Evervault offers an end-to-end encryption infrastructure that lets developers secure sensitive and regulated data—initially concentrating on card payments—at the point of entry and throughout processing. The platform generates more than 100 million encrypted tokens each month and has processed over $5 billion in transaction volume while integrating with more than 7,000 banks and financial institutions. Hundreds of global customers, including CarTrawler, Ramp, Rippling, Overwolf and Uniswap, rely on Evervault to reduce PCI DSS compliance costs by roughly $100,000 and accelerate compliance timelines by 95%. Over the past year the company recorded more than 4× year-over-year revenue growth. Founded in 2019, Evervault positions itself as the internet’s clearinghouse for sensitive data and plans to use new capital to expand its encryption infrastructure, enhance product capabilities, and scale its engineering and product teams. By embedding encryption directly into application architectures, Evervault aims to transform data protection from a compliance burden into an innovation enabler.

Total raised

$44M

Funding rounds

3

Latest round

Series B

Latest activity

Mar 2026