When was SecureMachines founded?

SecureMachines was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is SecureMachines located?

SecureMachines is headquartered in Bengaluru, India. It is registered at Unit no. 502, 5th floor, Parasmani 9th Avenue Business Park, No. 3, 5th Main, K Puttanna Chetty Road, Chamrajpet (Bangalore), Bangalore, Bangalore South, Karnataka, India, 560018.

Who is the current CEO of SecureMachines?

Satyamurthy Konanur of SecureMachines. They have also founded 1 company.

Which legal entities is SecureMachines associated with?

SecureMachines is associated with SECURE MACHINES PRIVATE LIMITED.

How many employees does SecureMachines have?

As of Apr 30, 2026, the latest employee count at SecureMachines is 23.

Is SecureMachines a funded company?

SecureMachines is a funded company, having raised a total of $1.4M across 5 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 17, 2021.

How much is SecureMachines worth?

The latest valuation of SecureMachines is $***** as of Jul 25, 2025.

When was the latest funding round of SecureMachines?

SecureMachines' latest funding was a $***** Seed round on Mar 09, 2025, with participation from 3 investors.

What is the annual revenue of SecureMachines?

Annual revenue of SecureMachines is ₹0 as on Mar 31, 2025.

Where does SecureMachines rank among its competitors?

SecureMachines ranks 31st amongst 133 active competitors, of which 34 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was BTQ, which secured $29.3M in Jul, 2025.

Who are the top competitors of SecureMachines?

SecureMachines' top competitors include QNu Labs, QuintessenceLabs and ID Quantique. Among them, BTQ secured the most recent funding round in July, 2025.

SecureMachines - 2026 Company Profile, Team, Funding, Competitors & Financials

SecureMachines is a seed company based in Bengaluru (India), founded in 2019 by Satyamurthy Konanur and Shreenivas Hegde. It operates as a Developer of quantum-safe hardware, security modules, and data integrity solutions. SecureMachines has raised $1.4M in funding from Navam Capital and Newfort Holdings, with a current valuation of $*****. The company has 133 active competitors, including 34 funded and 6 that have exited. Its top competitors include companies like QNu Labs, QuintessenceLabs and ID Quantique.

Company Details

Developer of quantum-safe hardware, security modules, and data integrity solutions. The company builds quantum-safe hardware security modules and network encryptors. It provides true random number generators, secure voting applications, and application-specific integrity solutions. The company also offers quantum-safe hardware and software IP.

Website: securemachines.in
Email ID: *****@securemachines.in
Registered Address: Unit no. 502, 5th floor, Parasmani 9th Avenue Business Park, No. 3, 5th Main, K Puttanna Chetty Road, Chamrajpet (Bangalore), Bangalore, Bangalore South, Karnataka, India, 560018

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.4M in 5 rounds

Latest Funding Round

Seed, Mar 09, 2025, $*****

Post Money Valuation

$***** as on Jul 25, 2025

Investors

Raghupati Gajanan Bhandi & 3 more

Ranked

31^st among 133 active competitors

Annual Revenue

₹0 as on Mar 31, 2025

Employee Count

23 as on Apr 30, 2026

Similar Companies

QNu Labs & 167 more

View SecureMachines' full profile

SecureMachines is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SECURE MACHINES PRIVATE LIMITED CIN: U72900KA2019PTC127797 , India, Active	Sep 10, 2019	$0 (As on Mar 31, 2025)	-

SecureMachines has raised a total funding of $1.4M over 5 rounds. Its first funding round was on May 17, 2021. Its latest funding round was a Seed round on Mar 09, 2025 for $*****. 3 investors participated in its latest round. SecureMachines has 3 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of SecureMachines:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 09, 2025	3769710	Seed	4043033	5913524	3293273	2735548
May 01, 2024	9298076	Angel	4830991	6784133	8116231	4638638
Feb 15, 2023	3854197	Angel	6247508	4354375	Raghupati Gajanan Bhandi	2816422

Access funding benchmarks and valuations. Sign up today!

View details of SecureMachines's funding rounds and investors

The founders of SecureMachines are Satyamurthy Konanur and Shreenivas Hegde. Satyamurthy Konanur is the CEO of SecureMachines.

