Truesec
Truesec is a Stockholm-headquartered Nordic cybersecurity provider offering 24/7 MDR, incident response, and consulting to enterprise, government, and critical infrastructure clients across the Nordics and Germany, combining agentic AI with 400+ security specialists.
- Company typePrivate
- Founded2018
- HeadquartersStockholm, Sweden
- Headcount251–500
- GTM typeB2B
- OfferingServices
What Truesec does
Truesec is a Stockholm-headquartered cybersecurity company operating the largest Security Operations Center (SOC) in the Nordic region. The company provides 24/7 Managed Detection and Response (MDR) combining 'agentic AI' with human expertise, alongside Managed Threat Exposure (MTE), Digital Forensics and Incident Response (DFIR), incident response retainers, and a broad consulting portfolio covering offensive security, application security, cloud security, IAM, OT security, and GRC advisory. The technology stack is built on leading third-party platforms (Microsoft, CrowdStrike, Splunk, Google Chronicle) and increasingly integrates Vega's AI-native Security Analytics Mesh, with detection engineering driven by 120,000+ hours of accumulated incident response experience.
Truesec serves enterprise, public sector, and critical infrastructure customers across the Nordics and Germany, including financial institutions (Swedbank), energy operators (Vattenfall), healthcare providers (Stockholms Sjukhem), municipalities (Lund Municipality), and retailers (Coop). Revenue is generated primarily through subscription-based managed services and professional security engagements delivered via direct enterprise sales and channel partners (Vega, Proact), with quote-based annual pricing and no public tier structure. The company is privately held by IK Partners and has executed two acquisitions in roughly 12 months (Banshie in 2025 and Subset in April 2026 for $23M), indicating a PE-backed roll-up strategy focused on capability and geographic expansion.
Truesec firmographics
Firmographics- Name
- Truesec
- Legal name
- Truesec Group
- Website
- https://truesec.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Truesec is a Stockholm-headquartered Nordic cybersecurity provider offering 24/7 MDR, incident response, and consulting to enterprise, government, and critical infrastructure clients across the Nordics and Germany, combining agentic AI with 400+ security specialists.
- Ownership category
- akta.pro rank
Truesec industry classification
Industry- Product category
- Managed Cybersecurity Services
- NAICS
- Computer Systems Design and Related Services (54151)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Application Security & DevSecOps Services (BPAKAHAJ)
Keywords
Where Truesec is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices6 records
Markets served
Truesec business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Revenue model
- Managed Detection and Response (MDR): 24/7 continuous cyber defense services combining agentic AI, threat intelligence, and human expertise. Includes monitoring, detection, and response capabilities for IT and OT environments.
- Professional Security Services: Expert services including incident response, offensive security, application security, consulting, and training. Provided on retainer, emergency, or project basis.
- Managed Threat Exposure (MTE): Continuous visibility into attack surface for identifying, assessing, and prioritizing vulnerabilities before exploitation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Custom enterprise pricing based on organization requirements |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels8 records
Truesec product offering
Product offeringCore offering
Truesec is a Nordic cybersecurity provider delivering 24/7 Managed Detection and Response (MDR), Managed Threat Exposure (MTE), and Digital Forensics and Incident Response (DFIR), backed by over 400 cybersecurity specialists and an agentic-AI-powered cybersecurity platform. Its portfolio also spans offensive security, application security, cloud, IAM, GRC advisory, threat intelligence, and OT security consulting for enterprise, public sector, and critical infrastructure clients.
Product overview
Truesec is a Nordic cybersecurity company offering a comprehensive portfolio of managed services, expert consulting, and an AI-powered cybersecurity platform. The core offering centers on Managed Detection and Response (MDR) with agentic AI combined with human expertise, complemented by Managed Threat Exposure (MTE) for attack surface management. The service portfolio includes Digital Forensics and Incident Response (DFIR), incident response retainers and exercises, and consulting services spanning offensive security, application security, cloud security, infrastructure security, IAM, threat intelligence, and GRC advisory. The AI Cybersecurity Platform represents the company's next-generation technology foundation. Solutions address specific verticals including OT security, third-party risk, VMware security, Zero Trust, and cybersecurity asset management.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- 5,000+ attacks identified and disarmed last year
- +3 more outcomes
Companies that use Truesec
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
Truesec technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability2 records
Feature3 records
Truesec partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core.
- VegacoreTruesec and Vega partnered to deliver managed detection and response (MDR) services across the Nordics. The partnership combines Truesec's incident response and MDR operations with Vega's AI-native Security Analytics Mesh platform, which analyzes security data in place across cloud, on-premises, and legacy systems without requiring data migration. Truesec builds assessment, implementation, and fully managed 24/7 SOC services around the platform.
- ProactcoreProact entered a partnership with Truesec to strengthen its cybersecurity offering, combining Proact's data and cloud expertise with Truesec's comprehensive security services.
