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Baffle

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Baffle - Encryption as a Service; makes data breaches irrelevant by ensuring that data remains encrypted.

Santa Clara, United StatesFounded 2015Cybersecurity
Valuation $100–250M Last recorded · 2021
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Baffle and the history behind them.

About Baffle

Baffle.io is a cutting-edge startup specializing in data-centric security solutions, primarily targeting the healthcare, financial services, and SaaS (Software as a Service) sectors. The company addresses a significant challenge that many organizations face: implementing encryption correctly. Traditional encryption methods can be complex, costly, and prone to failure. Baffle.io simplifies this process by offering application-level encryption on a per-field basis. This means that each piece of data is individually encrypted, providing a higher level of security.

One of Baffle.io's standout features is its ability to perform mathematical operations on AES (Advanced Encryption Standard) encrypted data without ever decrypting it. This ensures that data remains protected whether it is in memory, in use, or at rest. This capability is crucial for organizations that handle sensitive information, such as healthcare records and financial data, as it significantly reduces the risk of data breaches and theft.

Baffle.io also supports Bring Your Own Key (BYOK) functionality, allowing clients to use their own encryption keys. This gives organizations greater control over their data, including the ability to revoke access if necessary. This feature is particularly appealing to companies that need to comply with stringent data protection regulations.

The company operates in the cybersecurity market, focusing on data protection and encryption. Its business model revolves around providing subscription-based services to its clients. Baffle.io generates revenue through these subscriptions, offering various tiers of service depending on the client's needs. The company also collaborates with other technology providers, such as AWS (Amazon Web Services), to integrate its encryption solutions into broader platforms.

In summary, Baffle.io offers a simplified, yet highly secure, encryption solution that protects sensitive data across various industries. Its innovative approach to data security, combined with its flexible BYOK feature, makes it a valuable partner for organizations looking to safeguard their information.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2015
Headquarters
Santa Clara, United States
Employees
30
Open positions
None listed
Dealroom signal
61.6/100
Industry
Security, Enterprise Software
Sub-industry
Data protection
Sector
Encryption, Analytics, Search Engine, Cybersecurity
Business model
SaaS
Client focus
b2b

Funding history

6 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SERIES B✓Equity / VC Aug 2021 $20M $80M True Ventures · Greenspring Associates · Thomvest Ventures · Nepenthe Capital —
OtherOther financing Mar 2021 $0 — Alumni Ventures —
Showing the latest 2 of 6 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023
2022
2021
2020 —
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Growth signals

Baffle website traffic

Latest recorded traffic for Baffle is 3.2K monthly website visits, down 36% over the last three months. Baffle's team declined 6.3% over the past year.

Latest monthly visits3.2K 3-month web change-36% 1-year team growth-6.3%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

16 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed1 investor entered at this stage

  • Engineering Capital

Series A13 investors entered at this stage

Other known investors2 additional known investors

  • Towerview Ventures
  • Umesh Padval
Team profiled 11 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 3 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇺🇸 United States52.9%
🇮🇳 India29.4%
🇩🇪 Germany5.9%
🇬🇧 United Kingdom5.9%
🇳🇿 New Zealand5.9%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Baffle on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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