Here are the details of SecureMachines' key team members:

Satyamurthy Konanur: Co-Founder & CEO of SecureMachines. They serve on the board of 1 company.
Contact Info: 1 email address
Shreenivas Hegde: Co-Founder & CTO of SecureMachines. They serve on the board of 1 company.
Contact Info: 1 email address

SecureMachines' Board of Directors

SecureMachines's board has 2 active members. Satyamurthy Konanur and Shreenivas Hegde are part of team.

Here is the list of SecureMachines' board of directors:

Name	Type	Representing	Status	Duration
Satyamurthy Konanur	Team	-	Current	6y 5m
Shreenivas Hegde	Team	-	Current	1y 9m

View details of SecureMachines's Founder profiles and Board Members

SecureMachines' employee count trend

SecureMachines has 23 employees as of Apr 26. Here is SecureMachines's employee count trend over the years:

Uncover SecureMachines' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of SecureMachines include QNu Labs, QuintessenceLabs and ID Quantique. Here is the list of Top 10 competitors of SecureMachines, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QNu Labs 2016, Bengaluru (India), Series A	Provider of quantum cryptography solutions, key distribution, random number generation	$22.3M	HDFC Bank, Speciale Invest & 90 others	69/100
2nd	QuintessenceLabs 2008, Canberra (Australia), Series B	Provider of quantum cybersecurity solutions, including key management and distribution	$52.7M	Westpac, Telus & 23 others	66/100
3rd	ID Quantique 2001, Geneva (Switzerland), Acquired	Provider of network and data encryption solutions	$10.8M	Quantum Wave Fund, SK Telecom & 7 others	59/100
4th	BTQ 1998, Vancouver (Canada), Public	Provider of a platform offering post-quantum blockchain scaling solution	-	A.G.P. Canada, Quadrilium Ventures	59/100
5th	KETS Quantum Security 2016, Bristol (United Kingdom), Series A	Provider of quantum computing solutions for secure digital communication	$4.39M	Quantonation, Speedinvest & 32 others	58/100
6th	SEALSQ 2022, Cointrin (Switzerland), Public	Manufacturer of semiconductor chips, embedded firmware, and other products	-	-	57/100
7th	Qunnect 2018, New York City (United States), Series A	Provider of telecommunications infrastructure services	$20.6M	Airbus Ventures, Cisco Investments & 12 others	56/100
8th	QuSecure 2019, San Mateo (United States), Series A	Provider of platform for cryptographic discovery, remediation, and compliance reporting	$28M	Accenture, EvoNexus & 2 others	56/100
9th	PQShield 2018, Oxford (United Kingdom), Series B	Provider of quantum computing solutions for secured communication	$65.3M	Addition, Oxford University Innovation & 14 others	56/100
10th	Quside 2011, Castelldefels (Spain), Series A	Manufacturer of quantum components for connected devices	$10.9M	Bullnet Capital, TRUMPF & 6 others	54/100
31st	SecureMachines 2019, Bengaluru (India), Seed	Developer of quantum-safe hardware, security modules, and data integrity solutions	$1.4M	Newfort Holdings, Navam Capital & 2 others	42/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on SecureMachines's competitors? Click here to see the top ones

Founders (largest shareholder) own 69.72%, Funds own 5.23%, Angels own 11.08% and ESOP Pool own 13.97%. The net worth of SecureMachines's founders is INR 71.1Cr as of Jul 25, 2025.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	69.72%	71.1Cr	2276294	2971316	9984136	8012371
Satyamurthy Konanur	6859667	2013258	9343250	6593525	9656935	6454139
Fund	5.23%	5.33Cr	80070	71054	94296	36140
Navam Capital	38	40	45	54	56	77
PointOne Capital	0	0	0	0	0	0
Angel	11.08%	11.3Cr	3163602	8049347	8574935	9715814
Raghupati Gajanan Bhandi	3489420	7777313	1877151	4281395	3262348	8426015
ESOP Pool	13.97%	14.3Cr	2208894	3579903	2032014	2149450
Total	100.00%	102Cr	8314044	8052671	2517310	3434410