What is Enveil?
Enveil is at the forefront of the Privacy Enhancing Technology (PET) sector, offering business-enabling solutions that transform how organizations leverage sensitive data. Their award-winning ZeroReveal® technology allows for secure data usage, collaboration, and monetization without compromising data security or revealing the nature of the queries. Founded by alumni of the U.S. Intelligence Community, Enveil's solutions are designed to extract insights and analyze data at scale, revolutionizing data utilization across global markets. The company's focus on protecting data while it is being processed addresses a critical need for secure, insight-driven data strategies.
How much funding has Enveil raised?
Enveil has raised a total of $35M across 2 funding rounds:
Series A
$10M
Series B
$25M
Series A (2020): $10M with participation from Bloomberg, C5 Capital, 1843 Capital, Mastercard, and Capital One Ventures
Series B (2022): $25M led by In-Q-Tel, DataTribe, Bloomberg Beta, C5 Capital, Cyber Mentor Fund, GC&H, USAA, Mastercard, and Capital One Ventures
Key Investors in Enveil
Bloomberg
Bloomberg is a global business news and information organization that provides data and insights to business leaders. Their involvement suggests an interest in the financial and market implications of Enveil's technology.
C5 Capital
C5 Capital is an investment firm specializing in fostering a secure digital future, with a focus on cybersecurity and digital resilience. Their investment aligns with Enveil's core mission of data protection.
1843 Capital
1843 Capital is a venture capital firm with a focus on early-stage investments in AgeTech, Longevity, FinTech, and Cybersecurity. Their participation highlights Enveil's potential across various data-sensitive industries.
What's next for Enveil?
With a significant infusion of capital, Enveil is poised for accelerated growth and market expansion. The recent major strategic investment, following its Series A and Series B funding rounds, indicates a maturing company ready to scale its operations and further develop its ZeroReveal® platform. This backing will likely fuel advancements in PET research and development, enhance go-to-market strategies, and solidify Enveil's position as a key player in the data security and privacy landscape. The company's trajectory suggests a focus on enterprise adoption and strategic partnerships to broaden the application of its secure data collaboration technologies.
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