Qrypt

Qrypt

Provides quantum-based data encryption solutions

About

Qrypt provides advanced data encryption solutions that utilize quantum-based techniques to protect data from the threats posed by quantum computing. The main product offered is a software development kit (SDK) that allows developers to easily integrate post-quantum security into their applications. This makes it suitable for a variety of clients, including those in finance, healthcare, government, and technology, who prioritize data security. What sets Qrypt apart from its competitors is its focus on creating a cryptographic solution that can secure data indefinitely, supported by exclusive partnerships and investments in quantum hardware. Additionally, Qrypt provides comprehensive documentation on platforms like GitHub, making it easier for developers to implement their technology. The goal of Qrypt is to ensure data privacy in the quantum era by offering robust security solutions that protect against future threats.

Company Stage

N/A

Employees

11-50

Industries

Cybersecurity, AI & Machine Learning

Total Funding

$849K

Headquarters

New York City, New York

Founded

2017


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Simplify's Take

What believers are saying

  • Qrypt's technology secures AI clusters, preventing encryption keys from network transmission.
  • Partnerships with organizations like Carahsoft expand Qrypt's reach to federal agencies.
  • Qrypt's board includes experienced executives like Roger Biscay and Steven Silberstein.

What critics are saying

  • Quantum computing advancements could outpace Qrypt's current encryption solutions.
  • Dependence on partnerships may limit Qrypt's control over its technology development.
  • The cybersecurity market is highly competitive, with many firms offering encryption solutions.

What makes Qrypt unique

  • Qrypt offers quantum-resistant encryption solutions, safeguarding data against future quantum threats.
  • The company provides an SDK for easy integration of post-quantum security into applications.
  • Qrypt's exclusive partnerships with U.S. National Labs enhance its cryptographic capabilities.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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