The French cybersecurity software maker Evertrust has announced a €10 million Series A funding round from the American venture capital firm Elephant. This investment is intended to accelerate the startup’s development across European markets and reinforce its position as a leading player in digital certificate management.
Founded in 2017 by Kamel Ferchouche, Jean-Julien Alvado, and Étienne Laviolette, Evertrust has evolved from a consulting practice into a software vendor specializing in two complementary technologies: PKI (Public Key Infrastructure) and CLM (Certificate Lifecycle Management). PKI enables the issuance and management of digital certificates, while CLM automates their lifecycle.
This technological edge gives Evertrust a distinctive position: the company is the sole European player and one of only four worldwide to offer an integrated solution covering both segments.
A Growth Driven by Market Shifts
Evertrust’s business model rests on large enterprise customers, with more than 25% of CAC 40 companies among its clients. Profitable since its inception, the company reports that more than 80% of its revenue is generated in France and it employs 40 people.
Several structural factors are fueling demand for its solutions. The validity period of public certificates, currently 398 days, is set to shrink drastically: 200 days in 2026, 100 days in 2027, and only 47 days in 2029. This evolution will make automated renewal of certificates indispensable for organizations, which are already grappling with an exponential proliferation of these cryptographic artifacts.
A Case for Digital Sovereignty
In a context of trade tensions and regulatory scrutiny, Evertrust leans on its sovereign nature. Its solutions are designed and hosted in Europe and comply with international standards such as eIDAS and NIST.
The company recently earned the CSPN certification from ANSSI for its PKI platform, a credential that strengthens its credibility with public and semi-public actors. Selected as part of the 2025 cohort of the French Tech 2030 program, Evertrust benefits from institutional recognition that supports its growth.
Goal: Triple the Workforce in Five Years
The €10 million raised will be primarily used to strengthen its commercial and technical teams, which are expected to triple within five years. The company also plans a shift in its distribution model: moving from a predominantly direct approach in France to a network of resellers and security solutions integrators across major European markets.
