/Companies

Tresorit

Acquired

Switzerland, CH · 8 known investors

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Tresorit provides secure cloud storage and collaboration software for teams to protect data and work together remotely. The platform integrates seamlessly into existing workflows to enable productivity while maintaining data security.

Also known as Tresorit AG · Tresorit Kft.

Founders & leadership

IHIstván Hartung
István HartungCEO

Investors · 8

Also in the syndicate · 5

Andreas KemiEuroventuresMarton AnkaMarton SzokePorfoLion

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Company profile

researched Aug 2026

Tresorit is a Swiss company, headquartered in Zurich with offices in Munich and Budapest, that provides end-to-end encrypted cloud storage, file synchronization, sharing and content collaboration services. Files are encrypted on the user's device before upload under a zero-knowledge architecture, so that encryption keys stay with the user and neither Tresorit nor third parties can read stored content. The platform is available on Windows, macOS, Linux, Android, iOS and the web, and integrates with identity providers such as Azure AD, Okta and Google for single sign-on and user provisioning.

The product line spans SecureCloud (an encrypted workspace for team collaboration), Engage (branded, customizable secure data rooms for external collaboration with project and task organization), FileSharing for exchanging large or sensitive files, eSign for electronic signatures, and EmailEncryption for encrypting messages and attachments from Outlook and Gmail. Administrative capabilities include granular access and sharing rights, link passwords and expiry, revocation, audit logs, remote and local wipe, and choice of data residency across EU-only or twelve global data center locations. Alongside the business offering, Tresorit sells consumer plans providing 50 GB to 4 TB of encrypted storage with automatic sync and backup, selective sync, offline access, document scanning to PDF/JPG and uploads of files up to 10 GB.

The company positions its services for organizations with elevated data-protection and compliance obligations, citing GDPR, HIPAA, NIS2 and ISO 27001, and contrasts its model with mainstream tools such as OneDrive and SharePoint on the basis of client-side encryption and absence of data scanning.

Founding story

Tresorit was founded in 2011 in Budapest, Hungary by Istvan Lam, Szilveszter Szebeni and Gyorgy Szilagyi, Hungarian software developers associated with the CrySyS Laboratory at the Budapest University of Technology and Economics. The project grew out of roughly two years of university cryptography research into end-to-end encrypted file synchronization and sharing, and the founders turned it into a business while still students; a patent covering aspects of the encryption technology was filed in March 2011 and the company was incorporated in September 2011. Istvan Lam, who holds an MSc in cryptography engineering from the same university, became CEO. The company began by bootstrapping, established its first Budapest headquarters with a core team of about ten people by November 2011, and secured its first institutional funding in 2012.

Business model

Tresorit sells subscription software-as-a-service plans for encrypted storage and collaboration, marketed to businesses and enterprises as well as to individuals, with free trials as an entry point. Business adoption is supported by rapid deployment through identity-provider integrations, branding customization and centralized administration. Under Swiss Post ownership it forms part of the group's digital services portfolio aimed at SMEs, public authorities and healthcare.

Recurring subscription revenue from paid tiers for organizations and individuals, with consumer plans differentiated by storage capacity (from 50 GB to 4 TB) and features such as extended version history, file requests and additional device syncing.

Traction

Reported customer counts grew from more than 17,000 customers in 2018 to more than 10,000 businesses in 2021 and 11,000+ organizations as of the current website. Recurring revenue grew on average threefold per year in the three years to 2018. Headcount rose from about 10 in 2011 to over 30 in 2013, around 120 at the time of the Swiss Post acquisition in 2021 and 133 by 2025.

Latest developments

In June 2025 Tresorit launched Engage, a secure data room product with project and task management inside encrypted workspaces. September 2025 updates to SecureCloud and Engage introduced quantum-resistant security, and the company completed a NIS2 compliance audit conducted by Ernst & Young in the same month. Current product marketing covers SecureCloud, Engage, FileSharing, eSign and EmailEncryption, and the company reports serving over 11,000 organizations.

▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Tresorit is described as an early European provider of end-to-end encrypted cloud services and a challenger in the enterprise file sync and sharing market, competing with mainstream services such as Dropbox, Google Drive, OneDrive and SharePoint on the basis of client-side encryption. It has been covered by TechCrunch, Forbes, TechRadar and other technology publications, received Gartner's Customers' Choice distinction in 2020 as an end-to-end encrypted productivity tool, and was listed on the Financial Times FT1000 as the fifth fastest-growing cybersecurity company in Europe.

Client-side, zero-knowledge end-to-end encryption with patented key management, so that the provider cannot access file contents; compliance-oriented controls including granular access rights, audit logs and remote wipe; selectable data residency across EU-only or twelve global locations; and operation under Swiss data protection legislation, which the company contrasts with US providers subject to laws such as the CLOUD Act. Its encryption has been subject to independent verification, including an ETH Zurich security audit of methods such as AES.

Technology

The platform uses client-side end-to-end encryption under a zero-knowledge model: files are encrypted on the device before upload to Tresorit servers, and encryption keys remain under user control. The company publishes an encryption whitepaper, holds patents on aspects of its encryption and key management, and in September 2025 added quantum-resistant security measures to its SecureCloud and Engage products. Clients exist for Windows, macOS, Linux, Android and iOS, with SSO and directory synchronization via Azure AD, Okta and Google.

