# Fhenix

**Source:** https://www.startuphub.ai/startups/fhenix
**Profile type:** Startup

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

## 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.

## Key facts

- **Slug:** fhenix
- **Website:** https://www.fhenix.io/
- **Location:** New York, United States
- **Founded:** 2023-07-20 00:00:00
- **Employees:** 64
- **Operating status:** Active
- **Total funding:** $22M
- **Sectors / tags:** Blockchain, Encryption, Smart Contract, Fintech, Web3, Privacy-Preserving Smart Contracts, Zero-Knowledge AI, Developer Tools, API Platform
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/fhenix/
  - Twitter: https://x.com/fhenix
  - GitHub: https://github.com/fhenixprotocol

## 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.

## JSON-LD

Structured data aligned with this page's `<script type="application/ld+json">` (included when the profile is server-rendered).

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://www.startuphub.ai"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Startups",
          "item": "https://www.startuphub.ai/startups"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Fhenix",
          "item": "https://www.startuphub.ai/startups/fhenix"
        }
      ]
    },
    {
      "@type": "ProfilePage",
      "@id": "https://www.startuphub.ai/startups/fhenix#webpage",
      "url": "https://www.startuphub.ai/startups/fhenix",
      "name": "Fhenix - AI Startup Profile | StartupHub.ai",
      "description": "This is the official profile of Fhenix. Fhenix is a startup founded in 2023, operating in Blockchain and Encryption. Confidential blockchain powered by fully homomorphic encryption for encrypted smart contracts and computation. Headquartered in New York, United States. The company has approximately 64 employees.",
      "dateModified": "2026-07-01T09:30:43.137864+00:00",
      "mainEntity": {
        "@id": "https://www.startuphub.ai/startups/fhenix#organization"
      }
    },
    {
      "@type": "Organization",
      "@id": "https://www.startuphub.ai/startups/fhenix#organization",
      "name": "Fhenix",
      "url": "https://www.fhenix.io/",
      "logo": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/38175f01-9046-46d3-a72b-991b2e9f0d0f-square.webp",
      "image": "https://cdn.startuphub.ai/storage/v1/object/public/entity-images/logos/38175f01-9046-46d3-a72b-991b2e9f0d0f-square.webp",
      "description": "This is the official profile of Fhenix. Fhenix is a startup founded in 2023, operating in Blockchain and Encryption. Confidential blockchain powered by fully homomorphic encryption for encrypted smart contracts and computation. Headquartered in New York, United States. The company has approximately 64 employees.",
      "sameAs": [
        "https://www.linkedin.com/company/fhenix/",
        "https://x.com/fhenix",
        "https://github.com/fhenixprotocol",
        "https://www.startuphub.ai/startups/fhenix"
      ],
      "foundingDate": "2023-07-20 00:00:00",
      "numberOfEmployees": {
        "@type": "QuantitativeValue",
        "value": 64
      },
      "address": {
        "@type": "PostalAddress",
        "addressLocality": "New York",
        "addressCountry": "US"
      },
      "knowsAbout": [
        "Blockchain",
        "Encryption",
        "Smart Contract",
        "Fintech",
        "Web3",
        "Privacy-Preserving Smart Contracts",
        "Zero-Knowledge AI",
        "Developer Tools",
        "API Platform"
      ]
    }
  ]
}
```