SHORTList
Fintech/Payments
Security
DevTools/Cloud

Evervault

Developer-focused data encryption platform

CORE INFO

$46M
Total Funding
Series B
Round
2019
Founded
11-50
Team Size
New York, NY, USA
Headquarters

Evervault is a platform designed for developers, focusing on encrypting and orchestrating sensitive data, particularly within the payments sector. The company offers solutions that enable businesses to tokenize card information, optimize payment margins, and achieve PCI compliance. By integrating Evervault's services, companies can secure their payment infrastructures, avoid vendor lock-in, and expedite the deployment of card products. Evervault's suite of developer tools and APIs is crafted to integrate seamlessly into existing infrastructures. Their platform includes features such as Relay, an encryption proxy for network requests, and Functions, which are secure serverless functions for operations on encrypted data. Additionally, they provide UI Components for handling cardholder data securely and Enclaves for deploying Docker Containers to Secure Enclaves without additional configuration. This comprehensive approach positions Evervault as a significant player in data security and compliance, especially within the payments industry.

WHY WE WOULD WORK AT EVERVAULT

Pioneering Data Security

Join a mission to eliminate plaintext sensitive data online, making world-class security effortless and pervasive.

Dynamic Team Environment

Collaborate with a small, agile team of 11-50 talented individuals, fostering innovation and rapid growth.

Competitive Compensation

Benefit from a well-funded company with $46M in total funding, ensuring competitive salaries and growth opportunities.

Cutting-Edge Technology

Work with advanced tools like Relay and Enclaves, enhancing payment security and compliance in fintech.

Impactful Client Base

Contribute to solutions used by global leaders like CarTrawler and Uniswap, processing over $5 billion in transactions.

Innovative Developer Focus

Empower developers with seamless integration tools, optimizing payment margins and achieving PCI compliance.

MARKET AND TRACTION

GROWTH TACTICS

  • Evervault focuses on developer-first solutions, providing seamless integration into existing infrastructures, which enhances security without compromising performance.

  • The company emphasizes eliminating plaintext sensitive data across the internet, aiming to make world-class data security effortless and pervasive.

  • By offering a comprehensive suite of tools like Relay, Functions, and Enclaves, Evervault positions itself as a leader in data security and compliance, particularly in the payments industry.

    • NOTABLE CUSTOMERS

  • Evervault serves hundreds of global customers, including CarTrawler, Ramp, Rippling, Overwolf, and Uniswap.

  • These clients span various sectors, showcasing Evervault's versatility and appeal across different industries.

    • KEY METRICS

    ✦ KEY METRIC
  • In the past year, Evervault has processed over $5 billion in transaction volume, demonstrating its significant impact in the payments sector.

  • The company generates more than 100 million encrypted tokens each month, highlighting its robust encryption capabilities and widespread adoption.

    • COMPETITIVE ADVANTAGE

  • Evervault's platform includes unique features like Relay, an encryption proxy, and Functions, secure serverless functions, which differentiate it from competitors.

  • The ability to deploy Docker Containers to Secure Enclaves without additional configuration offers a significant technical advantage.

  • By avoiding vendor lock-in, Evervault ensures flexibility and control for its clients, enhancing its competitive edge.

    • PRODUCT AND TECH

    Relay Encryption Proxy

    Relay acts as an encryption proxy for network requests, ensuring data is encrypted or decrypted seamlessly. This tool is crucial for maintaining data integrity and security during transmission.

    Secure Serverless Functions

    Functions provide a secure environment for performing operations on encrypted data outside of a company's infrastructure. This ensures sensitive data remains protected while enabling flexible data processing.

    UI Components for Security

    Evervault's UI Components allow for the secure handling of cardholder data without exposing it in plaintext. These components are essential for businesses aiming to maintain PCI compliance and protect customer information.

    Enclaves for Docker Deployment

    Enclaves enable the deployment of Docker Containers to Secure Enclaves without additional configuration. This feature enhances security by isolating sensitive operations in a protected environment.

    COMPANY CULTURE

    Values

  • Developer-first approach

  • Commitment to data security

  • Seamless integration into existing systems

  • Elimination of plaintext sensitive data

    • Operating Principles

  • Prioritize encryption and data protection

  • Foster innovation in payment security

  • Maintain a customer-centric focus

  • Encourage collaboration and teamwork

    • Benefits

  • Opportunity to work with cutting-edge encryption technology

  • Small, dynamic team environment

  • Flexible work arrangements

  • Access to professional development resources

    • Work Style

  • Agile and adaptive to change

  • Emphasis on autonomy and responsibility

  • Collaborative and open communication

  • Focus on delivering high-quality solutions

    • Learning & Growth

  • Continuous learning opportunities

  • Support for attending industry conferences

  • Encouragement of skill development

  • Mentorship from experienced professionals