What Codec Security Ventures does

Codec Security Pty Ltd, operating as Codec Security Ventures, is a Sydney-headquartered private Australian security firm founded in 2020. It delivers licensed physical security (guards, crowd control, mobile patrol, concierge, close personal protection) alongside risk advisory, AI-enabled surveillance, autonomous robotics, drone operations, touchless access control, and cybersecurity. The company serves commercial real estate, retail, stadiums and events, education, government, and critical-infrastructure clients across NSW, Victoria, and Queensland, with named customers including Knight Frank, JLL, DoorDash, Bond University, and Cricket Australia. It is founder/management-owned with no disclosed institutional shareholders.

Operations run through four wholly-owned subsidiaries: AssetPro (Queensland-based security and crowd control for stadium and event venues), Sheridan Consulting (risk advisory, emergency management, and counter-terrorism training), Excelium (cybersecurity), and SkillsVR (virtual-reality training for guards and controllers). The technology stack is partner-delivered rather than developed in-house — AI CCTV from Irisity, autonomous patrol robots from Cobalt Robotics, drones from Skydio and Nightingale Security, and contactless access control from SafeTrust — and is bundled into services contracts rather than sold as standalone software. Regulatory credentials include AS/NZS 4421:2011 crowd-controller accreditation and NSW (000108968) and VIC (Z47-129-90S) security-operator licences.

The revenue model is professional services with custom quote-based pricing tied to site risk profile, contract length, and scope, supported by a sector-dedicated GTM motion (commercial, retail, stadium/events, education, government, infrastructure). The go-to-market is enterprise field sales via a website enquiry form plus named-account pursuit, with contracts typically structured on multi-year terms. Disclosed senior leadership — Chairman Roman Quaedvlieg (former Secretary of the Australian Border Force), CIO Richard Suhr (ex-Google), CFO William Peng (ex-Chubb), and CEO Bryan Goudsblom — is unusually credentialed for a firm of this size, suggesting a deliberate positioning toward government and tier-1 enterprise accounts.

Name

Codec Security Ventures

Legal name

Codec Security Pty Ltd

Website

https://codecsecurity.com

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Short description

Codec Security is an Australian private security firm integrating licensed guarding, crowd control, and risk advisory with VR training, AI surveillance, robotics, drones, and cybersecurity. It serves commercial, retail, stadium/events, education, government, and infrastructure clients across NSW, Victoria, and Queensland via four wholly-owned subsidiaries.

Ownership category

akta.pro rank

Product category

Physical Security Services

NAICS

Security Guards and Patrol Services (561612), Security Systems Services (except Locksmiths) (561621), Investigation, Guard, and Armored Car Services (56161)

SIC

Services-Detective, Guard & Armored Car Services (7381)

akta.pro primary industry

Remote Video Guarding / Virtual Patrol (Guard + CCTV) (BPAKAAAL)

akta.pro secondary industries

Public Sector Guarding (Government Buildings, Courthouses) (BPAKAAAG), Privacy, Data Protection & Cyber Governance (GRC) (BPAHAFAF)

Keywords

• Physical security services
• Integrated security solutions
• Risk advisory consulting
• Security guard services
• Crowd management services

Headquarters

HQ city

Melbourne

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Others

Revenue model

1. Physical Security Services: Core revenue from licensed security guards, crowd controllers, mobile patrols, close personal protection, and concierge services. Delivered by trained personnel across multiple sectors.
2. Risk Advisory Services: Threat assessments, compliance audits, security strategies, risk management frameworks, and policy development consulting.
3. Technology-Enabled Services: Integrated solutions combining human security with VR training, AI surveillance, robotics, drone patrols, and access control systems.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Codec Security is a sovereign Australian security firm delivering licensed physical guarding (security guards, crowd controllers, mobile patrols, close personal protection, concierge) combined with risk advisory/management consulting and technology-enabled services (VR training, AI CCTV, autonomous robotics, drones, touchless access control, and cybersecurity). Services are tailored to client requirements across commercial, retail, stadiums and events, education, government, and infrastructure sectors in Australia.

