When was 56 Secure founded?

56 Secure was founded in 2020 and raised its 1st funding round 1 year after it was founded.

Where is 56 Secure located?

56 Secure is headquartered in Bengaluru, India. It is registered at CITADEL PLAZA, NO 3293/A, First Floor, 12th Main Hal, 2nd Stage, Indiranagar, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038.

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?

As of Sep 30, 2026, the latest employee count at 56 Secure is 150.

Is 56 Secure a funded company?

56 Secure is a funded company, having raised a total of $12.2M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jan 20, 2021.

How much is 56 Secure worth?

The latest valuation of 56 Secure is $***** as of Dec 28, 2022.

When was the latest funding round of 56 Secure?

56 Secure's latest funding was a $***** Series A round on Dec 28, 2022, with participation from 0 investor.

What is the annual revenue of 56 Secure?

Annual revenue of 56 Secure is less than ₹10 Cr as on Mar 31, 2024

Where does 56 Secure rank among its competitors?

56 Secure ranks 1st amongst 118 active competitors, of which 11 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Cylake, which secured $245M in Sep, 2026.

Who are the top competitors of 56 Secure?

56 Secure's top competitors include AMAG Technology, Cylake and Bold. Among them, Cylake secured the most recent funding round in September, 2026.

56 Secure - 2026 Company Profile, Team, Funding, Competitors & Financials

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: 56secure.com
Social
Email ID: *****@56secure.com
Registered Address: CITADEL PLAZA, NO 3293/A, First Floor, 12th Main Hal, 2nd Stage, Indiranagar, Indiranagar (Bangalore), Bangalore, Bangalore North, Karnataka, India, 560038

Key Metrics

Founded Year

2020

Location

Bengaluru, India

Stage

Series A

Total Funding

$12.2M in 5 rounds

Latest Funding Round

Series A, Dec 28, 2022, $*****

Post Money Valuation

$***** as on Dec 28, 2022

Investors

Nexus Venture Partners & 33 more

Ranked

1^st among 118 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2024

Employee Count

150 as on Sep 30, 2026

Similar Companies

AMAG Technology & 134 more

View 56 Secure's full profile

56 Secure is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
56 AI TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2020PTC134356 , India, Active	May 27, 2020	0 - ₹10 Cr (As on Mar 31, 2024)	161 (As on Apr 01, 2024)

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 and 17 angel investors.

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

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 28, 2022	7559512	Series A	3652512	4674884	6688790	9004935
Sep 09, 2022	4796740	Series A	8405155	1879072	1491576	Utsav Somani & 2 more
Apr 13, 2022	6407211	Series A	4209478	3012203	RTP Global	Nexus Venture Partners & 6 more

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View details of 56 Secure's funding rounds and investors

The founders of 56 Secure are Sacheth Kadam and Rajiv Subramanian.

Here are the details of 56 Secure's key team members:

Sacheth Kadam: Co-Founder of 56 Secure and founder of 2 other companies, ARMOUR and GraspIO. They serve on the boards of 2 companies.
Rajiv Subramanian: Co-Founder of 56 Secure.

56 Secure's Board of Directors

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

Here is the list of 56 Secure's board of directors:

Name	Type	Representing	Status	Duration
Harshit Sharma	Team	-	Current	6y 5m
ltiasmy	Team	-	Past	1y 9m
{qsqixx	Team	-	Past	4y 4m
dnmfg{x	Independent board member	-	Past	7y 2m

