Xsecure AS

Based in Norway, Xsecure AS is an IT services company that focuses on the secure transfer of critical information, specializing in alarm systems for both public and private sectors. Xsecure AS is an IT services firm that specializes in alarm systems, founded in 2020 in Norway. The company has undergone no significant changes in business strategy since its inception. The current CEO is Terje Sivertsen.

Xsecure AS has completed 1 deal, with its most recent funding round occurring on July 14, 2023. Xsecure AS is dedicated to the reliable transmission of critical information, primarily through alarm systems utilized in both public and private sectors. Their product range includes the transmission of fire alarms to alarm stations and the enhanced facilitation of elevator alarms, ensuring direct links to emergency response centers. Their services cater to a wide array of clients, including commercial buildings, public institutions, and residential complexes, integrating alarm systems to bolster safety measures.

In 2023, Xsecure AS reported a revenue of USD 80,885. 70 and an EBITDA of USD -680,869. 80. The revenue model leverages subscription-based services for alarm transmission and monitoring, creating recurring revenue streams through ongoing service contracts with building managers and safety compliance officers.

The company maintains flexible pricing plans based on service scope, enhancing its market presence with user-friendly solutions. Xsecure AS recently secured venture funding from Arctic Investment Group on July 14, 2023, which will be utilized to advance existing technology and drive research and development of new solutions. The company is focusing on launching new products aimed at enhancing alarm transmission capabilities and plans to expand its market reach into additional geographic regions, although specific markets have not been disclosed. This strategic funding will support their commitment to innovation and growth.