Asper, the largest Brazilian cybersecurity company, continues with its strategy of exponential growth, reaching R$ 500 million in revenue in 2024. Since 2021, when it achieved revenue of R$ 60 million, the company has shown solid year-on-year growth, demonstrating its strong performance and well-built business model. By reaching this milestone, Asper positions itself as the largest pure player in the Brazilian cybersecurity market.
With the initial goal of surpassing R$ 500 million in revenue by 2025, Asper advanced its business plan by one year. Currently, the company holds 5% of the market share nationwide but aims to increase its presence to 10% in the next two years. “Our business plan was to achieve 5% of the national market share by the end of 2025. We managed to accomplish this a year earlier. We believe that through organic growth, we can reach at least 10% market share in Brazil,” explains Arthur Gonçalves, founder and CEO of Asper.
As a strategy, pure player focuses on sector diversification. Currently, a significant portion of its revenue comes from leading clients in markets such as finance, healthcare, telecommunications, insurance, retail, and food services. “Our revenue remains diversified across various economic sectors, always with large clients. In 2024, more than half of our revenue came from private clients, with significant representation from the financial and insurance sectors,” adds the CEO.
Parallel to its financial growth, Asper also expanded its operations in 2024. The Asper Security Operations Center, now the largest SOC structure in Latin America, monitored 1.53 trillion events throughout the year. This is due to the high volume of data flowing through the company’s infrastructure, responsible for monitoring and protecting some of Brazil’s top financial organizations.
To handle this demand, Asper has about 70% of its team composed of cybersecurity specialists. According to the company’s CEO, the qualification of its professionals has always been a priority, with investments in certifications and continuous training. “Our differentiator is bringing a solid offering of managed services to the market. Instead of acting as a reseller for big tech companies, we are experts in technologies, and thus we offer our clients continuous cybersecurity services with high added value.”
Leadership in cybersecurity operations
In 2024, Asper strengthened its global presence with the inauguration of its first office in the United States, a market that already represents between 3.5% and 4% of its revenue. Located in the Rockefeller Center in New York, the facility serves as an advanced outpost for Asper’s operations, with a team composed of local professionals to serve the ten clients already acquired in the country.
The U.S. operation reflects the company’s strategic vision of integrating markets while maintaining the excellence that has made it one of the top five independent cybersecurity companies in Latin America. “Asper is now a multinational company, with technology partnerships and global clients. We are connected to the most innovative and competitive market in the world, allowing us to anticipate trends and protect our clients’ digital assets with a service level far beyond national competitors,” concludes Gonçalves.
The forecast for the coming years is to continue with 100% organic growth and to further expand in the North American market. For 2025, the company aims to increase its revenue in the U.S. from US$ 3 million to US$ 15 million, also by growing its team and client portfolio.