Autocrypt develops automotive and smart mobility technologies focused on secure V2X communications, C-ITS and autonomous driving. Its in-vehicle security offerings include Security Analyzer, an SBOM-based software vulnerability analysis platform, and Security Fuzzer, a smart fuzzing tool to detect software flaws. The company manages security and PKI for all C-ITS projects on the Korean peninsula and is in talks with several public agencies worldwide to implement its V2X security and SCMS for C-ITS projects. Autocrypt is expanding internationally, having established subsidiaries in Toronto and Munich and planning to open an office in Singapore later in the year. Financially, it completed a $25.5M Series B at a $120M post-money valuation. Led by CEO and co-founder Daniel ES Kim, the company intends to use the funds to expand operations and grow its business reach. Autocrypt provides end-to-end vehicle security for connected and autonomous vehicles and surrounding infrastructure. Led by CEO and co‑founder Daniel ES Kim, the company currently secures over 5,000 kilometers of smart roadways and highways in South Korea. It offers V2X and Plug&Charge security solutions and has opened a North American office in Toronto to better serve testbeds, OEMs, Tier‑1 suppliers, and automotive software/service providers. Autocrypt plans to use the new funding to enhance its V2X security technology and expand security operations into additional Intelligent Transportation Systems (ITS) projects. The company has offices in South Korea, China, Japan and Canada and plans to expand into the United States and Europe in 2021.

Total raised

$39M

Funding rounds

2

Latest round

Series B

Latest activity

May 2022