Evervault
Evervault is a Dublin-based developer platform providing encryption infrastructure for payment, PII, and card-issuing data, serving hundreds of fintech, payments, and digital businesses globally.
- Company typePrivate
- Founded2019
- HeadquartersDublin, Ireland
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
What Evervault does
Evervault is a developer-first data encryption infrastructure company founded in Dublin in 2019, with a secondary engineering office in New York. The company provides a platform of encryption primitives, Relay (an encryption network proxy), Functions (serverless Node.js or Python runtimes that execute logic on encrypted data inside Evervault's environment), Enclaves (Docker containers deployed inside AWS Nitro Enclaves with cryptographic code attestation), and UI Components (embeddable iframes for PCI-compliant card collection and display), built on a dual-custody model in which Evervault stores encryption keys while customers store ciphertext. The platform processes over $5 billion in annual transaction volume and generates more than 100 million encrypted tokens monthly, with hundreds of customers worldwide.
Evervault firmographics
Firmographics- Name
- Evervault
- Legal name
- Evervault Inc.
- Website
- https://evervault.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Evervault is a Dublin-based developer platform providing encryption infrastructure for payment, PII, and card-issuing data, serving hundreds of fintech, payments, and digital businesses globally.
- Ownership category
- akta.pro rank
Evervault industry classification
Industry- Product category
- Data Security & Encryption Infrastructure
- NAICS
- Software Publishers (5132), Security Systems Services (except Locksmiths) (561621)
- SIC
- Services-Prepackaged Software (7372), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Encryption (Data-at-Rest / In-Transit / In-Use) (HDADAFAB)
- akta.pro secondary industry
- Application Security Engineering (DevSecOps, AppSec Remediation) (BPAEAFAI)
Keywords
Where Evervault is headquartered
LocationHeadquarters
- HQ city
- Dublin
- HQ country
- Ireland
- HQ region
- Europe
Offices2 records
Markets served
Evervault business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Infrastructure, Marketing or Sales, Operations
Revenue model
- Encryption Infrastructure Services: Revenue generated from processing payment transactions and providing encryption/tokenization services. The company processes over $5 billion in transaction volume and generates over 100 million encrypted tokens monthly through its platform.
- Platform Subscription/Usage: Developer platform with usage-based or subscription pricing for encryption infrastructure, secure enclaves, and compliance tools. Custom pricing available for enterprise customers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Contact sales for custom enterprise pricing |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Evervault product offering
Product offeringCore offering
Evervault builds developer-first encryption infrastructure that enables companies to process, store, and transact sensitive data without ever seeing or holding the underlying plaintext. Its platform exposes cryptographic primitives and tools through APIs (Relay, Functions, Enclaves, UI Components) so engineering teams can integrate data protection directly into applications, payment flows, and compliance workflows.
Product overview
Evervault is a developer-first data security platform composed of encryption primitives (Relay, Functions, Enclaves, UI Components) that form the core infrastructure layer, on top of which sit purpose-built products and solutions for specific data types and use cases. The core primitives provide fundamental capabilities: Relay acts as an encryption network proxy for real-time data in transit; Functions run serverless logic on encrypted data without decryption exposure; Enclaves deploy Docker containers in cryptographically attested AWS Nitro secure enclaves; and UI Components embed secure card collection/display forms in web and mobile apps. These primitives power a portfolio of payment-specific products including PCI Compliance (for cardholder data compliance), Card Issuing (for card program launch), Multi-PSP (for multi-processor routing), Network Tokens (for direct card network tokenization), and BIN Lookup/Card Insights (for card metadata enrichment). Additional solutions extend the platform to other sensitive data types: Secure PII, HIPAA & ePHI, Secure Banking Data, Secure API Credentials, Secure File Encryption, Wallet Management, and Secure Card Data — all sharing the same underlying encryption primitives with domain-specific configuration and compliance frameworks.
Differentiator
Problem solved
Functional benefit
Products and services
- Relay
Quantifiable outcome
- Over $5 billion in transaction volume processed annually
- +8 more outcomes
Companies that use Evervault
Customer profileNamed customers17 records
Segments5 records
Ideal customer profiles2 records
Evervault technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature6 records
Evervault partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered integration_partner.
- Galileointegration_partnerCard issuer API integration. Evervault supports receiving card data from Galileo for tokenization and secure handling.
- Marqetaintegration_partnerCard issuer API integration. Evervault can receive and encrypt card data from Marqeta's issuing platform.
- Highnoteintegration_partnerCard issuer API integration. Evervault supports integration with Highnote for card issuing workflows.
- Stripeintegration_partnerRelay product supports automatic decryption of Evervault-encrypted strings in requests to Stripe's API.
- Plaidintegration_partnerRelay product supports automatic decryption of Evervault-encrypted strings in requests to Plaid's API for open banking integrations.
- Twiliointegration_partnerRelay product supports automatic decryption of Evervault-encrypted strings in requests to Twilio's API.
