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GuardSquare - About the company

GuardSquare is an acquired company based in Leuven (Belgium), founded in 2014 by Eric Lafortune and Heidi Rakels. It operates as a Cloud based mobile application security testing solutions. GuardSquare has raised an undisclosed amount in funding, with last known valuation of $*****. The company has 57 active competitors, including 16 funded and 6 that have exited. Its top competitors include companies like Headspin, Zimperium and Appdome.

Company Details

Guardsquare provides cloud based mobile application security testing solutions. It provides protection of mobile applications against reverse engineering and hacking attacks. The product ProGuard provides protection against static analysis, by removing any information from the code that is not strictly necessary for executing it. Some of the features include application code protection, application integrity, communication security, application resource protection, integrations, etc.
Social
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Email ID
*****@guardsquare.com
Registered Address
Tervuursevest 362 3000 Leuven
Key Metrics
Founded Year
2014
Location
Leuven, Belgium
Stage
Acquired
Latest Funding Round
Last Known Valuation
$***** as on Jan 30, 2019
Investors
Ranked
Annual Revenue
€13.2M as on Dec 31, 2021
Employee Count
179 as on Mar 31, 2026
Similar Companies
Exit Details
Acquired by Battery Ventures (Jan 30, 2019)

GuardSquare's acquisition details

GuardSquare got acquired by Battery Ventures on Jan 30, 2019 at an acquisition amount of $29M.
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GuardSquare's funding and investors

GuardSquare has raised funding over 1 round. Its latest funding round was a Seed round on Jul 03, 2025 for $*****. 1 investor participated in its latest round. GuardSquare has 1 institutional investor.

Here is the list of recent funding rounds of GuardSquare:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 03, 2025
1889382
Seed
9149051
2410182
6212272
1611592
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GuardSquare's founders and board of directors

Founder? Claim Profile
The founders of GuardSquare are Eric Lafortune and Heidi Rakels.
Here are the details of GuardSquare's key team members:

GuardSquare's employee count trend

GuardSquare has 179 employees as of Mar 26. Here is GuardSquare's employee count trend over the years:
Employee count trend for GuardSquare
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GuardSquare's Competitors and alternates

Top competitors of GuardSquare include Headspin, Zimperium and Appdome. Here is the list of Top 10 competitors of GuardSquare, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Headspin
Headspin
2014, Palo Alto (United States), Series C
Provider of automated and manual testing platform for mobile and web
$117M
69/100
2nd
Logo for Zimperium
Zimperium
2010, Dallas (United States), Acquired
Provider of mobile threat defense and mobile application protection solutions
$60.1M
65/100
3rd
Logo for Appdome
Appdome
2012, Redwood (United States), Series B
Provider of an AI platform delivering mobile app security and protection
$39.6M
61/100
4th
Logo for GuardSquare
GuardSquare
2014, Leuven (Belgium), Acquired
Cloud based mobile application security testing solutions
-
52/100
5th
Logo for Waldo
Waldo
2018, Brooklyn (United States), Acquired
Platform offering bug fixing software
$15M
48/100
6th
Logo for Sahi
Sahi
2009, Bengaluru (India), Unfunded
Developer of a test automation platform for web, desktop, and mobile
-
-
47/100
7th
Logo for Kobiton
Kobiton
2016, Atlanta (United States), Series B
AI powered automated mobile testing solutions
$40.1M
45/100
8th
Logo for Sofy
Sofy
2017, San Francisco (United States), Seed
Platform offering automated testing software
$9.6M
45/100
9th
Logo for Drizz
Drizz
2024, Bengaluru (India), Seed
Provider of vision AI powered mobile application testing automation platform
$2.7M
45/100
10th
Logo for Appium
Appium
2012, San Francisco (United States), Unfunded
Open Source Mobile App automation testing
-
-
43/100
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GuardSquare's Investments and acquisitions

GuardSquare has made no investments or acquisitions yet.

Reports related to GuardSquare

Here is the latest report on GuardSquare's sector:

News related to GuardSquare

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Media has covered GuardSquare for a total of 7 events in the last 1 year, 3 of them have been about partnerships and 2 about company updates.
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