Opaque Systems
- Company typePrivate
- Founded2021
- HeadquartersSan Francisco, United States
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Opaque Systems does
Opaque Systems (operating as OPAQUE) is a confidential AI platform company founded in 2021 by researchers from UC Berkeley's RISELab and headquartered in San Francisco. The company's platform combines hardware-attested Trusted Execution Environments and Confidential Virtual Machines with cryptographic attestation mechanisms to enable enterprises to run AI models and agents on sensitive or regulated data while keeping data encrypted in memory during processing and producing hardware-signed audit artifacts. The product surface includes OPAQUE AI Agent Studio (a LangGraph-based visual environment for designing confidential RAG pipelines and agentic workflows), the OPAQUE Confidential Runtime and SDK (the in-cloud execution layer), and the OPAQUE 3.0 release with the Agent Governance Toolkit, Agent Manifest open standard, and Confidential MCP implementation, with capabilities extending across the AI lifecycle via multi-party computation, fully homomorphic encryption, and post-quantum cryptographic protections acquired from Abu Dhabi's Technology Innovation Institute in May 2026.
OPAQUE sells through a direct enterprise sales motion targeting CISOs, compliance leaders, and AI teams at large organizations in financial services, insurance, healthcare, high-tech, and government, with named customers including ServiceNow, Accenture, Wells Fargo, RiskStream Collaborative, Bloomfilter, Anthropic, Encore Capital Group, and Ant Group. Pricing is quote-based and not publicly disclosed, delivered as an annual enterprise platform subscription deployed inside the customer's own cloud environment, with an additional procurement path via the Microsoft Azure Marketplace that debuted in April 2025. The company has raised $55.5 million across seed, Series A, and a February 2026 Series B led by Walden Catalyst at a $300 million post-money valuation, with backing from Intel Capital, Accenture Ventures, the UAE's Advanced Technology Research Council, and other strategic investors. The company has 11-50 employees and operates as a private Delaware C-corp.
The business model is enterprise SaaS with deep hardware and cloud integrations that span Intel, AMD, and NVIDIA confidential-compute silicon, Microsoft Azure, and major enterprise AI stacks. Revenue mechanics rely on negotiated annual contracts sized to confidential-compute deployment scale, supported by a multi-channel marketing approach that includes the annual Confidential Computing Summit co-hosted with the Linux Foundation, the AI Confidential podcast, analyst recognition from Gartner, IDC, and CB Insights, and SOC 2 Type II certification as a baseline compliance posture for regulated buyers.
Opaque Systems firmographics
Firmographics- Name
- Opaque Systems
- Legal name
- OPAQUE Systems, Inc.
- Website
- https://opaque.co
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Opaque Systems industry classification
Industry- Product category
- Confidential Computing Platform
- NAICS
- Software Publishers (5132), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Services-Computer Programming, Data Processing, Etc. (7370), Services-Computer Integrated Systems Design (7373)
- akta.pro primary industry
- Confidential AI & Privacy-Preserving ML (federated learning, MPC, HE, TEEs) (HDAAAKAI)
- akta.pro secondary industries
- Secure Model Deployment & Runtime Protection (sandboxing, isolation) (HDAAAKAH), Responsible AI, Security & Privacy Platforms (Safety, Guardrails, PII) (HDAEANAG), Identity, Access & Secrets Management for AI Systems (IAM for agents/models) (HDAAAKAJ), AI Privacy Engineering & Data Governance (PII, consent, retention) (HDAAAKAB)
Keywords
Where Opaque Systems is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Opaque Systems business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Confidential AI Platform Subscription: OPAQUE offers a confidential AI platform providing enterprises with verifiable cryptographic proof of data privacy, model integrity, and policy enforcement for AI systems. The platform is deployed in the customer's cloud environment within confidential computing-enabled infrastructure.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise Platform License |
Distribution channels2 records
Marketing channels8 records
Opaque Systems product offering
Product offeringCore offering
OPAQUE sells a Confidential AI Platform that combines confidential computing environments (Trusted Execution Environments, Confidential Virtual Machines, and confidential GPUs from Intel, AMD, and NVIDIA) with cryptographic attestation mechanisms so enterprises can run AI agents, RAG pipelines, and AI training/fine-tuning on sensitive or regulated data while producing hardware-signed proof of privacy, model integrity, and policy enforcement. The platform is deployed in the customer's cloud, exposes attestation and audit artifacts via APIs and OpenTelemetry, and is governed by the OPAQUE 3.0 Agent Governance Toolkit, Agent Manifest, and Confidential MCP.
