28 Best Encryption Startups to Watch in 2025

The Definitive Seedtable Ranking of Encryption Startups

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 28 start-ups with an aggregate funding of $807.5m. The average funding per company in this subset is $28.8m.

Last update to the database: Feb 18, 2025. See changelog.

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5

Funding Rounds

$40.0m

Money raised

Enveil is a Fulton, Maryland-based data security and privacy security technology company.

4

Funding Rounds

$135.3m

Money raised

Fortanix is a Mountain View, California-based cybersecurity company developing cloud security and privacy products.

2

Funding Rounds

$83.0m

Money raised

Mimecast is a London-based cybersecurity and email management platform company founded by Neil Murray and Peter Bauer.

Location:

Key people:

4

Funding Rounds

$73.0m

Money raised

Wickr is a telecommunications and security company that builds secure communication tools, such as a messaging application. It was founded in 2012 and is located in San Francisco, California.

Key people:

3

Funding Rounds

$26.8m

Money raised

ISARA is a company developing quantum computer resistant software products founded in 2015 by Scott Totzke.

5

Funding Rounds

$18.8m

Money raised

Decentriq is a company combining machine learning and cryptography to analyze any dataset.

Location:

Key people:

1

Funding Rounds

$4.4m

Money raised

Company developing optical communications hardware for strong digital encryption.

Location:

Key people:

4

Funding Rounds

$89.4m

Money raised

Ionic Security (formerly Social Fortress) is a company that provides software for data security.

1

Funding Rounds

$40.0m

Money raised

Egress is a software company that specializes in compliance and privacy management solutions for unstructured data.

Location:

Key people:

4

Funding Rounds

$35.0m

Money raised

Baffle.io provides cloud database encryption for increased security.

5

Funding Rounds

$14.0m

Money raised

Inpher is an analytics company.

2

Funding Rounds

$16.3m

Money raised

Dataguise provides a data-centric security solution to detect, protect, and monitor sensitive data in real time across all data repositories, both on premises and in the cloud.

5

Funding Rounds

$90.0m

Money raised

Duality Technologies combine Advanced Cryptography with Data Science to deliver High-Performance Privacy-Protecting Computing to Regulated Industries.

2

Funding Rounds

$3.2m

Money raised

Cosmian is a blockchain company founded in 2018 by David Gurle, Raphael Auphan, Sandrine Murcia and Bruno GRIEDER.

Location:

Key people:

1

Funding Rounds

$25.0m

Money raised

Delphix is a company founded in 2008 by Charlie Zha.

Key people:

1

Funding Rounds

$10.0m

Money raised

DocAuthority is a Raanana, Isreal-based technology company developing AI-powered data management tools.

1

Funding Rounds

$6.4m

Money raised

Ubiq Security is a cybersecurity and data encryption company.

Key people:

2

Funding Rounds

$4.5m

Money raised

DataFleets is a privacy-preserving data engine that unifies distributed data for rapid access, agile analytics, and automated compliance.

1

Funding Rounds

$4.0m

Money raised

GK8 is a cyber security company that offers a high-security custodian technology for managing and safeguarding digital assets.

1

Funding Rounds

$2.3m

Money raised

PrivateCore enables enterprises to deploy servers in outsourced environments while maintaining data security.

1

Funding Rounds

FTAPI SecuTransfer is a software solution for end-to-end encrypted data exchange of large and sensitive data with customers and partners.

2

Funding Rounds

$1.5m

Money raised

DataLocker offers both hardware based external storage and software based cloud storage encryption solutions.

1

Funding Rounds

Kapalya is a company founded in 2015 by Sudesh Kumar.

2

Funding Rounds

$50.8m

Money raised

Zama is a privacy-preserving homomorphic encryption platform founded in 2020.

1

Funding Rounds

$27.0m

Money raised

Seclore Technology. is an India-based company founded in 2010 by Vishal Gupta.

Location:

Key people:

1

Funding Rounds

Crown Sterling delivers next generation software-based, AI-driven cryptography in the form of random number generators and encryption products.

1

Funding Rounds

$1.0m

Money raised

At Identillect Technologies, we create secure solutions to protect critical information, with an emphasis on simplicity.

2

Funding Rounds

$6.0m

Money raised

StrongSalt is a United States-based company.

Location:

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