Qrypt

Qrypt, founded in 2017 and based in New York, focuses on a narrower but foundational problem in quantum-safe cryptography: the quality of randomness used to generate encryption keys. Its Quantum Entropy-as-a-Service and Quantum Entropy Appliance deliver true quantum-generated randomness to hardware security modules and key management systems, on the premise that even PQC algorithms are only as strong as the entropy feeding their key generation. The company also offers a Quantum-Secure IPsec Gateway and digital quantum key distribution capability.

Qrypt has a research agreement with Los Alamos National Laboratory, giving it a credible independent research relationship beyond its commercial product line, and in March 2026 Fortanix announced it was expanding its Data Security Manager to incorporate quantum entropy from Qrypt (alongside Quantum Dice), a real third-party integration rather than a self-reported claim. Funding reporting is inconsistent across aggregators, but a Series A in the range of tens of millions of dollars is the most consistent figure available.

What differentiates Qrypt from most PQC vendors is its focus on entropy generation rather than algorithm implementation — a less visible but structurally important layer of the quantum-safe stack. The tradeoff is that entropy-as-a-service is a narrower, more technical sell than full migration platforms, and public customer evidence beyond the Fortanix integration and the Los Alamos relationship is limited.