What is Evervault?
Evervault operates at the intersection of cybersecurity and developer productivity, providing a robust infrastructure layer that enables organizations to encrypt data at the source. By ensuring that sensitive information—such as payment details and personal identifiers—never exists in plaintext within customer systems, Evervault effectively mitigates the risks associated with data breaches and regulatory non-compliance. The company's developer-centric approach allows engineering teams to integrate sophisticated encryption protocols seamlessly into their existing workflows, thereby reducing the friction typically associated with high-security implementations. This unique value proposition has positioned Evervault as an essential partner for enterprises navigating increasingly complex digital environments where data privacy is a paramount concern.
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, Steamboat Ventures, and SV Angel
Series A (2020): $16M led by Sequoia Capital companies, Index Ventures LLP, Frontline Ventures, and Kleiner Perkins Caufield & Byers
Series B (2026): $25M supported by Operator Partners, Sequoia Capital, Index Ventures, Ribbit Capital, and Kleiner Perkins
Key Investors in Evervault
Sequoia Capital
A premier venture capital firm with a global track record of partnering with entrepreneurs to build market-leading technology companies from early to late stages.
Index Ventures
A venture firm that invests in the next generation of entrepreneurs from seed to IPO, focusing on companies that challenge the status quo.
Kleiner Perkins
A Menlo Park-based venture capital firm that provides capital and operational support to early and growth-stage technology and life science companies.
What's next for Evervault?
With the recent influx of capital, Evervault is well-positioned to accelerate its product roadmap and expand its footprint within the enterprise sector. The strategic focus will likely center on deepening its integration capabilities and scaling its infrastructure to support larger, more complex data environments. As the demand for privacy-preserving technologies continues to rise, Evervault is poised to leverage its developer-first philosophy to capture a larger share of the market. The company's ability to maintain high-security standards while simplifying compliance workflows will be critical as it transitions into its next phase of growth, potentially setting new industry benchmarks for how sensitive data is handled in the cloud-native era.
See full Evervault company page
