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Opaque Systems

Opaque Systems

Private
San Francisco, CaliforniaAI, Data & Cloud Infrastructurehttps://www.opaque.co/

Last 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 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, ML Platforms, NLP & Conversational AI, Data Governance

Business Model

B2B

Customer Profile

Subscription SaaS, Usage-Based SaaS

AI Layer

Infrastructure

Keywords

confidential computingconfidential AItrusted execution environmentTEEprivacy-preserving AIAI securityAI agent securitydata clean roomhardware-backed securityLLM securitydata governancecryptographic attestationAI infrastructureprompt securitysecure enclave

Historical Pricing

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

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Opaque Systems Comparables

Compare Opaque Systems with similar companies based on industry and business-model similarity.

Opaque Systems comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Confidential
85%
Anjuna Security
82%
Cape
80%

Opaque Systems Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series BFeb 12, 2026
Series AJun 28, 2022
SeedJul 7, 2021

Key People

Founding team and executive leadership

Rishabh Poddar

CTO & Co-Founder

Founding Team

Aaron Fulkerson

Chief Executive Officer

Executive Team

Opaque Systems Investors

Notable investors and investment history

Opaque Systems investors
InvestorRounds
Race CapitalSeries A, Series B, Seed
Advanced Technology Research CouncilSeries B
Walden CatalystSeries A, Series B
Intel CapitalSeries A, Series B, Seed
Storm VenturesSeries A, Series B
FactorySeries A, Seed
CRVSeries A

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.

Recent news

Latest coverage and updates

  • launchesSep 9, 2026

    Opaque launched Weight Custody Manifest on Sep 9th '26.

  • launchesSep 9, 2026

    Opaque launched SDK on Sep 9th '26.

  • launchesAug 25, 2026

    Opaque launched TRACE at Confidential Computing Summit on Aug 25th '26.

  • is_developingAug 10, 2026

    Opaque is developing Confidential AI infrastructure on Aug 10th '26.

  • launchesJul 28, 2026

    Opaque launches AgenTrust open standards, including.

Opaque Systems Filings

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Opaque Systems filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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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 with no public stock price. No recent secondary market data is available.

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. Visit https://www.caplight.com to learn more.

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 for private companies. Visit https://www.caplight.com to monitor Opaque Systems's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersSan Francisco, California
Employee Range35
Year Founded2021
Last FundingFeb 12, 2026

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