Go-to-market

Self-service free trials and online subscription plans combined with enterprise and SMB sales; the 2018 financing was earmarked for broadening the management team, scaling marketing and sales, and working with new channel partners to extend global reach. Content marketing through a blog and newsroom, and industry-specific landing pages, support demand generation.

Businesses and organizations in regulated, data-intensive sectors, including healthcare, financial services, legal and compliance, IT and security, HR, R&D and large enterprises, plus individual consumers storing personal documents and photos. Named business users include Deloitte, Viessman, Deutsche Telekom and the German Red Cross.

Geography

Headquartered in Zurich, Switzerland, with offices in Munich, Germany and Budapest, Hungary. Core markets are Germany, Austria and Switzerland, with target regions spanning EU countries, the UK and the US, and reported reach across Europe, North America and Africa. Data residency options span EU-only or twelve global data center locations.

History

After its 2012 first round, Tresorit released its first public application in 2013 and launched internationally, growing to more than 30 employees by mid-2013. A public challenge run from 2013 to 2014 invited researchers to break its encryption, with prize money reported between $10,000 and $50,000; it closed after 458 days without a successful break and attracted substantial media attention and user growth. A further Series A extension followed in 2014 and encryption technology co-developed by Lam was patented in 2017. In September 2018 the company raised a Series B led by 3TS Capital Partners with PortfoLion, at which point it reported more than 17,000 customers. In July 2021 Swiss Post Communications Services acquired a majority stake, and Tresorit has since operated as an independent company inside Swiss Post's digital services division while keeping its founders, brand and product. Subsequent milestones include the June 2025 launch of Engage, September 2025 product updates adding quantum-resistant security, and a NIS2 compliance audit by Ernst & Young in September 2025.

Risks & controversies

The company operates in a market dominated by large incumbent cloud providers such as Microsoft, Google and Dropbox, and its value proposition depends on continued regulatory demand for data sovereignty and encryption. Financial terms and valuation of the 2021 Swiss Post majority acquisition were not disclosed. Its Wikipedia entry carries maintenance notices for promotional tone and reliance on primary sources.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Businesses servedJul 202110,000 businesses
CustomersSep 201817,000 customers
Data residency locationsJan 202612 locations
EmployeesJan 2025133 people
Organizations servedJan 202611,000 organizations

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 11

launches, deals, and filings
Sep 2025
SecureCloud and Engage updates add quantum-resistant security

September 2025 updates to the SecureCloud and Engage products introduced quantum-resistant security measures.

source ↗

Sep 2025
NIS2 compliance audit by Ernst & Young

Tresorit underwent a NIS2 compliance audit conducted by Ernst & Young addressing adherence to the EU Network and Information Systems Directive 2 cybersecurity standards.

source ↗

Jun 2025
Launch of Tresorit Engage secure data rooms

Tresorit launched Engage, a customizable secure data room platform for organizing projects, tasks and files inside end-to-end encrypted workspaces.

source ↗

Jul 2021
Swiss Post Communications Services acquires majority stake in Tresorit

Swiss Post Communications Services acquired a majority stake in Tresorit, announced 8 July 2021. Financial terms were not disclosed. Tresorit retained its management (the founders), brand and service and remained an independent company within the Swiss Post Group, with the deal intended to expand its presence in Germany, Austria and Switzerland while continuing to serve the EU, UK and US.

source ↗

Jan 2021
Ranked fifth fastest-growing cybersecurity company in Europe on FT1000

Tresorit was featured on the Financial Times FT1000 list as the fifth fastest-growing cybersecurity company in Europe.

source ↗

Jan 2020
Gartner Customers' Choice distinction

Tresorit received Gartner's Customers' Choice distinction, described by the company as the first end-to-end encrypted productivity tool to do so.

source ↗

Sep 2018
Beta launch of Tresorit Send

Tresorit launched the beta version of Tresorit Send, a standalone file sharing product positioned as an encrypted alternative to file transfer sites and email attachments.

source ↗

Jan 2017
Encryption technology patented

Encryption technology co-developed by Istvan Lam was patented in 2017, as the company gained market share in German-speaking countries.

source ↗

May 2013
First public version of the Tresorit app released

Following its first funding round, Tresorit released the first public version of its application; an international launch is dated 11 April 2013 in another account.

source ↗

Jan 2013
Public hacker challenge against Tresorit's encryption

Between 2013 and 2014 Tresorit ran a public challenge inviting security researchers to break its encryption implementation, with prizes reported at $10,000 rising to $25,000 and ultimately $50,000. The challenge ended after 458 days with no successful break, and user numbers rose sharply following the announcement.

source ↗

Jun 2012
First institutional investment round of $1.7 million

Tresorit raised $1.7 million in its first round of funding from investors including Euroventures, used to refine the product and enter the market.

$1.7M source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

▸Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Tresorit do?
Swiss-Hungarian provider of end-to-end encrypted cloud storage and collaboration software, majority-owned by Swiss Post.
Who are Tresorit's investors?
Tresorit's investors include 3TS Capital Partners, PortfoLion Capital Partners, Trind Ventures.
Where is Tresorit headquartered?
Tresorit is headquartered in Switzerland, CH.