CovR
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 |
---|---|---|---|---|
Revenues | 1.4m | 1.4m | 1.4m | 1.4m |
% growth | - | - | - | 5 % |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
* | €1.0m | Early VC | |
$2.7m | Series A | ||
Total Funding | CAD5.2m |
Related Content
Recent News about CovR
EditCovr Security AB specializes in providing next-generation multi-factor authentication (MFA) solutions that are completely credential-less, ensuring robust protection against fraud through an intelligent, multi-layered security approach. The company offers its services through a native mobile app for quick deployment and a powerful SDK for seamless, white-label integration into existing mobile applications. Covr Security serves a diverse range of clients, including banks, payment networks, credit card companies, eID providers, IoT companies, and mobile carriers. Operating in the cybersecurity market, Covr Security's business model revolves around Authentication-as-a-Service (AAAS), enabling businesses to activate multiple MFA options to safeguard their users from various threats. The company generates revenue by offering its MFA solutions as a service, which requires minimal infrastructure to scale for numerous users simultaneously. Covr Security's innovative approach is built on modern, patent-pending encryption technologies, making it a reliable choice for strong customer authentication. The company operates globally, with offices in Sweden, the USA, Germany, Singapore, and the UAE.
Keywords: multi-factor authentication, credential-less, fraud protection, mobile app, SDK, white-label integration, cybersecurity, AAAS, encryption technologies, global presence.