Polyverse
Bellevue, US · Founded 2012 · Delaware corporation · 2 known investors
Polyverse is building a privacy-preserving AI data network and marketplace (VerseOS) that uses fully homomorphic encryption (FHE) and zero-knowledge proofs to protect user data while enabling AI training. It positions itself as a decentralized, Web3-based global user data engine for the AI era.
Also known as Polyverse AI · Polyverse Corporation
Founders & leadership
Polyverse was founded in 2012 by Alexander Gounares.
Investors · 2
Reported raises · per SEC filings
Form D private placements$38M disclosed across 8 of 10 rounds · 2013–2023
▶$20KraisedOct 2023 · 1 investors · Other TechnologyRule 506(b)
- Curtis BrownExecutive Officer
- Stephen FisherExecutive Officer
- Alexander GounaresExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $20K
- First sale
- Oct 2023
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$16MraisedSep 2020 · 85 investors · Other TechnologyRule 506(b)
- Alexander GounaresExecutive Officer, Director
- Offering amount
- $16M
- Amount sold
- $16M
- First sale
- Aug 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$11MraisedJan 2020 · 51 investors · Other TechnologyRule 506(b)
- Alexander GounaresExecutive Officer, Director
- Offering amount
- $11M
- Amount sold
- $11M
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2MraisedApr 2018 · 21 investors · Other TechnologyRule 506(b)
- ALEXANDER GOUNARESExecutive Officer, Director, Promoter
- Offering amount
- $2M
- Amount sold
- $2M
- First sale
- Dec 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4MraisedMay 2017 · 27 investors · Other TechnologyRule 506(b)
- KATIE THOMPSONExecutive Officer, Promoter
- ALEXANDER GOUNARESExecutive Officer, Director, Promoter
- Offering amount
- $4M
- Amount sold
- $4M
- First sale
- Apr 2017
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$2MraisedApr 2016 · 6 investors · Other TechnologyRule 506(b)
- Katie ThompsonExecutive Officer
- Alexander GounaresExecutive Officer, Director
- Offering amount
- $2M
- Amount sold
- $2M
- First sale
- Mar 2016
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
▶$1MraisedJul 2015 · 12 investors · Other TechnologyRule 506(b)
- Alexander GounaresExecutive Officer, Director
- Offering amount
- $1M
- Amount sold
- $1M
- First sale
- Jun 2015
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
▶$2MraisedMar 2014 · 14 investors · Other TechnologyRule 506(b)
- Alexander GounaresExecutive Officer, Director
- Offering amount
- $2M
- Amount sold
- $2M
- Minimum investment
- $25K
- First sale
- Nov 2013
- Incorporated
- Corporation, Delaware, 2012
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Polyverse is a Bellevue, Washington company that describes itself as building a privacy-preserving AI data engine — positioned as a "decentralized Google" for the AI era — intended to form a large-scale global user data network in which data confidentiality is preserved while the data remains usable for AI training. Its stated privacy stack combines fully homomorphic encryption (FHE) with zero-knowledge proofs (ZKP), paired with blockchain-based incentives. The company markets a product it calls VerseOS, an AI data marketplace (ADM), together with a modular AI data architecture and an "AI data flywheel" concept describing a self-reinforcing data ecosystem. The data layer is presented as applicable to generative AI, decentralized AI, DeFi, DePIN, metaverse applications and large language models.
The company's earlier business was enterprise cybersecurity. Its flagship product, Polyverse Linux (also referred to as Polymorphic Linux), hardened open-source Linux distributions such as Ubuntu and Fedora against remote takeover by generating a slightly different, unique build of the operating system every 12 hours. This form of moving target defense targeted attacks that exploit memory bugs by continually altering the most likely targets within a customer's software stack, and was described as protecting systems even when unpatched. As of 2019 the company was preparing a Windows version of the product, aimed at both servers and desktops, with early releases expected later that year.
Compiled by commissioned research from 5 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 4
launches, deals, and filingsA follow-on to the January round; investors were not disclosed. Total funding raised by the Bellevue security startup reached $10 million.
$1M source ↗
The company raised a $2 million round from unnamed strategic investors; it did not disclose the source of the funding.
$2M source ↗
Polyverse said it was preparing a version of its moving-target-defense product for Windows machines, with early releases expected later in 2019.
The company relocated to the WeWork co-working space at Lincoln Square in downtown Bellevue, citing transit options and amenities for its team.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 5
primary sources listed
- Polyversepolyverse.network · web
5 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Polyverse do?
- Bellevue-based Polyverse builds privacy-preserving AI data infrastructure using fully homomorphic encryption and zero-knowledge proofs.
- Who founded Polyverse?
- Polyverse was founded by Alexander Gounares in 2012.
- Who are Polyverse's investors?
- Polyverse's investors include Delta Blockchain, SPRINGROCK VENTURES.
- How much funding has Polyverse raised?
- Polyverse has disclosed $38M raised across 8 of its 10 known rounds.
- Where is Polyverse headquartered?
- Polyverse is headquartered in Bellevue, US.