Smart Lab

What Smart Lab does

Smart Lab is a Ukrainian cybersecurity company founded on October 3, 2023, in Dolyna (Ivano-Frankivsk region), specializing in hardware-based authentication and qualified electronic signatures (QES/КЕП). The company employs five engineers with backgrounds in certified secure product development and operates under a license from the Administration of the State Service of Special Communications and Information Protection of Ukraine for cryptographic information protection activities.

Its core product line is the CYBKEY family of hardware security tokens, built on NXP P71D600 secure microprocessors running JCOP 4.5 OS (Common Criteria EAL 6+). The portfolio includes CybKey Base (a locally certified secure signature creation device for QES), CybKey Pro (combining QES and FIDO2 authentication), and CybKey Enterprise (FIDO2 CTAP2.1-certified for Microsoft Entra ID). Devices support both Ukrainian DSTU cryptographic standards and international ECDSA, with optional biometric fingerprint authentication. The company also resells CyberJack RFID smart card readers certified by the German BSI under TR-03119.

Smart Lab generates revenue through direct hardware sales of tokens and readers, supplemented by professional services for security assessment, FIDO2 implementation, and integration with enterprise systems (Microsoft Entra ID, Google Workspace, GitHub, GitLab, VPN, Windows, Linux). The go-to-market is sales-led and consultation-based, targeting Ukrainian enterprises, government institutions, financial services, IT companies, and remote-workforce organizations. Pricing is not publicly disclosed; engagements are structured as multi-year custom contracts. The company distributes through its own website, a Ukrainian channel partner (Сайфер/Cipher), and strategic partners including TOPPAN Security (global) and SPEAR Innovation (Europe).

Name

Smart Lab

Legal name

Smart Lab

Website

https://sm4rt-lab.tech

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

1–10 employees

Short description

Smart Lab is a Ukrainian cybersecurity company that develops and sells CYBKEY hardware security tokens for FIDO2 phishing-resistant authentication and qualified electronic signatures (QES/КЕП), serving enterprises, government, financial institutions, and IT firms primarily in Ukraine and Europe.

Ownership category

akta.pro rank

Product category

Cybersecurity Hardware

NAICS

Security Systems Services (56162)

SIC

Computer Peripheral Equipment, Nec (3577)

akta.pro primary industry

Secure ICs, Smart Cards & Trusted Hardware (HDAHAAAJ)

akta.pro secondary industries

Card Readers & Authentication Tokens (Smart Card, NFC, OTP Keys) (HDACAFAK), Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE), Secure Elements & Trusted Execution Processors (TPM/TEE/Crypto MCUs) (HDAHAJAK), Device Identity & Certificate-Based Authentication (PKI) (BPAMAEAL)

Keywords

• Hardware security tokens
• FIDO2 authentication
• Qualified electronic signatures
• Phishing-resistant authentication
• Smart card readers

Headquarters

HQ city

Dolyna

HQ country

Ukraine

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hardware Security Tokens: Sale of CYBKEY hardware devices (smart cards and USB tokens) for electronic signatures and FIDO2 authentication. Devices are sold directly to businesses and government organizations requiring secure credential storage and multi-factor authentication.
2. Security Consulting and Implementation Services: Consulting services for security assessment, authentication architecture design, FIDO2 implementation, and integration with corporate systems such as Microsoft Entra ID, VPN solutions, and internal web applications.
3. Smart Card Readers: Sale of CyberJack RFID smart card readers for use with CYBKEY smart cards and NFC authentication.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Smart Lab designs, manufactures, and sells CYBKEY hardware security tokens and CyberJack RFID smart card readers. Its devices deliver FIDO2 phishing-resistant multi-factor authentication, Qualified Electronic Signatures (QES), and support both Ukrainian DSTU and international ECDSA cryptographic standards. The products are sold to Ukrainian and European enterprises, government agencies, financial institutions, and IT companies.

Product overview

Smart Lab is a Ukrainian cybersecurity company offering a portfolio of hardware and software cryptographic security solutions. The product line centers on the CYBKEY brand of hardware authenticators and secure signature devices, available in three tiers: CybKey Base (electronic signature only), CybKey Pro (signature plus FIDO2 authentication), and CybKey Enterprise (FIDO2 authentication). These are complemented by the CyberJack RFID smart card reader. The solutions are built on NXP secure microprocessor technology with JCOP 4.5 OS and provide phishing-resistant FIDO2 authentication alongside qualified electronic signature capabilities, targeting businesses requiring secure digital identity, document signing, and multi-factor authentication.

