# ZenGo

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

> Next-generation crypto wallet secured by MPC, eliminating seed phrase vulnerability.

## About

ZenGo is a cryptocurrency wallet that prioritizes security and user experience. It utilizes Multi-Party Computation (MPC) technology to eliminate the risk associated with traditional seed phrases, ensuring that no single point of failure exists. This approach has resulted in zero reported hacks or takeovers since its founding.

## Key facts

- **Slug:** zengo
- **Website:** https://zengo.com
- **Location:** Tel Aviv, Israel
- **Founded:** 2017-12-20 00:00:00
- **Employees:** 46
- **Operating status:** Active
- **Total funding:** $47M
- **Sectors / tags:** Crypto, Wallet, NFT, Web3, Fintech, DeFi, Crypto Exchange, Security, Consumer App
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/zengo/
  - Twitter: https://www.twitter.com/zengo
  - GitHub: https://github.com/Zengo-X
  - Facebook: https://www.facebook.com/ZengoWallet

## Frequently asked

### What does ZenGo do?

ZenGo is a cryptocurrency wallet that prioritizes security and user experience. It utilizes Multi-Party Computation (MPC) technology to eliminate the risk associated with traditional seed phrases, ensuring that no single point of failure exists. This approach has resulted in zero reported hacks or takeovers since its founding.

### What is ZenGo's valuation?

StartupHub estimates ZenGo's effective valuation at $192.2M (range $117.5M to $282.0M, 16% confidence), based on comparable companies in the sector.

### How much funding has ZenGo raised?

ZenGo has raised a total of $47M in funding. The most recent round on record is Strategic.

### Where is ZenGo headquartered?

ZenGo is headquartered in Tel Aviv, Israel.

### When was ZenGo founded?

ZenGo was founded in 2017.

### What industry does ZenGo operate in?

ZenGo operates in Crypto, Wallet, NFT, Web3, Fintech, DeFi.

### How many employees does ZenGo have?

ZenGo has approximately 46 people on record.

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