What is Enveil?
Enveil is a pioneering technology firm that has redefined the paradigm of data security by enabling organizations to process, analyze, and monetize data without ever exposing the underlying content. By defining the transformative category of Privacy Enhancing Technologies (PETs), the company provides businesses with the ability to extract actionable insights while maintaining strict data ownership and compliance standards.
The firm's flagship ZeroReveal solutions allow for secure data usage, collaboration, and cross-matching at scale. Founded by alumni of the U.S. Intelligence Community, Enveil addresses the critical market need for secure computation in an era of increasing data breaches and stringent regulatory requirements. Its operational deployment across global markets demonstrates its efficacy in protecting sensitive information during the entire data lifecycle, from search to analysis.
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 C5 Capital, Mastercard, 1843 Capital, Capital One Ventures, and Bloomberg
Series B (2022): $25M led by C5 Capital, USAA, Mastercard, Bloomberg Beta, GC&H, DataTribe, In-Q-Tel, Capital One Ventures, and Cyber Mentor Fund
Key Investors in Enveil
C5 Capital
C5 Capital is an investment firm focused on fostering a secure digital future by nurturing innovative solutions within the cybersecurity and digital resilience landscape.
Mastercard
Mastercard is a global technology company in the payments industry that provides integrated value-added offerings, including cyber and intelligence products, to ensure safety and security for the global payments system.
In-Q-Tel
In-Q-Tel is a not-for-profit strategic investment firm acting as the U.S. national security community's venture arm, identifying and investing in early-stage commercial technology companies to deliver critical capabilities.
What's next for Enveil?
With the support of its latest strategic financing, Enveil is poised to deepen its market penetration and enhance its technological capabilities. The company is expected to focus on scaling its ZeroReveal platform to meet the growing demand for privacy-preserving analytics in highly regulated industries such as finance, healthcare, and government.
Strategic priorities likely include the expansion of its partner ecosystem and the continued refinement of its secure processing algorithms. As organizations increasingly prioritize data sovereignty and secure collaboration, Enveil is well-positioned to lead the transition toward a more secure, privacy-first digital economy, leveraging its unique position as a World Economic Forum Technology Pioneer to influence global standards in data usage.
