What Layer 7 Innovations does

Layer 7 Innovations Inc. is a Toronto-headquartered, privately held software company founded in 2014 that operates a hybrid platform-plus-professional-services model with delivery capacity centered on an engineering hub in Colombo, Sri Lanka and regional offices in Bangkok (Thailand), and operations referenced in Australia and the United Kingdom. The company is led by founder and CEO Tiranjan Bulankulame and employs between 11 and 50 people. Its flagship product, BoardPAC, is a board meeting automation platform offering paperless meeting management, secure document distribution, e-signatures, version control, and native integrations with Microsoft Teams, Webex, and Zoom; the platform has been adopted by enterprise customers including Mercedes-Benz, Deloitte, Petronas, Bank of Singapore, Taj Group, Maxis, and Telekom Malaysia. A second branded offering, CyberCop, delivers cybersecurity controls integrated with Microsoft Sentinel (SIEM/SOAR).

The company generates revenue through three principal streams: hourly project-based development services billed at US$25-30 per hour with a 30-35% mobilization fee and milestone-based billing; annual subscription licensing for BoardPAC with custom enterprise quotes based on user count and feature scope; and Microsoft-aligned consulting across BI, Data Engineering, Security, Cloud (Azure/M365), and AI/ML. The go-to-market combines enterprise field sales targeting large organizations (with referrals as the primary acquisition channel), a channel partner motion via the October 2024 PEAS partnership for BoardPAC distribution, and the Microsoft partner ecosystem for cloud and security service delivery. Marketing is driven by social media presence (LinkedIn, Facebook, Instagram), GoodFirms recognition (Best Company to Work With, Top Firm for GoLang Development, Top Bubble CMS Developer in Toronto — all 2023), and a company podcast.

Beyond BoardPAC and CyberCop, the portfolio includes custom mobile and web application development, fintech solutions (ERP, CRM, supply chain), AR/VR/MR immersive experiences, IoT implementations, UI/UX design services, live streaming, and a set of sub-brand products (ShopX, Eredite, Skin Sync, Legacy One). The company was recognized by GoodFirms in 2023 and has not disclosed any external funding rounds, indicating organic growth funded internally.

Name

Layer 7 Innovations

Legal name

Layer 7 Innovations Inc.

Website

https://layer7innovations.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Layer 7 Innovations is a Toronto-headquartered software company founded in 2014 that builds and licenses BoardPAC (board meeting automation) and CyberCop (cybersecurity), while delivering custom AI, IoT, cloud, and mobile/web development services to enterprise clients globally through an offshore delivery model centered on Sri Lanka.

Ownership category

akta.pro rank

Headquarters

HQ city

Toronto

HQ country

Canada

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

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

Revenue model

1. Project-based Development Services: Hourly project-based pricing model. Average project price ranges between US$25 to US$30 per hour. Mobilization fee of 30-35% collected at project beginning, remaining cost collected after achieving predefined milestones.
2. BoardPAC Licensing/Subscription: BoardPAC board meeting automation platform offered with pricing varying based on organizational needs, number of users, and additional features. Custom quotes provided for enterprise clients.
3. Consulting Services: Microsoft partnership consulting services including BI, Data Engineering, Security, Cloud, and AI/ML solutions. Change management training and communication services.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Layer 7 Innovations is a Toronto-based software company that designs and develops custom mobile and web applications, fintech platforms, IoT solutions, AR/VR/MR experiences, and AI-driven applications, supported by Microsoft Cloud, BI/Data Engineering, and cybersecurity (CyberCop) services. Its flagship product is BoardPAC, a subscription platform that automates secure, paperless board meetings with document management, e-signatures, and native integration into Microsoft Teams, Webex, and Zoom for global enterprise customers including Taj, Maxis, Deloitte, Petronas, and Mercedes-Benz.

Product overview

Layer 7 Innovations is a multi-product technology solutions provider offering a platform-plus-services architecture. The company's flagship product is BoardPAC, a next-generation board meeting automation platform providing secure, paperless board communications and document management. Alongside BoardPAC, the company offers CyberCop as its cybersecurity service arm providing Sound Cyber Security Control Solutions. The core service portfolio spans mobile and web application development, fintech solutions, AI/ML solutions, IoT, and UI/UX design. Additional services include Microsoft Cloud (Azure/365), BI & Data Engineering, Microsoft Security (Sentinel/SIEM/SOAR), and Change Management. The company also develops portfolio products including ShopX (e-commerce), Eredite, Skin Sync, and Legacy One. Services are delivered through a complete in-house model with operations spanning Discovery & Planning, Development, Seamless Design, and Launch phases.

