MADANA

Confidential Computing Platformmadana.io

MADANA is a Berlin-based confidential computing company that uses Intel SGX Trusted Execution Environments and a patented Analysis Processing Entity (APE) to secure applications and data at runtime, serving enterprises with strict GDPR/CLOUD Act/ePrivacy requirements via a tokenized data analysis marketplace.

Company typePrivate
Founded2017
HeadquartersBerlin, Germany
Headcount1–10
GTM typeB2B
OfferingSoftware

What MADANA does

MADANA is a Berlin-based private company founded in 2017 that builds confidential computing infrastructure and a privacy-preserving marketplace for data analysis. Its core technology uses Intel SGX-powered Trusted Execution Environments combined with a patented component called the Analysis Processing Entity (APE) to protect applications, data, algorithms, and intellectual property at the hardware level across the full data lifecycle (at rest, in motion, and in use). The product portfolio is centered on three offerings: MADANA Core, the foundational confidential computing platform; MADANA Platform, a community-driven data analysis marketplace; and MADANA PAX (MDN), an ERC-20 token used for transparent payments between data producers, analysis buyers, and plug-in providers.

The company monetizes through subscription and licensing fees for MADANA Core (cloud-hosted PaaS and self-managed on-premise deployments with quote-based pricing), and through transaction fees on the data analysis marketplace settled in MDN tokens. Distribution runs through the OVHcloud Open Trusted Cloud marketplace, a RESTful API with OpenAPI/Swagger documentation, and an SDK in JavaScript, with community-led growth via Reddit, Telegram, GitHub, and a dedicated community hub. Target customers include enterprises with strict security and compliance requirements (GDPR, CLOUD Act, ePrivacy), data-driven organizations seeking privacy-preserving analytics, and developer teams integrating confidential computing into existing workflows.

Strategic positioning is reinforced by partnerships with Capgemini (E-Health use cases), OVHcloud, Lisk, Grün Software, Stiftung Datenschutz, Bitmi, and the European Digital SME Alliance, alongside university collaborations with RWTH Aachen, Maastricht University, and CEU San Pablo. The team of approximately seven core members plus advisors is described as growing rapidly, and the company reports 23,000 active users testing its solutions worldwide. Notable gaps include the absence of disclosed revenue, institutional VC funding rounds with amounts, named paying enterprise customers, and any productized AI/ML capability.

MADANA firmographics

Firmographics

Name: MADANA
Legal name: MADANA
Website: https://madana.io
Company type: Private
Founded year: 2017
Operating status: Operating
Headcount range: 1–10 employees
Short description: MADANA is a Berlin-based confidential computing company that uses Intel SGX Trusted Execution Environments and a patented Analysis Processing Entity (APE) to secure applications and data at runtime, serving enterprises with strict GDPR/CLOUD Act/ePrivacy requirements via a tokenized data analysis marketplace.
Ownership category
akta.pro rank

MADANA industry classification

Industry

Product category: Confidential Computing Platform
NAICS: Security Systems Services (except Locksmiths) (561621), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)
SIC: Finance Services (6199)
akta.pro industry: PRIMARYFSAPAIAE
Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls)
Financial & Insurance/Blockchain & Web3/Enterprise Blockchain & Tokenization (permissioned networks, RWA tokenization)
SECONDARYFSAGAMAH
Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions)
Financial & Insurance/Financial Technology (Fintech)/Blockchain & Web3 Financial Infrastructure (Tokenization, Custody Tech)

Keywords

Confidential computing
Data analytics marketplace
Privacy-enhancing technology
Trusted execution environments
Blockchain security

Where MADANA is headquartered

Location

Headquarters

HQ city: Berlin
HQ country: Germany
HQ region: Europe

Offices1 record

Markets served

MADANA business model

Business model

GTM type: B2B
Offering type: Software
Cost components: Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

Confidential Computing Platform (MADANA Core): Subscription and licensing revenue from providing confidential computing solutions. Flexible pricing for cloud-hosted PaaS and self-managed on-premise deployment with setup fees and support packages.
Data Analysis Platform Fees: Platform monetizes data analysis through MADANA PAX (MDN) cryptocurrency. Data analysis buyers purchase analysis results with MDN. Data producers receive fair share of MDN when their data is used.
Token Economics (MADANA PAX/MDN): ERC-20 cryptocurrency (MDN) with 100 million initial balance. Trading, governance voting, and staking incentivization. Stakeholders can put MDN on stake to prove data quality, processing productivity, and code security.

