Companies · Cybersecurity

SecureAuth Corp

IRVINE · Cybersecurity · refined from filed group “Other Technology

Diligence memoA one-page analyst read on SecureAuth Corp — recommendation, valuation, rhythm, risks.
$18.3M
Total raised · real
7
Rounds
1.0×
Latest step-up
Top 23%
Sector rank · raised
Series A
Latest stage · inferred · Thu Jun 22 2017 00:00:00 GMT+0000 (Coordinated Universal Time)

SecureAuth Corp looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the cybersecurity sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.15× the median modeled value of Series A Cybersecurity companies in 2016–2018 (14 peers) — value vs value, same stage and era.
Dormant
  • Last raise 9.0 yr ago; this sector typically re-raises about every 15 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Cybersecurity

SecureAuth Corp is one of 270 Cybersecurity companies tracked from IRVINE. By capital raised it ranks in the upper tier (ahead of 78% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2017-06-22
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$50M$100M$150M$200MSeed · 2009-08-12 Raised $1.7M (real) Modeled valuation $64M (est)Seed2009Series A · 2010-05-28 Raised $4.0M (real) Modeled valuation $127M (est)Series A2010Series A · 2011-06-16 Raised $1.0M (real) Modeled valuation $33M (est)Series A2011Series A · 2012-09-12 Raised $4.5M (real) Modeled valuation $142M (est)Series A2012Series A · 2015-07-01 Raised $5.0M (real) Modeled valuation $158M (est)Series A2015Series A · 2016-08-01 Raised $1.0M (real) Modeled valuation $32M (est)Series A2016Series A · 2017-06-22 Raised $1.0M (real) Modeled valuation $32M (est)Series A2017+$4.0M+$1.0M+$4.5M+$5.0M+$1.0M+$1.0MCumulative $18M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$1.7M · 2009
Series A$4.0M · 2010
Series A extension$1.0M · 2011
Series A extension$4.5M · 2012
Series A extension$5.0M · 2015
Series A extension$1.0M · 2016
Series A extension$1.0M · 2017

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$31.5M
Base estimate est.
$1.4M
Conservative case
$171.3M
Upside case
$4.5M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Aa $4.0M–$15M round). Valuation is modeled from stage benchmarks scaled by the cybersecurity sector profile. Directional, not a quoted figure.

Seed · modeled $64.5M · 2009-08-122009Series A · modeled $127.4M · 2010-05-28Series A · modeled $32.9M · 2011-06-16Series A · modeled $141.8M · 2012-09-12Series A · modeled $157.5M · 2015-07-01Series A · modeled $31.5M · 2016-08-01Series A · modeled $31.5M · 2017-06-222017
Model inputs · modeled:benchmark-stage-stepup-v1
22%
Dilution assumption
Implied ownership sold in the financing.
55%
Survival probability
30% low · 75% high
1.52×/yr
Annual markup
1.92×/yr upside case
6.0 yr
Elapsed time used
9.0 yr actual, capped for stale marks
cybersecurity
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
16 mo
Avg between rounds
$2.3M/yr
Capital velocity
16.9 yr
On record since
2009
First round
7
Rounds on file
How it compares to the market

Benchmarked against 270 companies in Cybersecurity. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 2.9× above median
This company$18.3M
Sector median$6.2M
Latest round — vs other Series A rounds in sector (real $, this stage) 0.2× of median
This company$1.0M
Sector median$5.6M
Modeled value — vs sector median (estimate, all stages) 0.7× of median
This company$31.5M
Sector median$45.4M

Raised more than 78% of sector peers (real $). Modeled value above 51% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series A) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #14 of 14.

