022, raising EUR 1.000 mn from investors including LRJ Capital and Neulogy Ventures, which has contributed to their total amount raised of EUR 1.000 mn.SaferPass offers a comprehensive password management solution for individuals and businesses, featuring automated password autofill, strong password generation, and secure storage for sensitive data like Wi-Fi settings and passport numbers. The service includes a security audit to check compromised accounts and two-factor authentication, aimed at enhancing online safety and user convenience across multiple devices. The company serves a wide range of clients, targeting markets in North America, Europe, and Asia-Pacific.In 2023, SaferPass generated revenues amounting to EUR 9,172,730.50 with an EBITDA of EUR 6,960,759.40. Revenue is primarily derived from annual subscription fees for personal and business plans, which support ongoing service updates and client support.Following its acquisition in June 2022 by Lookout, Inc., SaferPass aims to incorporate smart data security features into its offerings. The recent funding will be utilized to develop new products and expand into new markets in North America and Europe by 2024, enhancing their password management capabilities and security features.

## Funding rounds

- Seed, May 17, 2016, $1.1M — Neulogy Ventures, LRJ Capital

## Investors

- Neulogy Ventures (https://capitalatlas.ai/funds/neulogy-ventures) — Seed
- LRJ Capital — Seed