# Securithings

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/securithings

- Industry: Software
- Headquarters: Tel Aviv-Yafo, Israel
- Website: www.securithings.com
- Total disclosed funding: $39M
- Latest round: Series B (Oct 13, 2022)
- Investors on record: 6

## About

Securithings, Inc., based in Israel, specializes in providing comprehensive solutions for managing and securing physical security devices, enhancing operational efficiency for businesses in various sectors.Founded in 2016 in Tel Aviv-Yafo, Israel, Securithings, Inc. focuses on security device management. The company has completed 4 deals, with the most recent being a Series B funding round on October 13, 2022, where it raised USD 21.00 mn led by US Venture Partners, with participation from Aleph, Cresson Management, FirstTime Ventures, and Swisscom Ventures. The firm's CEO is Roy Dagan, who co-founded the company with Raanan Lidji.SecuriThings offers an integrated platform designed to manage and secure physical security devices across a heterogeneous environment, aiming to streamline operations for businesses. Their core offerings include the Enterprise Platform, which provides comprehensive visibility and operational management capabilities, and the Managed Service Platform, enabling service providers to remotely oversee customer security environments. Key functionalities include automated device management, real-time monitoring, and proactive remediation of device issues, which are essential for clients such as security firms, corporate security teams, and managed service providers. The platform serves a diverse client base, including sectors such as corporate security, loss prevention, and facility management, across geographical markets including North America and Europe.SecuriThings generates revenue through a subscription-based model for its software services, which allows clients to access their suite of physical security management tools. Business transactions typically involve partnerships with managed service providers (MSPs) who utilize the platform to enhance their offerings to end customers. These services may include automated firmware updates, password management, and real-time issue detection, which are critical for maintaining device security and operational efficiency. The pricing structure is designed to cater to businesses of varying sizes, with potential tiered options depending on the scale of device management required. By leveraging their technology, clients can achieve significant cost savings and improved compliance, which reinforces the value proposition of SecuriThings' solutions.In October 2022, Securithings, Inc. secured USD 21.00 mn in Series B funding led by US Venture Partners, which will be utilized to support product research and development and to seek additional investors. The company plans to expand its product service offerings and business reach globally. Specific geographic markets targeted for expansion include North America and Europe, with aims to enhance its platform capabilities to better serve these regions.

## Funding rounds

- Series B, Oct 13, 2022, $21M — US Venture Partners, Aleph, Swisscom Ventures, FirstTime Ventures, Cresson Management
- Series A, Feb 10, 2021, $14M — Aleph, Firstime
- Seed, Jan 1, 2018, $4M — Firstime

## Investors

- Firstime (https://capitalatlas.ai/funds/firstime) — Seed, Series A
- Aleph (https://capitalatlas.ai/funds/aleph) — Series A, Series B
- US Venture Partners (https://capitalatlas.ai/funds/us-venture-partners) — Series B
- Swisscom Ventures (https://capitalatlas.ai/funds/swisscom-ventures) — Series B
- FirstTime Ventures — Series B
- Cresson Management (https://capitalatlas.ai/funds/cresson-management) — Series B