About CipherStash
CipherStash is a company based in Australia founded in 2020 by Dan Draper.. CipherStash has raised $6.38 million across 3 funding rounds from investors including Nexus Venture Partners, Skip Capital and SixThirty. CipherStash offers products and services including Protect.js, CipherStash Proxy, CipherStash for DynamoDB, and ZeroKMS. CipherStash operates in a competitive market with competitors including Proton, Dropbox, StrongDM, QueryPie and Vaultree, among others.
- Headquarter Australia
- Founders Dan Draper
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Cipherstash Pty Ltd
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$6.38 M (USD)
in 3 rounds
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Latest Funding Round
$3 M (USD), Seed
Aug 18, 2023
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Investors
Nexus Venture Partners
& 7 more
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Employee Count
Employee Count
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Products & Services of CipherStash
CipherStash offers a comprehensive portfolio of products and services, including Protect.js, CipherStash Proxy, CipherStash for DynamoDB, and ZeroKMS. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
NPM package for encrypting and searching sensitive data securely.
Encrypts data in PostgreSQL while maintaining searchability.
Offers trusted data access for DynamoDB encryption needs.
Handles bulk encryption operations for scalable data security.
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Funding Insights of CipherStash
CipherStash has successfully raised a total of $6.38M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $3 million completed in August 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Seed — $3.0M
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First Round
First Round
(06 Oct 2021)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2023 | Amount | Seed - CipherStash | Valuation | Skip Capital | |
| Oct, 2021 | Amount | Seed - CipherStash | Valuation | AirTree | |
| Oct, 2021 | Amount | Seed - CipherStash | Valuation | Startmate |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in CipherStash
CipherStash has secured backing from 8 investors, including venture fund investors. Prominent investors backing the company include Nexus Venture Partners, Skip Capital and SixThirty. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Tech-focused VC firm primarily investing in early to late-stage startups
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Founded Year | Domain | Location | |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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Venture capital firm that partners with entrepreneurs for product-first companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by CipherStash
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - CipherStash
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Cipherstash Comparisons
Competitors of CipherStash
CipherStash operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Proton, Dropbox, StrongDM, QueryPie and Vaultree, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Encrypted digital services are provided by Proton for privacy-focused users.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Cloud-based solutions for database security and access management are offered.
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| domain | founded_year | HQ Location |
Cloud-based database administration and security solutions are offered.
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| domain | founded_year | HQ Location |
Data-in-use encryption is developed for secure processing and sharing.
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| domain | founded_year | HQ Location |
Data encryption solution provider
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Cipherstash
Frequently Asked Questions about CipherStash
When was CipherStash founded?
CipherStash was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is CipherStash located?
CipherStash is headquartered in Australia.
Who is the current CEO of CipherStash?
Dan Draper is the current CEO of CipherStash. They have also founded this company.
Is CipherStash a funded company?
CipherStash is a funded company, having raised a total of $6.38M across 3 funding rounds to date. The company's 1st funding round was a Seed of $75K, raised on Oct 06, 2021.
What does CipherStash do?
Data security and encryption platform. The products offered by the company use queryable encryption technology that keeps data encrypted. The platform also enables access controls and visualizes information on the sensitive data accesses when the data leaves the core systems. It provides integration over existing databases, data lakes, and data warehouses via a drop-in driver replacement. Risk assessment, data breach detection, and prevention are some of its features.
Who are the top competitors of CipherStash?
What products or services does CipherStash offer?
CipherStash offers Protect.js, CipherStash Proxy, CipherStash for DynamoDB, and ZeroKMS.
Who are CipherStash's investors?
CipherStash has 8 investors. Key investors include Nexus Venture Partners, Skip Capital, SixThirty, AirTree, and Uncorrelated Ventures.
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