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Seculetter

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Cybersecurity platform offering real-time malware detection and threat prevention for email, files, and cloud environments

Seongnam-si, South KoreaFounded 2015Cybersecurity
Valuation $44M Market cap · 2025
Revenue $980K Latest reported FY

About Seculetter

SecuLetter is a South Korean cybersecurity firm established in September 2015 by CEO Chasung Lim. Before founding the company, Lim spent over seven years as a cybersecurity analyst where he experienced firsthand the limitations of conventional security solutions in handling the sheer volume of daily malware threats. This experience motivated him to develop an automated, analyst-level security solution, leading to the creation of SecuLetter. The company focuses on detecting and blocking malicious code in non-executable files, a growing vector for cyberattacks that traditional signature and behavior-based systems often miss.

The firm operates on a B2B model, serving clients primarily in security-critical sectors like government, finance, and critical infrastructure. Its customer base includes major Korean institutions such as KEPCO E&C, BNK Busan Bank, and the Korea Internet & Security Agency (KISA). Revenue is generated through the sale of its security products, which can be deployed on-premise or accessed as a cloud-based subscription service. SecuLetter has pursued global expansion, establishing a presence in the Middle East, particularly Saudi Arabia, and is targeting markets in Southeast Asia.

SecuLetter's core technology is its patented automated reverse-engineering diagnostic, which analyzes files at the assembly level. This allows for the rapid detection of zero-day attacks and other advanced threats hidden in documents like MS Office, PDF, and image files, without needing to execute them in a sandbox environment. The company claims its process is significantly faster than behavior-based solutions. Its main products include 'SecuLetter Email Security' (SLE) for blocking email-based threats, 'SecuLetter File Security' (SLF) for protecting internal networks and web servers, and 'SecuLetter Cloud Security' which enhances Microsoft 365 protection. The company also offers Content Disarm and Reconstruction (CDR) technology, which removes potential threats from documents and reconstructs them as clean files.

The company has achieved significant milestones, including securing Series B funding totaling over $9 million from investors like Riyadh Valley Company and KDB Bank. In August 2023, SecuLetter was listed on the KOSDAQ stock exchange. It has also received multiple certifications and awards for its technology.

Source: Dealroom company data

At a glance

Status
Listed
Founded
2015
Headquarters
Seongnam-si, South Korea
Listing
IPO 2023
Employees
17
Open positions
None listed
Dealroom signal
73.1/100
Industry
Security
Sub-industry
Cloud & Infrastructure
Sector
Cybersecurity
Client focus
b2b

Funding history

5 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
POST IPO EQUITYOther financing May 2026 $1.7M — Daeah Investment ↗
GROWTH EQUITY NON VCOther financing Feb 2026 $2.5M — Undisclosed ↗
Showing the latest 2 of 5 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowthEBITDAMargin
2026 $980K 0% −$3.2M -327.9%
2025 $980K -17.2% −$3.2M -327.9%
2024 $1.2M -35% −$7.4M -626.2%
2023 $1.8M -14.5% −$4.4M -241.5%
2022 $2.1M +103.4% −$4.5M -209.6%
2021 $1M +5.2% −$2.9M -276.3%
2020 $996K — −$3.9M -396.3%
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Growth signals

Seculetter website traffic

Latest recorded traffic for Seculetter is 5.1K monthly website visits, up 10.9% over the last three months. Seculetter's team grew 0% over the past year.

Latest monthly visits5.1K 3-month web change+10.9% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

Company identity and context are open; selected comparison metrics preview what is available on the platform.

Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

6 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Series A4 investors entered at this stage

  • Korea Development Bank
  • Riyadh Valley Company
  • Korea Investment Partners
  • UTC Investment

Series B and later1 investor entered at this stage

  • Daeah Investment

Other known investors1 additional known investor

  • IMM Investment
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇰🇷 South Korea100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Seculetter 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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