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How iCrypto CEO Vasilis Polychronidis grew to $1.9M revenue with a 12 person team in 2024.

iCrypto is an Authentication-as-a-Service solution that will disrupt the antiquated password login paradigm. The iCrypto cloud architecture delivers secure authentication to your trusted mobile device, whether that be through your smartphone, tablet or wearable device. This can be used in place of passwords, or in addition to passwords for multi-factor authentication. The iCrypto service makes the enterprise and consumer onboarding process frictionless, thereby enabling any SMB or knowledgeable consumer a low-touch path to added security. The global authentication market is growing at a pace of 20% CAGR with a $3B market today. Additionally, small and medium enterprises are the fastest growing segment of the business population and accounts for 1/3 of all employment worldwide.We have pulled together a world class team from Intel, HTC, Sun, Silicon Image, SafeNet and McAfee with decades of combined experience in the mobile industry and enterprise software. Collectively, we have worked a

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iCrypto Revenue

In 2024, iCrypto's revenue reached $1.9M. The company previously reported $1.3M in 2023. Since its launch in 2012, iCrypto has shown consistent revenue growth.

iCrypto Revenue GrowthReported revenue / ARR over time$0$400K$800K$1.2M$1.6M$2M2012201420162018202020222024$0$876.5K$1.9MSource: GetLatka.com
YearMilestoneQuote
2024iCrypto Hit $1.9m revenue in October 2024
2023iCrypto Hit $1.3m revenue in October 2023
2021iCrypto Hit $876.5k revenue in April 2021
2012Launched with $0 revenue

iCrypto Valuation, Funding Rounds

iCrypto is a bootstrapped Enterprise Mobility Management Software startup. Founded in 2012, iCrypto has grown to $1.9M in revenue without raising any venture capital or outside funding.

As a self-funded Enterprise Mobility Management Software SaaS company, iCrypto has built its business with no outside investment.

iCrypto Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$0.2$0.4$0.4$0.6$0.6$0.8$0.8$1$12012Source: GetLatka.com
YearRoundAmountValuation% SoldQuote

Founder / CEO

Vasilis Polychronidis

CEO

At iCrypto, as CEO, President, and Co-Founder, Dr. Polychronidis is responsible for the Company’s Vision, Direction, Strategy, SI & Channel strategy and onboarding, Development of key relationships with vendors and customers. Prior to iCrypto, Vasilis served in various leadership positions at Openwave, Software.com, @mobile and ATT. Vasilis,has a proven track record of always delivering on the company objectives against all odds. During his career was able through his direct involvement to generate more than $1B in sales and company savings. Vasilis, earned a B.Sc in Physics, a M.Sc. in Physics, a M.SC. in EE and a Ph.D. in Physics. Dr. Polychronidis has filed and awarded numerous Patents related to telecommunications, mobile presence, wireless displays, identity management and access control.

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Customers

We do not have customer count information for iCrypto yet.

iCrypto Employees & Team Size

iCrypto employs approximately 12 people as of 2026.

iCrypto Team GrowthReported headcount over time036912152012201420162018202020222024001212Source: GetLatka.com
YearMilestone
2024Reached 12 employees (October 2024)
2023Reached 12 employees (October 2023)
2022Reached 12 employees (October 2022)
2021Reached 10 employees (December 2021)
2021Reached 10 employees (April 2021)

Frequently Asked Questions about iCrypto

What is iCrypto's revenue?

iCrypto generates an estimated $1.9M in annual revenue.

Who founded iCrypto?

iCrypto was founded by Vasilis Polychronidis.

Who is the CEO of iCrypto?

The CEO of iCrypto is Vasilis Polychronidis.

How much funding does iCrypto have?

iCrypto is bootstrapped and has not raised outside funding.

How many employees does iCrypto have?

iCrypto has 12 employees.

Where is iCrypto headquarters?

iCrypto is headquartered in Santa Clara, California, United States.

Compare iCrypto to the industry

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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