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Malloc Inc

Malloc Inc logo

Malloc Inc

We protect your phone from spyware and hacking attempts.

mallocprivacy.com
HQ: Nicosia, Nicosia, Cyprus
1-10
Industrials

Company research

Public company, workplace, funding, and market signals

Updated Jul 29, 2026

Overview

Malloc is a Cyprus-based, AI-driven mobile cybersecurity company focused on privacy, spyware detection, and secure communications. Its main consumer product is the Malloc Privacy & Security VPN/mobile security app, and it also sells an SDK and business/government offerings. Public sources vary on employee count and early founding history, but official materials and YC place the company in 2021 with headquarters in Nicosia, Cyprus.

Primary product

Malloc Privacy & Security VPN / Malloc Mobile Security app (plus Malloc SDK for app protection)

Founded

2021

Headquarters

Nicosia, Cyprus

Team size

1-10

Industry

Data Security Software Products

Sub-industry

Mobile cybersecurity / spyware detection / privacy VPN

Offices

Floor 1, Flat 103, 7 Stasandrou, Nicosia 1060, Cyprus
United States (presence via parent company / incorporation)

Business model

Consumer subscription app
Enterprise security SDK
Government / dual-use security sales

Funding

Stage

Seed

Total raised

$1.9M

Latest round

Seed · Sep 2021

Latest amount

$1.8M

Non-equity assistance

Mar 2024 · Google for Startups

Seed

Sep 2021 · Y Combinator

$1.8M

Grant

Nov 2020 · Cyprus Research Innovation Foundation (RIF)

$116.4K

People & investors

Leadership

Dr. Maria Terzi

Co-Founder & CEO

Dr. Liza Charalambous

Co-Founder & CTO

Dr. Artemis Kontou

Co-Founder & COO

Investors

Cyprus Research Innovation Foundation
Dragon Capital (California)
Emmeline Ventures
Google Accelerator
IDEA Innovation Center
Urban Innovation Fund
Visa Innovation Program
Y Combinator

Work & culture

Mission-driven and privacy-first, with an emphasis on ethical AI, digital rights, and European privacy standards. Public content frames the company as building trustworthy technology without compromising user privacy.

Compensation

No public compensation bands or salary ranges were found. The careers page currently shows no open positions.

Product & market

Pricing

Consumer subscription app; public blog posts referenced a $20/year plan in 2024 with later premium pricing changes, plus separate enterprise/SDK sales and pilots.

Differentiators

  • —On-device spyware detection without sending user traffic to the cloud
  • —Privacy-preserving no-log design
  • —App monitoring with domain-level transparency
  • —Blocks spyware, phishing, trackers, ads, and malicious apps
  • —Cross-platform iOS and Android coverage
  • —Enterprise and government-targeted offerings alongside consumer app
  • —Security certifications and compliance claims (MASA L2, ISO 27001, GDPR)

Technology

On-device AI / machine learning
On-device VPN
Spyware and threat detection
App traffic and domain monitoring
Permission monitoring
Camera/microphone monitoring
Root/jailbreak detection
Post-quantum / stealth proxy networking
WireGuard-related research
Xray VLESS + Reality stack
MASA Level 2 certification
ISO/IEC 27001:2022
GDPR-aligned processing
Android app
iOS app
SDK tooling

Customers

Individuals
Enterprises
Government agencies
Mobile app developers using the SDK

Competitors

NordVPN
Proton VPN
Surfshark
Lookout
Kaspersky
Other mobile security / anti-spyware apps

Scale & contact

Estimated revenue

About $1M in estimated annual revenue / ARR (third-party estimate)

Estimated monthly visits

18.5K

Traffic estimate as of Apr 2025

support@mallocprivacy.com+357 99 342478

Latest news

Malloc selected for the European Defence Innovation Scheme (EUDIS) Business Accelerator Cohort #3

The Future Media · Jul 2026

Malloc was selected for EUDIS Cohort #3 after a record 499 applications, gaining access to an eight-month defense acceleration program and a €120,000 non-dilutive seed voucher.

Malloc LTD Selected for the Prestigious European Defence Innovation Scheme (EUDIS) Business Accelerator Cohort #3

Malloc blog / Medium · Jul 2026

Official company post announcing the EUDIS selection and describing Malloc's dual-use mobile cybersecurity mission and on-device malware/spyware blocking technology.

Malloc Privacy Weekly: June 30, 2026 edition

Malloc blog / Medium · Jun 2026

Weekly research roundup covering forensic tools, secure-backup abuse, phishing campaigns, and mobile security guidance; also mentions a new phishing protector app.

Coming This June: A Massive Upgrade to Your Malloc VPN

Malloc blog / Medium · May 2026

Describes a major network-stack upgrade to stealth-proxy routing and post-quantum encryption, and explains the company’s on-device privacy approach.

Malloc Privacy & Security: What to Expect from the New Update

Malloc blog · Aug 2024

Announces a major app update with an on-device VPN, improved spyware detection, and stronger app-data monitoring/blocking.

About usBlogCareersGoogle Play appHomepageLinkedIn companyLiza Charalambous LinkedInMaria Terzi LinkedInResearch & innovationY Combinator company page
SourcesOfficial homepageAbout usCareersResearch projectsBlogGoogle Play app listingY Combinator company pageLinkedIn company pageKIOS article on funding and foundersTechCrunch launch article

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