Zama
PrivateLast Round
Series B
Jun 25, 2025
Est. Valuation
$1B
Total Funding Raised
$138.9M
Momentum
Top 25%
of companies Caplight tracks
Company Overview
Zama operates in Crypto & Web3 and is based in Paris. Its latest recorded funding round was a Series B round in June 2025.
Zama is a cryptography company that develops open-source fully homomorphic encryption (FHE) solutions to enable secure, private computation on encrypted data for blockchain and AI applications.
Sector
Crypto & Web3
Verticals
Blockchain Infrastructure, Data Protection, Smart Contracts, ML Platforms
Business Model
B2B
Customer Profile
Services & Consulting, Usage-Based SaaS, Subscription SaaS
AI Layer
Infrastructure
Historical Pricing
Historical view of private secondary pricing and transaction trends.
Zama Comparables
Compare Zama with similar companies based on industry and business-model similarity.
| Company | Similarity | Market Cap |
|---|---|---|
| Privasea | 77% | |
| CryptoLab Inc. | 76% | |
| Duality Technologies | 76% |
For institutional investors. Book with your work email.
Zama Funding Rounds
Historical fundraising activity
| Round | Date | Amount Raised | Valuation | Investors | Sources |
|---|---|---|---|---|---|
| Series B | Jun 25, 2025 | ||||
| Series A | Mar 7, 2024 | ||||
| Seed | Jun 15, 2021 | ||||
| Pre Seed | Apr 7, 2020 |
For institutional investors. Book with your work email.
Zama Investors
Notable investors and investment history
| Investor | Rounds |
|---|---|
| Multicoin Capital | Series A |
| Plug and Play Tech Center | Pre Seed |
| Metaplanet Holdings | Series A, Seed |
| Portal Ventures | Series A |
| Vsquared Ventures | Series A, Seed |
| Stake Capital Group | Series A |
| Pantera Capital | Series B |
For institutional investors. Book with your work email.
Market signals
Structured signals derived from secondary market and firmographic data.
- Jul 30, 2026
Monthly visitors increased 31% MoM, reaching 84.2K.
- Nov 28, 2025
Zama announced plans to launch on the Ethereum mainnet by late 2025.
For institutional investors. Book with your work email.
Recent news
Latest coverage and updates
- spins_off_companyNov 9, 2026
Zama SAS spins off Raycash, whose Ethereum app offers confidential stablecoin payments and yield on idle balances through Morpho.
- is_developingOct 7, 2026
Zama SAS is developing a privacy protocol for on-chain finance using fully homomorphic encryption to enable confidential transactions on public blockchains.
- launchesSep 15, 2026
Zama SAS unveils 16 confidential DeFi yield vaults covering USDC, TGBP, AUSD, and USDT to expand institutional access to on-chain yield without revealing users’ strategies or holdings, with deposits available through the Zama App from Sep 15th '26.
- launchesSep 15, 2026
On Sep 15th '26, Zama SAS launches private swaps on Ethereum and opens deposits into 16 confidential Morpho vaults.
For institutional investors. Book with your work email.
Zama 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.
Book a demoFor institutional investors. Book with your work email.
Frequently Asked Questions
Common questions about Zama's valuation, stock price, and market status.
Is Zama a public or private company?
Zama is a private company.
What is the current stock price of Zama?
Zama is a private company, so its shares have no public market price. Caplight tracks Zama's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.
How much is Zama worth (valuation)?
Zama's valuation is estimated at $1.0B based on funding round data.
Can I buy Zama stock?
Zama shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.
When was Zama's last funding round?
Zama's most recent funding round was Series B on June 25, 2025.
Who are the main investors in Zama?
Key investors in Zama include Multicoin Capital, Pantera Capital, Blockchange Ventures.
Will Zama IPO soon?
No public IPO plans have been announced for Zama.
How can I track Zama secondary market activity?
Caplight tracks bids, offers, and trades in Zama's shares on secondary markets.