AxCrypt
AxCrypt is a Swedish software company providing AES-256 file encryption, password management, and secure messaging tools to individuals, SMBs, and regulated enterprises across ~160 countries under a freemium-to-subscription model.
- Company typePrivate
- Founded2001
- HeadquartersStockholm, Sweden
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What AxCrypt does
AxCrypt is a Swedish software company that develops file encryption, password management, and secure messaging tools for individuals, small and medium businesses, and regulated enterprises. Its core product is built on AES-256 encryption with a zero-knowledge architecture in which encryption keys remain on the user's device, ensuring that neither AxCrypt nor any third party can access secured content. The platform spans Windows, macOS, Linux, Android, and iOS, with native encryption integration for Google Drive, OneDrive, and Dropbox, and is offered under a GNU GPL open-source license.
The product portfolio is organized into three tiers: a free tier with limited monthly encryption, a Premium subscription for individuals with unlimited encryption, mobile apps, password manager, secured messenger, text encryption, and vault features, and a Business tier that adds Master Key recovery, group management, user access controls, and audit features with HIPAA, GDPR, and NIS2 compliance positioning. Distribution is multi-channel: self-serve direct downloads, Google Play and Apple App Store listings, a reseller and affiliate partner program, and dedicated enterprise field sales for the Business tier. The company operates from Stockholm, Sweden with an offshore development center in Bangalore, India (AxCrypt Software Private Limited).
AxCrypt is privately held and appears to be bootstrapped, with no institutional funding rounds disclosed beyond a 2016 Propel Capital/Sting grant. The company claims 20M+ downloads, ~160 represented countries, 35M users, and 1,000+ organizations, and has held PCMag's Editors' Choice "Best Encryption Software" award for nine consecutive years (2016-2025). Revenue is not publicly disclosed and the company employs 1-10 people.
AxCrypt firmographics
Firmographics- Name
- AxCrypt
- Legal name
- AxCrypt AB
- Website
- https://axcrypt.net
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- AxCrypt is a Swedish software company providing AES-256 file encryption, password management, and secure messaging tools to individuals, SMBs, and regulated enterprises across ~160 countries under a freemium-to-subscription model.
- Ownership category
- akta.pro rank
AxCrypt industry classification
Industry- Product category
- File Encryption Software
- NAICS
- Software Publishers (5132)
- akta.pro primary industry
- Encryption (Data-at-Rest / In-Transit / In-Use) (HDADAFAB)
- akta.pro secondary industries
- Secure/Encrypted Messaging (BPAMACAG), Access Management & Policy Enforcement (Zero Trust) (BPAMAEAH)
Keywords
Where AxCrypt is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices2 records
Markets served
AxCrypt business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Premium Subscription: Annual subscription for individuals providing unlimited encryption, secure sharing, password manager, secured messenger, and priority support. Billed monthly with 20% discount for annual commitment.
- Business Subscription: Team/enterprise subscription with all Premium features plus Master Key, Groups Management, Group File Sharing, User Access Control, Group Password Sharing, Business Admin, Dedicated Account Manager, and Business Priority Support. Billed per seat monthly with annual discount.
- Free Tier: Limited free tier offering basic encryption (2 files/month, 1 recipient, password manager up to 10 items, secured messenger up to 10 messages) to drive user acquisition and conversion to paid plans.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier with limited features for basic encryption needs |
| Subscription | Annual | Unlimited personal encryption with advanced features |
| Subscription | Annual | Team encryption with centralized management and compliance |
Go-to-market motion3 records
Distribution channels6 records
Marketing channels9 records
AxCrypt product offering
Product offeringCore offering
AxCrypt provides AES-256 file encryption software with zero-knowledge architecture for individuals and organizations, enabling secure file sharing, password management, secured messaging, and automatic cloud encryption for Google Drive, OneDrive, and Dropbox. It is offered in three tiers (Free, Premium for individuals, Business for teams) across Windows, macOS, Linux, Android, and iOS.
Product overview
AxCrypt is a file encryption and password management software provider offering three subscription tiers: Free (limited basic features), Premium (unlimited personal encryption with mobile apps, password manager, secured messenger, text encryption, and vault), and Business (all Premium features plus Master Key, group management, access controls, and compliance tools for organizations). The product portfolio includes core encryption capabilities using AES-256 algorithm, cloud security integrations with Google Drive, OneDrive, and Dropbox, password management with zero-knowledge architecture, secured messaging, text encryption, and a Vault feature for automatic file protection. AxCrypt serves individuals, businesses, and specific industries including technology, education, financial services, legal, healthcare, and government sectors.
Differentiator
Problem solved
Functional benefit
Products and services
- AxCrypt Free Free tier of AxCrypt encryption software offering limited use with AES-256 encryption, up to 2 files per month encryption, key sharing with 1 recipient, secured messenger for up to 10 messages, password manager for up to 10 passwords, and basic cloud security features. Designed for individual users evaluating the product.
