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Evervault raises $25M Series B financing with investment from Kleiner Perkins

Financing announced

Evervault raised $25 million in Series B financing from investors including Kleiner Perkins to build internet infrastructure for sensitive data.

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Counterparts (7)

Investor
Kleiner Perkins
company
Kleiner Perkins is a venture capital firm focusing on early-stage and growth investments in various technology sectors. While their primary focus is not exclusively infrastructure, they have shown interest in companies that enable or enhance infrastructure technologies.
R
Ribbit Capital
company
Palo Alto-based venture capital firm with over $4 billion in assets under management, primarily investing in early to growth-stage financial technology companies globally. Ribbit Capital does not invest in traditional infrastructure assets.
Sequoia Capital
company · 1 deals
Sequoia Capital is a venture capital firm that focuses on helping daring founders build legendary companies. They invest in startups across various sectors.
Index Ventures
company · 1 deals
Index Ventures is a venture capital firm that invests in visionaries across various industries. They focus on the people behind great ideas and partner with entrepreneurs to realize their vision.
N
Next Play Ventures
company
San Francisco-based venture capital firm focused on early-stage investments in sports, media, entertainment, and consumer technology companies. The firm identifies and supports innovative ventures that leverage digital platforms and data analytics, indirectly contributing to the digital infrastructure supporting these industries.
O
Operator Partners
company
London-based private equity firm founded in 2021, specializing in digital infrastructure investments globally. Focuses on fibre broadband networks and related assets, with a significant investment in UK full fibre provider Netomnia.
Developer
Evervault
company
Dublin-based technology company providing a secure data enclave for developers to encrypt, process, and store sensitive data without direct exposure. Focuses on data security and privacy solutions for various industries, including those with critical data handling needs.

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Deal Analysis

Evervault secured $25 million in Series B funding to advance its internet infrastructure for sensitive data, drawing capital from a strong syndicate. Kleiner Perkins, a venture firm known for its broad tech investments rather than an exclusive infrastructure focus, joined the round, signaling continued venture interest in foundational data infrastructure. They were backed by fellow top-tier VCs Sequoia Capital and Index Ventures, both recognized for partnering with ambitious founders across various sectors. This collective backing highlights the perceived opportunity in securing the digital backbone.
  • Evervault raised $25 million in Series B financing.
  • Kleiner Perkins, a generalist tech VC, invested.
  • Sequoia Capital and Index Ventures also participated.
  • Funding targets internet infrastructure for sensitive data.

Source Intelligence

KEY DETAILS

Evervault has raised $46 million to date. The financing is a Series B round. The mission is to eliminate plaintext sensitive data across the internet. Quote: "With $46 million raised to date, we’re doubling down on our mission to eliminate plaintext sensitive data across the internet." Quote: "Evervault raises $25M Series B to build the internet’s clearing house for sensitive data"

“
Deal Size
We've raised a $25 million Series B.
“
Announcement
March 05, 2026
PARTIES MENTIONED IN SOURCE
E
Evervault developer

"Evervault raises $25M Series B to build the internet’s clearing house for sensitive data"

R
Ribbit Capital investor

"Today, we’re announcing a $25 million Series B led by Ribbit Capital"

S
Sequoia Capital investor

"with continued support from Sequoia Capital"

I
Index Ventures investor

"Index Ventures"

K
Kleiner Perkins investor

"Kleiner Perkins"

N
Next Play Ventures investor

"Next Play Ventures"

O
Operator Partners investor

"and new investors including Operator Partners."

high quality Enriched Mar 9, 2026

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Source

evervault.com
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