- Onfidointegration_partnerIntegration for secure KYC data handling. Evervault can encrypt identity verification data before sharing with Onfido.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
Evervault competitors and assessment
Company assessmentBroad incumbents
- Stripe: Stripe ships Stripe Vault and Connect tokenization across its payment stack and is itself an integration partner for Evervault's Relay product. As a broader payment incumbent, Stripe can bundle tokenization natively, making it the most consequential competitive overhang on Evervault's payments wedge.
- HashiCorp Vault: HashiCorp Vault is a widely deployed secrets and encryption management platform covering key management, transit encryption, and PKI — an adjacent incumbent that enterprises may consolidate around instead of adopting Evervault's Relay/Functions layer.
- Adyen: Adyen offers network tokenization and PCI-offload via its acquiring platform, with tokenized credentials stored against its unified commerce API. A global incumbent that competes for the same merchant tokenization budget Evervault targets.
- AWS Payment Cryptography: AWS Payment Cryptography sits on top of the same Nitro Enclaves substrate that powers Evervault's Enclaves product, exposing PIN translation, PIN change, and card verification primitives as managed cloud services — a direct threat to Evervault's core enclave architecture.
Direct peers
- Very Good Security (VGS): VGS operates a vault-based data tokenization platform that lets merchants outsource sensitive data storage and reduce PCI scope — virtually the same developer-facing tokenization wedge that Evervault targets. Direct head-to-head on card data vaulting and PII tokenization.
- Basis Theory: Basis Theory sells a developer-first tokenization platform that detaches sensitive data from systems of record, mapping directly to Evervault's Relay and Enclaves primitives for PCI reduction and processor optionality.
- Spreedly: Spreedly provides payment orchestration with a vault layer for tokenizing cards across multiple gateways — overlapping with Evervault's Multi-PSP, Network Tokens, and Card Issuing solutions for merchants seeking processor flexibility.
- TokenEx (Thales): TokenEx, now part of Thales, is a long-standing payment tokenization cloud that reduces PCI scope — a more mature incumbent in the same product category as Evervault's Relay and PCI Compliance products.
- Skyflow: Skyflow provides a data privacy vault with polymorphic encryption and PCI/PII tokenization, competing with Evervault's Relay, Functions, and UI Components primitives across payments and healthcare. Same horizontal-sensitive-data thesis and developer-first GTM.
Emerging players
- Persona: Persona handles KYC and identity verification with strong PII protection, overlapping with Evervault's Secure PII and Onfido-integrated KYC flows. A more focused competitor in the identity-document encryption and verification niche.
Market position
Strengths1 record
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Evervault social profiles
Digital presenceEvervault compliance and trust
Trust signalCompliance5 records
Evervault financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evervault leadership team
Management profileNumber of profiles
Profiles1 record
Evervault funding detail
Funding detailFunding overview
Funding rounds3 records
Investors8 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evervault 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 Evervault
What does Evervault do?
Evervault builds developer-first encryption infrastructure that enables companies to process, store, and transact sensitive data without ever seeing or holding the underlying plaintext. Its platform exposes cryptographic primitives and tools through APIs (Relay, Functions, Enclaves, UI Components) so engineering teams can integrate data protection directly into applications, payment flows, and compliance workflows.
Is Evervault a public or private company?
Evervault is a private company. It is classified as venture growth investor backed and is currently operating.
When was Evervault founded?
Evervault was founded in 2019. It employs 11 to 50 people.
Where is Evervault based?
Evervault is headquartered in Dublin, Ireland, in the Europe region.
How does Evervault make money?
Two revenue lines are on record. Encryption Infrastructure Services are the primary driver. The others are platform Subscription/Usage.
Who are Evervault's main competitors?
Broad incumbents on record are Stripe, HashiCorp Vault, Adyen and AWS Payment Cryptography. Direct peers are Very Good Security (VGS), Basis Theory, Spreedly, TokenEx (Thales) and Skyflow. Persona is listed as an emerging player.
Does Evervault have an API?
Yes. Evervault provides a public REST API enabling developers to encrypt and decrypt data, tokenize cards, create network tokens, manage Relays and Functions, and interact with all platform primitives. Language-specific SDKs are available for React/JavaScript, Node.js, and Python. The API supports integration via server-side SDKs for automatic encryption/decryption of network requests to third-party APIs, and client-side SDKs for browser-side encryption. The platform also supports a Relay proxy mechanism for intercepting and encrypting/decrypting data in network requests without code-level integration. Developer documentation is at docs.evervault.com.
What industry is Evervault in?
Evervault's product category is Data Security & Encryption Infrastructure. Its primary akta.pro industry code is HDADAFAB, Encryption (Data-at-Rest / In-Transit / In-Use), with a secondary code of BPAEAFAI, Application Security Engineering (DevSecOps, AppSec Remediation). Its NAICS code is 5132 and its SIC code is 7372.