Diligence memo · auto-generated · as of July 2, 2026
Yubico AB
Yubico AB looks fair against its niche peers and is at-risk on financing cadence.
Businessfiled
Yubico AB operates in Computers, based in STOCKHOLM.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Yubico AB has raised $204M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $204M on 2023-09-20.
Most recent recorded round closed around 2023-09-20.
Valuation (modeled)modeled
Provath models Yubico AB at approximately $3.1B (range $1.2B–$4.8B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: Fair. Modeled value is 1.40× the median modeled value of Series D+ Computers companies in 2022–2024 (6 peers) — value vs value, same stage and era. Within the normal band (140% of peer median) for its niche.
Financing rhythm & timingmixed
Last raise 2.8 yr ago; this sector typically re-raises about every 12 months.
Past due for a raise versus sector cadence — watch for distress or a bridge.
Comparablesmixed
Capital scale ranks ahead of 99% of Computers peers (1371 compared).
Modeled value ranks above 99% of those peers.
Closest niche peers: Arcadea Group Holdings LLC, OneTrust LLC, Euvera Holdings, Inc., Merkle Manufactory Inc., ServiceTitan, Inc..
Peoplefiled
15 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.