Pricing tiers

Model	Billing	Price
Subscription	Multi-year contract	Flexible custom pricing based on customer requirements

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

MADANA product offering

Product offering

Core offering

MADANA sells a confidential computing platform (MADANA Core) that secures applications and data during runtime using Intel SGX-based Trusted Execution Environments. It also operates a community-driven data analysis marketplace (MADANA Platform) powered by privacy-enhancing technology and the MADANA PAX (MDN) ERC-20 cryptocurrency, enabling secure data sharing and monetization across participants.

Product overview

MADANA offers a dual-product portfolio centered on confidential computing and privacy-preserving data analytics. MADANA Core is the foundational security platform that provides hardware-level protection for applications and data during runtime using Intel SGX-powered Trusted Execution Environments, securing data across its entire lifecycle. MADANA Platform builds on this infrastructure to enable a self-governing, community-driven marketplace for data analysis, where participants can securely share and monetize data through cross-analytics. The Analysis Processing Entity (APE) is a patented core technology component present in all products that receives encrypted data and manages secured processing within secure enclaves. The ecosystem is underpinned by MADANA PAX (MDN), an ERC-20 cryptocurrency token used for transparent payments and incentivization via smart contracts. The company reports approximately 23,000 active users currently testing their solutions worldwide.

Differentiator

Problem solved

Functional benefit

Brands

MADANA Core: Confidential computing platform for securing applications and data during runtime using Trusted Execution Environments.
MADANA Platform
MADANA PAX (MDN)

Products and services

MADANA Core A confidential computing platform that secures applications and data during runtime using Trusted Execution Environments (Intel SGX). Provides fully flexible, integrable, and customizable secure enclaves to protect data, communication, algorithms, and intellectual property. Available as cloud-hosted PaaS, self-managed on-premise deployment, or via RESTful API access.
MADANA Platform A self-governing and community-driven marketplace for data analysis that enables privacy-enhancing technology for secure data analytics. Provides transparent and immutable monetization through smart contracts and the MADANA PAX (MDN) cryptocurrency, connecting data producers, analysis buyers, and plug-in providers.
MADANA PAX (MDN) An ERC-20 cryptocurrency token used for transparent and automated payments via smart contracts between all platform participants. Serves as the reward mechanism for data producers and plug-in providers. Initial balance of 100 million tokens with 18 decimals, token contract address 0x2062b7b18d631e8ae808E178F69b1bfbDff5D545.

Quantifiable outcome

Data protected across entire lifecycle: at rest, in motion, and in use
+1 more outcomes

Companies that use MADANA

Customer profile

Named customers1 record

Segments3 records

Ideal customer profiles3 records

MADANA technology and API

Technology

Technology focussed Yes

API detail

Has API: Yes
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

MADANA partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and minor.

LiskcoreStrategic or Co-development PartnerLisk makes it easy for developers to build and deploy blockchain applications in JavaScript. Founded 2016 by Max Kordek, who is also MADANA advisor. MADANA team believes in future of dApps on Lisk ecosystem.
CapgeminicoreStrategic or Co-development PartnerMultinational consulting company with clients worldwide. Strategic business planning to bring together new innovations and existing businesses. Partnership for GDPR-compliant E-Health use cases.
Grün SoftwareminorChannel Partner/ Reseller/ DistributorExperienced expert in developing software platforms for mid-sized German businesses. Provides blockchain industry knowledge access to clients interested in future blockchain solutions.
Stiftung DatenschutzminorStrategic or Co-development PartnerGerman political institution actively involved in data protection. Cooperation includes relevant insights and organizing common events. Central role in MADANA ecosystem for data protection.
BitmiminorChannel Partner/ Reseller/ DistributorRepresents over 2000 medium-sized IT companies in Germany. Provides access to influential politicians and network of potential future users of MADANA ecosystem.
European Digital SME AllianceminorGTM or Marketing PartnerLargest network of small and medium-sized digital enterprises with over 20,000 members. Brings MADANA closer to European government and decision-makers.
RWTH Aachen UniversitycoreStrategic or Co-development PartnerMany team members met at this renowned Computer Science and Entrepreneurship university. Partnership established through Prof. Dr. Malte Brettel (advisor). Blockchain education collaboration and project involvement.
Maastricht UniversityminorStrategic or Co-development PartnerGuest lecture on blockchain technology delivered. Cooperation for exchange of interns and supervision of final theses. Some team members are Maastricht Alumni.
CEU San Pablo UniversityminorStrategic or Co-development PartnerPartnership includes exchange of student interns. Assistance with blockchain technology as educational subject. First presentation about MADANA held at CEU campus in Madrid.
OVHcloudcoreTechnology or IntegrationPart of Open Trusted Cloud (OTC) program at OVHcloud. Alternative cloud-based SaaS and PaaS solutions guaranteeing European regulation compliance. MADANA Core available in OVHcloud marketplace.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