Product overview

Codec Security is a sovereign Australian security firm offering an integrated portfolio of physical security services and technology-enabled solutions. The core offering comprises traditional guarding services (Security Guards, Crowd Control, Close Personal Protection, Mobile Patrol, Concierge) combined with advisory services (Risk Advisory, Risk Management) and specialized operations (Field of Play). Technology products include AI CCTV (powered by Irisity), Robotics (via Cobalt Robotics), Drones (via Skydio and Nightingale Security), and VR Training (via SkillsVR). The cybersecurity division, delivered through partnership with Excelium, extends the portfolio into digital protection. This layered approach combines human expertise with AI-powered automation, robotics, and real-time data to deliver intelligence-driven protection across commercial, retail, stadium/events, education, government, and infrastructure sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Security Guards Licensed security guards delivering a consistent physical presence to deter threats, respond to incidents, and protect property. Guards adapt to varying site conditions and serve as the first line of defense for commercial, retail, government, and infrastructure clients in Australia.
• Crowd Control Personnel trained to manage large groups safely, de-escalate tension, and maintain compliance with legal and safety requirements. Skilled in access control, entry screening, and managing patron flow for events, venues, and high-traffic settings.
• Close Personal Protection Protection operatives trained in threat assessment, surveillance detection, and secure movement for executives, VIPs, or individuals facing specific risks. Operates with professionalism and confidentiality tailored to client needs.
• Mobile Patrol Flexible, fast-response security across large or multiple locations conducted in marked vehicles with trained personnel. Includes GPS tracking and digital reporting for real-time incident awareness; ideal for after-hours monitoring and site checks.
• Concierge Personnel combining front-of-house service with trained security awareness, welcoming visitors, monitoring access, and reporting on-site concerns while representing the brand professionally. Designed for corporate buildings and hospitality spaces.
• Risk Advisory Advisory services providing detailed threat assessments, compliance audits, and tailored security strategies. Works with clients to identify vulnerabilities and deliver pragmatic, actionable recommendations for operational resilience.
• Risk Management Comprehensive risk frameworks addressing physical, operational, and reputational risks. Integrates training, policy development, and scenario planning to embed security into everyday operations for a proactive, accountable, scalable security posture.
• VR Training Immersive virtual reality training delivering real-world security simulations in a safe learning environment. Covers crowd disturbances, bag searches, wanding, and emergency response to build reflexive decision-making; tailored to different roles, skill levels, and risk profiles.
• Field of Play Specialized security for field-of-play environments including sporting sidelines, entertainment stages, and VIP corridors. Personnel ensure player and performer safety while maintaining low disruption with coordination across event staff and emergency services.
• Cybersecurity Cyber security solutions delivered in partnership with Excelium, protecting digital assets and infrastructure from vulnerability assessments to managed threat response. Integrates with physical security strategies for full-spectrum defense.
• AI CCTV AI-driven CCTV systems powered by Irisity delivering intelligent surveillance with advanced video analytics for threat detection, unusual behavior recognition, and false alarm reduction. Transforms traditional security into an active, responsive system.
• Robotics Autonomous security robots powered by Cobalt Robotics for 24/7 patrol and monitoring. Ground-based units equipped with sensors, cameras, and two-way communication to enhance perimeter control, reduce human exposure, and deliver real-time situational awareness.
• Drones Drone technology transforming high-risk operations through autonomous aerial intelligence. Delivery partners include Skydio and Nightingale Security. Drones integrate with existing sensors and infrastructure for coordinated, proactive defense strategy.
• Access Control Touchless access experience designed to make workplaces more secure, healthy, and convenient. Delivered with SafeTrust as the technology partner; eliminates physical contact points while enhancing safety and streamlining entry.

Quantifiable outcome

• Over 200 years of combined team experience across AssetPro operations

Named customers6 records

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration6 records

AI capability5 records

Feature6 records

Partnerships

Four partnerships are on record, tiered core.

• AssetProcoreStrategic or Co-development PartnerAssetPro is one of Australia's leading providers of security, crowd control, and risk management personnel, with a strong presence across Queensland and beyond. Over 200 years of combined team experience trusted by iconic venues and events. Part of Codec Security's portfolio partners delivering reliable, scalable, and professional security solutions.
• Sheridan ConsultingcoreStrategic or Co-development PartnerSheridan's dual expertise in strategic consulting and operational execution complements Codec Security's integrated security model. Their disciplined approach and high-caliber personnel strengthen the portfolio's ability to deliver premium, flexible security services across sectors including risk management, crowd management, and counter-terrorism training.
• ExceliumcoreTechnology or IntegrationExcelium is Australia's premiere cybersecurity leader providing the highest caliber service and protection in the digital landscape. Partnered with Codec Security's leading workforce, high value assets and infrastructure remain equipped and protected. Services include strategic cyber advisory, critical infrastructure security, offensive security services, and 24/7 cyber operations support.
• SkillsVRcoreTechnology or IntegrationSkillsVR delivers immersive Virtual Reality training that simplifies and enhances physical security preparedness. From access control procedures and emergency response to threat identification and protective security protocols, SkillsVR enables creation, scaling, and measurement of engaging training worldwide.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Wilson Security: Australia's largest privately owned security company, providing manned guarding, mobile patrols, and event security across commercial, retail, government, and infrastructure sectors — directly comparable to Codec's traditional guarding core.
• STANLEY Security Australia (formerly Chubb Security): Provides integrated electronic security, guarding, and monitoring services across Australia, with deep government and enterprise client relationships — directly comparable to Codec's integrated physical-plus-technology model.
• Certis Security Australia: Asia-Pacific-headquartered integrated security services provider offering guarding, technology, and aviation/event security with growing Australian presence — comparable end-to-end offering with international parent.
• MSS Security: Major Australian security services provider offering guarding, patrol, and security technology solutions to government, aviation, and major events — a closely overlapping competitor in Codec's core segments.
• CyberCX: Australia's largest independent cybersecurity services firm — directly comparable to Codec's Excelium cybersecurity subsidiary across advisory, managed security, and critical-infrastructure protection.

Broad incumbents

• Tesserent (now Thales Cyber Services ANZ): Australian cybersecurity and digital transformation firm (acquired by Thales) — comparable to Excelium's service portfolio and to Codec's broader security-consulting positioning through Sheridan Consulting.
• Securitas Australia: Australian arm of global security giant Securitas AB, offering guarding, electronic security, mobile, and risk consulting — competes broadly with Codec but with vastly greater scale and a global technology roadmap.
• Allied Universal (formerly G4S Australia): Global security services firm with large Australian footprint offering manned guarding, electronic security, and integrated solutions — comparable across Codec's full service portfolio but at much larger scale.

Emerging players

• SISU Solutions: Australian tech-enabled security firm combining AI surveillance, remote monitoring, and guarding — narrower geographic and segment reach than Codec but directly comparable technology-augmented positioning.
• DroneShield: ASX-listed Australian counter-UAS and drone-security specialist — comparable to Codec's drone/Skydio partnership offering, though DroneShield sells standalone drone-detection products rather than integrated guarding services.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/codecsecurityventures

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries4 records

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 Codec Security Ventures