Enveil

IT Security/CybersecuritySeries BFulton, USenveil.com

Latest round

Series B

Last raised

Apr 2022

Total raised

$38M

Investors

10

About Enveil

Enveil, Inc.Enveil, Inc. was founded in 2016 in Fulton, US. The company focuses on providing innovative solutions that allow organizations to conduct encrypted searches and analytics while protecting sensitive data. The founder, Ellison Williams, has previously established other companies.Enveil specializes in Privacy Enhancing Technologies (PETs), with a focus on its flagship ZeroReveal® solutions that enable secure data usage and collaboration across various industries. These solutions allow organizations to perform encrypted searches, analytics, and machine learning without exposing sensitive data, thereby protecting the integrity and privacy of the underlying information. Enveil’s products target sectors such as financial services, healthcare, and government, providing capabilities that facilitate secure collaboration and decision-making across organizational silos and jurisdictions. The company serves a diverse client base, including federal agencies, healthcare providers, and financial institutions, primarily in the United States and select international markets.Enveil generates revenue primarily through B2B transactions, offering its Privacy Enhancing Technologies as part of subscription-based models and strategic partnerships. Clients engage with the company to implement ZeroReveal® solutions tailored to their operational needs, resulting in ongoing contractual agreements that reflect the value of secure data usage in their respective fields. Revenue streams are supported by a combination of licensing fees for software usage and service agreements for ongoing support and updates. Specific pricing plans and structures are aligned with the complexity of the implementations and the scale of the client's operations.50 mn to expand its product offerings. The company is focused on developing new features for its ZeroReveal® technology and plans to enter new geographical markets, specifically targeting Europe and Asia by the end of 2023.

Who invested in Enveil

10 investors across 2 rounds

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Funding rounds

  1. Series B

    Apr 27, 2022

    Amount

    $28M

    Investors

    Locked

  2. Series A

    Feb 18, 2020

    Amount

    $10M

    Investors

    Locked

Questions about Enveil

Who invested in Enveil?

Enveil has 10 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Enveil raised?

Enveil has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Enveil last raise money?

Enveil's most recent round on record is a Series B, in Apr 2022.

What does Enveil do?

Enveil is a it security/cybersecurity company.

Where is Enveil headquartered?

Enveil is headquartered in Fulton, US.

Which VCs invest in companies like Enveil?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back it security/cybersecurity companies at Enveil's stage. Their profiles are linked below.

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