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Fortanix Revenue & Funding (2024)

Fortanix is a California-based cybersecurity company that provides a confidential computing platform to protect sensitive data and applications. Their platform leverages advanced encryption and hardware security technologies, such as Intel SGX, to secure data while it is being processed. This ensures that data remains encrypted and confidential, even while it is being used in cloud environments or shared across multiple users. Fortanix's platform also provides secure key management, tokenization, and access control features, enabling organizations to protect their data throughout its lifecycle. The company serves a variety of industries, including healthcare, financial services, and government, among others. Fortanix's goal is to help organizations protect their most valuable assets by providing a secure and scalable platform for confidential computing.

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Fortanix Revenue

In 2024, Fortanix's revenue reached $24.9M. The company previously reported $24.9M in 2024. Since its launch in 2016, Fortanix has shown consistent revenue growth.

Fortanix Revenue GrowthReported revenue / ARR over time$0$6M$12M$18M$24M$30M201620172018201920202021202220232024$0$9M$17.7M$24.9MSource: GetLatka.com
YearMilestoneSource
2024Fortanix Hit $24.9m revenue in November 2024fortanix.com
2023Fortanix Hit $17.7m revenue in October 2023Estimated
2021Fortanix Hit $9m revenue in April 2021
2016Launched with $0 revenue

Fortanix Valuation, Funding Rounds

Fortanix has not publicly disclosed its valuation. The company has raised $14.3M in total funding to date.

Fortanix has raised $14.3M in total funding across 1 round, with its most recent round in 2021.

Fortanix Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$0$0.2$4M$0.4$8M$0.6$12M$0.8$16M$1$20M201620172018201920202021Source: GetLatka.com
YearRoundAmountValuation% SoldSource
2021Funding round$14.3M--

Founder / CEO

Anand Kashyap

CEO

Anand Kashyap is listed as CEO at Fortanix.

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Customers

We do not have customer count information for Fortanix yet.

Fortanix Employees & Team Size

Fortanix employs approximately 248 people as of 2026, down from 271 in 2023, including 22 sales reps that carry a quota.

Fortanix Team GrowthReported headcount over time06012018024030020162017201820192020202120222023202400248248Source: GetLatka.com
YearMilestoneSource
2024Reached 248 employees (December 2024)
2024Reached 271 employees (October 2024)
2023Reached 271 employees (October 2023)
2023Reached 231 employees (July 2023)
2022Reached 212 employees (October 2022)
2021Reached 165 employees (December 2021)
2021Reached 128 employees (August 2021)
2021Reached 107 employees (April 2021)

Frequently Asked Questions about Fortanix

What is Fortanix's revenue?

Fortanix generates $24.9M in revenue.

Who is the CEO of Fortanix?

The CEO of Fortanix is Anand Kashyap.

How much funding does Fortanix have?

Fortanix raised $14.3M across 1 round.

How many employees does Fortanix have?

Fortanix has 248 employees.

Where is Fortanix headquarters?

Fortanix is headquartered in Santa Clara, California, United States.

Compare Fortanix to the industry

Fortanix operates across multiple industries. Browse revenue, funding, and growth data for Fortanix in each sector below.

Data and Sources

All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.

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