When was Forticode founded?

Forticode was founded in 2013 and raised its 1st funding round 5 years after it was founded.

Where is Forticode located?

Forticode is headquartered in Melbourne, Australia.

How many employees does Forticode have?

As of Jul 01, 2024, the latest employee count at Forticode is 12.

Is Forticode a funded company?

Forticode is a funded company, having raised a total of $1.3M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Mar 05, 2018.

When was the latest funding round of Forticode?

Forticode's latest funding was a $***** Grant (prize money) round on Dec 07, 2018, with participation from 1 investor. Its primary sector is Cybersecurity. In Australia, the Cybersecurity sector has seen $12.5M in funding in 2026 to date.

Where does Forticode rank among its competitors?

Forticode ranks 10th amongst 34 active competitors, of which 6 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was WISeKey, which secured an undisclosed amount in Aug, 2023.

Who are the top competitors of Forticode?

Forticode's top competitors include WISeKey, Mypinpad and Idfy. Among them, WISeKey secured the most recent funding round in August, 2023.

Forticode - 2026 Company Profile, Team, Funding & Competitors

Company Details

Forticode develops software systems to prevent fraud and identity theft across enterprise systems that require a user to authenticate (password/PIN). Provides passwordless authentication on top of existing authentication processes. Product Forticode Authentication Platform removes the traditional requirement for external hardware (tokens / dongles / biometric readers) from the authentication equation, and does not rely upon secondary SMS delivery techniques. Users never type in or enter their secret keyword into a system. Claims to protect against keylogger, spam based phishing, MITM attack, card sniffers, malware & keyboard overlays. Technology is based on patented method of uniquely and randomly encrypting the connection between the client interface and the secure system to prove their identity in plain sight in any location using any device without changing their behaviour, combined with uniquely abstracted back end encryption technology.

Website: forticode.com
Social

Key Metrics

Founded Year

2013

Location

Melbourne, Australia

Stage

Seed

Total Funding

$1.3M in 2 rounds

Latest Funding Round

Grant (prize money), Dec 07, 2018, $*****

Investors

AustCyber & 1 more

Ranked

10^th among 34 active competitors

Employee Count

12 as on Jul 01, 2024

Similar Companies

WISeKey & 53 more

View Forticode's full profile

Forticode has raised a total funding of $1.3M over 2 rounds. Its first funding round was on Mar 05, 2018. Its latest funding round was a Grant (prize money) round on Dec 07, 2018 for $*****. 1 investor participated in its latest round. Forticode has 2 institutional investors.

Here is the list of recent funding rounds of Forticode:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 07, 2018	5303066	Grant (prize money)	4726916	2887847	8315953	3298309
Mar 05, 2018	3522207	Seed	7891959	1255919	7544129	Pronto

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View details of Forticode's funding rounds and investors

Forticode's employee count trend

Forticode has 12 employees as of Jul 24. Here is Forticode's employee count trend over the years:

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Top competitors of Forticode include WISeKey, Mypinpad and Idfy. Here is the list of Top 10 competitors of Forticode, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	WISeKey 1999, Geneva (Switzerland), Public	Provider of semiconductors, digital identity solutions, and security and IoT services	$139M	Nice & Green, GVA & 4 others	69/100
2nd	Mypinpad 2012, Cardiff (United Kingdom), Series C	Payment security solutions via PIN authentication	$32.1M	Crossfin, Panquita & 78 others	54/100
3rd	Idfy 2012, Bergen (Norway), Acquired	Provider of secure authentication process	-	-	45/100
4th	Cryptovision 1999, Gelsenkirchen (Germany), Acquired	Provider of cryptography and electronic identity solutions	-	Sirius Venture Partners, Mountain Partners ... & 7 others	43/100
5th	Capy 2012, Chuo City (Japan), Series A	Javascript & python based freestyle puzzle captcha for authentication	$1.84M	Orange Fab Asia, JAFCO Group & 6 others	38/100
6th	DailyCred 2011, San Francisco (United States), Seed	Authentication based login and authentication backend as service	$120K	AngelPad, Verizon Media & 3 others	38/100
7th	QSecure 2003, Los Altos (United States), Series D	Secure domain marketplace offering buyer protection and easy transfer	$28.5M	Worldview Technology Partners, Societe Generale ... & 4 others	34/100
8th	Thor Technologies 1990, New York City (United States), Acqui-Hired	Provider of identity management solutions for enterprises	$15M	Longworth Venture Partners, Bain Capital Ventures ... & 3 others	34/100
9th	Finsphere 2007, Bellevue (United States), Deadpooled	Mobile device data analytics based authentication of financial transacttion	$31.3M	Shasta Ventures, Vodafone & 4 others	34/100
10th	Forticode 2013, Melbourne (Australia), Seed	Encryption & random challenge based user authentication solution	$1.3M	AustCyber, Pronto	34/100