
Safeplus4
Helps healthcare professionals and clinics with personalized platform that combines intelligent checklists, integrated reporting and real-time analytics.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
investor investor investor | €0.0 | round | |
€650k | Seed | ||
Total Funding | 000k |
EUR | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|---|---|
Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% growth | 297 % | 87 % | - | (54 %) | (16 %) | (80 %) | 271 % |
EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
% profit margin | (387 %) | (212 %) | (255 %) | (471 %) | (608 %) | (3882 %) | (244 %) |
EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
R&D % of revenue | 87 % | 140 % | 93 % | - | - | - | - |
Source: Company filings or news article
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Megical Oy, operating under the business name hightrust.id, is a Finnish software company established in 2011. The company was founded to meet the secure mobile access needs of the public healthcare sector, initially focusing on solutions using NFC interfaces to replace separate card readers. The firm is led by CEO Mika Pyyhtiä.
The company's core offering is the hightrust.id digital wallet, a mobile application that provides high-assurance digital identity and electronic signature services. It allows users to transfer digital certificates from official ID cards, such as those issued by the police or other organizations, onto their smartphone. This enables strong authentication and legally binding electronic signatures directly from a mobile device using biometrics or a passcode. The service complies with the EU's eIDAS regulation, meeting the requirements for the high Level of Assurance (LoA High). This compliance was assessed by KPMG, and the service is listed in the National Cyber Security Centre Finland's register of identification services.
hightrust.id primarily serves clients in sectors requiring robust identity verification, including public authorities, healthcare, and companies that handle legal agreements like rental contracts or bills of sale. For instance, over 10,000 Finnish healthcare professionals currently use the service for secure, passwordless authentication. The business model appears to be based on providing these identification and digital signature solutions to organizations, which in turn offers a more efficient and secure way for their employees and customers to interact with digital services. The company emphasizes providing qualified electronic signatures (QES), which have the same legal standing as handwritten signatures within the EU. Ownership is divided between Ilmarinen (10%), a group of Finnish business angels (40%), and the company's key employees (50%).
Keywords: digital identity, electronic signature, eID, strong authentication, qualified electronic signature, eIDAS, passwordless authentication, digital wallet, mobile identification, NFC, identity verification, cybersecurity, Finnish technology, healthcare IT, secure mobile access, Suomi.fi, high assurance identity, public sector security, compliance, identity and access management