What Protectimus does

Protectimus is a Dublin-headquartered, privately held provider of multi-factor and two-factor authentication (MFA/2FA) solutions, operating as PROTECTIMUS LIMITED (Irish company number 669809) and founded in 2020. The technology stack is built on OATH-certified algorithms — TOTP, HOTP, and OCRA — with the company holding OATH coordinating-member status. Its portfolio spans a cloud-based SaaS service, an on-premise MFA platform, a proprietary Dynamic Strong Password Authentication (DSPA) module that integrates directly with Active Directory, LDAP, and custom databases, and a self-service password reset module. Authentication factors include the company's own hardware token line (Slim NFC, TWO, FLEX, SHARK), the SMART mobile app, push, SMS, email, and chatbot-based delivery through Telegram, Messenger, and Viber. Developer integration is supported by a RESTful API plus Java, Python, and PHP SDKs, with 30+ pre-built integrations spanning VPNs (Palo Alto, Cisco, SonicWall, Sophos, FortiGate, Azure VPN, etc.), VDI (Citrix, VMware Horizon, F5 BIG-IP, Nerdio), identity systems (ADFS, ADFS 3.0/4.0, OWA, Roundcube, Office 365 SSO), and privileged access management (Wallix Bastion), supplemented by Citrix Ready, Microsoft Partner, and OATH certifications.

Revenue mechanics combine a freemium SaaS tier (up to 10 users) that feeds a self-serve product-led funnel, paid subscription tiers for cloud MFA, enterprise multi-year contracts for custom deployments, on-premise software licenses, hardware token unit sales, and a 20% recurring-commission partner/affiliate channel. Go-to-market is API-first, with a direct enterprise sales motion layered on top for custom integrations and on-premise deployments. The named customer base straddles multiple verticals: Financial Services and Technology are flagged as primary, supplemented by Education, Healthcare, Government, Energy, Online Gaming, and Gambling. Logged enterprise references include SICIM (construction/engineering), DXC Technology/Xchanging Italy (IT services), and Volet (financial services/payments). Geographic reach is described as global, with offices in Ireland and US-based sales/support coverage (Dublin HQ at Carrick House, 49 Fitzwilliam Square, D02 N578).

Name

Protectimus

Legal name

PROTECTIMUS LIMITED

Website

https://protectimus.com

Company type

Private

Founded year

2020

Operating status

Operating

Headcount range

11–50 employees

Short description

Protectimus is an OATH-certified Dublin-based MFA/2FA provider offering cloud SaaS, on-premise, and DSPA directory-integrated authentication, its own hardware token line, and SDKs for Java, Python, and PHP, serving financial services, technology, healthcare, government, and other regulated and enterprise verticals globally.

Ownership category

akta.pro rank

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Cloud MFA SaaS Service: Subscription-based multi-factor authentication service deployed in the cloud. Customers pay according to selected service plans with options ranging from free (up to 10 users) to custom enterprise plans. Revenue generated through recurring subscription fees with billing cadences including monthly, annual, and multi-year contract options.
2. On-Premise MFA Platform: On-premises MFA platform deployed within customer's infrastructure or private cloud. Revenue from software licensing with customers purchasing licenses for required number of users. Equipment ownership may be retained by Protectimus or transferred to customer based on agreement terms.
3. Hardware OTP Tokens: Sale of proprietary hardware OTP tokens including Protectimus Slim NFC, TWO, FLEX, and SHARK. Tokens are programmable or classic devices generating one-time passwords for two-factor authentication.
4. Partner Referral Program: Partners earn 20% commission on every payment from clients they refer to the MFA service or platform. Customers and other parties may refer new customers on a remuneration basis through affiliate program.
5. Software SDKs and Customization: SDK packages for Java, Python, and PHP development. Custom branding options for tokens, applications, and platform. Extended technical support packages available for purchase.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Protectimus provides OATH-certified two-factor and multi-factor authentication (2FA/MFA) solutions delivered as a Cloud-Based MFA SaaS Service and an On-Premise MFA Platform, supported by a proprietary Dynamic Strong Password Authentication (DSPA) module, hardware OTP tokens, and software authentication methods (mobile app, chatbot, SMS, email, push). The offering targets enterprises and mid-market organizations that need to secure access to VPNs, RADIUS-enabled systems, AD/LDAP directories, virtual desktops, and cloud applications.