- AxCrypt Premium Premium subscription providing unlimited file encryption, unlimited secured messenger, unlimited text encryption, mobile apps for Android and iOS, secured folders and subfolders, password manager, and secured delete functionality for personal use. Targeted at individual consumers and professionals.
- AxCrypt Business Enterprise-tier encryption solution for organizations and teams offering all Premium features plus Master Key for administrator file recovery, groups management, group file sharing, user access control, group password sharing, group messages sharing, business admin capabilities, dedicated account manager, and business priority support with HIPAA/GDPR/NIS2 compliance awareness.
- AxCrypt for Industries Industry-specific encryption solutions tailored for technology, education, financial, legal, healthcare, and government sectors with features designed to meet regulatory compliance requirements including HIPAA, GDPR, and NIS2.
- Command Line Interface (CLI) Powerful CLI tool for automation enabling scripting and programming workflows for batch encryption and decryption operations for power users and enterprise automation.
Quantifiable outcome
- 20M+ downloads worldwide
- +3 more outcomes
Companies that use AxCrypt
Customer profileNamed customers9 records
Segments8 records
Ideal customer profiles3 records
AxCrypt technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration4 records
Feature16 records
AxCrypt partnerships and signals
Strategic signalScale indicators7 records
Recent moves6 records
Expansion highlights6 records
AxCrypt competitors and assessment
Company assessmentDirect peers
- VeraCrypt: Free, open-source on-the-fly disk/file encryption tool widely used as a no-cost alternative to AxCrypt's core file and folder encryption use cases.
- Cryptomator: Free, open-source client-side encryption for cloud files, directly competing with AxCrypt's cloud security feature for Google Drive, OneDrive, and Dropbox users.
- NordLocker: File encryption product from Nord Security that offers AES-256 encrypted cloud storage and file sharing, directly comparable to AxCrypt Premium and Business offerings.
- Boxcryptor: Cloud-focused encryption layer (now part of Dropbox) that secured files in Google Drive, OneDrive, Dropbox, and other providers; competes head-on with AxCrypt's cloud security integrations.
- Bitwarden: Open-source password manager and encrypted vault that competes directly with AxCrypt's password manager and secure file storage features, targeting both individuals and businesses with freemium pricing.
- Folder Lock: Consumer and SMB file/folder encryption and password protection product, comparable to AxCrypt's Premium tier in target market and core encryption use cases.
- 1Password: Established password manager and secure vault provider with a strong consumer and business presence, overlapping with AxCrypt's password management, secure sharing, and team-focused Business tier.
Broad incumbents
- Microsoft BitLocker: OS-bundled full-disk encryption included with Windows that competes with AxCrypt's file encryption for individual and enterprise Windows users at zero incremental cost.
- Dropbox Vault: Native encrypted folder feature within Dropbox that provides baseline file security for the same Drive/Dropbox/OneDrive use cases AxCrypt targets, leveraging Dropbox's existing distribution.
- Kaspersky: Global cybersecurity suite that bundles encryption, password management, and secure file features into a broader endpoint security offering, representing the kind of integrated competitor AxCrypt faces in SMB and consumer markets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
AxCrypt social profiles
Digital presenceAxCrypt compliance and trust
Trust signalCompliance3 records
AxCrypt financial estimates
Financial estimateRevenue estimate
Valuation estimate
AxCrypt leadership team
Management profileNumber of profiles
Profiles1 record
AxCrypt subsidiaries and ownership
Company hierarchySubsidiaries1 record
AxCrypt funding detail
Funding detailFunding overview
Funding rounds1 record
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
AxCrypt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about AxCrypt
What does AxCrypt do?
AxCrypt provides AES-256 file encryption software with zero-knowledge architecture for individuals and organizations, enabling secure file sharing, password management, secured messaging, and automatic cloud encryption for Google Drive, OneDrive, and Dropbox. It is offered in three tiers (Free, Premium for individuals, Business for teams) across Windows, macOS, Linux, Android, and iOS.
Is AxCrypt a public or private company?
AxCrypt is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was AxCrypt founded?
AxCrypt was founded in 2001. It employs 1 to 10 people.
Where is AxCrypt based?
AxCrypt is headquartered in Stockholm, Sweden, in the Europe region.
How does AxCrypt make money?
Three revenue lines are on record. Premium Subscription is the primary driver. The others are business Subscription and free Tier.
Who are AxCrypt's main competitors?
Direct peers on record are VeraCrypt, Cryptomator, NordLocker, Boxcryptor, Bitwarden, Folder Lock and 1Password. Broad incumbents are Microsoft BitLocker, Dropbox Vault and Kaspersky.
Does AxCrypt have an API?
No public API is recorded for AxCrypt.
What industry is AxCrypt in?
AxCrypt's product category is File Encryption Software. Its primary akta.pro industry code is HDADAFAB, Encryption (Data-at-Rest / In-Transit / In-Use), with a secondary code of BPAMACAG, Secure/Encrypted Messaging. Its NAICS code is 5132.