Differentiator

Problem solved

Functional benefit

Brands

• CYBKEY: Hardware security tokens for qualified electronic signatures and FIDO2 authentication, including CybKey Base (certified electronic signature device), CybKey Pro (combination of QES and FIDO authenticator), and CybKey Enterprise (FIDO certified remote authentication for enterprise).
• CyberJack RFID

Products and services

• CybKey Base CybKey Base is a Secure Signature Creation Device (SSCD) hardware token that generates Qualified Electronic Signatures (QES) for individuals and organizations that need legally binding digital signatures compliant with Ukrainian DSTU and international ECDSA standards.
• CybKey Pro CybKey Pro is a combined SSCD and FIDO2 authenticator hardware token that delivers both Qualified Electronic Signatures and phishing-resistant FIDO2 multi-factor authentication in a single device, with private keys generated and stored inside a Common Criteria EAL 6+ certified secure element.
• CybKey Enterprise CybKey Enterprise is a FIDO-certified hardware token designed for remote authentication and integration with Microsoft Entra ID, enabling phishing-resistant passwordless MFA for distributed workforces.
• CyberJack RFID CyberJack RFID is a contact and contactless smart card reader used together with CYBKEY tokens and other smart cards to enable secure authentication and digital signing workflows on standard computing devices.

Quantifiable outcome

• Private signing keys never leave the protected cryptographic chip, preventing extraction even if the computer is infected with malware
• +2 more outcomes

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration8 records

Feature4 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Сайфер (Cipher)minorChannel Partner/ Reseller/ DistributorUkrainian cybersecurity solutions distributor and integrator representing Smart Lab products in the local market.
• SPEAR InnovationminorStrategic or Co-development PartnerFinnish innovation company specializing in authentication and security solutions. Potential co-development partner for European market expansion.
• TOPPAN SecuritycoreStrategic or Co-development PartnerJapanese security solutions company and one of the world's leading printing and security technology organizations. Strategic partnership for security token development and distribution, leveraging TOPPAN's global presence and expertise in secure document solutions.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Yubico: Yubico is the global market leader in FIDO2 hardware security keys (YubiKey series) and the most direct competitor to CYBKEY Enterprise. Both companies sell phishing-resistant FIDO2/CTAP2 hardware tokens targeting enterprise and developer customers with Microsoft Entra ID compatibility.
• Token2: Token2 is a Swiss-based maker of FIDO2 hardware security keys and programmable tokens with strong European market presence. Comparable to Smart Lab in offering compact FIDO2 tokens and passwordless authentication solutions for enterprise and developer use cases.
• Feitian Technologies: Feitian is one of the largest Chinese-origin manufacturers of FIDO2 hardware security keys, smart card readers, and PKI tokens. Comparable to Smart Lab in offering both FIDO2 authenticators and smart card form factors (K9, K10, K11 series), serving enterprise and government customers globally.
• Identiv: Identiv specializes in secure authentication, smart card readers, and PKI credentials, including FIDO2/U2F tokens and NFC readers. Directly comparable to Smart Lab in targeting enterprise and government customers with combined physical and logical access solutions.

Emerging players

• OnlyKey: OnlyKey is a smaller US-based maker of multi-factor hardware security keys supporting FIDO2, password management, and encrypted storage on a single device. Comparable niche player targeting privacy-focused and developer customers with bundled authentication functionality similar to CYBKEY Pro.
• AuthenTrend: AuthenTrend is an emerging FIDO2 hardware token maker offering biometric and fingerprint-enabled security keys. Comparable to Smart Lab's biometric CYBKEY models in targeting passwordless authentication with on-device biometric verification.

Others

• NXP Semiconductors: NXP is the supplier of the P71D600 secure microcontroller and JCOP operating system platform on which CYBKEY is built. While NXP does not sell competing end-user tokens at the same level, it is the upstream technology enabler and is highly relevant as a supply-chain dependency for Smart Lab.

Broad incumbents

• Thales (Digital Identity & Security): Thales (formerly Gemalto) is a global incumbent in digital identity, secure elements, PKI, and qualified electronic signatures. It sells smart cards, hardware security modules, and authentication solutions to governments, banks, and enterprises at massive scale, with overlapping capability in QES and FIDO authentication that competes with CYBKEY.
• HID Global: HID Global is a leading provider of secure identity solutions including smart card readers, PKI credentials, and authentication tokens. The CyberJack RFID smart card reader carried by Smart Lab is itself sourced from the HID/Reiner SCT ecosystem, and HID offers competing FIDO2 tokens and credential management solutions to enterprise and government markets.
• Google (Titan Security Key): Google Titan Security Keys are FIDO2 hardware tokens sold by Google for Google Workspace and personal account protection. While a broader incumbent rather than a focused token maker, Titan directly competes for the same FIDO2 hardware authentication budget at enterprise and consumer levels.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• GitHubgithub.com/sm4rtlab
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/pe-smart-lab

Compliance8 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 Smart Lab