Early investors Comcast Ventures, Crosslink Capital, Two Sigma Ventures, and the Partnership Fund for NYC also participated. Existing investor NEA led this funding, which included new investments from strategic FinTech investors BB&T, Capital One Growth Ventures, MetLife and Third Point along with venture firm Glynn Capital. In September 2018, Enigma announced $95 million in new funds to expand its network and platform that connects real-world and enterprise data to power key workflows. In April 2017, Enigma moved its website to from its previous site, Enigma.io, and ceased referring to itself with the ".io" qualifier.Įnigma was named to Forbes FinTech 50 List in February 2018.
ENIGMA TECHNOLOGIES SERIES
In June 2015, Enigma secured a $28.2 million Series B funding round led by New Enterprise Associates (NEA) with participation from Two Sigma Ventures and New York City Investment Fund, as well as existing investors including American Express Ventures, Comcast Ventures and The New York Times Company. In August 2014, Enigma announced that Jeremy Bronfman would step down as CEO and be replaced by Hicham Oudghiri. In October 2013, the company was a finalist in the NYCEDC-sponsored "Take the HELM: Hire + Expand in Lower Manhattan" contest, and in June 2014 they were selected as participants in the FinTech Innovation Lab program.
ENIGMA TECHNOLOGIES FULL
In June 2013, the company announced a long-term beta testing partnership with Stanford University and Harvard University, granting full access to their students and academic communities. This was augmented in early 2014 by a $4.5 million funding round which included additional investors The New York Times Company, Comcast Ventures, and American Express Ventures. In February 2013 they announced a $1.1 million seed funding round backed by TriplePoint Capital and Crosslink Capital, among others. Įnigma was launched at the three-day 2013 TechCrunch Disrupt Conference, and was the winner of the event's Startup Battlefield. The company currently has more than 100 employees and is headquartered in NYC's Silicon Alley.
They sought to make data connected, open, and actionable – and Enigma was born. They were frustrated that relevant public data was available, and should have shed light on these two occurrences, but the world still struggled to connect the dots to understand how and why these crises happened or to stop both altogether. The founders' curiosity was drawn into focus by the 2008 financial crisis and the effects of climate change. was founded by Marc DaCosta (Chairman, co-founder) and Hicham Oudghiri (CEO, co-founder).
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