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Secro - About the company

Secro is a series A company based in Wilmington (United States), founded in 2021 by Michele Sancricca. It operates as a The company offers decentralized electronic bill of lading platform for cross border trading of commodities. Secro has raised $18.2M in funding from investors like Augment Ventures, Sway Ventures and Assembly Ventures. The company has 114 active competitors, including 17 funded and 11 that have exited. Its top competitors include companies like Vector, WaveBL and BasicBlock.

Company Details

Website
secro.io
Email ID
*****@secro.io
Key Metrics
Founded Year
2021
Location
Wilmington, United States
Stage
Series A
Total Funding
$18.2M in 3 rounds
Latest Funding Round
Ranked
Employee Count
55 as on Jun 30, 2026
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Secro's funding and investors

Secro has raised a total funding of $18.2M over 3 rounds. Its first funding round was on Sep 22, 2023. Its latest funding round was a Series A round on May 26, 2025 for $*****. 7 investors participated in its latest round. Secro has 12 institutional investors.

Here is the list of recent funding rounds of Secro:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 26, 2025
2996773
Series A
5993719
5227911
6876915
7181601
Feb 2024
2867603
Seed
6050113
9070930
9697719
Sep 22, 2023
3738416
Seed
8774211
5104307
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Secro's founders and board of directors

Founder? Claim Profile
The founders of Secro is Michele Sancricca.
Here are the details of Secro's key team members:

Secro's employee count trend

Secro has 55 employees as of Jun 26. Here is Secro's employee count trend over the years:
Employee count trend for Secro
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Secro's Competitors and alternates

Top competitors of Secro include Vector, WaveBL and BasicBlock. Here is the list of Top 10 competitors of Secro, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Vector
Vector
2014, San Francisco (United States), Series A
Document and transport management solutions for the logistics industry
$12M
65/100
2nd
Logo for Secro
Secro
2021, Wilmington (United States), Series A
The company offers decentralized electronic bill of lading platform for cross border trading of commodities
$18.2M
54/100
3rd
Logo for WaveBL
WaveBL
2014, Kfar Saba (Israel), Series B
Provider of a blockchain platform for electronic bills of lading
$37M
57/100
4th
Logo for BasicBlock
BasicBlock
2018, Omaha (United States), Series A
Provider of document scanning software for carriers
$88.2M
55/100
5th
Logo for Outgo
Outgo
2016, Seattle (United States), Acquired
Accounting and invoice management software
$18.4M
52/100
6th
Logo for Expedock
Expedock
2019, Palo Alto (United States), Series A
Provider of AI & web-based automated document processing solutions
$18.7M
48/100
7th
Logo for CargoX
CargoX
2018, Ljubljana (Slovenia), Seed
Developer of a platform for secure electronic trade document transfer
-
-
45/100
8th
Logo for essDOCS
essDOCS
2005, Valletta (Malta), Acquired
Online trade documentation and management platform for logistics
-
44/100
9th
Logo for Hubtran
Hubtran
2015, Chicago (United States), Acquired
Provider of AI and SaaS-based back-office automation solution for the logistics industry
$4.44M
42/100
10th
Logo for OnlineLR
OnlineLR
2019, Gandhinagar (India), Unfunded
Developer of digital applications for managing transport and logistics documentation
-
-
41/100
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Secro's Investments and acquisitions

Secro has made no investments or acquisitions yet.

Reports related to Secro

Here is the latest report on Secro's sector:

News related to Secro

Media has covered Secro for 1 event in last 1 year, It was about people movement.
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FAQs about Secro

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