EEvervault provides a developer platform that encrypts and orchestrates sensitive data so apps can collect, process, share, and enrich it without handling plaintext. It combines encryption with a payments stack—including 3D-Secure, network tokens, and card enrichment—in a single integration to simplify PCI DSS compliance and avoid gateway lock-in. The system routes encrypted data across thousands of bank integrations to enable tokenized, secure processing at scale. Its goal is to expand its encryption infrastructure and grow engineering and product teams to broaden adoption and support large-scale payment and data workflows.
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Industries
Company Size
11-50
Company Stage
Series B
Total Funding
$44.2M
Headquarters
Dublin, Ireland
Founded
2019
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Total Funding
$44.2M
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Funded Over
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Evervault's Browser Tokens solve credential theft. The banks weren't worried about credential theft. The Money20/20 launch lets agents pay without exposing card data and without any bank or merchant adoption. The same product page markets anti-bot features that help agents slip past detection - the behavior this week's bank lockouts named. Tessa Vaughn Forkast mind | 2026-10-20 2:18 PM PDT Evervault launched Browser Tokens at Money20/20 Las Vegas on October 20, 2026, positioning the product as a technical workaround for the friction currently stalling agentic commerce. The core promise is simple: by replacing sensitive card numbers, CVVs, and passwords with format-preserving stand-ins, the company aims to prevent credential exposure. However, the product arrives at a moment when the primary barrier to adoption is not just data security, but the fundamental question of agent identity. The mechanics of the stand-in. The mechanism relies on short-lived, Luhn-valid, and BIN-preserving values that allow merchant forms to process data without modification. When a developer integrates the service, Evervault's browser proxy swaps the real value into the transaction only at allowlisted hosts - and nowhere else. These permissions, including the host allowlist and a default 15-minute time-to-live, are locked at the moment of token creation and cannot be expanded. Because no token-to-value mapping is stored, the agent, the browser, and the logs remain outside of PCI scope, with the compliance burden resting on Evervault. Pricing is set at $0.25 per card session and $0.05 per credential session, with Ramp and Natural named as launch users. The product is designed to bypass the slow-moving consensus required by traditional card networks. As the company notes, Visa Intelligent Commerce and Mastercard Agent Pay require both the bank and the merchant to support the protocols, a hurdle that remains significant. Browser Tokens, by contrast, require no such adoption. As the product page states, the merchant sees a normal sign-in and a normal card payment. Anti-detection versus verification. This ease of integration creates a distinct tension. While the product shields credentials, it also markets features such as residential IPs, standard Chrome network fingerprints, and anti-bot avoidance tools. These features are intended to ensure an agent is not turned away by merchant fraud checks. Yet, this is the exact behavior that triggered the recent wave of bank lockouts. Between October 13 and 16, 2026, institutions including JPMorgan, Schwab, BofA, and Citi implemented hard blocks against third-party agents. Wells Fargo even updated its Online Access Agreement to shift liability for agent transactions directly to the customer.
Evervault has launched Browser Tokens, which let AI agents and browser automations make purchases and log in to accounts without seeing card details, passwords or personal data. The company announced the product at Money20/20 in Las Vegas on October 20, 2026. The tokens are short-lived and keep the format of the original data, so they pass standard checkout checks. The real value is restored only when a request passes through Evervault's browser proxy to a destination the developer has approved. The product works with Playwright-based environments and hosted browsers such as Browserbase, and does not require merchants to adopt new checkout standards. Ramp and Natural are among the first customers. Browser Tokens are live now, and new developers can start for free.
LTVX.ai x Evervault: helping merchants build secure and resilient payment infrastructures. LTVX is excited to partner with Evervault - a leading payments security platform that enables businesses to securely collect, store, and process sensitive payment data while maintaining flexibility and control across their payment stack. About Evervault. As payment ecosystems become increasingly complex, merchants are under growing pressure to balance security, compliance, performance, and flexibility. Managing sensitive payment data across multiple providers while maintaining PCI compliance can create significant operational challenges and limit a merchant's ability to optimize payment performance. Evervault helps businesses address these challenges by providing secure infrastructure for handling cardholder data, enabling merchants to build flexible payment architectures without compromising on security or compliance. The Evervault platform helps merchants: -Secure sensitive payment data through advanced encryption and tokenization technologies Protects cardholder data throughout its lifecycle, helping merchants reduce risk while maintaining full control over their payment infrastructure. - Reduce PCI compliance complexity and operational burden Simplifies the process of managing and securing payment data, allowing teams to focus on growth rather than compliance overhead. -Enable multi-processor payment strategies without vendor lock-in Provides merchants with the flexibility to work across multiple processors, gateways, and payment providers while maintaining ownership of their payment data. - Support network tokenization to improve payment performance Helps merchants leverage network tokens to increase authorization rates, reduce declines, and improve customer payment experiences. -Maintain greater control and portability of card data Ensures merchants retain ownership of their payment credentials, making it easier to optimize routing strategies and adapt to changing business requirements. - Build secure payment workflows while preserving a seamless customer experience Delivers strong security controls without introducing unnecessary friction into the checkout experience. - And more Provides additional capabilities that help businesses build secure, scalable, and future-ready payment operations. The LTVX.ai x Evervault collaboration. In this partnership, its team leverages Evervault's security infrastructure to support merchants with flexible routing strategies, intelligent payment optimization, and resilient multi-provider payment architectures. Together, LTVX is helping businesses strengthen payment security, maintain greater control over their payment data, and build payment ecosystems that maximize performance without sacrificing compliance or customer experience. By combining Evervault's security capabilities with LTVX.ai's payment optimization technology, LTVX is enabling merchants to operate with greater confidence across their entire payments ecosystem while unlocking new opportunities for revenue growth.
