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Zama - About the company

Zama is a series B company based in Paris (France), founded in 2019 by Rand Hindi. It operates as a Developer of fully homomorphic encryption solutions for blockchain privacy applications. Zama has raised $150M in funding from investors like Pantera Capital, Multicoin Capital and Blockchange, with a current valuation of $1B. The company has 129 active competitors, including 28 funded and 2 that have exited. Its top competitors include companies like CertiK, Certora and SOOHO.

Sectors and market segments that Zama operate in

Zama serves in the High Tech, Blockchain Technology market segments.The primary business model of Zama are:

Company Details

Developer of fully homomorphic encryption solutions for blockchain privacy applications. The technology enables the processing and computation of data while remaining in an encrypted state, allowing for private transactions and operations on public ledgers. By integrating encryption directly into the protocol layer, the platform allows institutions to conduct decentralized finance activities, token distributions, and payroll services without exposing sensitive balance sheet information or transaction details to the public. The system utilizes access control lists and selective disclosure features to ensure compliance and auditability while maintaining user confidentiality.
Social
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Email ID
*****@zama.org
Key Metrics
Founded Year
2019
Location
Paris, France
Stage
Series B
Total Funding
$150M in 2 rounds
Latest Funding Round
Post Money Valuation
$1B as on Jun 25, 2025
Ranked
Employee Count
236 as on Jun 30, 2026
Investment & Acquisitions
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Zama's funding and investors

Zama has raised a total funding of $150M over 2 rounds. Its first funding round was on Mar 07, 2024. Its latest funding round was a Series B round on Jun 25, 2025 for $57M. 2 investors participated in its latest round. Zama has 12 institutional investors and 5 angel investors.

Here is the list of recent funding rounds of Zama:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jun 25, 2025
$57M
Series B
-
-
-
Mar 07, 2024
$73M
Series A
-
-
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Zama's founders and board of directors

Founder? Claim Profile
The founders of Zama is Rand Hindi. Rand Hindi is the CEO of Zama.
Here are the details of Zama's key team members:

Zama's employee count trend

Zama has 236 employees as of Jun 26. Here is Zama's employee count trend over the years:
Employee count trend for Zama
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Zama's Competitors and alternates

Top competitors of Zama include CertiK, Certora and SOOHO. Here is the list of Top 10 competitors of Zama, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for CertiK
CertiK
2017, New York City (United States), Series B
Provider of blockchain security auditing and formal verification software solutions
$296M
75/100
2nd
Logo for Certora
Certora
2012, Tel Aviv (Israel), Series B
Developer of formal verification tools for smart contract security audits
$43.2M
60/100
3rd
Logo for Zama
Zama
2019, Paris (France), Series B
Developer of fully homomorphic encryption solutions for blockchain privacy applications
$150M
59/100
4th
Logo for SOOHO
SOOHO
2018, Seoul (South Korea), Series A
Blockchain-based enterprise financial infrastructure solutions and related services
$9M
53/100
5th
Logo for CredShields
CredShields
2021, Singapore (Singapore), Seed
AI-powered application security platform for continuous penetration testing and compliance
$1.8M
53/100
6th
Logo for Forta
Forta
2016, Lausanne (Switzerland), Series B
Provider of onchain security monitoring and transaction prevention
$23M
52/100
7th
Logo for BlockSec
BlockSec
2013, China, Seed
Smart contract audit tool and services
$8M
51/100
8th
Logo for Quantstamp
Quantstamp
2017, San Francisco (United States), Seed
Smart contract security solutions and services
$1.43M
50/100
9th
Logo for TestMachine
TestMachine
2022, Ann Arbor (United States), Series A
AI-enabled platform for blockchain security
$6.5M
49/100
10th
Logo for CUBE3
CUBE3
2022, Palo Alto (United States), Series A
Provider of real-time fraud prevention solutions for financial systems and platforms
$27.9M
47/100
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Zama's Investments and acquisitions

Zama has made 1 investment in Zaiffer and acquired TokenOps and Kakarot.
Here is the list of these investments and acquisitions:
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
May 20, 2026
Acquisition
2022
-
Nov 12, 2025
Investments
2024
Paris (France)
Nov 05, 2025
Acquisition
2023
Paris (France)
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Reports related to Zama

Here is the latest report on Zama's sector:

News related to Zama

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Media has covered Zama for a total of 10 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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