Safetrust secures strategic investment from dormakaba

FREMONT, Calif. — Secure identity solutions provider Safetrust announced that it has received a strategic investment from dormakaba, a global access solutions provider.

Safetrust said that it continues to outpace security industry growth by supporting some of the world’s largest organizations, and with that collaboration expands the market reach of its access and identity solutions while accelerating progress in post-quantum-ready (PQR) security.

The company notes that it transforms security intelligence by combining neuroscience with hard-to-mine data, providing actionable insights into identity interactions. Whether verifying a forklift operator in a distribution warehouse, granting a medical professional access to a drug cabinet, or protecting digital assets, Safetrust offers organizations a unified, data-driven approach to security using its network of cloud-connected sensors.

"Safetrust bridges the connection between people, things, and the resources they interact with, empowering customers to enhance safety and operational efficiencies—solving today’s security challenges while preparing for the digital world of tomorrow," said Jason Hart, CEO of Safetrust. "By combining dormakaba’s expertise in smart, sustainable access solutions with Safetrust’s global ecosystem of identity and workplace insights, we drive a shared vision for secure access.”

“We are extremely impressed by the development of Safetrust over the past years and are delighted to partner with the company in the future,” said Till Reuter, CEO of dormakaba. “This investment aligns with our strategy and strengthens our position as a leading access solutions provider in the North American market.”

Imperial Capital served as Safetrust’s exclusive financial advisor for the transaction. John Mack III, EVP & Co-Head of Investment Banking at Imperial Capital, stated, "This investment represents a significant opportunity for both companies to leverage their respective strengths and drive innovation in the rapidly evolving identity security landscape."

Safetrust and dormakaba will be attending ISC West in Las Vegas, NV, April 1-3, 2025.