CipherStash

Private

SydneyCybersecurityhttps://cipherstash.com/

Last Round

Seed

Oct 18, 2023

Total Funding Raised

$6.3M

Momentum

Top 25%

of companies Caplight tracks

Company Overview

CipherStash is a data security company that provides a platform with queryable encryption technology to keep data encrypted while in use.

Sector

Cybersecurity

Verticals

Data Protection, Cloud Security, Application Security, Compliance & Risk

Business Model

B2B

Customer Profile

Usage-Based SaaS, Subscription SaaS

AI Layer

Infrastructure

Keywords

searchable encryptiondata securitydata-in-use securityconfidential computingfield-level encryptionapplication securityzero trustencryption SDKdata privacy compliancesecurity gatewayusage-based billingSOC 2 compliancedata privacyAI agent securityencryption as a service

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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CipherStash Comps

Public and private peers based on sector, stage, and business model.

CipherStash comps — public and private peers by sector, stage, and business model
Company	Status	Est. Valuation	Rev Multiple
OpenAI	Private	$86.0B	~40x
Cohere	Private	$5.0B	--
Competitor 1	Public	$XX.XB	XXx
Competitor 2	Public	$XX.XB	XXx

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CipherStash Funding Rounds

Historical fundraising activity

Data table
Round	Date	Amount Raised	Valuation	Investors	Sources
Seed	Oct 18, 2023
Seed	Oct 28, 2021

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Key People

Founding team and executive leadership

Dan Draper

CEO And Founder

Founding Team

Valentine Sabulis

CFO

Executive Team

CipherStash Investors

Notable investors and investment history

CipherStash investors
Investor	Rounds
Hacklegacy VC	Pre Seed
Startmate	Seed
Skip Capital	Seed
AirTree	Seed
Black Nova Venture Capital	Pre Seed, Seed
SixThirty Ventures	Seed
Nexus Venture Partners	Seed

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Market signals

Structured signals derived from secondary market and firmographic data.

Apr 19, 2026
Monthly visitors increased 160% MoM.
Apr 1, 2026
Added Amber Electric Pty as a customer in the Energy/Utilities sector.

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CipherStash Filings

SEC and related filings with document metadata.

Data table
Typed	Date	Amount Offered	Amount Sold	Filling	Pages	Download
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CipherStash Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about CipherStash's valuation, stock price, and market status.

Firmographic Details

HeadquartersSydney

Employee Range12

Year Founded2020

Last FundingOct 18, 2023

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