STid is a global solutions provider that builds trusted, certified and interoperable access and security technologies, with certified solutions such as Systems Security Certified Practitioner (SSCP) noted in the article. The company has seen turnover grow 100% over the past three years, reaching €29m in 2023. It expanded via two acquisitions in 2022 and 2023—SpringCard and Unicacces—which the company says have driven significant growth. STid plans to intensify international development in the USA, Canada, Europe, the Middle East and Asia, while improving service quality in its historical markets and accelerating R&D. The company will increase investments in availability and support, hire 18 new employees in 2024, and roll out new training programs and initiatives focused on quality of life at work. It has also created a Corporate Social Responsibility department to integrate sustainability into its solutions and operations, and it secured a €20m funding round from Capital Croissance while retaining a minority interest to maintain independence.

Total raised

$21M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2024