CryptoNext Security
CryptoNext Security is a Paris-based post-quantum cryptography software vendor founded in 2019 that helps large enterprises, governments, and critical-infrastructure operators migrate from classical cryptography to NIST-standardized quantum-resistant algorithms through discovery, evaluation, remediation, and crypto-agility products.
- Company typePrivate
- Founded2019
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What CryptoNext Security does
CryptoNext Security is a Paris-based post-quantum cryptography (PQC) software vendor founded in 2019 to help large enterprises and government entities migrate from classical public-key cryptography (RSA, ECC) to NIST-standardized quantum-resistant algorithms. The company sells a modular four-product suite covering the full PQC migration lifecycle: CryptoNext Compass for cryptographic asset discovery and inventory, CryptoNext Toolbox for PQC impact evaluation and prototyping, CryptoNext Remediation as a NIST-validated post-quantum library, and CryptoNext Captain for centralized crypto-agility policy management. CryptoNext's researchers co-authored the HQC algorithm selected by NIST as a backup standard to ML-KEM in March 2025, and the company became the first EU security firm to obtain full NIST quantum-safe certification in April 2026.
The company generates revenue through enterprise software subscriptions and professional services under a direct enterprise field-sales motion, supported by a formal partner program and a strategic alliance with ID Quantique for combined QKD/QRNG hardware plus PQC software deployments. Disclosed customers span banking (Banque de France), defense (Thales, MBDA, NATO), government (European Commission), energy (EDF), telecommunications (Orange), IT services (Atos/Eviden), embedded systems (ProvenRun), and pharmaceuticals (Sanofi), with the company citing 20+ implemented use cases and analyst recognition as a Top 5 PQC leader from ABI Research, Bain Capital Ventures, and IDC Innovators. The product positioning is anchored to mandatory regulatory drivers including DORA (effective January 2025) and NIS2.
CryptoNext raised €11 million in November 2023 in a round led by AXA Venture Partners and Quantonation with participation from Auriga Cyber Ventures, with stated use of funds to scale remediation solutions and expand globally. The company operates from 16 Boulevard Saint-Germain in Paris's 5th arrondissement and runs a content-led, thought-leadership-driven marketing engine emphasizing blog content, white papers, webinars, and analyst relations.
CryptoNext Security firmographics
Firmographics- Name
- CryptoNext Security
- Legal name
- CryptoNext Security
- Website
- https://cryptonext-security.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CryptoNext Security is a Paris-based post-quantum cryptography software vendor founded in 2019 that helps large enterprises, governments, and critical-infrastructure operators migrate from classical cryptography to NIST-standardized quantum-resistant algorithms through discovery, evaluation, remediation, and crypto-agility products.
- Ownership category
- akta.pro rank
Where CryptoNext Security is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
CryptoNext Security business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Software Licenses and Subscriptions: CryptoNext Security offers its CryptoNext Suite (Compass, Toolbox, Remediation, Captain) as software products. Based on the product-led, demo-request, and partner-referral GTM motion, revenue is generated through annual or multi-year software subscriptions and licenses for enterprise deployments. Professional services for PQC migration advisory and implementation support are also offered alongside product deployments.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Enterprise software licensing with demo-request sales motion |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
CryptoNext Security product offering
Product offeringCore offering
CryptoNext Security sells a modular post-quantum cryptography software suite that helps organizations discover their existing cryptographic assets, evaluate post-quantum algorithm performance on their systems, deploy NIST-validated quantum-resistant algorithms, and centrally manage cryptographic policies through crypto-agility. Its products — CryptoNext Compass (discovery and inventory), CryptoNext Toolbox (PQC evaluation), CryptoNext Remediation (PQC SDK/library), and CryptoNext Captain (crypto-agility management) — are sold as enterprise software to large organizations in banking, defense, energy, telecommunications, and public sectors.
Product overview
CryptoNext Security offers a modular platform suite for post-quantum cryptography migration comprising four core products: CryptoNext Toolbox (for PQC evaluation and testing), CryptoNext Compass (for cryptographic discovery and inventory), CryptoNext Remediation (PQC Library for algorithm implementation), and CryptoNext Captain (for crypto-agility policy management). The company, founded in 2019 and headquartered in Paris, provides end-to-end support from assessment through operational implementation of PQC, backed by 25+ years of post-quantum research expertise.
Differentiator
Problem solved
Functional benefit
Brands
- CryptoNext Toolbox: PQC Evaluation Toolbox - Test the impact of post-quantum on systems through custom prototypes tailored to use cases.
- CryptoNext Compass
- CryptoNext Remediation
- CryptoNext Captain
- CryptoNext COMPASS Discovery
Products and services
- CryptoNext Toolbox (PQC Evaluation Toolbox) Enables organizations to test post-quantum cryptography use cases under realistic conditions by comparing algorithms, simulating performance impacts on network latency, memory, and bandwidth, and building internal expertise to structure a PQC migration strategy. Targeted at enterprise IT and security teams in banking, defense, energy, aerospace, and public sectors.
- CryptoNext Compass (Discovery & Inventory Tool) Maps and inventories cryptographic assets across IT and OT systems, identifying algorithms, keys, certificates, protocols, and libraries so organizations can gain visibility, eliminate cryptographic blind spots, and prepare for post-quantum migration and DORA/NIS2 compliance.
- CryptoNext Remediation (PQC Library) Post-quantum remediation SDK offering cryptographic components designed to withstand the quantum threat, including NIST-validated post-quantum algorithms deployable even in constrained environments. Allows organizations to deploy quantum-resistant encryption without accumulating new cryptographic debt.
