Valuation · 2014
$3.1M
2024 Revenue
$5.2M(Est.)
Funding
$977.3K
Team
24
Founded
2007
Versasec Revenue, Valuation & Funding (2024)
Versasec generated an estimated $5.2M in annual revenue in 2024. Source: GetLatka estimate
The leading provider of credential management systems for businesses of all sizes.
Last updated
Versasec Revenue
In 2024, Versasec's revenue reached $5.2M. The company previously reported $3.5M in 2023. Since its launch in 2007, Versasec has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Versasec Hit $5.2m revenue in October 2024 | Estimated |
| 2023 | Versasec Hit $3.5m revenue in December 2023 | Estimated |
| 2014 | Versasec Hit $2.4m revenue in April 2014 | Not recorded |
| 2007 | Launched with $0 revenue |
Versasec Valuation, Funding Rounds
Versasec reached a $3.1M valuation in 2014, set during its Seed round.
Versasec has raised $977.3K in total funding across 3 rounds, most recently a $165.4K Seed round in 2014.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2014 | Seed | $165.4K | $3.1M | 5% | Not recorded |
| 2012 | Seed | $179K | $2.4M | 7% | Not recorded |
| 2011 | Seed | $632.8K | $1.7M | 37% | Not recorded |
Founder / CEO
Joakim Thorén
CEO
I’m a technologist at heart, trained as asoftware engineer and specialized in projects involving networking and security.
Versasec Employees & Team Size
Versasec employs approximately 24 people as of 2026, up from 23 in 2023.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 24 employees (December 2024) | Not recorded |
| 2024 | Reached 24 employees (October 2024) | Not recorded |
| 2023 | Reached 23 employees (December 2023) | Not recorded |
| 2022 | Reached 26 employees (December 2022) | Not recorded |
| 2021 | Reached 26 employees (December 2021) | Not recorded |
| 2014 | Reached 24 employees (April 2014) | Not recorded |
Frequently Asked Questions about Versasec
What is Versasec's revenue?
As of 2024, Versasec generated an estimated $5.2M in annual revenue.
What is Versasec's valuation?
As of 2014, Versasec was valued at $3.1M.
Who founded Versasec?
Versasec was founded by Joakim Thorén.
When was Versasec founded?
Versasec was founded in 2007.
Who is the CEO of Versasec?
The CEO of Versasec is Joakim Thorén.
How much funding does Versasec have?
Versasec raised $977.3K across 3 rounds.
How many employees does Versasec have?
As of 2024, Versasec had 24 employees.
Where is Versasec headquartered?
Versasec is headquartered in Stockholm, Sweden.
Compare Versasec to the industry
Versasec operates across multiple industries. Browse revenue, funding, and growth data for Versasec in each sector below.
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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