Company was founded by Irishman Shane Curran
Irish-founded startup Evervault raises €21 million to advance encrypted data orchestration. March 5, 2026 Evervault, a New York and Dublin-based developer-first platform for encrypting and orchestrating sensitive data, today announced it has raised €21 million ($25 million) Series B financing to expand its encryption infrastructure, invest in product development and grow its engineering and product teams. The round was led by Ribbit Capital with participation from Sequoia Capital and Index Ventures. The round brings Evervault's total funding to €39 million ($46 million). "Most compliance frameworks assume sensitive data will exist in plaintext somewhere, but with automated, high-velocity data, that's a liability," says Shane Curran, founder and CEO of Evervault. Evervault's €21 million Series B comes amid continued investment in encryption, digital trust and security infrastructure startups across Europe. Recent examples include Zama in Paris, which raised €49 million to advance fully homomorphic encryption for encrypted computation and confidential smart-contract execution, and Evertrust, also based in Paris, which secured €10 million in Series A funding to scale its sovereign PKI and certificate lifecycle management platform. In Austria, Quantum Industries raised €9.5 million to commercialise quantum-secure communications technology for critical infrastructure networks. Earlier-stage funding rounds include Dublin-based Mirror Security, which raised €2.1 million to develop encryption technology aimed at securing AI systems, notably placing it in the same country as Evervault, and Zurich-based Soverli, which secured €2.2 millionto build a sovereign smartphone security layer designed to maintain operational security even if the underlying mobile OS is compromised. Meanwhile, Antwerp-based XFA raised €1.5 million to expand its cybersecurity platform for identifying unmanaged devices in hybrid workplaces. Together, these rounds represent roughly €74 million in funding flowing into encryption and cybersecurity infrastructure startups in 2025-2026, indicating investor interest in technologies that enable secure data processing, digital trust frameworks and privacy-preserving computation. "At Evervault, we believe sensitive data should be treated like hazardous material. Systems must be designed so it isn't touched in the first place. We're building the Internet's trust layer, embedding encryption directly into the application architecture so it stays encrypted by default, not by policy alone," adds Shane. Founded in 2019, Evervault enables companies to encrypt and orchestrate sensitive data without ever handling it in plaintext. The company's card payments solution combines encryption with 3D-Secure authentication, network tokens and card data enrichment in a single integration. The company has gained traction in card payments and serves hundreds of global customers, including CarTrawler, Overwolf, Ramp and Rippling. The world's data footprint is on track to reach more than 527 zettabytes by 2029, with total global data volumes doubling roughly every three years. Yet, Evervault says enterprises still struggle to understand where sensitive data lives, how it is being used and who has access to it. Generative AI and agentic workflows have further compounded this growth, making it even more difficult for organisations to keep pace with data protection and compliance. With a goal of becoming the Internet's clearing house for sensitive data, Evervault has initially focused on card payments, one of the most regulated and complex data categories. Over the past year, the company has reportedly achieved more than four times YoY revenue growth and processed over €4.2 billion ($5 billion) in transaction volume, generating over 100 million encrypted tokens each month. Through over 7,000 integrations with banks and financial institutions, customers can collect, process and route card data without it touching their own infrastructure. Evervault also streamlines Payment Card Industry (PCI) compliance by allowing companies to build a secure, unified payment orchestration layer through a single integration. On average, customers cut PCI DSS (Data Security Standard) compliance costs by €86k ($100k), achieve compliance 95% faster, and ship secure payment systems in days rather than weeks. "The amount of sensitive data flowing through digital systems is exploding, and every company now has to figure out how to handle it safely," says Justin Saslaw, general partner at Ribbit Capital. "This is a massive, global problem that touches nearly every industry. Evervault is building the core infrastructure to move and process that data securely, turning a major compliance burden into a foundation for faster innovation."
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Industries
Company Size
11-50
Company Stage
Series B
Total Funding
$44.2M
Headquarters
Dublin, Ireland
Founded
2019
Find jobs on Simplify and start your career today
Don't see your dream role? Check out thousands of other roles on Simplify.Browse all jobs