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

56 Secure's employee count trend

56 Secure has 150 employees as of Sep 26. Here is 56 Secure's employee count trend over the years:

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Top competitors of 56 Secure include AMAG Technology, Cylake and Bold. Here is the list of Top 10 competitors of 56 Secure, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	56 Secure 2020, Bengaluru (India), Series A	Provider of integrated security solutions for homes, businesses, and events	$12.2M	Nexus Venture Partners, Titan Capital & 32 others	60/100
2nd	AMAG Technology 1970, Torrance (United States), Acquired	Integrated physical security solutions safeguarding people, buildings, and environments	-	Egis Capital Partners, BellTower Partners	58/100
3rd	Cylake 2026, Sunnyvale (United States), Series A	Developer of an AI-native cybersecurity platform for on-premises or private cloud	$290M	Greylock Partners, Redpoint Ventures & 2 others	56/100
4th	Bold 2024, Israel, Series C	Provider of an endpoint security platform utilizing artificial intelligence agent technology	$40M	Red Dot Capital Partners, Bessemer Venture Partners ... & 1 others	54/100
5th	Octopus Systems 2013, Bnei Brak (Israel), Series A	Provides cloud-based physical security information management system for large facilities	$7.75M	Compass Ventures Group, Awz Ventures & 1 others	49/100
6th	Bold Technologies 1981, Colorado Springs (United States), Acquired	PSIM and alarm monitoring solutions	-	-	46/100
7th	CoreShield 2023, Delhi (India), Seed	Provider of AI powered digital security solutions	$7.81M	ThinKuvate, FITT & 5 others	46/100
8th	ARES Security Corporation 1999, Vienna (United States), Funding Raised	Enterprise security platform providing real-time security design, assessment, and operations	-	DOE, Corbel Capital Partners & 1 others	45/100
9th	Open Alpr 2015, Columbia (United States), Acquired	Provider of automatic license plate recognition technology	-	-	45/100
10th	Noggin 2009, Sydney (Australia), Acquired	Provider of converged security and information management systems	-	Fantail Ventures, KDK Ventures & 1 others	44/100

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56 AI TECHNOLOGIES PRIVATE LIMITED, the legal entity associated with 56 Secure, generated less than ₹10 Cr in revenue for the financial year ending on Mar 31, 2024. The revenue of 56 AI TECHNOLOGIES PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 89% in the last 1 year.

Financial Statement Summary

Metrics	FY 2023-24	FY 2022-23	FY 2021-22	FY 2020-21
Income Statement
Revenue	4191	2162	5999	6659
Total Sales	5824	6980	4345	6024
Total Expenses	5843	1484	4427	4190
Operating Expenses	6824	6325	6396	2764
Employee Expenses	5590	4210	4841	1616
Operating Income (EBIT)	9023	9673	6350	8558
Interest Expenses	1255	8725	5487	9795
Expenses from other activities	9032	4000	3515	5314
EBITDA	1638	1446	1155	5918
Taxes	1101	5602	7462	3169
Net Profit	4376	4584	9205	7687
Balance Sheet
Assets	3859	6941	9543	7865
Accounts Receivables	1922	9589	7572	8511
Inventory	5546	5128	5662	6253
Liabilities	6484	8606	8227	4247
Total Debt	4747	2440	3398	9054
Accounts Payable	4069	4892	2664	1601
Equities	4007	2275	7894	6002

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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. The cap table displayed below is for 56 AI TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with 56 Secure.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	50.25%	188Cr	4629583	2396488	1718761	4456068
Sacheth Kadam	7984010	2642546	9584241	2290786	5664210	8760657
Fund	34.21%	128Cr	6446755	1234946	5196432	1503363
Nexus Venture Partners	8891187	9407686	8265685	9924516	2770959	6772759
RTP Global	2173559	6462156	3596745	1102900	6642849	1211214
Village Global	94	98	29	56	57	18
Utsav Somani	7	8	3	7	1	8
3.0 Fund	0	0	0	0	0	0
Enterprise	0.38%	1.42Cr	0	0	0	0
Angel	2.69%	10.1Cr	34	14	79	61
Rohit Kumar Bansal	0	0	0	0	0	0
ESOP Pool	12.46%	46.7Cr	7301694	5996224	6843508	7722215
Total	99.99%	375Cr	6858176	1647993	2737467	7779110