NEWCaplight raises a $16M Series A, led by BlackRock and Fin Capital →
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Phase

Phase

Private
United StatesAI, Data & Cloud Infrastructurehttps://phase.dev/

Last Round

Pre Seed

Jul 27, 2025

Company Overview

Phase is a software company that provides an open-source, end-to-end encrypted platform for managing and deploying application secrets and environment variables.

Sector

AI, Data & Cloud Infrastructure

Verticals

DevOps & Containers, Cloud Security, Data Protection, Identity & Access

Business Model

B2B

Customer Profile

Subscription SaaS, Freemium

AI Layer

Application

Keywords

secret managementenvironment variablesconfiguration managementsecrets managerdevops toolscredential managementCI/CD integrationdeveloper toolsRBACrole-based access controlSSOsingle sign-oncloud securitysecret injectionAI agent securityconfig orchestration

Historical Pricing

Historical view of private secondary pricing and transaction trends.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Phase Comparables

Compare Phase with similar companies based on industry and business-model similarity.

Phase comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Onboardbase
91%
Infisical
86%
Keystone
82%

Phase Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Pre SeedJul 27, 2025

Market signals

Structured signals derived from secondary market and firmographic data.

  • Mar 1, 2026

    Monthly visitors increased 51% MoM.

  • May 1, 2025

    Monthly visitors increased 45% MoM, reaching 4.5K.

Phase Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Phase Filings

SEC and related filings with document metadata.

Frequently Asked Questions

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

Firmographic Details

HeadquartersUnited States
Employee Range2
Year FoundedN/A
Last FundingJul 27, 2025

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