Narrowband  |  2023-05-05

Secapp Reports Revenue of 3.3 Million Euro

Curated by: Gert Jan Wolf - Editor-in Chief for The Critical Communications Review

The 2022 books for Secapp (a company that develops critical communications software made for effortless alerting, secure chat and reporting) were officially closed during the the general shareholders' meeting held last week. During the meeting also a new board of directors was elected.

The company reports a few key numbers:

  • over 10 million alerts were made worldwide
  • the number of end users grew to 124 000
  • the operations expanded to 15 different countries
  • the partner network grew to 49 partners
  • revenue reached 3.3 million
  • at the end of the year we had already 49 secappians helping to make the world more secure

Dr. Kari Aho - CEO & co-founder of Secapp said: "When looking towards 2023 and beyond, the increased amount of cyber threats, civil unrest, energy crisis, the aftereffects of the pandemic, extreme weather events caused by climate change, logistics challenges, and the global economic situation each cast a shadow of uncertainty over the world. Unfortunately, uncertainty is likely to continue in years to come, and preparing for and capabilities to respond to them is becoming the new normal. The changing regulations and legislation needs to be taken into account. The need for critical communication and security solutions is growing all the time, to build a safer world taking all of those aspects into account. The entire global public safety market is estimated to grow from USD 433.6 billion in 2022 to USD 707.2 billion by 2027 (Markets and Markets report), leading to a growth of as much as 63 percent. There is still quite much ground to cover for Secapp as well."