Smartlockr Company Profile

Background

Company Overview

Smartlockr, founded in 2013 and headquartered in Amsterdam, Netherlands, is a cybersecurity firm specializing in secure communication solutions. The company's mission is to prevent data breaches by enabling organizations to communicate securely without disrupting their workflows. Smartlockr's Intelligent Data Protection Platform focuses on the secure transfer of sensitive data, ensuring compliance with regulations such as GDPR and HIPAA.

Evolution and Milestones

• 2013: Established as AttachingIT, addressing the growing demand for secure data exchange.

• 2014: Participated in the Microsoft Accelerator in Berlin, leading to the development of "Secure Mailing."

• 2015: Launched secure mailing services in the Dutch financial market.

• 2018: Rebranded to Smartlockr and introduced the Intelligent Data Protection Platform, expanding into the Swedish market.

• 2021: Joined the Globaliser program to accelerate international growth.

Key Strategic Focus

Core Objectives

Smartlockr aims to provide user-friendly, secure communication tools that integrate seamlessly into existing workflows, minimizing human error and preventing data breaches.

Specialization and Technologies

• Secure Email and File Transfer: Offers encrypted email services and secure file sharing to protect sensitive information.

• Artificial Intelligence Integration: Utilizes AI to automatically detect and secure sensitive data, enhancing security without disrupting user experience.

• Compliance Assurance: Ensures adherence to privacy regulations like GDPR and HIPAA through robust security measures.

Target Markets

Smartlockr serves various sectors, including municipalities, healthcare, legal, accountancy, financial services, and consultancy, focusing on organizations that handle sensitive data and require stringent security measures.

Financials and Funding

Revenue Growth

• 2024: Reported revenue of $2.3 million, an 84.19% increase from the previous year.

• 2023: Revenue stood at $1.2 million.

• 2021: Achieved revenue of $1.9 million.

Funding History

• July 2019: Received growth capital from Value Creation Capital's Security of Things Fund to expand customer base in the Benelux and enter Nordic and German markets.

• April 2021: Secured Series A funding to accelerate the fight against data leaks.

• February 2023: Obtained later-stage venture capital to further international growth and enhance product offerings.

Notable Investors

• Value Creation Capital: Invested through its Security of Things Fund.

• NextGen Ventures: Participated in Series A funding.

• Round2 Capital: Provided later-stage venture capital.

Technological Platform and Innovation

Proprietary Technologies

• Intelligent Data Protection Platform: Combines secure email, file transfer, and communication tools into a unified solution.

Scientific Methodologies

• Machine Learning Algorithms: Employed to detect sensitive data and prevent human errors in communication.

Leadership Team

• Hans de Graaf: Co-Founder & Chief Executive Officer.

• Roham Rahimi: Co-Founder & Chief Operating Officer.

• Arjen Berendsen: Chief Revenue Officer.

• Tom van der Horst: Head of Finance.

• Cristina Collado: Head of Marketing.

Competitor Profile

Market Insights and Dynamics

The email security market is experiencing significant growth due to increasing cyber threats and stringent data protection regulations. Organizations are seeking robust solutions to secure their communications and comply with legal requirements.

Competitor Analysis

• Proofpoint: Holds a 42.53% market share in email security, offering comprehensive protection against various threats.

• SendinBlue: Accounts for 11.59% of the market, providing email marketing and security services.

• Appriver: With a 6.34% market share, offers cloud-based email security solutions.

Notable Competitors

• Zivver: Based in Amsterdam, Netherlands, focuses on secure communication solutions.

• Tessian: A London-based company specializing in email security through machine learning.

• Inky: Provides email protection services, headquartered in Grapevine, TX.

Strategic Collaborations and Partnerships

Smartlockr has engaged in strategic partnerships to enhance its market position and innovation capacity. Notably, the collaboration with Value Creation Capital has provided both financial support and industry expertise, facilitating international expansion and product development.

Operational Insights

Smartlockr differentiates itself through a user-centric approach, integrating security seamlessly into existing workflows to minimize human error. The company's focus on AI-driven solutions and compliance with privacy regulations positions it competitively in the email security market.