Product overview
OPAQUE Systems offers a Confidential AI Platform that provides enterprises with verifiable cryptographic proof of data privacy, model integrity, and policy enforcement for AI systems. The platform combines two core components: OPAQUE AI Agent Studio (a governed visual environment for designing and deploying AI workflows built on LangGraph) and OPAQUE Confidential Runtime & SDK (a confidential execution layer that runs in the customer's cloud, keeping data encrypted in memory during processing with hardware-signed attestation). The platform supports OPAQUE 3.0's governance tools including the Agent Governance Toolkit, Agent Manifest, and Confidential MCP. OPAQUE also offers Confidential Agents and Confidential Agents for RAG modules that deploy AI with cryptographic trust and verifiable audit trails. The platform extends across the full AI lifecycle from training and fine-tuning to inference and agent execution, with recent additions of confidential AI model training using multi-party computation and fully homomorphic encryption, and post-quantum cryptographic protections acquired from Abu Dhabi's Technology Innovation Institute.
Differentiator
Problem solved
Functional benefit
Brands
- OPAQUE Studio: A platform built on LangGraph to enable enterprises to develop and deploy confidential AI agents with verifiable privacy guarantees.
- OPAQUE 3.0
- OPAQUE AI Agent Studio
- OPAQUE Confidential Runtime & SDK
Products and services
- OPAQUE Confidential AI Platform The core OPAQUE platform that runs inside the customer's cloud and provides hardware-attested confidential computing for AI agents, RAG, and AI training workflows, producing cryptographic proof of data privacy, model integrity, and policy enforcement for enterprises in financial services, insurance, healthcare, high-tech, and government.
- OPAQUE 3.0 Verifiable AI Governance Platform The OPAQUE 3.0 governance layer introduced in June 2026 that provides verifiable AI agent integrity through the Agent Governance Toolkit (AGT), the Agent Manifest open standard for runtime integrity verification, and Confidential MCP for governed AI model operations with hardware support from Intel, AMD, and NVIDIA.
- Confidential Agents AI agents with built-in cryptographic trust and verifiable audit trails that execute within hardware-secured confidential computing environments, enabling autonomous AI operations on sensitive data with runtime verification and policy enforcement.
- Confidential Agents for RAG Confidential retrieval-augmented generation (RAG) capabilities that allow investigators, auditors, and underwriters to ground generative AI on proprietary encrypted datasets using natural language queries, retrieving policy-approved results with zero data leakage.
Quantifiable outcome
- 4-5x acceleration in AI time-to-production
- +7 more outcomes
Companies that use Opaque Systems
Customer profileNamed customers7 records
Segments6 records
Ideal customer profiles4 records
Opaque Systems technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration3 records
AI capability9 records
Feature10 records
Opaque Systems partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and strategic.
- Linux FoundationcoreOPAQUE co-hosts the Confidential Computing Summit with the Linux Foundation. The 2026 summit in San Francisco brought together enterprise executives, engineers, and policymakers to discuss confidential computing for AI workloads. The event reflects growing enterprise demand with IDC research showing 75% of organizations adopting confidential computing.
- AMDcoreAMD provides hardware support for OPAQUE 3.0 and the Confidential AI platform. OPAQUE and AMD published a joint white paper 'From Risk to Resilience: Confidential Computing with AMD and OPAQUE' in February 2026.
