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
Investors
Ranked
2nd among 114 active competitors
Employee Count
55 as on Jun 30, 2026
Legal entities associated with Secro
Secro is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SECRO INC CIN: 86-3573840 , United States, Active | - | 3 (As on Dec 31, 2024) | - |
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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 |
View details of Secro's funding rounds and investors
Secro's founders and board of directors
Founder? Claim ProfileThe founders of Secro is Michele Sancricca.
Here are the details of Secro's key team members:
- Michele Sancricca: Co-founder and CEO of Secro and founder of 1 other company. Contact Info: 1 email address
View details of Secro's Founder profiles and Board Members
Secro's employee count trend
Secro has 55 employees as of Jun 26. Here is Secro's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Vector 2014, San Francisco (United States), Series A | Document and transport management solutions for the logistics industry | $12M | 65/100 | |
2nd | 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 | Provider of a blockchain platform for electronic bills of lading | $37M | 57/100 | ||
4th | BasicBlock 2018, Omaha (United States), Series A | Provider of document scanning software for carriers | $88.2M | 55/100 | |
5th | Outgo 2016, Seattle (United States), Acquired | Accounting and invoice management software | $18.4M | 52/100 | |
6th | Expedock 2019, Palo Alto (United States), Series A | Provider of AI & web-based automated document processing solutions | $18.7M | 48/100 | |
7th | Developer of a platform for secure electronic trade document transfer | - | - | 45/100 | |
8th | Online trade documentation and management platform for logistics | - | 44/100 | ||
9th | 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 | Developer of digital applications for managing transport and logistics documentation | - | - | 41/100 |
Looking for more details on Secro's competitors? Click here to see the top ones
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.
•
Finance News Trading Secro Appoints Gay Huey Evans CBE to Strategic Advisory BoardGlobal Fintech Series•Dec 17, 2025•Secro
•
Secro Raises Oversubscribed Series A Funding for AI-Powered Trade Finance PlatformGlobal Fintech Series•May 26, 2025•Secro, Assembly Ventures, Sway Ventures, Signal Group and 3 others
•
SECRO raises the data security bar by achieving ISO 20017:2002 accreditationAmerican Journal of Transportation•Aug 23, 2023•Secro
•
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