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Enigma Project

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Enigma is building a privacy layer for the decentralized web. Its protocol enables scalable, end-to-end decentralized applications

United StatesFounded 2015Other B2B Software
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Enigma Project

Enigma, founded at MIT in 2015, specializes in developing privacy-focused technologies for blockchains, smart contracts, and the decentralized web. The company is a core contributor to the Secret Network, a unique blockchain-based network that allows computations to be performed on encrypted data, ensuring privacy and security. Enigma's mission is to enhance the adoption and usability of privacy-first products, benefiting a wide range of users and industries.

Enigma serves developers, businesses, and organizations that require secure and private data handling solutions. Operating in the blockchain and decentralized technology market, Enigma's business model revolves around building and supporting privacy-focused technologies and networks. The company generates revenue through contributions to the Secret Network and by providing advanced privacy solutions to its clients.

Enigma's technologies ensure that all data used for computations remains encrypted and secure, offering more value, opportunity, and usability. By focusing on privacy, scalability, and usability, Enigma aims to secure the future of the web and promote the global adoption of decentralized technologies.

Source: Dealroom company data

At a glance

Founded
2015
Headquarters
United States
Sector
Other B2B Software

Investors

3 investors on the cap table

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

Series A3 investors entered at this stage

Team profiled 2 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 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
🇮🇱 Israel44.4%
🇪🇸 Spain11.1%
🇺🇸 United States11.1%
🇬🇪 Georgia11.1%
🇨🇦 Canada11.1%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Enigma Project 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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