- NVIDIAcoreNVIDIA provides hardware support for OPAQUE 3.0, enabling confidential AI on NVIDIA's confidential computing hardware. OPAQUE enables confidential AI on Microsoft Azure with NVIDIA AI and accelerated computing, including support for NVIDIA H100 Tensor Core GPUs.
- IntelcoreIntel provides hardware support for OPAQUE 3.0. Intel Capital invested $2.3 million for a 14% stake in OPAQUE and previously led the $9.5 million seed funding round in 2021.
- Technology Innovation Institute (TII)coreOPAQUE acquired advanced cryptographic AI technologies from Abu Dhabi's Technology Innovation Institute, including multi-party computation (MPC), fully homomorphic encryption (FHE), and post-quantum cryptographic protections. The acquisition extends OPAQUE's platform across the full AI lifecycle from training to agent execution. This marks the first time UAE-developed cryptographic AI technologies have been acquired and deployed at scale by a US-based company.
- AnthropiccoreAnthropic is listed among OPAQUE's customer and partner base. OPAQUE supports Anthropic's confidential AI workflow deployments as part of its enterprise AI ecosystem.
- IBMstrategicOPAQUE and IBM collaborate on secure AI at full speed. IBM and OPAQUE work together to enable confidential AI deployments for enterprise customers.
- BloomfilterstrategicBloomfilter partnered with OPAQUE to deliver provable guarantees of data privacy and sovereignty for its AI-driven process mining platform. The partnership enabled rapid deployment via Azure Marketplace, increased sales conversion by 57%, and boosted AI feature adoption from 46% to over 90%.
- Microsoft AzurecoreOPAQUE's Confidential AI Platform debuted on Azure Marketplace in April 2025, enabling accelerated agentic workflows for sensitive data. OPAQUE enables confidential AI on Azure confidential VMs with NVIDIA H100 Tensor Core GPUs for verifiable data privacy and security. Microsoft and OPAQUE collaborate on AI governance and confidential AI deployment.
- ServiceNowcoreServiceNow partnered with OPAQUE to enhance AI solutions using confidential computing technologies. The partnership enables ServiceNow's Digital Technology division to streamline processes, increase operational efficiency, and enhance employee experiences while ensuring data security. ServiceNow CEO Bill McDermott featured OPAQUE-enabled AI agents on CNBC.
- RiskStream CollaborativestrategicRiskStream Collaborative, the largest insurance-focused consortium, partnered with OPAQUE to enable confidential AI-powered fraud detection across multiple insurance carriers. The partnership allows insurers to aggregate encrypted premium audit and claims datasets to flag suspicious behavior while maintaining strict data privacy.
Scale indicators11 records
Recent moves8 records
Expansion highlights6 records
Opaque Systems competitors and assessment
Company assessmentDirect peers
- Duality Technologies: Duality Technologies provides a privacy-preserving data collaboration platform using homomorphic encryption and secure multiparty computation, directly comparable to OPAQUE's confidential AI offering for regulated enterprises.
- Enveil: Enveil delivers secure search, analytics, and AI using Fully Homomorphic Encryption and secure enclaves, competing head-to-head with OPAQUE in the confidential AI and encrypted data analytics space for financial services and government.
- Anjuna Security: Anjuna provides a confidential computing platform that runs workloads inside hardware enclaves across all major clouds and silicon vendors, directly overlapping with OPAQUE Confidential Runtime's TEE-based execution model.
- Fortanix: Fortanix offers Confidential Computing Manager and Runtime Encryption for AI/ML workloads on Intel SGX, AMD SEV, and NVIDIA H100, competing with OPAQUE's confidential runtime and attestation stack in regulated enterprises.
- TripleBlind: TripleBlind provides privacy-preserving AI and analytics using cryptography-based techniques, serving the same regulated-industry buyers as OPAQUE for collaborative model training on sensitive data.
- Inpher: Inpher builds Secret Computing® products (XOR Platform) for privacy-preserving machine learning and analytics using MPC and FHE, directly comparable to OPAQUE's MPC/FHE-based confidential AI workflows.
