Guardsquare NV

Guardsquare NV is a Belgian company specializing in mobile app security. It offers advanced products that protect applications from various threats such as reverse engineering and tampering, ensuring robust security for mobile developers and organizations. Founded in 2014 and headquartered in Leuven, Belgium, Guardsquare NV focuses on mobile app security solutions, providing essential protection for applications. The company has successfully completed three funding deals, with the latest being a Series A round in July 2025 where they raised USD 29.

00 mn from Battery Ventures, marking the total amount raised at USD 29. 00 mn. The CEO of the company is Roel Caers. Guardsquare specializes in mobile app security, offering a range of products to safeguard applications against reverse engineering, tampering, and runtime attacks.

Key products include DexGuard and iXGuard, which provide multilayered code hardening and Runtime Application Self-Protection (RASP) for Android and iOS applications respectively. Additionally, the company features AppSweep, which tests mobile app security by identifying vulnerabilities, and ThreatCast, which delivers real-time threat monitoring for both iOS and Android apps. Their offerings are tailored for various sectors, including finance, gaming, retail, and healthcare, with a client base spanning North America, Europe, and Asia. In the fiscal year 2024, Guardsquare generated revenue amounting to USD 27.

47 mn and reported an EBITDA of USD 4. 95 mn. The company primarily utilizes a subscription-based model for its security products, with clients entering long-term agreements for access to their solutions such as DexGuard, iXGuard, AppSweep, and ThreatCast. Revenue streams are structured as B2B partnerships, with enterprise clients paying for licensing annually based on the volume of applications secured and the level of service required.

Guardsquare NV is focused on expanding its product offerings and geographic reach. The company plans to introduce new security solutions designed to enhance its capabilities by 2025. Additionally, they are targeting expansion into new markets, leveraging recent funding to support these initiatives. The funding raised in July 2025 will be allocated towards improving mobile security capabilities, facilitating entry into additional regions, and enhancing existing products to meet evolving security demands.