Enveil
Enveil is a privately held Privacy Enhancing Technology company founded in 2016 that uses homomorphic encryption, secure multiparty computation, and trusted execution environments to enable encrypted search, analytics, and machine learning for federal, financial services, healthcare, and secure AI customers.
- Company typePrivate
- Founded2016
- HeadquartersFulton, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Enveil does
Enveil is a privately held Privacy Enhancing Technology (PET) company founded in 2016 by U.S. Intelligence Community alumni and headquartered in the Washington, D.C. metro area. The company develops commercial-off-the-shelf (COTS) enterprise software under the ZeroReveal brand that uses homomorphic encryption, secure multiparty computation (SMPC), and trusted execution environments (TEEs) to protect Data in Use — enabling encrypted search, analytics, and machine learning model training and evaluation without decrypting underlying data, pooling data into a central repository, or exposing search interests and intent. Its core platform is the ZeroReveal Solution Suite, a two-party proxy layer consisting of a ZeroReveal Client deployed within the enterprise and a ZeroReveal Server deployed wherever data resides, operating via standard APIs alongside existing infrastructure.
The product portfolio comprises ZeroReveal Search (encrypted search, watchlisting, and analytics operating at over 1 GB/second/thread), ZeroReveal Machine Learning (encrypted evaluation/inference), and ZeroReveal ML Encrypted Training (ZMET, secure federated learning via SMPC). Enveil is the first company to achieve both NIAP Common Criteria and NSA CSfC certifications for Data in Use security, and ZeroReveal 6.0 (released July 2025) added Edge/IoT form factor support, scheduled queries, time-series and weather data visualizations, and DDIL-optimized processing.
Enveil generates revenue through enterprise software licensing on annual subscription terms with quote-based, undisclosed pricing. It sells through dedicated direct enterprise field sales teams organized around DoD, FedCiv, Intelligence, and commercial financial services verticals, supplemented by an AWS Partner Network integration, self-serve demo and contact forms, and a content-driven thought leadership motion. The company serves U.S. federal agencies (U.S. Army Project Linchpin, Defense Innovation Unit Hybrid Space Architecture), global financial institutions for cross-jurisdictional fraud and financial-crime use cases, and is expanding into healthcare and Secure AI. As of the data available, Enveil has raised over $40 million in venture funding since inception — including a $25 million Series B led by USAA in April 2022 with Mastercard and Capital One Ventures — and employs between 51 and 100 people.
Enveil firmographics
Firmographics- Name
- Enveil
- Legal name
- Enveil
- Website
- https://enveil.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Enveil is a privately held Privacy Enhancing Technology company founded in 2016 that uses homomorphic encryption, secure multiparty computation, and trusted execution environments to enable encrypted search, analytics, and machine learning for federal, financial services, healthcare, and secure AI customers.
- Ownership category
- akta.pro rank
Enveil industry classification
Industry- Product category
- Data Security Software
- NAICS
- Software Publishers (51321)
- SIC
- Services-Prepackaged Software (7372)
- akta.pro primary industry
- Identity & Access Security Services (IAM, PAM, Zero Trust) (BPAKAHAI)
- akta.pro secondary industry
- Access Management & Policy Enforcement (Zero Trust) (BPAMAEAH)
Keywords
Where Enveil is headquartered
LocationHeadquarters
- HQ city
- Fulton
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Enveil business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- COTS Software Licenses: Commercial-off-the-shelf (COTS) software solutions sold as enterprise licenses. The company provides two-party proxy layer software systems consisting of ZeroReveal Client and Server applications.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise software licensing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Enveil product offering
Product offeringCore offering
Enveil develops and sells commercial-off-the-shelf (COTS) privacy enhancing technology software under the ZeroReveal brand. Its products leverage homomorphic encryption, secure multiparty computation, and trusted execution environments to enable encrypted search, analytics, and machine learning on data without ever decrypting it. The software is delivered as a two-party proxy layer consisting of ZeroReveal Client and ZeroReveal Server applications and is sold to enterprise and government customers.
Product overview
Enveil offers a portfolio of Privacy Enhancing Technology (PETs) products under the ZeroReveal brand, enabling secure data usage, collaboration, monetization, and Secure AI. The core platform is the ZeroReveal Solution Suite, a two-party proxy layer software system. Built upon this platform are two primary products: ZeroReveal Search for encrypted search and analytics, and ZeroReveal Machine Learning for encrypted model training and evaluation. ZeroReveal Search and ZeroReveal ML operate together to protect Data in Use by ensuring that searches, analytics, or ML models—and their corresponding results—remain encrypted during processing.
Differentiator
Problem solved
Functional benefit
Brands
- ZeroReveal Search: Award-winning encrypted search solution that enables secure searches and watchlisting on data in any environment without revealing the content of the search.
- ZeroReveal Machine Learning
- ZeroReveal
Products and services
- ZeroReveal Search Privacy Enhancing Technology-powered encrypted search solution that enables secure searches, watchlisting, and analytics on data in any environment without revealing search content, compromising data ownership, or exposing interests and intent.
- ZeroReveal Machine Learning PETs-powered secure AI solution enabling encrypted machine learning across disparate, decentralized datasets. Includes encrypted training for secure federated learning and encrypted evaluation for secure model inference, protecting models and results throughout the evaluation lifecycle.
