Yubico

Stockholm, Sweden Cybersecurity Public

Yubico is a Swedish cybersecurity company that designs and manufactures the YubiKey, a hardware authentication device that provides phishing-resistant multi-factor authentication and passwordless login. Founded in 2007 by Stina and Jakob Ehrensvard, Yubico co-created the FIDO U2F and FIDO2/WebAuthn open authentication standards and sells YubiKeys to enterprises, governments, and consumers worldwide. The company is dual-headquartered in Stockholm and Santa Clara, California, with additional offices including in Singapore, and serves customers such as Microsoft, Google, Amazon, and Salesforce.

Public Company

Yubico is publicly traded

Listed directly on December 5, 2024

YUBICO Nasdaq Stockholm

This company is no longer available on our private secondary market. Shares can be traded publicly under YUBICO.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2007

Employees

501–1,000

Total Funding

$91.5M

5 rounds

Last Private Valuation

$0.8B

September 21, 2023

Funding

Total raised $91.5M across 5 rounds

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Last updated 06-25-2026

Latest Round

Type

Reverse merger / SPAC (de-SPAC) — IPO

Date

September 21, 2023

Amount

Not disclosed

Valuation

$0.8B

Lead Investors

ACQ Bure AB
DateRoundAmount RaisedValuationLead Investors
September 21, 2023 Reverse merger / SPAC (de-SPAC) — IPO Not disclosed $0.8B ACQ Bure AB
July 2020 Venture round $32.5M $0.65B AMF
2019 Venture round $25M $0.6B Meritech Capital Partners

Funding by Round

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 2019 2020 2021 2022 2023 Yubico

Entry · Venture round

$0.6B

Jan 2019

Yubico today

$0.8B

Sep 2023 · latest mark

Yubico multiple

1.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Jerrod Chong

    President & CEO

  • Stina Ehrensvard

    Co-Founder & Chief Evangelist

  • Jakob Ehrensvard

    Co-Founder & Chief Innovation Officer

  • Snejana Koleva

    Chief Financial Officer

  • Christopher Harrell

    Chief Technology Officer

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Google Titan Security Key

    Google's hardware security key supporting FIDO U2F/FIDO2 with USB-A, USB-C and NFC variants, widely positioned as the primary lower-cost alternative to YubiKey.

  • Feitian Technologies

    Chinese maker of FIDO2/U2F hardware security keys (ePass, BioPass) competing with YubiKey on price and biometric features.

  • SoloKeys

    Open-source FIDO2 hardware security keys aimed at developers and privacy-conscious users.

  • Nitrokey

    German open-source hardware security key vendor offering FIDO2, OpenPGP and smart card functionality.

  • Thetis

    Consumer-focused FIDO2/U2F hardware security key vendor competing on price with YubiKey.

  • HID Global (Crescendo)

    Enterprise identity and access management vendor offering smart cards and FIDO authenticators that compete with YubiKey in workforce authentication.

Yubico Investment FAQ

Yubico FAQ

Yes, Yubico is publicly traded under the ticker symbol YUBICO on the Nasdaq Stockholm. The company went public in December 5, 2024.

Yubico trades under the ticker symbol YUBICO on the Nasdaq Stockholm. It began trading in December 5, 2024.

Yubico (YUBICO on the Nasdaq Stockholm) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker YUBICO to place an order.

Yubico went public in December 5, 2024 via direct_listing, with an offering valuation of approximately $0.8B. Yubico became publicly traded on September 20, 2023 via a reverse merger with Swedish SPAC ACQ Bure AB, which valued Yubico at approximately USD 800 million (SEK 8.293 billion). The combined entity assumed the Yubico name and listed on Nasdaq First North Growth Market Stockholm under the ticker YUBICO. On December 5, 2024, Yubico upgraded its listing to the Nasdaq Stockholm Main Market (Large Cap segment), trading under ticker YUBICO with ISIN SE0015657788.

Yubico raised $91.5M across 5 disclosed funding rounds prior to its public listing.

Yubico was co-founded by Stina Ehrensvard, and Jakob Ehrensvard in 2007.

Yubico is headquartered in Stockholm, Sweden.

Access live market data

Sign Up

Data collected with AI, which can make mistakes. Please double-check this information.