Nym Technologies
Track on RadarDecentralized mixnet and VPN provider focused on metadata privacy.
- Total raised
- $30.45M
- Employees
- —
- Founded
- 2017
- Momentum
- —
Data updated August 2026
About
About Nym Technologies
At a glance
Nym Technologies is a cybersecurity company specializing in Network Security, founded in 2017 and headquartered in Neuchâtel, Switzerland. It has raised $30.45M in total funding and is privately held.
Nym Technologies is a privacy infrastructure company that develops decentralized, open-source anonymity network technology. Its core product is a mixnet — a network that routes internet traffic through multiple nodes, mixing packets to obscure metadata and prevent traffic analysis or surveillance. The mixnet is built in Rust, operates on a permissionless and trustless model, and is powered by the NYM utility token, which incentivizes node operators to maintain network performance. The flagship consumer product is NymVPN, a VPN application built on top of the Nym mixnet. NymVPN offers two modes: a WireGuard-based "Fast Mode" for everyday privacy and a mixnet-based mode for stronger anonymity. Features include a kill switch, split tunneling, ad blocking, and post-quantum security. The application targets both individual users and B2B clients in the privacy technology and cryptocurrency sectors. The underlying network uses zero-knowledge credentials (zk-nyms) to enable privacy-preserving authentication. The NYX blockchain supports the token economy, enabling staking, node rewards, and delegations. Nym's software is fully open source and publicly auditable, with no backdoors. Nym operates globally with offices in London and Paris, a community of node operators worldwide, and grant programs to support ecosystem growth. The company has received funding from Binance Labs, Polychain, and Andreessen Horowitz (a16z). Its advisory board includes prominent cryptographers and security researchers from UCL, KU Leuven, EPFL, and the University of Edinburgh.
Momentum
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Valuation
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Products
Nym Technologies's products
Funding
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Privately held
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FAQ
Frequently asked questions about Nym Technologies
When was Nym Technologies founded?▾
Nym Technologies was founded in 2017.
Where is Nym Technologies headquartered?▾
Nym Technologies is headquartered in Neuchâtel, Switzerland.
How much funding has Nym Technologies raised?▾
Nym Technologies has raised a total of $30.45M in total funding.
Is Nym Technologies public or private?▾
Nym Technologies is a privately-held company.
What does Nym Technologies do?▾
Nym Technologies is a privacy infrastructure company that develops decentralized, open-source anonymity network technology. Its core product is a mixnet — a network that routes internet traffic through multiple nodes, mixing packets to obscure metadata and prevent traffic analysis or surveillance. T…