Broad incumbents
- Microsoft Azure Confidential Computing: Azure Confidential Computing provides confidential VMs (DCasv5, ECasv5) with Intel TDX and AMD SEV-SNP plus NVIDIA H100 CC SKUs; both a partner and a potential competitor to OPAQUE since Microsoft could bundle native confidential AI agent governance.
- Google Cloud Confidential VMs: Google's Confidential VMs (AMD SEV, SEV-SNP, Intel TDX) and the broader Google Cloud Confidential Computing portfolio provide the underlying TEE substrate that OPAQUE runs on, while Google DeepMind's agent security research makes Google a broader incumbent competing for the same confidential AI mandate.
- IBM Hyper Protect Confidential Computing: IBM offers Hyper Protect Virtual Servers and Confidential Computing services on IBM Cloud and LinuxONE, serving regulated industries (banking, insurance, healthcare) with secure enclaves — IBM is both a partner and broad incumbent for confidential AI workloads.
Emerging players
- Everpure (formerly Baffle): Everpure (formerly Baffle) provides record-level encryption and confidential data processing for AI/analytics pipelines, overlapping with OPAQUE's confidential AI runtime for protecting data in use during model training and inference.
Market position
Strengths1 record
Weaknesses1 record
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Opaque Systems social profiles
Digital presenceOpaque Systems compliance and trust
Trust signalCompliance2 records
Opaque Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Opaque Systems leadership team
Management profileNumber of profiles
Profiles5 records
Opaque Systems funding detail
Funding detailFunding overview
Funding rounds4 records
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Opaque Systems M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Opaque Systems
What does Opaque Systems do?
OPAQUE sells a Confidential AI Platform that combines confidential computing environments (Trusted Execution Environments, Confidential Virtual Machines, and confidential GPUs from Intel, AMD, and NVIDIA) with cryptographic attestation mechanisms so enterprises can run AI agents, RAG pipelines, and AI training/fine-tuning on sensitive or regulated data while producing hardware-signed proof of privacy, model integrity, and policy enforcement. The platform is deployed in the customer's cloud, exposes attestation and audit artifacts via APIs and OpenTelemetry, and is governed by the OPAQUE 3.0 Agent Governance Toolkit, Agent Manifest, and Confidential MCP.
Is Opaque Systems a public or private company?
Opaque Systems is a private company. It is classified as venture growth investor backed and is currently operating.
When was Opaque Systems founded?
Opaque Systems was founded in 2021. It employs 51 to 100 people.
Where is Opaque Systems based?
Opaque Systems is headquartered in San Francisco, United States, in the North America region.
How does Opaque Systems make money?
One revenue line is on record: confidential AI Platform Subscription.
Who are Opaque Systems's main competitors?
Direct peers on record are Duality Technologies, Enveil, Anjuna Security, Fortanix, TripleBlind and Inpher. Broad incumbents are Microsoft Azure Confidential Computing, Google Cloud Confidential VMs and IBM Hyper Protect Confidential Computing. Everpure (formerly Baffle) is listed as an emerging player.
Does Opaque Systems have an API?
Yes. OPAQUE produces hardware-signed attestation reports and immutable audit records that are exportable via APIs or OpenTelemetry compatible endpoints. The platform supports independent verification using the SDK or open source tools. The API enables export of attestation reports providing verifiable measurements for integrity of the computing stack (confidential computing hardware including CPUs and GPUs, infrastructure including confidential VMs and Kubernetes environment, and all OPAQUE platform binaries, container images, and configurations), as well as audit trails capturing execution-level metadata including execution events trace, workload identity and configuration, and execution timestamps, status, and outcomes.
What industry is Opaque Systems in?
Opaque Systems's product category is Confidential Computing Platform. Its primary akta.pro industry code is HDAAAKAI, Confidential AI & Privacy-Preserving ML (federated learning, MPC, HE, TEEs), with a secondary code of HDAAAKAH, Secure Model Deployment & Runtime Protection (sandboxing, isolation). Its NAICS code is 5132 and its SIC code is 7370.