eperi
eperi builds an encryption and tokenization gateway that lets enterprises use SaaS applications like Microsoft 365 and Salesforce while keeping sensitive data encrypted under their own keys, for GDPR and Schrems II compliance.
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eperi, based in Pfungstadt, Germany, sells a data protection gateway — the eperi Secure product line — that sits between an organization and cloud or SaaS applications such as Microsoft 365 and Salesforce, encrypting or tokenizing sensitive fields before they leave the customer’s control while preserving enough application functionality, such as search and sort, to keep the SaaS app usable. The pitch is aimed specifically at European enterprises trying to use US-hosted SaaS platforms while staying compliant with GDPR and the post-Schrems II requirement that EU personal data not be freely accessible to US cloud providers under US surveillance law.
This ‘bring your own encryption key to someone else’s SaaS’ model is a real and growing compliance need but a structurally narrow one: it matters most to organizations both bound by EU data protection law and committed to using non-European-hosted SaaS platforms. eperi traces its roots to 2003 and rebranded under the eperi name in 2014, giving it more product maturity than most newer GDPR-compliance point solutions.
In February 2022, private equity firm Equistone Partners Europe acquired a majority stake in eperi from earlier venture investors Evolution Equity Partners and btov, with founder and CEO Elmar Eperiesi-Beck remaining in charge and retaining a stake. That is a growth-capital transaction, not an acquisition into a larger cybersecurity platform, so eperi continues to operate and sell as an independent company under new majority ownership focused on scaling and international expansion.
Innovation Matrix Assessment
eperi has over two decades of encryption technology history, but its small team (roughly 20 employees) limits the pace at which new features and platform coverage can be delivered relative to larger data protection vendors.
The company has served enterprise customers in the DACH and broader EU market for years with a focused product line, though no public customer count or named large logos are disclosed.
Equistone Partners Europe's 2022 acquisition of a majority stake signals real growth investment and confidence from a private equity buyer, but no fresh funding round or major expansion news has surfaced since, and the company remains small overall.
Encryption and tokenization gateways for SaaS applications are an established category with larger CASB-adjacent competitors, so eperi represents a solid, mature execution of an existing idea rather than a novel technical approach.
No independent third-party testing of eperi's gateway was found, but two decades of continuous operation and retained enterprise customers in a compliance-sensitive market provide indirect evidence of real-world efficacy in its niche.
With Schrems II and EU data sovereignty pressure intensifying and no near-term resolution to EU-US data transfer tension, eperi's specific compliance niche remains highly relevant to EU enterprises using US-hosted SaaS.
Why CISOs Should Care
For EU-based CISOs who must use US-hosted SaaS platforms like Microsoft 365 or Salesforce but are legally exposed under GDPR and Schrems II, eperi offers a way to keep the underlying data encrypted under keys the customer controls.
What Makes It Different
eperi's differentiation is narrowness and maturity: rather than a broad CASB or DLP suite, it focuses specifically on field-level encryption and tokenization gateways for named SaaS platforms, backed by two decades of engineering.
The Matrix Verdict
52/100 — INCREMENTAL INNOVATOR
eperi is a mature, narrowly-focused compliance tool that solves a real and growing EU data-sovereignty problem; it is a safe, if unglamorous, choice for EU enterprises with Schrems II exposure, but it competes in a category with larger, better-resourced CASB vendors.
Editorial Note: Claims vs. Verified Findings
eperi's acquisition by Equistone, founding history, and leadership continuity are independently corroborated via Bird & Bird, Private Equity Wire, and MSSP Alert coverage. eperi's own claims about preserving full application functionality after encryption are vendor-sourced and were not independently tested for this profile.
Sources
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