N
Nillion
Cybersecurity · Toronto, Canada · Founded 2021
A public network based on the invention of a new cryptographic primitive, Nil Message Compute MoreLess
Nillion is a pioneering startup that is revolutionizing the way high-value data is stored, processed, and shared. It operates in the data storage and processing market, serving a wide range of clients from various industries such as retail, medical, legal, banking, and AI.
Nillion's business model is based on a decentralized computing platform that uses a unique technology called Nil Message Compute (NMC). This technology is an advancement on Multi-Party Computation (MPC) and Homomorphic Encryption, which are methods used to securely process data. NMC allows nodes in a decentralized network to compute information securely and verifiably without having to send messages to each other. This is a significant improvement over traditional MPC, which requires messaging between nodes and slows down computation speeds.
The company's innovative approach allows for the secure storage and processing of high-value data, opening up new decentralized use cases such as machine learning on invisible datasets, quantum secure messaging, smart custody of digital assets, distributed biometric authentication, verifiable dark pools, collaborative block building, and composable digital identity.
Nillion makes money by providing its platform to developers who create applications across various industries. The platform's ability to handle high-value data securely and efficiently makes it a valuable tool for businesses that handle sensitive information.
In conclusion, Nillion is a cutting-edge startup that is pushing the boundaries of data storage and processing. Its unique technology and wide range of potential applications make it a promising player in the data storage and processing market.
Keywords: Nillion, Nil Message Compute, decentralized computing platform, high-value data, secure data processing, Multi-Party Computation, Homomorphic Encryption, data storage, data processing, decentralized applications.
Company overview
Nillion company information
The essential company record, classifications and operating signals in one place.
- Status
- Operational
- Founded
- 2021
- Headquarters
- Toronto, Canada
- Employees
- 130
- Open positions
- None listed
- Dealroom signal
- 83.8
Valuation & funding
Nillion funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VC✓Equity / VC | Oct 2024 | $25M | $100M | Chapter One Ventures · Animoca Brands · Big Brain Holdings · Hack VC | ↗ |
| EARLY VC✓Equity / VC | Dec 2022 | $20M | $80M | AU21 Capital · Chapter One Ventures · HashKey · Big Brain Holdings | ↗ |
Financials
Revenue and workforce over time
Available revenue and workforce history. Fields without reported data are omitted.
| Year | Revenue | Growth | Employees |
|---|---|---|---|
| 2026 | $8M | 0% | 128 |
| 2025 | $8M | 0% | 135 |
| 2024 | $8M | 0% | 118 |
| 2023 | $8M | — | 58 |
| 2022 | — | — | 40 |
Growth signals
Nillion website traffic
Latest recorded traffic for Nillion is 12K monthly website visits, up 23.7% over the last three months. Nillion's team declined 3.7% over the past year.
Comparisons
Nillion compared with similar companies
Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.
Talent graph
Nillion's talent
Source: Dealroom Talent Intelligence.
Global footprint
Where Nillion has talent and traffic
team presence
In the news
Latest news about Nillion
Recent press, funding announcements, and product moves mentioning Nillion — open to read from the original sources.
Market sentiment
What the market is saying about Nillion
An AI-synthesized read of the highest-engagement posts about Nillion on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
See Nillion’s full profile on Dealroom
Request a free trial to see the complete deal history, financials, people graph and growth signals.
Takes under a minute. Already use Dealroom? Log in.































