FAILDEX失樂園
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BoxyHQ

The business, the turning points, and the decisions behind them.

Founded2021
Event year2025
FundingUS$2.5M
Some sections are still being researched2 / 4

Sections to complete:02 · 05

01 / WHAT IT BUILT

What the company did

BoxyHQ was a London-based cybersecurity startup founded in August 2021 by Carlos Samame and Deepak Prabhakara (the former CTO of Red Sift). It built open-source 'security building blocks' for developers: low-code APIs for SAML single sign-on, directory sync, audit logs, privacy vaults and, later, an LLM vault for protecting data in AI interactions. The pitch was to let B2B SaaS companies add enterprise-grade compliance and security features in days instead of weeks, so developers could focus on their core product. Customers included Cal.com, Dub and Supademo. The company raised $2.5 million from MMC Ventures, Nauta Capital, OSS Capital, Trust Valley and Wayra, and was acquired by Ory Corp. on May 29, 2025.

02 / FAILURE REASONS

Pending assessment

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03 / EVENT HISTORY

Events in the structured record

  1. Founded in London

    Carlos Samame and Deepak Prabhakara founded BoxyHQ, an open-source platform for developer security building blocks such as SAML SSO and audit logs.

  2. Early traction

    The company deployed its solution with its first customers and raised $2.5 million from MMC Ventures, Nauta Capital, OSS Capital, Trust Valley and Wayra.

  3. Acquired by Ory

    Ory Corp. acquired BoxyHQ on May 29, 2025; the BoxyHQ team joined Ory and its co-founder and CEO became Ory's Head of Enterprise Integrations.

04 / CONTEMPORARY REBUILD ASSESSMENT

Difficulty of rebuilding this project today

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Rebuild difficultyPending assessmentNot completed
Scoring basisNot completed
ScalabilityPending assessmentNot completed
Scoring basisNot completed

Overall assessment: Not completed

05 / CAUSAL CHAIN / AFTERMATH

Pending assessment

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