Safestate Group AB (publ)

Safestate Group AB (publ)

NNGM:STATE
18.90
SEK
-0.60
(-3.08%)
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Capital Structure

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Quarterly Dividends Per Share

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Company Description

CEO
Daan Donders
Full Time Employees
8
Sector
Technology services
Industry
Information technology services
Address
Stockholm Sweden
IPO Date
Sep 20, 2016
Business
Eye World AB (publ) (EOID.ST), formerly Eyeon Group AB and Eyeonid Group AB, develops and provides software-as-a-service (SaaS) solutions focused on cybersecurity, identity protection, privacy services, and artificial intelligence-based data analysis. The company offers a comprehensive portfolio of 13 products through its Eye.World platform and AppStore, including Dark Web Monitoring; Phishing Test; Website Vulnerability Scan; Virtual Private Network (VPN); Cyber Insurance; Cyber Support and Learning; EyeonID API; EyeonID Portal; Enterprise solutions; Domain Checker; General description services; identity theft protection; and proactive monitoring against forgery and digital intrusions. These solutions target the business-to-business (B2B) market, serving industries such as banking and finance, insurance, telecommunications, hosting, retail, fintech, and small-to-medium enterprises (SMEs), with primary operations in Europe and expansion into the US and UK. Founded in 2015 and headquartered in Stockholm, Sweden, with a sales office in Dubai, the company operates in a global market, enabling partners to integrate and bundle its proprietary, self-developed technologies into their offerings for enhanced revenue streams and customer safety. Eye World AB maintains a focus on proactive internet surveillance, data collection, analysis, and deviation detection across vast datasets to deliver warnings and actionable recommendations. Recent strategic developments include the completion of the acquisition of SafeState AB in April 2025, integrating advanced IT security solutions and adding expertise in counterterrorism-derived technologies while launching the unified Eye.World brand identity; a name change to Eye World AB approved at the 2025 Annual General Meeting in June 2025; an expanded partnership agreement in June 2025 with one of its largest resellers for Dark Web Monitoring, targeting millions of end customers and supporting a goal of 100 MSEK in annual recurring revenue (ARR); launches with a Nordic telecom operator (Talkmore) and a fintech company in the US/UK in early 2025; and a strategic partnership with Point Wild announced in February 2025 to broaden cybersecurity reach. These moves, including leadership enhancements with Mattias Kaneteg as Chairman, position the company for accelerated international growth and a target EUR 10 million ARR in 2025.