Amount Raised
$25 Million
Round Type
Series B
FultonInformation TechnologySoftwareData And AnalyticsDescription
Enveil, the pioneering Privacy Enhancing Technology company protecting Data in Use, today announced that it has closed $25 million in Series B funding. The oversubscribed round was led by USAA with contributions from existing investors which include Mastercard, Capital One Ventures, C5 Capital, DataTribe, In-Q-Tel, Cyber Mentor Fund, Bloomberg Beta, GC&H, and 1843 Capital. Building on an over 300% increase in revenue achieved since closing its Series A funding, Enveil will leverage the capital to expand sales, product development, and marketing activity to capitalize on the accelerating market need to span global data silos and enable secure and private data usage, sharing, collaboration, and monetization. This brings the total amount raised by the category-defining startup to more than $40 million since its formation in 2016.
Quick answer
Enveil, Inc. raised $25 Million in a Series B round, dated April 27, 2022. Enveil, Inc. is based in Fulton, Maryland, United States.
- How much did Enveil, Inc. raise?
- Enveil, Inc. raised $25 Million in a Series B round on April 27, 2022.
- What does Enveil, Inc. do?
- EN|VEIL uses homomorphic crypto to protect data interactions including search and analytic.
- Where is Enveil, Inc. based and how big is it?
- Enveil, Inc. is based in Fulton, Maryland, United States. Fundz records about 51 employees.
- Who are the decision-makers at Enveil, Inc?
- Fundz holds 1 contact at Enveil, Inc., including the DoD Strategic Business Development Representative. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Data And Analytics and Software around the same time
Companies in the same sectors as Enveil, Inc. that raised within 45 days of this round, from Fundz verified event records.
- MoEngage raised $77M on June 10, 2022.
- Cloverleaf raised $9M (Series A) on June 9, 2022.
- Immuta raised $100M (Series E) on June 8, 2022.
- Front raised an undisclosed amount (Seed) on June 8, 2022.
- Onfleet, Inc. raised $23M (Series B) on June 7, 2022.
- PayShepherd raised $3M (Seed) on June 7, 2022.
Who to call at Enveil, Inc., and when
A new round usually means Enveil, Inc. is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Enveil, Inc. raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Enveil, Inc., from your own LinkedIn network
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Funding Insights
What this usually meansEnveil, Inc. raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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