Fhenix

FhenixFhenix
Fhenix

Fhenix

Confidential blockchain powered by fully homomorphic encryption for encrypted smart contracts and computation.

DR 472023Active64New York, United States
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About

Fhenix is building the future of private DeFi on Ethereum using Fully Homomorphic Encryption (FHE). Their core product, CoFHE, is an FHE Coprocessor that enables confidential smart contracts and encrypted computation directly on encrypted data without trusted hardware. This allows developers to integrate privacy into existing EVM-compatible blockchains with standard tools like Solidity, serving DeFi applications, asset tokenization, and AI models.
Frequently asked

What does Fhenix do?

Fhenix is building the future of private DeFi on Ethereum using Fully Homomorphic Encryption (FHE). Their core product, CoFHE, is an FHE Coprocessor that enables confidential smart contracts and encrypted computation directly on encrypted data without trusted hardware. This allows developers to integrate privacy into existing EVM-compatible blockchains with standard tools like Solidity, serving DeFi applications, asset tokenization, and AI models.

What is Fhenix's revenue?

StartupHub estimates Fhenix's annual revenue at $5.8M (range $4.0M to $9.4M, 63% confidence), based on comparable companies in the sector.

What is Fhenix's valuation?

StartupHub estimates Fhenix's effective valuation at $89.3M (range $55.0M to $132.0M, 14% confidence), based on comparable companies in the sector.

How much funding has Fhenix raised?

Fhenix has raised a total of $22M in funding. The most recent round on record is Series A.

Where is Fhenix headquartered?

Fhenix is headquartered in New York, United States.

When was Fhenix founded?

Fhenix was founded in 2023.

What industry does Fhenix operate in?

Fhenix operates in Blockchain, Encryption, Smart Contract, Fintech, Web3, Privacy-Preserving Smart Contracts.

How many employees does Fhenix have?

Fhenix has approximately 64 people on record.

HEADCOUNT
64
DOMAIN RATING
47
New entrants in Encryption
Last 90 days
3
New entrants
1.0
Per month
0.2
Per week

An entrant is a company tagged Encryption whose domain was first registered in the window, counted from registry records in the StartupHub directory. Registry detection runs two to three weeks behind registration, so recent weeks are a floor.

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