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Sequretek - About the company

Sequretek is a series A company based in Little Rock (United States), founded in 2013 by Anand Mahendrabhai Naik. It operates as a Provider of cybersecurity solutions for businesses. Sequretek has raised $13.3M in funding from investors like FIS, Gujarat Venture Finance and HDFC Bank, with a current valuation of $*****. The company has 713 active competitors, including 56 funded and 47 that have exited. Its top competitors include companies like Cisco, Rapid7 and Sophos.

Company Details

Provider of cybersecurity solutions for businesses. It specializes in AI-powered and cloud-native solutions for threat detection, incident response, compliance management, and identity and access governance. Its product suite includes Percept XDR and NG SIEM, which offer comprehensive visibility and threat management capabilities.
Social
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Email ID
*****@sequretek.com
Registered Address
504, Satellite Silver, Andheri Kurla Road, Marol Naka, Andheri East, Marol Naka, Mumbai, Mumbai, Maharashtra, India, 400059
Key Metrics
Founded Year
2013
Location
Little Rock, United States
Stage
Series A
Total Funding
$13.3M in 10 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 30, 2024
Investors
Ranked
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
256 as on Jul 31, 2025
Similar Companies
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Sequretek's funding and investors

Sequretek has raised a total funding of $13.3M over 10 rounds. Its first funding round was on Feb 06, 2016. Its latest funding round was a Series A round on Oct 30, 2024 for $*****. 1 investor participated in its latest round. Sequretek has 21 institutional investors and 29 angel investors.

Here is the list of recent funding rounds of Sequretek:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Oct 30, 2024
5406381
Series A
8026351
4204267
6157207
4382041
Nov 07, 2023
1347725
Conventional Debt
9761354
1311253
8225232
Sep 22, 2023
8984519
Series A
1392911
8938700
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Sequretek's founders and board of directors

Founder? Claim Profile
The founders of Sequretek is Anand Mahendrabhai Naik. Anand Mahendrabhai Naik and Pankit Navnitrai Desai are the CEOs of Sequretek.
Here are the details of Sequretek's key team members:

Sequretek's Board of Directors

Sequretek's board has 5 active members. Narayanan Venkitraman, Anand Mahendrabhai Naik, Anil Rambilash Joshi, Mihirkumar Arvind Joshi and Pankit Navnitrai Desai are part of team.
Here is the list of Sequretek's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
13y 0m
Team
-
Current
13y 0m
Investor
-
Current
1y 9m
Investor
-
Current
3y 10m
c{yczuw
Investor
pfisiok
Current
3y 7m

Sequretek's employee count trend

Sequretek has 256 employees as of Jul 25. The total employee count is 5.0% more than what it was in Jul 24. Here is Sequretek's employee count trend over the years:
Employee count trend for Sequretek
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Sequretek's Competitors and alternates

Top competitors of Sequretek include Cisco, Rapid7 and Sophos. Here is the list of Top 10 competitors of Sequretek, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Cisco
Cisco
1984, San Jose (United States), Public
Provider of AI infrastructure, secure networking, and software solutions
$2.5M
84/100
2nd
Logo for Rapid7
Rapid7
2000, Boston (United States), Public
Provider of cybersecurity solutions for exposure management, threat intelligence, and response
$92.3M
79/100
3rd
Logo for Sophos
Sophos
1985, Abingdon (United Kingdom), Acquired
Provider of enterprise security suite for network and endpoint security
$4.61M
75/100
4th
Logo for Bitdefender
Bitdefender
2001, Bucharest (Romania), Series B
Provider of cybersecurity software, threat intelligence, and managed security services
$7M
75/100
5th
Logo for Barracuda
Barracuda
2003, Campbell (United States), Acquired
Cloud based network firewall solution for enterprise web and email
$176M
74/100
6th
Logo for Imperva
Imperva
2002, Redwood City (United States), Acquired
Provider of application and data security solutions for threat protection
$54M
73/100
7th
Logo for Quest Software
Quest Software
1987, Aliso Viejo (United States), Acquired
Provider of data management, cybersecurity, and platform modernization solutions for enterprises
$11.5M
69/100
8th
Logo for Huntress
Huntress
2015, Ellicott City (United States), Series D
Provider of managed security platform solutions for threat detection and response
$298M
69/100
9th
Logo for Accuknox
Accuknox
2019, Bengaluru (India), Seed
Provider of runtime-powered zero trust security for cloud-native applications and AI workloads
$10.6M
68/100
10th
Logo for Coro Cybersecurity
Coro Cybersecurity
2014, Chicago (United States), Series D
Threat detection and prevention solution over wifi and cellular networks
$275M
67/100
31st
Logo for Sequretek
Sequretek
2013, Little Rock (United States), Series A
Provider of cybersecurity solutions for businesses
$13.3M
57/100
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Financials of SequretekFY 25 Available

