Algemetric

Algemetric develops privacy-enhancing computation technology — fully homomorphic encryption (FHE) and secure multi-party computation (MPC) — that lets organizations run analytics, AI models, or business-intelligence queries directly on encrypted data without ever decrypting it. Its flagship product, Prisma, packages this research into a usable platform for privacy-preserving data management, analytics, and BI, aimed at industries such as healthcare and finance that need to share or analyze sensitive data across organizational boundaries without exposing the underlying records.

Founded in 2016 and originally headquartered in Colorado Springs, Colorado, Algemetric grew out of applied cryptography research before commercializing it as a product company, and has since expanded internationally, describing Singapore as a strategic hub alongside its US base and additional presence in the UK and Australia. Homomorphic encryption and MPC have historically been computationally expensive relative to plaintext processing, which has limited mainstream enterprise adoption industry-wide; Algemetric’s differentiation claim rests on making these techniques practical enough for real BI workloads rather than confining them to research use.

As a deep-tech, IP-driven company in a technically demanding niche, Algemetric competes less against mainstream data-protection vendors and more against a small set of specialized privacy-enhancing-technology (PET) providers; independent, real-world performance benchmarks against those peers are not widely published.