Product overview

Protectimus is a two-factor authentication provider offering a dual-deployment portfolio comprising the Cloud-Based MFA Service (SaaS) and the On-Premise MFA Platform. These core offerings are complemented by specialized add-on modules including Dynamic Strong Password Authentication (DSPA) for direct AD/LDAP/database integration, Self-Service Password Reset (SSPR), Electronic Visit Verification (EVV) for healthcare, and SMS Wi-Fi Authentication. The company provides its own line of hardware OTP tokens (Slim NFC, TWO, FLEX, SHARK) alongside software authentication methods including the Protectimus SMART mobile app, BOT chatbot delivery (Telegram, Messenger, Viber), SMS, email, and push notifications. Developer integration is supported via RESTful API with SDKs in Java, Python, and PHP.

Differentiator

Problem solved

Functional benefit

Products and services

• Protectimus Cloud-Based MFA Service

Quantifiable outcome

• TOTP passwords valid for only 30 seconds, making intercepted passwords unusable beyond that window
• +2 more outcomes

Named customers3 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration33 records

Feature7 records

Partnerships

Three partnerships are on record, tiered core.

• Initiative for Open Authentication (OATH)coreTechnology or IntegrationProtectimus is an OATH coordinating member and offers an OATH certified MFA solution. OATH (Initiative for Open Authentication) is an industry alliance promoting open authentication standards. This membership ensures Protectimus solutions comply with OATH standards for TOTP, HOTP, and OCRA algorithms, ensuring interoperability with other OATH-compliant systems and tokens.
• CitrixcoreTechnology or IntegrationProtectimus MFA solution is Citrix Ready certified, enabling seamless integration with Citrix ADC and Citrix Virtual Apps & Desktops. The certification confirms interoperability and joint go-to-market alignment for delivering secure remote access solutions.
• MicrosoftcoreTechnology or IntegrationProtectimus holds Microsoft Partner status with integrations for Microsoft products including Office 365 (with SSO), Outlook Web App (OWA), Exchange Admin Center (EAC), Active Directory Federation Services (ADFS), and Azure VPN. The partnership enables enterprise customers using Microsoft ecosystems to easily implement two-factor authentication.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Okta: Okta is a leading cloud identity platform offering MFA, SSO, and adaptive authentication as part of a broader workforce and customer identity suite. While Protectimus is a focused MFA specialist, Okta's MFA capabilities overlap substantially and represent the dominant incumbent competitive threat.
• Auth0 (Okta): Auth0, now part of Okta, is a developer-focused authentication platform offering MFA, SSO, and adaptive security. It overlaps with Protectimus's API-first, developer-led GTM motion and represents a broader-platform incumbent that bundles MFA with customer identity features.
• Microsoft Entra ID (Azure AD MFA): Microsoft Entra ID includes MFA capabilities bundled with Microsoft 365 and Azure. As the default authentication layer for the Microsoft ecosystem (where Protectimus also integrates), it is the most significant competitive incumbent and a major price-compression threat for standalone MFA.

Direct peers

• Yubico: Yubico is the leading independent hardware authentication token vendor (YubiKey), directly comparable to Protectimus's Slim NFC, TWO, FLEX, and SHARK hardware tokens. Both companies sell programmable and classic TOTP/FIDO tokens to enterprise and consumer markets.
• RSA Security (RSA SecurID): RSA SecurID is one of the most established MFA solutions globally, offering both hardware tokens and cloud authentication (RSA ID Plus). It competes with Protectimus in regulated industries (finance, government, defense) where on-premise deployment and proven certification are required.
• Google Authenticator: Google Authenticator is a free consumer TOTP authenticator app directly comparable to Protectimus SMART. While not enterprise-focused, it competes for end-user authenticator mindshare and is often deployed by SMBs in lieu of paid alternatives.
• OneSpan: OneSpan (formerly VASCO) provides authentication, MFA, and digital signature solutions including hardware DIGIPASS tokens and the OneSpan Trusted Identity platform. It is a comparable independent MFA vendor with a strong footprint in financial services, similar to Protectimus's positioning.
• Authy (Twilio): Twilio's Authy is a directly comparable 2FA/MFA token app and cloud-based authentication service for consumers and developers. It competes head-to-head with Protectimus SMART and the cloud MFA SaaS offering on TOTP support, multi-device sync, and developer APIs.
• HID Global (ActivID Authentication): HID Global offers ActivID authentication solutions including hardware OTP tokens and credential management for enterprise and government. It competes with Protectimus's hardware token line and on-premise MFA platform, particularly in public sector and high-assurance use cases.
• Cisco Duo Security: Cisco Duo is an enterprise MFA and zero-trust access platform with deep VPN and AD integrations, overlapping directly with Protectimus's enterprise MFA value proposition. Duo's bundle with Cisco AnyConnect and broader security portfolio represents both a peer and a major competitive threat.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/protectimus
• YouTubeyoutube.com/@ProtectimusSolutions
• Facebookfacebook.com/protectimus
• LinkedInlinkedin.com/company/protectimus-solution-ltd

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Protectimus