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Sitehop

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Hardware-enforced, quantum-resistant encryption for high-speed networks

Sheffield, United KingdomFounded 2021Cybersecurity
Valuation $50–100M Last recorded · 2025
Revenue <$1M 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 Sitehop and the history behind them.

About Sitehop

Sitehop is a cybersecurity company founded in Sheffield, UK, in 2021 by CEO Melissa Chambers and CTO Ben Harper. The company specializes in developing hardware-based encryption solutions designed to protect high-speed networks against current and future cyber threats, including those from quantum computing.

Sitehop addresses the performance bottlenecks associated with traditional software-based encryption, which often introduces latency and slows down communication networks. The firm's core technology utilizes Field Programmable Gate Arrays (FPGAs) to perform encryption in hardware, delivering ultra-low latency, high throughput, and increased energy efficiency. This hardware-first approach is designed to be crypto-agile, allowing for seamless adaptation to new encryption standards as they emerge.

The company's flagship product line, the SAFEseries, offers scalable, quantum-ready encryption for data in motion. Products like the SAFEblade 1100 can handle 100Gbps of data throughput with sub-microsecond latency and support thousands of secure tunnels simultaneously. This makes the technology suitable for demanding environments such as telecommunications, data centers, financial services, and critical national infrastructure. Sitehop's solutions are engineered to be significantly more energy-efficient, consuming up to 90% less power than software alternatives.

Since its founding, Sitehop has secured significant funding to fuel its growth and international expansion. After an initial NPIF-backed investment in 2023, the company raised £5 million in a seed round in February 2024 and a further £7.5 million in a Series A round in October 2025, bringing its total funding to over £13 million. Key investors include Northern Gritstone, Amadeus Capital Partners, Manta Ray, and Mercia Ventures. The company has engaged in major partnerships, including a successful proof-of-concept trial with BT at its advanced Gemini test facility, and its technology is live with a tier-one carrier across five countries.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
Sheffield, United Kingdom
Employees
35
Open positions
None listed
Dealroom signal
84.0/100
Industry
Security
Sub-industry
Data protection
Sector
Communications Infrastructure, Encryption, Cybersecurity, Post-Quantum Era Encryption, Woman Founder, NIF defense security and resilience
Technology
Hardware, Deep Tech, Quantum Technologies, IoT InternetOfThings
Business model
SaaS
Client focus
b2b

Funding history

4 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VC✓Equity / VC Oct 2025 $9.9M $40M Amadeus Capital Partners · Northern Powerhouse Investment Fund · Northern Gritstone · Mercia Asset Management ↗
GRANT✓Other financing Jul 2025 $0 — South Yorkshire Mayoral Authority ↗
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Financials

Revenue over time

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

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

Sitehop website traffic

Latest recorded traffic for Sitehop is 700 monthly website visits, down 50% over the last three months. Sitehop's team grew 6.1% over the past year.

Latest monthly visits700 3-month web change-50% 1-year team growth+6.1%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

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

Investors

11 investors on the cap table

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

Seed7 investors entered at this stage

  • Northern Powerhouse Investment Fund
  • Mercia Asset Management
  • Amadeus Capital Partners
  • Manta Ray Ventures
  • Illia Polosukhin
  • Rick Lazansky
  • South Yorkshire Mayoral Authority

Series A1 investor entered at this stage

  • Northern Gritstone

Other known investors3 additional known investors

  • Grow London
  • Mercia Ventures
  • TEAM SY
Team profiled 5 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
2 countries with
team presence
🇬🇧 United Kingdom96%
🇧🇷 Brazil4%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Sitehop 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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