- CryptoNext Captain (Crypto-Agility Management) Automates and centralizes cryptographic policy management, enabling organizations to adapt quickly to evolving standards and threats via crypto-agile governance, including centralized policy enforcement, algorithm switching without system re-engineering, and lifecycle management of certificates and keys.
Quantifiable outcome
- CryptoNext is recognized as a Top 5 PQC leader by ABI Research, Bain Capital Ventures, and IDC Innovators.
- +2 more outcomes
Companies that use CryptoNext Security
Customer profileNamed customers10 records
Segments3 records
Ideal customer profiles3 records
CryptoNext Security technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
CryptoNext Security partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- ID QuantiquecoreID Quantique and CryptoNext Security formed a strategic partnership to deliver quantum-safe security solutions to enterprise customers. ID Quantique, a leading provider of quantum key distribution (QKD) and quantum random number generation (QRNG) technologies, combines its quantum-safe hardware with CryptoNext's PQC software to offer comprehensive quantum-resistant security architectures.
Scale indicators6 records
Recent moves6 records
Expansion highlights6 records
CryptoNext Security competitors and assessment
Company assessmentDirect peers
- PQShield: UK-based post-quantum cryptography vendor offering a PQC software and silicon IP platform (PQStudio, PQSDK). Direct competitor to CryptoNext in enterprise/government PQC migration, also recognized by ABI Research as one of three leading global PQC vendors.
- Post-Quantum (PQ Solutions): UK-based PQC company (rebranded as PQ Solutions per ABI Research) offering quantum-safe communication and identity solutions for financial services and government. Comparable to CryptoNext in targeting regulated BFSI and defense customers with PQC migration products.
- ISARA Corporation: Canada-based PQC specialist providing crypto-agility tools and quantum-safe certificates/keys for enterprises. Competes head-on with CryptoNext in the cryptographic inventory, crypto-agility, and PQC remediation product categories.
- SandboxAQ: US-based quantum technology company offering PQC and quantum-sensing security software to enterprises and governments. Comparable to CryptoNext in serving large regulated customers and bundling PQC migration with cryptographic inventory/crypto-agility capabilities.
Broad incumbents
- IBM Quantum-Safe Cryptography: IBM's broader quantum-safe portfolio includes PQC consulting, tools, and hardware-integrated offerings. Competes with CryptoNext for large enterprise PQC transformation mandates but as part of IBM's much wider quantum and security portfolio.
- Thales (Cryptography): Thales is both a customer and a competitor of CryptoNext, providing HSMs, Luna PKI, and increasingly PQC-enabled hardware modules. Comparable in serving defense and BFSI cryptographic infrastructure but with a broader portfolio that includes hardware and managed services.
- Cloudflare (Post-Quantum): Cloudflare has rolled out PQC support across its edge network and publishes PQC tools used widely by enterprises. Provides overlapping PQC capabilities but as part of a much broader CDN/security/cloud platform rather than as a focused PQC migration vendor.
- AWS KMS / AWS Cryptography: AWS has introduced PQC support in KMS, ACM, and related services and offers migration tooling. Competes with CryptoNext for cloud-resident cryptographic infrastructure but as part of AWS's broader cloud and security portfolio, often bundled with cloud spend.
- Atos / Eviden (Cybersecurity): Atos/Eviden is both a customer of CryptoNext and a broader cybersecurity and digital transformation provider with quantum-safe offerings. Comparable in delivering PQC migration services to large enterprises but as part of a much larger IT services portfolio.
Emerging players
- ID Quantique: Swiss provider of quantum key distribution (QKD) and quantum random number generation (QRNG) that has partnered with CryptoNext to deliver combined quantum-safe solutions. Comparable in quantum-safe security for regulated enterprises but differentiated by hardware-centric QKD offering.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CryptoNext Security social profiles
Digital presenceCryptoNext Security compliance and trust
Trust signalCompliance1 record
CryptoNext Security financial estimates
Financial estimateRevenue estimate
Valuation estimate
CryptoNext Security leadership team
Management profileNumber of profiles
Profiles3 records
CryptoNext Security funding detail
Funding detailFunding overview
Funding rounds2 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CryptoNext Security 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 CryptoNext Security
What does CryptoNext Security do?
CryptoNext Security sells a modular post-quantum cryptography software suite that helps organizations discover their existing cryptographic assets, evaluate post-quantum algorithm performance on their systems, deploy NIST-validated quantum-resistant algorithms, and centrally manage cryptographic policies through crypto-agility. Its products — CryptoNext Compass (discovery and inventory), CryptoNext Toolbox (PQC evaluation), CryptoNext Remediation (PQC SDK/library), and CryptoNext Captain (crypto-agility management) — are sold as enterprise software to large organizations in banking, defense, energy, telecommunications, and public sectors.
Is CryptoNext Security a public or private company?
CryptoNext Security is a private company. It is classified as venture growth investor backed and is currently operating.
When was CryptoNext Security founded?
CryptoNext Security was founded in 2019. It employs 11 to 50 people.
Where is CryptoNext Security based?
CryptoNext Security is headquartered in Paris, France, in the Europe region.
How does CryptoNext Security make money?
One revenue line is on record: software Licenses and Subscriptions.
Who are CryptoNext Security's main competitors?
Direct peers on record are PQShield, Post-Quantum (PQ Solutions), ISARA Corporation and SandboxAQ. Broad incumbents are IBM Quantum-Safe Cryptography, Thales (Cryptography), Cloudflare (Post-Quantum), AWS KMS / AWS Cryptography and Atos / Eviden (Cybersecurity). ID Quantique is listed as an emerging player.
Does CryptoNext Security have an API?
No public API is recorded for CryptoNext Security.