What is Evervault?
Evervault operates at the intersection of cybersecurity and software development, providing a robust infrastructure layer that enables businesses to encrypt data at the source. By ensuring that sensitive information never exists in plaintext within customer systems, the firm effectively abstracts the complexity of compliance and data protection. This approach allows developers to integrate high-level security protocols without disrupting existing workflows, positioning Evervault as an essential utility for enterprises navigating increasingly stringent global data privacy regulations.
How much funding has Evervault raised?
Evervault has raised a total of $44.2M across 3 funding rounds:
Angel/Seed
$3.2M
Series A
$16M
Series B
$25M
Angel/Seed (2019): $3.2M with participation from Kleiner Perkins, Fronline, SV Angel, and Steamboat Ventures
Series A (2020): $16M led by Kleiner Perkins Caufield & Byers, Frontline Ventures, Index Ventures LLP, and Sequoia Capital companies
Series B (2026): $25M supported by Kleiner Perkins, Operator Partners, Index Ventures, Ribbit Capital, and Sequoia Capital
Key Investors in Evervault
Kleiner Perkins
Kleiner Perkins is a Menlo Park-based venture capital firm that invests in early and growth-stage technology and life-science companies, providing operational support from seed through IPO.
Index Ventures
Index Ventures is a global venture firm that partners with entrepreneurs building enduring companies, with a track record of backing industry-defining businesses from seed to IPO.
Sequoia Capital
Sequoia Capital is a premier venture firm known for its long-term partnership with founders, having played a pivotal role in the growth of global market leaders across multiple technology sectors.
What's next for Evervault?
With the successful closure of its latest financing round, Evervault is well-positioned to accelerate its product roadmap and expand its footprint in the enterprise security market. The company is expected to leverage this capital to scale its engineering teams and enhance its suite of encryption-as-a-service offerings. As organizations continue to prioritize data sovereignty and secure cloud-native architectures, Evervault's focus on seamless, developer-first security tools will likely drive further adoption across diverse sectors, from fintech to healthcare, as it matures into a foundational component of the global internet infrastructure.
See full Evervault company page