- ZeroReveal Solution Suite Two-party proxy layer software system consisting of ZeroReveal Client application (deployed within the enterprise) and ZeroReveal Server application (deployed wherever data resides). Works via standard APIs alongside existing protections without requiring changes to underlying architecture or storage technologies.
Quantifiable outcome
- Processing over a gigabyte of data per second per thread as part of encrypted search
- +2 more outcomes
Companies that use Enveil
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
Enveil technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability4 records
Feature5 records
Enveil partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship and supporting.
- Defense Innovation Unit (DIU)flagshipContract funded by DIU to advance secure data usage in support of Hybrid Space Architecture (HSA). Enables DoD organizations to collaboratively search and analyze space assets across domains and orbits without compromising mission interests.
- Amazon Web Services (AWS)flagshipAWS Partner Network integration enabling organizations to utilize AWS cloud platform with Enveil's Data in Use protections. The solution allows secure processing of sensitive data without leaving the cloud environment.
- Global CounselsupportingCollaboration on 'Breaking barriers: How data sharing can transform the fight against economic crime' report examining data and intelligence sharing between government and private sector to prevent economic crime.
Scale indicators5 records
Recent moves6 records
Expansion highlights7 records
Enveil competitors and assessment
Company assessmentBroad incumbents
- Microsoft: Maintains the SEAL open-source homomorphic encryption library and is investing in confidential computing across Azure. Competes indirectly through bundled cloud + security offerings that could subsume PET functionality.
- IBM: Operates one of the most mature homomorphic encryption stacks (HElib and IBM Security offerings) and competes for federal/regulated buyers as part of a much broader security, cloud, and consulting portfolio.
- Google: Operates an FHE transpiler and Private AI Compute initiatives across Google Cloud. Adjacent competitive threat as a hyperscaler with embedded secure-compute primitives for the same regulated enterprise buyers.
Direct peers
- TripleBlind: Privacy-preserving ML and analytics platform using proprietary PETs. Competes most directly with Enveil on encrypted model training/evaluation and federated learning for regulated industries.
- Inpher: Secret Computing pioneer offering secure multiparty computation and homomorphic encryption for privacy-preserving analytics and ML. Closely comparable in technology stack and enterprise/government buyer profile.
- Cape Privacy: Privacy-preserving ML platform enabling encrypted training and inference on sensitive data. Overlaps with Enveil's ZeroReveal ML in target use cases (encrypted AI) and regulated verticals.
- Zama: Open-source fully homomorphic encryption (FHE) tooling for AI/ML workloads. Competes for the same encrypted ML developers and enterprise security buyers with a developer-first, open-source GTM.
- Baffle: Data encryption and privacy-preserving compute layer for cloud and analytics workloads. Competitor in the 'protect data in use' category for cloud-native enterprises and adjacent to Enveil's COTS approach.
- Duality Technologies: Direct competitor offering secure data collaboration and analytics powered by homomorphic encryption and other PETs. Targets similar federal, financial-services, and healthcare use cases for encrypted search and computation across silos.
Emerging players
- Duality Secure AI (QED-it): Earlier-stage competitor applying zero-knowledge proofs and homomorphic encryption to enterprise data collaboration, with overlap to Enveil's financial-services anti-fraud and consortium use cases.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Enveil social profiles
Digital presenceEnveil compliance and trust
Trust signalCompliance2 records
Enveil financial estimates
Financial estimateRevenue estimate
Valuation estimate
Enveil leadership team
Management profileNumber of profiles
Profiles5 records
Enveil funding detail
Funding detailFunding overview
Funding rounds4 records
Investors11 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Enveil M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Enveil
What does Enveil do?
Enveil develops and sells commercial-off-the-shelf (COTS) privacy enhancing technology software under the ZeroReveal brand. Its products leverage homomorphic encryption, secure multiparty computation, and trusted execution environments to enable encrypted search, analytics, and machine learning on data without ever decrypting it. The software is delivered as a two-party proxy layer consisting of ZeroReveal Client and ZeroReveal Server applications and is sold to enterprise and government customers.
Is Enveil a public or private company?
Enveil is a private company. It is classified as venture growth investor backed and is currently operating.
When was Enveil founded?
Enveil was founded in 2016. It employs 51 to 100 people.
Where is Enveil based?
Enveil is headquartered in Fulton, United States, in the North America region.
How does Enveil make money?
One revenue line is on record: COTS Software Licenses.
Who are Enveil's main competitors?
Broad incumbents on record are Microsoft, IBM and Google. Direct peers are TripleBlind, Inpher, Cape Privacy, Zama, Baffle and Duality Technologies. Duality Secure AI (QED-it) is listed as an emerging player.
Does Enveil have an API?
No public API is recorded for Enveil.
What industry is Enveil in?
Enveil's product category is Data Security Software. Its primary akta.pro industry code is BPAKAHAI, Identity & Access Security Services (IAM, PAM, Zero Trust), with a secondary code of BPAMAEAH, Access Management & Policy Enforcement (Zero Trust). Its NAICS code is 51321 and its SIC code is 7372.