SEQURETEK IT SOLUTIONS PRIVATE LIMITED, the legal entity associated with Sequretek, generated between ₹50 Cr and ₹100 Cr in revenue for the financial year ending on Mar 31, 2025. The revenue of SEQURETEK IT SOLUTIONS PRIVATE LIMITED has a compounded annual growth rate (CAGR) of 22% in the last 1 year.

Financial Statement Summary

Metrics
FY 2024-25
FY 2023-24
FY 2022-23
FY 2016-17
FY 2015-16
Income Statement
Revenue
5303
6880
1269
3849
7754
Total Sales
6978
2241
9884
5206
6688
Total Expenses
7483
2943
5879
7862
7474
Operating Expenses
5282
2533
8624
7359
6762
Employee Expenses
1004
3498
5694
3677
5954
Marketing Expenses
2475
2451
8716
1530
6262
Operating Income (EBIT)
9641
2195
7482
4392
9112
Interest Expenses
6801
4775
4803
9169
4526
Expenses from other activities
6786
9218
9428
9877
8971
Information Technology Expenses
2772
4490
1428
9725
7027
EBITDA
4232
7114
3962
3460
6765
Taxes
4895
1807
8466
6960
8940
Net Profit
9088
7702
1080
8847
5669
Balance Sheet
Assets
4389
8884
1857
9619
9754
Cash Equivalent
5205
7092
7523
3666
9747
Accounts Receivables
3606
4933
7774
7314
5286
Inventory
1741
9432
5076
6345
6112
Liabilities
4358
4026
9690
4123
4065
Total Debt
3465
9829
2024
3570
4924
Accounts Payable
9533
3990
1033
7050
9390
Equities
7544
7806
6227
8650
1852
Cashflow Statement
Cash from Operating activities
9900
4119
9005
1286
9531
Cash from Investing activities
5277
7298
2395
4686
1005
Net cash from Financing activities
9419
1637
7457
3766
8325

Detailed Financials (Income Statement, Balance Sheet, Cashflow Statement)

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$10.99$2.53(excl. taxes)
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What documents will you get?
  • Financial Summary & Charts
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Sequretek's Latest cap tables and shareholding

Founders (largest shareholder) own 34.30%, Funds own 27.91%, Enterprises own 12.74% and Angels own 13.52%. The net worth of Sequretek's founders is INR 80.1Cr as of Oct 30, 2024. The cap table displayed below is for SEQURETEK IT SOLUTIONS PRIVATE LIMITED which is the legal entity associated with Sequretek.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
34.30%
80.1Cr
4702703
6746930
6108500
6465674
7183147
4396545
7537415
3363686
7005835
3024557
Fund
27.91%
65.2Cr
3578877
4141189
3657360
6793506
0
0
0
0
0
0
Enterprise
12.74%
29.8Cr
4066342
2629346
8398929
3588040
Angel
13.52%
31.6Cr
9365970
2663353
2643542
6416037
Other People
0.31%
72.2L
0
0
0
0
ESOP Pool
11.11%
25.9Cr
9516647
1108866
9313786
3342532
Total
99.89%
233Cr
2255097
8916538
2666954
9966962
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Sequretek's Investments and acquisitions

Sequretek has made no investments or acquisitions yet.

Reports related to Sequretek

Here is the latest report on Sequretek's sector:

News related to Sequretek

lockFilter this list
•
Sequretek Ensures Every Asset Matters with the Launch of PerceptAsian News International•Jun 25, 2025•Sequretek
•
Sequretek announces 50 cyber jobs coming to Little RockTalk Business & Politics•Aug 17, 2022•Sequretek
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