Opaque Systems
PrivateLast Round
Series B
Feb 12, 2026
Est. Valuation
$300M
Total Funding Raised
$55.5M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Opaque Systems operates in AI, Data & Cloud Infrastructure and is based in San Francisco, California. Its latest recorded funding round was a Series B round in February 2026.
Opaque Systems is a software company that provides a confidential AI platform for multi-party analytics and AI on sensitive data.
Sector
AI, Data & Cloud Infrastructure
Verticals
Data Protection, Cloud Security, Compliance & Risk, Data Governance
Business Model
B2B
Customer Profile
Subscription SaaS, Usage-Based SaaS
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Opaque Systems Comparables
Compare Opaque Systems with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Confidential | 85% | |
| Anjuna Security | 82% | |
| Cape | 80% |
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Opaque Systems Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Feb 12, 2026 | ||||
| Series A | Jun 28, 2022 | ||||
| Seed | Jul 7, 2021 |
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Key People
Founding team and executive leadership
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Opaque Systems Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Race Capital | Series A, Series B, Seed |
| Advanced Technology Research Council | Series B |
| Walden Catalyst | Series A, Series B |
| Intel Capital | Series A, Series B, Seed |
| Storm Ventures | Series A, Series B |
| Factory | Series A, Seed |
| CRV | Series A |
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Market signals
Structured signals derived from secondary market and firmographic data.
- Aug 3, 2026
Open roles increased to 42, representing 89% of headcount.
- Jul 20, 2026
Open roles increased to 41, representing 87% of headcount.
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Recent news
Latest coverage and updates
- licenses_technologyOct 14, 2026
Anthropic Limited licenses Opaque technology and hires some, but not all, of its employees, gaining access to expertise in protecting sensitive data during processing.
- launchesSep 9, 2026
Opaque introduces Weight Custody Manifest (WCM), an open standard and developer-preview SDK that gives AI builders verifiable control over when and where model weights unlock on customer-controlled infrastructure, in California on Sep 9th '26.
- launchesSep 9, 2026
Opaque introduces Weight Custody Manifest, an open standard and developer-preview SDK that gives AI builders verifiable control over when and where model weights unlock on customer-controlled infrastructure, in California on Sep 9th '26.
- launchesAug 25, 2026
Opaque first introduces TRACE, an open, portable, hardware-enforced governance record for AI agents and other confidential workloads, at the Confidential Computing Summit in Jun '26.
- is_developingAug 10, 2026
Opaque is developing Confidential AI infrastructure to help enterprises use sensitive data in AI, enforce policies during execution, and provide verifiable evidence of data processing on Aug 11th '26.
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Opaque Systems Filings
Explore SEC and related filing metadata, where available.
| Type | Date | Amount Offered | Amount Sold | Filing | Pages | Download |
|---|
Filing documents are not displayed on this public page. Request access to learn about available coverage.
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Frequently Asked Questions
Common questions about Opaque Systems's valuation, stock price, and market status.
Is Opaque Systems a public or private company?
Opaque Systems is a private company.
What is the current stock price of Opaque Systems?
Opaque Systems is a private company, so its shares have no public market price. Caplight tracks Opaque Systems's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Opaque Systems worth (valuation)?
Opaque Systems's valuation is estimated at $300.0M based on funding round data.
Can I buy Opaque Systems stock?
Opaque Systems shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Opaque Systems's last funding round?
Opaque Systems's most recent funding round was Series B on February 12, 2026.
Who are the main investors in Opaque Systems?
Key investors in Opaque Systems include Walden Catalyst, Intel Capital.
Will Opaque Systems IPO soon?
No public IPO plans have been announced for Opaque Systems.
How can I track Opaque Systems secondary market activity?
Caplight tracks bids, offers, and trades in Opaque Systems's shares on secondary markets.