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Build38
AI-based mobile application protection and management platform
About Build38
Build38 offers a mobile application security platform that integrates AI-powered threat intelligence with robust app-shielding technology to protect applications from known and unknown attacks. The company was established in 2018 as a spin-off from Giesecke+Devrient. The name Build38 reflects the concept of security being "built" into apps and the founding team of 8 individuals across 3 countries. It was founded by a team of cybersecurity and software security experts, including Dr. Christian Schläger (CEO), Pedro Hernández (CRO), Joaquín Fernández (COO), Marc Obrador (CTO), and Torsten Leibner (VP Markets & Regulation). Schläger has a background in information security, holding key roles at Giesecke+Devrient, Allianz Group, Swiss Life, and Ernst & Young before co-founding Build38.
Headquartered in Munich, Germany, with additional offices in Barcelona, Spain, and Singapore, Build38 provides its security solutions to a global market. The company's business model is centered on its subscription-based Software-as-a-Service (SaaS) platform, with contract values ranging from €20,000 to €500,000. In January 2026, it was announced that OneSpan entered into a definitive agreement to acquire Build38. Prior to the acquisition agreement, Build38 had raised over €16 million in funding through multiple rounds, with key investors including Tikehau Capital, eCAPITAL Entrepreneurial Partners, Caixa Capital Risc, and Giesecke+Devrient Ventures.
The core of Build38’s offering is the Trusted Application Kit (T.A.K.), a software development kit (SDK) designed to be integrated into Android and iOS mobile apps during the development phase. The platform operates on a multi-layered security framework that provides in-app self-protection, AI-driven active hardening, and cloud-based threat intelligence. Key features include protection against debugging, rooting/jailbreaking, app cloning, code tampering, and man-in-the-middle attacks. The platform also offers a centralized dashboard called ThreatBoard for real-time monitoring, threat visualization, and granular log filtering. Build38 serves a diverse client base across industries such as banking, automotive, digital identity, public transportation, and healthcare, helping them comply with regulations like PCI, eIDAS, and GDPR. Clients include major organizations like a top-ten global bank, Verimi, Netcetera, and Chang'an Auto.
Source: Dealroom company dataAt a glance
- Status
- Acquired
- Founded
- 2018
- Headquarters
- Munich, Germany
- Employees
- 44
- Open positions
- None listed
- Dealroom signal
- 61.3/100
- Industry
- Security
- Sub-industry
- Data protection
- Sector
- Cloud Security, Mobile Commerce, Mobile Application Security, Digital Identity, Anti-Fraud, Cybersecurity, Automotive Cybersecurity, Identity Validation, Industrial Cybersecurity
- Technology
- Mobile app
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| ACQUISITION✓Exit | Jan 2026 | $0 | — | Onespan | ↗ |
| SUPPORT PROGRAM✓Other financing | Feb 2025 | $0 | — | AWS & CrowdStrike Cybersecurity Accelerator | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Build38 is 6.3K monthly website visits, up 90.9% over the last three months. Build38's team declined 20% over the past year.
Similar companies
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Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed2 investors entered at this stage
Giesecke+Devrient
Giesecke+Devrient Ventures
Series A3 investors entered at this stage
Criteria Venture Tech
eCAPITAL
Tikehau Capital
Other known investors9 additional known investors
- AAAWS & CrowdStrike Cybersecurity Accelerator
Google for Startups Accelerator
Onespan
Caixa Capital Risc
German Accelerator
Google for Startups Growth Academy: Cybersecurity (Europe)
InsurTech Hub Munich
Tikehau Ace Capital
WERK1
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Build38 on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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