# Belfort

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/belfort

- Industry: IT Security/Cybersecurity
- Headquarters: San Francisco, US
- Website: www.belfortlabs.com
- Total disclosed funding: $6M
- Latest round: Seed (Sep 24, 2025)
- Investors on record: 7

## About

Belfort Labs BV, based in the US, specializes in encrypted computation technologies that enable organizations to securely process sensitive data without decryption, focusing on high-performance computing across various sectors.Founded in 2006 and headquartered in San Francisco, US, Belfort Labs BV develops advanced secure data processing technologies. The company has successfully secured USD 6.00 mn in Seed funding in September 2025, led by Vsquared Ventures with participation from several investors. There is no indication of subsidiaries or previous mergers, and the founder's visibility is limited.Belfort specializes in providing advanced encrypted computation technologies that enable organizations to process sensitive data without ever decrypting it. Their core offerings revolve around purpose-built hardware and proprietary algorithms that facilitate secure, high-performance computing across various sectors such as defense, genomics, and financial services. By maintaining the confidentiality and integrity of data throughout operations, Belfort allows institutions to perform critical tasks like fraud detection, credit assessment, risk management, and regulatory compliance while keeping client information encrypted. The systems are designed to be utilized at scale, positioning Belfort's solutions as indispensable tools for healthcare providers, pharmaceutical companies, and researchers who require collaboration and analysis of personal data without compromising privacy. Currently, Belfort's products are marketed primarily in North America and Europe, aiming to penetrate additional geographical regions as the demand for encrypted computing rises.Belfort's revenue generation is structured around B2B transactions primarily with enterprises and institutions requiring secure data processing solutions. Partnerships and contracts with clients are established through a subscription-based model, where businesses pay for access to Belfort's encrypted computation platforms and ongoing support services. These transactions encompass the licensing of their proprietary technology as well as potential collaborations on specific projects within sectors such as healthcare and finance. While exact pricing details for their products and services are not disclosed, it is understood that costs reflect the advanced capabilities and integration support provided with their patented streaming architecture and hardware solutions. This structured approach to revenue facilitates predictable income streams while enabling Belfort to scale its operations and enhance its technology offerings.In September 2025, Belfort Labs BV raised USD 6.00 mn in Seed funding led by Vsquared Ventures, which will be utilized to expand its team, advance technology, run enterprise pilots, and develop a custom chip. The company is focused on launching new products designed for enhanced encrypted computation capabilities. Additionally, Belfort aims to expand into new markets, specifically targeting regions in Asia and Latin America by 2026, in response to rising demand for secure data processing solutions.

## Funding rounds

- Seed, Sep 24, 2025, $6M — Inovia Capital, Prototype Capital, Vsquared Ventures, Syndicate One, Anagram, Credibly Neutral, Protocol VC

## Investors

- Inovia Capital (https://capitalatlas.ai/funds/inovia-capital) — Seed
- Prototype Capital — Seed
- Vsquared Ventures (https://capitalatlas.ai/funds/vsquared-ventures) — Seed
- Syndicate One (https://capitalatlas.ai/funds/syndicate-one) — Seed
- Anagram — Seed
- Credibly Neutral (https://capitalatlas.ai/funds/credibly-neutral) — Seed
- Protocol VC (https://capitalatlas.ai/funds/protocol-vc) — Seed