Differentiator

Problem solved

Functional benefit

Brands

• BoardPAC: Next generation board meeting automation platform that provides secure, paperless board communications, decision-making, and document management for organizations globally.
• CyberCop

Products and services

• BoardPAC Next-generation board meeting automation platform that delivers secure, paperless board communications, decision-making, e-signatures, version control, drag-and-drop document management, and native integration with Microsoft Teams, Webex, and Zoom; used by enterprises such as Taj Group, Maxis, Telekom Malaysia, Deloitte, Petronas, Bank of Singapore, and Mercedes-Benz.
• CyberCop Cybersecurity service offering Sound Cyber Security Control Solutions that protect enterprise technology perimeters and reduce exposure to cyber risks, integrating with Microsoft Sentinel (SIEM/SOAR) for threat detection, anomaly response, and risk management.
• Microsoft Cloud Services Azure and Microsoft 365 consulting covering cloud-migration business cases, workload design and deployment, O365/M365 migrations, and ongoing management of cloud environments for Microsoft-stack organizations.
• BI & Data Engineering Data engineering services including ETL/ELT processes, Cloud Data Warehouse migration, and operational/management dashboards that deliver business insights for Microsoft-stack customers.
• Microsoft Security Security consultancy that integrates existing security tools with Microsoft Sentinel (SIEM/SOAR) and delivers customized dashboards, notifications, and workflows for enterprise security operations.
• AI/ML Solutions Artificial Intelligence and Machine Learning solutions that automate processes using real-time data and uncover deeper business insights for operational optimization.
• Change Management Change management training, communication, and personal support services that reduce downtime and improve adoption during IT system transitions and digital transformations.
• Mobile Application Development End-to-end mobile app development from planning through deployment across iOS, Android, and Windows platforms, with expert UI/UX design for intuitive and engaging user interfaces.
• Web Application Development Web application development from concept to execution with distinctive professional designs and well-structured sites intended to boost engagement and interactivity in the digital landscape.
• Fintech Solutions Custom financial technology tools for financial management, ERP, financial modelling, Sales & Marketing CRM, Inventory Control Management, and Supply Chain Management targeting banks, fintechs, and corporate finance teams.
• IoT Solutions IoT implementation services that leverage Organizational Information Technology, connected devices, and systems to drive business growth and operational efficiency.
• AR/VR/MR Solutions Augmented Reality, Virtual Reality, and Mixed Reality solutions that build immersive experiences including 3D views for placing virtual objects in the real world, used in initiatives like the UNDP COP 18 World Wildlife & Fauna Conference VR experience.
• Live Streaming Real-time interactivity streaming technology that maximizes global reach and accessibility for diverse audiences across events and broadcast use cases.
• UI/UX Design Services UI/UX design service creating intuitive and engaging user interfaces for seamless product interactions, delivered as part of mobile, web, and enterprise application projects.

Quantifiable outcome

• 75% repetitive customer base indicating strong customer loyalty and satisfaction
• +2 more outcomes

Named customers9 records

Segments9 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability8 records

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• Professional Executive Associates (PEAS)coreChannel Partner/ Reseller/ Distributor · 1 October 2024Strategic partnership to bring BoardPAC board meeting automation platform to PEAS clients. PEAS, a leading provider of executive support and business optimization services, will distribute BoardPAC to help organizations enhance governance practices, boost productivity, and reduce administrative burdens associated with board meetings.
• MicrosoftcoreTechnology or IntegrationMicrosoft Layer 7 Partnership providing BI & Data Engineering, Microsoft Security (Sentinel SIEM/SOAR integration), AI/ML Solutions, and Microsoft Cloud services (Azure, Microsoft 365). The partnership enables consultancy for cloud migration, workload design and deployment, O365/M365 migrations, and ongoing cloud environment management.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Bosc Tech Labs: Bosc Tech Labs offers custom software, AI/ML, IoT, and AR/VR services to global clients, overlapping Layer 7's services portfolio and enterprise-targeting motion.
• Diligent: Diligent (Boardvantage) is the leading enterprise board portal and governance SaaS — the principal direct competitor to Layer 7's BoardPAC for large-organization board meeting automation.
• Globant: Globant is a global digital and cognitive services firm offering custom software, AI/ML, IoT, and enterprise transformation — closely mirroring Layer 7's custom dev plus emerging-tech services mix at much larger scale.
• Fingent: Fingent provides custom software development, AI/ML, and enterprise application services comparable to Layer 7's full-stack custom dev plus Microsoft Cloud/BI services.
• Ciklum: Ciklum is a custom software engineering provider with distributed delivery centers, including Sri Lanka — a near-direct model match to Layer 7's offshore-anchored services approach.
• Thoughtworks: Thoughtworks delivers custom software development, cloud, data engineering, and AI services to enterprises, comparable to Layer 7's Microsoft-stack consulting plus BI/Data Engineering and AI/ML offerings.
• Iflexion: Iflexion is a full-cycle custom software development company with AI, IoT, and AR/VR capabilities — comparable to Layer 7's mobile/web, AI/ML, IoT, and AR/VR service stack.
• RapidValue: RapidValue delivers digital transformation, mobile/web, and emerging-tech services to enterprises, similar in scope and target buyer to Layer 7's Microsoft-stack consulting offering.
• ScienceSoft: ScienceSoft provides custom software development, AI/ML, IoT, and cybersecurity services, closely paralleling Layer 7's broad technology services portfolio across AI, IoT, and CyberCop.

Broad incumbents

• Infosys: Infosys is a global systems integrator offering application development, cloud, AI, and consulting at scale — a broader incumbent that competes for many of the same enterprise custom-dev mandates as Layer 7.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/Layer7Innovations
• LinkedInlinkedin.com/company/layer-7-innovations-plc
• Instagraminstagram.com/layer7.inc?igsh=MWJndDF0aDNyZ3dpcg==

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 Layer 7 Innovations