Symmatrics, Inc.
VIENNA, VA · CIK 0002032081 · Cybersecurity · Private
Quantum-secure encryption platform using one-time pad technology for data in motion and at rest
symmatrics.com →- Grants
- —
- No SBIR or STTR on record
- Sector median: 0
- Raised
- $6.7M
- 5 Form D · Jan 2025
- 20 months since last filing
- Contracts
- —
- No federal contracts on record
- Patents
- 2
- 0 granted · 2 pending
- Sector median: 0
Capital Timeline
Federal ↑Equity ↓2024202520262027
| Date | Event | Source | Amount |
|---|---|---|---|
| Private capital raised· 1 of 4 same day | Form D · SEC | $1,380,787 | |
| Private capital raised· 2 of 4 same day | Form D · SEC | $550,000 | |
| Private capital raised· 3 of 4 same day | Form D · SEC | $3,499,672 | |
| Private capital raised· 4 of 4 same day | Form D · SEC | $368,417 | |
| Private capital raised | Form D · SEC | $940,000 |
Form D · SECPress
Peer position
| # | Company | Contracts | Disclosed equity |
|---|---|---|---|
| 369 | SeQure, Inc. | — | $5.9M |
| 370 | Permiso Security Inc. | — | $29M |
| 371 | Salt Labs, Inc. | — | $18M |
| 372 | Symmatrics, Inc. | — | $6.7M |
| 373 | SecureG, Inc. | — | $6.2M |
| 374 | CipherStash Inc. | — | $6.2M |
| 375 | Jumio Holdings, Inc. | — | $6.1M |
Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.
Press
Symmatrics Appoints Joe Reddix as Vice President of Federal to Accelerate Quantum-Secure Modernization Across GovernmentPRNewswire
Founders & Team
- Michael ArnesonDirector · Executive Officer
- William BandyDirector · Executive Officer
- Lisa CoxDirector
- Joe EatonDirector
- Charles KimDirector
- Michael MagsigDirector
- Walter RaquetDirector · Executive Officer
- Robert TurnerDirector · Executive Officer
- Barry WellsDirector
- Lisa WellsDirector
Patents
- One-time Pad Synchronized Keying With Local Key Generationapplication
- Using Globally-unique Numbers For All Secure Unique Transactions, Authentications, Verifications, And Messaging Identitiesapplication