Evertrust Secures €10 Million in Funding to Fuel Growth in the European Digital Trust Sector

Evertrust Raises €10 Million in Series A Funding to Expand its Cybersecurity Software Suite

Evertrust, a cybersecurity software vendor based in Paris, has secured €10 million in Series A funding from Elephant, a US venture capital firm. The investment will be used to enhance and scale the company’s sovereign Public Key Infrastructure (PKI) and Certificate Lifecycle Management (CLM) software suite, as well as to accelerate its growth in key European and international markets.

Company Background

Founded in 2017 by Kamel Ferchouche, Jean-Julien Alvado, and Étienne Laviolette, Evertrust initially operated as a digital trust consulting firm before transitioning into developing an integrated software platform that covers PKI and CLM. The company’s PKI facilitates the issuance and management of digital certificates, while CLM automates their renewal and administration. By combining these capabilities into a single suite, Evertrust has positioned itself as a prominent European player in certificate governance, a crucial component of authentication, encryption, and secure digital communication.

Current Status

Evertrust has been profitable since its inception and continues to serve over 80% of its clientele in France, including a significant portion of CAC 40 companies. With a team of 40 employees, the company was recently recognized as a laureate of the 2025 French Tech 2030 program.

Product Offerings

The company’s Horizon software assists organizations in managing their digital identities by automating certificate lifecycles across various platforms. Additionally, its Stream platform provides a comprehensive PKI infrastructure designed to enhance trust and security across digital systems.

Unique Positioning

Evertrust stands out as one of the only four software vendors worldwide offering a unified PKI and CLM platform, and the sole European-based vendor. This positions the company favorably against competitors who typically specialize in either PKI or CLM, limiting their capabilities and access to enterprise and public-sector tenders.

Market Trends

Evertrust’s strategic positioning coincides with the rapid increase in digital certificate usage. The validity periods for public certificates are expected to decrease significantly in the coming years, necessitating automated renewal processes. The emergence of quantum computing further underscores the importance of future-proof certificates to mitigate potential risks.

Industry Recognition

Having obtained CSPN certification from ANSSI for its PKI platform, Evertrust has bolstered the credibility of its technology among public and semi-public organizations. The company’s emphasis on digital sovereignty, with solutions hosted entirely in Europe and compliant with industry standards, further solidifies its reputation.

Future Plans

The Series A funding will enable Evertrust to strengthen its leadership position and expand internationally. The company intends to bolster its sales and technical teams, with plans to triple the workforce within five years. Additionally, Evertrust aims to enhance its network of reseller integrator partners for managed security solutions, transitioning to an indirect distribution model across major European and global markets.

Quotes

“We have been impressed by the quality and ease of integration of Evertrust’s solutions — unique in Europe — as well as by the strength and execution of its growth strategy. We are proud to support this talented team in accelerating their expansion in Europe,” said Christopher De Souza, General Partner at Elephant.

“We are very pleased with the confidence shown by Elephant. Their support will be invaluable in strengthening our positioning as a global player in the rapidly evolving digital trust market, which increasingly calls for independent and sovereign solutions amid rising commercial and regulatory pressures,” said Kamel Ferchouche, CEO of Evertrust.