What is Duality?
Founded in 2016 and headquartered in Maplewood, New Jersey, Duality has established itself as a critical player in the enterprise AI and data analytics landscape. The company's flagship SecurePlus platform leverages advanced cryptographic techniques to facilitate secure analysis on encrypted data. By decoupling the analytical process from the underlying raw data, Duality empowers enterprises to unlock the value of siloed information, effectively bridging the gap between stringent data governance requirements and the necessity for high-performance machine learning and collaborative research.
How much funding has Duality raised?
Duality has raised a total of $56M across 4 funding rounds:
Unspecified
$4M
Series A
$16M
Series B
$30M
Unspecified
$6M
Unspecified (2018): $4M with participation from Team8
Series A (2019): $16M led by Hearst Ventures, Team8, and Intel Capital
Series B (2021): $30M supported by NAventures, Euclidean Capital, and LG Technology Ventures
Unspecified (2024): $6M featuring Advanced Research Projects Agency for Health
Key Investors in Duality
Hearst Ventures
A global diversified media and information services firm that invests in technology-enabled services and data analytics companies to support business innovation.
Team8
A specialized company-building venture group with deep expertise in cybersecurity, AI, and enterprise technology, founded by former leaders of Israel's elite Unit 8200.
Intel Capital
The venture capital division of Intel, focusing on high-growth startups in artificial intelligence, cloud computing, and next-generation data center technologies.
What's next for Duality?
With this recent capital injection, Duality is well-positioned to scale its operations and deepen its penetration into highly regulated industries such as healthcare, finance, and government. The strategic focus will likely center on expanding the interoperability of the SecurePlus platform and enhancing its computational efficiency for large-scale AI workloads. As the global regulatory environment continues to tighten around data sovereignty and privacy, Duality's ability to provide a secure, compliant framework for data-driven decision-making positions it as a foundational technology provider for the next generation of enterprise intelligence.
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