This companyCohort peer
$10.0M$100.0M$1.0B$1.0M$10.0M$100.0MCapital raised (log)IntSights Cyber Intelligence Ltd. · Series A Raised $14.0M · modeled $441.1M (est)Preempt Security, Inc. · Series A Raised $19.1M · modeled $362.3M (est)Vault Security Systems Corp · Series A Raised $9.0M · modeled $283.6M (est)CloudKnox Security Inc. · Series A Raised $8.7M · modeled $272.5M (est)Decentralized Securities Depository, LLC · Series A Raised $8.6M · modeled $271.0M (est)Rapid Focus Security, Inc. · Series A Raised $16.5M · modeled $252.0M (est)Boston Illiquid Securities Offering Network, Inc. · Series A Raised $7.6M · modeled $239.1M (est)Uplevel Security, Inc. · Series A Raised $5.3M · modeled $167.7M (est)Staked Securely, Inc. · Series A Raised $5.0M · modeled $157.5M (est)Virgil Security, Inc. · Series A Raised $4.9M · modeled $153.5M (est)Certified Security Solutions, Inc. · Series A Raised $7.1M · modeled $78.8M (est)Dowley Security Systems, Inc. · Series A Raised $18.3M · modeled $75.0M (est)SecureAuth Corp (this company) Raised $18.3M · modeled $31.5M (est)SecureAuth Corp
CompanyStageRaised · realValue · estvs peer med.
IntSights Cyber Intelligence Ltd.Series A$14.0M$441.1M2.17×
Preempt Security, Inc.Series A$19.1M$362.3M1.78×
Vault Security Systems CorpSeries A$9.0M$283.6M1.39×
CloudKnox Security Inc.Series A$8.7M$272.5M1.34×
Decentralized Securities Depository, LLCSeries A$8.6M$271.0M1.33×
Rapid Focus Security, Inc.Series A$16.5M$252.0M1.24×
Boston Illiquid Securities Offering Network, Inc.Series A$7.6M$239.1M1.18×
Uplevel Security, Inc.Series A$5.3M$167.7M0.82×
Staked Securely, Inc.Series A$5.0M$157.5M0.77×
Virgil Security, Inc.Series A$4.9M$153.5M0.75×
Certified Security Solutions, Inc.Series A$7.1M$78.8M0.39×
Dowley Security Systems, Inc.Series A$18.3M$75.0M0.37×
SecureAuth Corp this companySeries A$18.3M$31.5M0.15×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$1.7M2009-08-12$8.3M$64.5M85%
Series A$4.0M2010-05-28$18.4M$127.4M85%
Series A$1.0M2011-06-16$4.8M$32.9M85%
Series A$4.5M2012-09-12$20.5M$141.8M85%
Series A$5.0M2015-07-01$22.7M$157.5M85%
Series A$1.0M2016-08-01$4.5M$31.5M85%
Series A$1.0M2017-06-22$4.5M$31.5M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$1.7M2009-08-12
    • First recorded raise — entered as Seed.
    • 15 investors on this round.
  2. Series A$4.0M2010-05-28
    • Raised 9 mo later, in step with the ~15 mo sector norm.
    • Round 2.4× larger than the prior — scaling up.
    • 38 investors on this round.
  3. Series A$1.0M2011-06-16
    • Raised 13 mo later, in step with the ~15 mo sector norm.
    • Round 3.9× smaller than the prior — bridge or down round.
    • 15 investors on this round.
  4. Series A$4.5M2012-09-12
    • Raised 15 mo later, in step with the ~15 mo sector norm.
    • Round 4.3× larger than the prior — scaling up.
    • 3 investors on this round.
  5. Series A$5.0M2015-07-01
    • Raised again after 34 mo — slower than the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
  6. Series A$1.0M2016-08-01
    • Raised 13 mo later, in step with the ~15 mo sector norm.
    • Round 5.0× smaller than the prior — bridge or down round.
    • 1 investor on this round.
  7. Series A$1.0M2017-06-22
    • Raised 11 mo later, in step with the ~15 mo sector norm.
    • Round roughly the size of the prior one.
    • 1 investor on this round.
Intelligence
2018 ~Q4
Modeled next raise · ~16mo cadence
$1.0M
Modeled next size est.range $1.0M$1.6M
1.0×
Last step-up
$2.3M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Allen Miner3 other2010-05
Stephen Moore3 other2009-08
Keith Graham2 other2015-07
Michael DeCesare2 other2015-07
Thomas Stewart2 other2009-08
Craig Lund1 other2009-08
Jeff Lo1 other2010-05
Rohit Khanna1 other2017-06
Soumya Das1 other2012-09
STEPHEN COX1 other2017-06
Danielle Jackson2017-06
Darin Pendergraft2015-07
Garrett Grajek2009-08
Jeff C. Lo2016-08
Jeff Kukowski2015-07
Jeff Nolan2017-06
Justin Dolly2015-07
Mark Lambiase2009-08
Mike Desai2017-06
Nick C. Mansour2016-08
Nick Mansour2015-07
Robert Block2017-06
Thomas C. Stewart2016-08
Tim Arvanites2015-07
Registry & provenance

SecureAuth Corp is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1615773
SEC CIK
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Dowley Security Systems, Inc.CybersecuritySeries A$18.3M$75.0Msame sector · same stage
Preempt Security, Inc.CybersecuritySeries A$19.1M$362.3Msame sector · same stage
Trava Security, Inc.CybersecuritySeries A$16.8M$5.2Msame sector · same stage
Securisyn Medical, LLCCybersecuritySeries A$16.7M$20.5Msame sector · same stage
Rapid Focus Security, Inc.CybersecuritySeries A$16.5M$252.0Msame sector · same stage
Impart Security Inc.CybersecuritySeries A$20.6M$44.6Msame sector · same stage
Zilla Security Inc.CybersecuritySeries A$16.1M$157.5Msame sector · same stage
Cyberinc CorpCybersecuritySeries A$15.9M$116.6Msame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Secure Systems Innovation CorpCybersecuritySeed$512K88%
SecureCo, Inc.CybersecuritySeed$4.5M86%
Secure Channels Inc.CybersecurityPre-Seed$48.1M85%
SecureAire, Inc.CybersecuritySeed$92.8M85%
Securetech Innovations, Inc.CybersecurityPre-Seed$2.6M85%
Cyberinc CorpCybersecuritySeries A$116.6M85%
SecurEnds, Inc.CybersecuritySeries A$312.2M85%
SecureThings U.S., Inc.CybersecuritySeed$44.0M85%
Frequently asked
How much funding has SecureAuth Corp raised?
SecureAuth Corp has raised approximately $18.3M in disclosed capital across 7 recorded financing rounds, aggregated from public filings.
What is SecureAuth Corp's estimated valuation?
Provath's modeled valuation for SecureAuth Corp is approximately $31.5M (modeled range $1.4M–$171.3M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is SecureAuth Corp at?
SecureAuth Corp's latest modeled financing stage is Series A. Its most recent recorded round closed around Thu Jun 22.
What does SecureAuth Corp do and where is it based?
SecureAuth Corp operates in the Cybersecurity sector, based in IRVINE.
Explore related

See where SecureAuth Corp sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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