MADANA competitors and assessment

Company assessment

Direct peers

Enveil: Enveil provides ZeroReveal, a commercial secure enclaves and homomorphic encryption-based platform for privacy-preserving data analytics and search. Directly comparable to MADANA Core and MADANA Platform on confidential data analytics use cases, particularly for regulated enterprises.
TripleBlind: TripleBlind operates a privacy-preserving data analytics and AI collaboration platform using cryptographic techniques. Targets similar enterprise use cases as MADANA Platform around privacy-enhancing computation and data monetization.
Inpher: Inpher builds a confidential computing platform for privacy-preserving machine learning and analytics using secure enclaves and cryptographic techniques. Targets the same enterprise privacy-preserving analytics use cases as MADANA's data marketplace.
Duality Technologies: Duality Technologies provides secure data collaboration using homomorphic encryption and secure enclaves for privacy-preserving analytics across organizations. Directly comparable to MADANA Platform on cross-organizational, privacy-preserving data analytics use cases.
Fortanix: Fortanix offers Runtime Encryption and Confidential Computing Manager based on Intel SGX for securing applications and data in use. Closely comparable to MADANA Core on hardware-rooted runtime data protection for enterprise customers.

Broad incumbents

AWS Nitro Enclaves: AWS Nitro Enclaves provides isolated compute environments for processing sensitive data within EC2 instances. Directly competes with MADANA Core on hardware-isolated confidential computing, with the scale and enterprise reach of AWS.
Microsoft Azure Confidential Computing: Microsoft Azure Confidential Computing provides hardware-backed confidential compute via AMD SEV-SNP and Intel SGX/TDX across Azure cloud. Overlaps with MADANA Core on the SGX-based confidential computing use case, but as part of a much broader enterprise cloud portfolio.

Emerging players

Oasis Labs: Oasis Labs builds a blockchain-based confidential computing network for privacy-preserving data analytics and AI, with confidential EVM smart contracts. Comparable to MADANA in combining confidential computing TEEs with a tokenized data economy, though backed by more institutional capital.
Secret Network: Secret Network is a blockchain platform with privacy-preserving smart contracts using Intel SGX-based Trusted Execution Environments. Overlaps with MADANA on SGX-based confidential compute and a tokenized ecosystem, focused on private smart contract execution.
Phala Network: Phala Network offers a TEE-based confidential smart contract computing platform built on Substrate. Comparable to MADANA in combining SGX-based secure enclaves with a tokenized developer ecosystem for privacy-preserving computation.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

MADANA financial estimates

Financial estimate

Revenue estimate

Valuation estimate

MADANA leadership team

Management profile

Number of profiles

Profiles7 records

MADANA funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

MADANA M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MADANA

What does MADANA do?

Is MADANA a public or private company?

MADANA is a private company. It is classified as venture growth investor backed and is currently operating.

When was MADANA founded?

MADANA was founded in 2017. It employs 1 to 10 people.

Where is MADANA based?

MADANA is headquartered in Berlin, Germany, in the Europe region.

How does MADANA make money?

Three revenue lines are on record. Confidential Computing Platform (MADANA Core) is the primary driver. The others are data Analysis Platform Fees and token Economics (MADANA PAX/MDN).

Who are MADANA's main competitors?

Direct peers on record are Enveil, TripleBlind, Inpher, Duality Technologies and Fortanix. Broad incumbents are AWS Nitro Enclaves and Microsoft Azure Confidential Computing. Emerging players are Oasis Labs, Secret Network and Phala Network.

Does MADANA have an API?

Yes. MADANA Core provides a backend API service for easy integration into existing workflows and structures. The API uses a data model supported by client-side libraries available on their GitHub page. All resources are implemented in reference to the OpenAPI Specification (OAS), providing a language-agnostic interface to RESTful APIs. A WADL document is available that describes all resources, and Swagger is provided as an interactive interface for API exploration. Developer documentation is at github.com/MADANA-IO/madana-pax.

What industry is MADANA in?

MADANA's product category is Confidential Computing Platform. Its primary akta.pro industry code is FSAPAIAE, Digital Asset Custody & Wallet Infrastructure for Institutions (MPC/HSM, key mgmt, policy controls), with a secondary code of FSAGAMAH, Smart Contract & Token Operations Infrastructure (Lifecycle, Corporate Actions). Its NAICS code is 561621 and its SIC code is 6199.