SafeRoom receives Seed Investment from Platform Capital, a leading growth markets investor

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SafeRoom receives Seed Investment from Platform Capital, a leading growth markets investor

San Francisco, Mexico City & Lagos, June 24th, 2020: Saferoom Technologies Inc., a cybersecurity and communications startup based in San Francisco and Mexico City, is pleased to announce its partnership with Platform Capital (Platform), a leading growth markets investor based in Lagos Nigeria that is placing strategic investments in the US and Latin America.

SafeRoom is an innovative B2B SaaS platform for secure mobile messaging for businesses. SafeRoom’s proprietary and first-of-its-kind technology provides an intuitive easy-to-use instant messaging platform for businesses with all the standard features of messaging apps and also provides added security elements such as military-grade 256 AES & TSL/SSL end-to-end encryption, access & data retention control, data isolation, and soon anomaly detection.   

Globally, the integrity of company data & security is increasingly compromised as employees prefer to use a variety of instant messaging & social media platforms to communicate and share confidential information, especially as working from home is rapidly becoming the new norm. SafeRoom’s proprietary technology is revolutionizing how businesses of any size can secure employee communication and protect their information by providing military-grade end-to-end encryption. The unique off-the-record feature ensures they store no information on any server or the device. SafeRoom includes admin & access controls; remote wipe & screenshot detection, affordable and scalable pricing; guest invitations for external collaboration; and customization to align with corporate identity. In addition, the SafeRoom founders have successfully built and sold two other consumer messaging platforms, Twyxt and DarkRoom, over the past 8 years.

The San Francisco based company operates in Mexico and has signed up customers from multiple sectors including financial services, consulting, government, and advertising agencies. SafeRoom is experiencing significant traction and focuses on expansion into Latin America, USA, and Africa. Positioned to provide a robust and secure solution for an undeserved and fast-growing niche “team collaboration” software market, that will be worth $50 billion in 2024 in the US alone.

Saferoom Technologies, backed in a previous round by Silicon Valley investors such as Will Bunker, Founder of and John Battelle, Founding Editor of Wired magazine and Mexican investors such as Rodrigo Ocejo, Partner of Avalancha Ventures and José Maria Valderrey, CEO of Valderrey & Asociados. Advisors of the company include Domingo Guerra, Security expert and Sr. Executive at Broadcom/Symantec and Mark White, Partner at White & Summers, a leading Silicon Valley law firm.

As part of Platform’s lead investment, Dr. Akintoye Akindele, Chairman of Platform Capital will join the Saferoom’s board.

Bianca W. Leow, CEO, SafeRoom said, “The SafeRoom team couldn’t be more excited to kick off our partnership with Platform Capital. We have always described ourselves as a global start-up from Day 1; and today with Platform Capital we look forward to adapting to new business environments and making business communication secure and efficient in Emerging Markets such as Latin America, Africa and beyond.”

Paul Okunaiya, Chief Investment Officer, Platform Capital said, “Data breaches affect nearly every organization with the average cost of each data breach estimated to be c.$4 million, these breaches present an enormous risk for businesses. SafeRoom’s proprietary technology enables businesses of any size to seamlessly deploy the same digital experience that their employees are used to in their personal lives with increased security and controls, thereby mitigating these risks. We are delighted about the partnership with Bianca, Roman and the SafeRoom team – who have over 8 years of experience in developing secure communication platforms – and the opportunity to support their growth in Africa and other emerging markets to position them firmly as a leading global SaaS platform.

About SafeRoom

SafeRoom is a SaaS platform that offers secure mobile messaging for businesses or teams that value privacy and security  – combining end-to-end encryption, data control and ease of use. The company is based in San Francisco and Mexico City with an engineering team in Germany and focuses on Emerging market businesses.

About Platform Capital

Platform Capital is a growth markets focused, sector agnostic, principal investment and advisory firm. They deploy patient, value accretive capital alongside international and local value investors to create champion businesses with the potential for regional or global scale. Platform also provides end-to-end bespoke Corporate Finance & Capital Markets advisory services. One of their key differences is their obsession with changing the African narrative.

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The passionate team behind SafeRoom delivers secure messaging products since 2012. SafeRoom is headquartered in San Francisco, engineered in Germany and connected via a global team on 3 continents