Where is 56 Secure located?

56 Secure is located in Bengaluru, India .

Which legal entities is 56 Secure associated with?

56 Secure is associated with 56 Ai Technologies Private Limited.

How many employees does 56 Secure have?

56 Secure has 161 employees as of Apr 30, 2024.

Is 56 Secure a funded company?

56 Secure is a funded company, its first funding round was on Jan 20, 2021.

How much is 56 Secure worth?

The latest valuation of 56 Secure is $45.3M as on Dec 28, 2022.

When was the latest funding round of 56 Secure?

56 Secure's latest funding round was on Dec 28, 2022.

What is the annual revenue of 56 Secure?

Annual revenue of 56 Secure is 鈧�3.75颁谤 as on Mar 31, 2023.

Where does 56 Secure rank among its competitors?

56 Secure ranks 2 amongst 74 active competitors.

Who are the top competitors of 56 Secure?

56 Secure's top competitors are NATIX Network, Torq and X Tag.

56 Secure - 2025 Company Profile, Funding, Competitors & Financials

56 Secure is a series A company based in Bengaluru (India), founded in 2020 by Harshit Sharma, and . It operates as a Provider of integrated security solutions for homes, businesses, and events. 56 Secure has raised $12.2M in funding from Nexus Venture Partners and RTP Global, with a current valuation of $45.3M. The company has 74 active competitors, including 8 funded and 7 that have exited. Its top competitors include companies like NATIX Network, Torq and X Tag.

Company Details

Provider of integrated security solutions for homes, businesses, and events. This includes AI-powered camera systems, access control, and a network of security agents offering real-time monitoring and rapid response to incidents. Services encompass property protection, personal safety features like SOS alerts and location sharing, and customized task management for various security needs. The platform offers complete control over security setups, allowing users to manage their systems and receive comprehensive updates on their property's security status. Professional monitoring ensures continuous surveillance and swift intervention in case of emergencies.

Website
Social
Email ID: @56secure.com

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Series A

Total Funding

in 5 rounds

Latest Funding Round

Post Money Valuation

as on Dec 28, 2022

Investors

Nexus Venture Partners & 33 more

Ranked

2^nd among

Annual Revenue

as on Mar 31, 2023

Employee Count

as on Apr 30, 2024

Similar Companies

NATIX Network &

Legal entities associated with 56 Secure

56 Secure is associated with 1 legal entity given below:

Legal Entity Name	Date of incorporation	Revenue	Net Profit	Employee Count
56 Ai Technologies Private Limited	2020	$468K (as on Mar 31, 2023)	119	898

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56 Secure has raised a total funding of $12.2M over 5 rounds. Its first funding round was on Jan 20, 2021.

56 Secure has 17 institutional investors including Nexus Venture Partners, RTP Global and Titan Capital. Nexus Venture Partners is the largest institutional investor in 56 Secure. Nitin Gupta and 16 others are Angel Investors in 56 Secure.

Here is the list of recent funding rounds of 56 Secure:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Dec 28, 2022	$318K	Series A	6780380	8100017	-
Sep 09, 2022	$613K	Series A	6439776	9896866	-
Apr 13, 2022	$8.4M	Series A	7550060	7969641	RTP Global, Nexus Venture Partners, and

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View details of 56 Secure's funding rounds and investors

56 Secure's valuation details

56 Secure is valued at $45.3M as per the latest available filings. Here is 56 Secure's valuation trend over time:

Date	Valuation
Dec 22	$45.3M
Sep 22	437
Apr 22	705
Jun 21	609
May 21	813
Jan 21	131

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The founders of 56 Secure are Harshit Sharma, and . has founded 2 more companies - ARMOUR and GraspIO. Harshit Sharma has founded 1 more company - ARMOUR.

56 Secure's board has 2 active members. Harshit Sharma and are part of team.

View details of 56 Secure's Founder profiles and Board Members

56 Secure's employee count trend

56 Secure has 161 employees as of Apr 24. The total employee count is 3.9% more than what it was in Apr 23. Here is 56 Secure's employee count trend over the years:

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Top competitors of 56 Secure include NATIX Network, Torq and X Tag. Here is the list of Top 10 competitors of 56 Secure, ranked by 秘密研究所 score :

Overall Rank	Company Details	Short Description	Total Funding	Investors	秘密研究所 Score
1st	NATIX Network 2019, Hamburg (Germany), Series A	Online platform for building virtual land-based NFTs in the metaverse	$8.1M	Techstars, Plug and Play Tech Center听&补尘辫;听	68/100
2nd	2020, Bengaluru (India), Series A	Provider of integrated security solutions for homes, businesses, and events	$12.2M	Nexus Venture Partners, RTP Global听&补尘辫;听	65/100
3rd	Torq 2019, Tel Aviv (Israel), Series C	AI based hyperautomation platform	$192M	Bessemer Venture Partners, Insight Partners听&补尘辫;听	64/100
4th	X Tag 2014, London (United Kingdom), Acquired	Provider of software to manage safety and compliances in properties	$24.4M	Waterland	57/100
5th	Noggin 2009, Sydney (Australia), Acquired	Provider of converged security and information management systems	-	Fantail Ventures, KDK Ventures听&补尘辫;听	52/100
6th	AxxonSoft 2003, Moscow (Russia), Unfunded	Integration software for Surveillance and security systems- PSIM	-	-	50/100
7th	CriticalArc 2011, Sutherland (Australia), Seed	Cloud-based solution to track, control & orchestrate physical incident response	$2M	, Artesian听&补尘辫;听	50/100
8th	Octopus Systems 2013, Bnei Brak (Israel), Series A	Provides cloud-based physical security information management system for large facilities	$7.75M	Compass Ventures Group, Singulariteam听&补尘辫;听	49/100
9th	IDCUBE Identification Systems 2005, Noida (India), Seed	Provider of cloud-based security and information management systems	$241K	FalconX, Polaris Banyan Holding听&补尘辫;听	47/100
10th	ARES Security Corporation 1999, Vienna (United States), Funding Raised	Developer of situational awareness and risk management suite	-	, Corbel Capital Partners	46/100

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Founders (largest shareholder) own 50.25%, Funds own 34.21%, Enterprises own 0.38% and Angels own 2.69%. The net worth of 56 Secure's founders is INR 188Cr as of Dec 28, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative investment	Realised returns	Unrealised returns	Return multiple
Founder	50.25%	188Cr	7325724	6354496	9673623	3486771
Harshit Sharma	7941764	7120365	9043811	8207307	1493191	3616484
	5599913	6787838	6899194	1505280	2359002	7450858
Fund	34.21%	128Cr	1172117	7088480	9063900	4053812
Nexus Venture Partners	9538716	4012915	2288629	8545925	7966153	8480385
RTP Global	1717852	3171851	2424399	9063911	6538801	5745126
Village Global	51	90	53	44	48	81
Enterprise	0.38%	1.42Cr	0	0	0	0
Angel	2.69%	10.1Cr	15	42	41	47
Rohit Bansal	0	0	0	0	0	0
ESOP Pool	12.46%	46.7Cr	9716195	8015492	5194055	2188864
Total	99.99%	375Cr	6926330	4095386	7305566	9574030