# Qrypt

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

> Quantum-powered cybersecurity solutions providing unbreakable encryption and quantum entropy for data protection.

## About

Qrypt is a cybersecurity company that leverages quantum technology to provide enhanced data security. They focus on generating true randomness from quantum sources to create stronger encryption keys and improve the security of data at rest and in transit. Their technology is integrated into key management systems and other security solutions to offer a more robust defense against advanced threats.

## Key facts

- **Slug:** qrypt
- **Website:** https://www.qrypt.com
- **Location:** New York, United States
- **Founded:** 2019-01-01
- **Operating status:** Active
- **Total funding:** $50M
- **Sectors / tags:** Cybersecurity, Quantum Technology, Data Security, SaaS
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/qrypt
  - Twitter: https://x.com/qryptinc
  - GitHub: https://github.com/newrelic

## Frequently asked

### What does Qrypt do?

Qrypt is a cybersecurity company that leverages quantum technology to provide enhanced data security. They focus on generating true randomness from quantum sources to create stronger encryption keys and improve the security of data at rest and in transit. Their technology is integrated into key management systems and other security solutions to offer a more robust defense against advanced threats.

### What is Qrypt's revenue?

StartupHub estimates Qrypt's annual revenue at $56.8M (range $44.1M to $108.6M, 49% confidence), based on comparable companies in the sector.

### What is Qrypt's valuation?

StartupHub estimates Qrypt's effective valuation at $180.8M (range $92.3M to $247.8M, 51% confidence), based on comparable companies in the sector.

### How much funding has Qrypt raised?

Qrypt has raised a total of $50M in funding. The most recent round on record is Series A.

### Where is Qrypt headquartered?

Qrypt is headquartered in New York, United States.

### When was Qrypt founded?

Qrypt was founded in 2019.

### What industry does Qrypt operate in?

Qrypt operates in Cybersecurity, Quantum Technology, Data Security, SaaS.

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