- MicrosoftcoreMicrosoft is listed as a technology partner whose platforms are leveraged within Truesec's cybersecurity offerings. Truesec's services leverage Microsoft, CrowdStrike, and other leading security platforms.
- CrowdStrikecoreCrowdStrike is listed as a technology partner whose platforms are leveraged within Truesec's cybersecurity offerings for endpoint and workload protection.
Scale indicators6 records
Recent moves7 records
Expansion highlights6 records
Truesec competitors and assessment
Company assessmentDirect peers
- WithSecure: Helsinki-based cybersecurity company offering managed detection and response, incident response, and consulting across the Nordics and Europe. WithSecure is the closest direct peer given its overlapping Nordic footprint, comparable MDR/IR portfolio, and shared enterprise and mid-market customer base.
- DNV Cyber (formerly Nixu): DNV's cybersecurity division built on the acquisition of Finnish MSSP Nixu, offering managed security services, incident response, and OT/industrial security across the Nordics. It is a direct Nordic peer with overlapping vertical focus on OT and critical infrastructure.
- Arctic Wolf: US-headquartered MDR provider operating globally with a security operations platform delivered as a managed service. Arctic Wolf is a direct peer given its MDR-first delivery model and enterprise/mid-market focus, and is expanding into the Nordics and DACH where it competes with Truesec.
- Trustwave: Global MSSP and MDR provider offering managed detection and response, DFIR, and security consulting to enterprise and government clients. Trustwave is a direct peer in the MSSP/MDR category with comparable service lines and customer types.
- eSentire: Pure-play MDR provider delivering 24/7 managed detection and response with global SOCs. eSentire is a direct peer given its MDR-first model and overlap in mid-market and enterprise cybersecurity services, and is actively expanding into European markets.
Broad incumbents
- Orange Cyberdefense: The cybersecurity arm of Orange Group, providing MSSP, MDR, threat intelligence, and consulting across Europe. It is a broad incumbent peer that competes for the same pan-European enterprise and critical infrastructure deals Truesec targets, but at significantly larger scale and geographic reach.
- Accenture Security: Global professional services firm's cybersecurity practice delivering managed security, incident response, and GRC advisory to large enterprises. It is a broad incumbent peer that competes for the same large enterprise and government engagements Truesec targets across the Nordics.
- Deloitte Cyber: Big Four cyber practice offering managed security services, incident response, offensive security, and advisory globally. It competes with Truesec for Nordic enterprise and regulated-industry cybersecurity engagements from a broad incumbent position.
- Optiv: US-headquartered security services integrator providing managed security, consulting, and technology resale. Optiv is a broad incumbent peer that competes in enterprise cybersecurity services, with a delivery model that overlaps Truesec's advisory and managed offerings.
Emerging players
- Kudelski Security: Swiss-based cybersecurity services firm providing managed detection and response, incident response, and cryptography advisory across Europe. It is an emerging European peer with overlapping services and similar enterprise/government customer profile, though at smaller scale than Truesec.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Truesec social profiles
Digital presenceTruesec financial estimates
Financial estimateRevenue estimate
Valuation estimate
Truesec leadership team
Management profileNumber of profiles
Profiles13 records
Truesec subsidiaries and ownership
Company hierarchySubsidiaries1 record
Truesec funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Truesec M&A and investment
M&A and investmentM&A2 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Truesec
What does Truesec do?
Truesec is a Nordic cybersecurity provider delivering 24/7 Managed Detection and Response (MDR), Managed Threat Exposure (MTE), and Digital Forensics and Incident Response (DFIR), backed by over 400 cybersecurity specialists and an agentic-AI-powered cybersecurity platform. Its portfolio also spans offensive security, application security, cloud, IAM, GRC advisory, threat intelligence, and OT security consulting for enterprise, public sector, and critical infrastructure clients.
Is Truesec a public or private company?
Truesec is a private company. It is classified as private equity controlled and is currently operating.
When was Truesec founded?
Truesec was founded in 2018. It employs 251 to 500 people.
Where is Truesec based?
Truesec is headquartered in Stockholm, Sweden, in the Europe region.
How does Truesec make money?
Three revenue lines are on record. Managed Detection and Response (MDR) is the primary driver. The others are professional Security Services and managed Threat Exposure (MTE).
Who are Truesec's main competitors?
Direct peers on record are WithSecure, DNV Cyber (formerly Nixu), Arctic Wolf, Trustwave and eSentire. Broad incumbents are Orange Cyberdefense, Accenture Security, Deloitte Cyber and Optiv. Kudelski Security is listed as an emerging player.
Does Truesec have an API?
No public API is recorded for Truesec.
What industry is Truesec in?
Truesec's product category is Managed Cybersecurity Services. Its primary akta.pro industry code is BPAKAHAJ, Application Security & DevSecOps Services. Its NAICS code is 54151 and its SIC code is 7370.