Zengo (formerly KZen Networks) is an Israeli developer of a non-custodial mobile crypto wallet that replaces traditional seed phrases with multi-party computation (MPC) cryptography. The keyless architecture splits private key material between the user's device and Zengo's servers, eliminating single points of failure while preserving self-custody. The wallet supports Bitcoin, Ethereum, major altcoins, NFTs, and dApp connectivity, and has served more than 2 million users across 180 countries with zero reported wallet hacks since launch. In April 2026, Zengo agreed to be acquired by Nasdaq-listed eToro for approximately $70 million.
Zengo has been acquired
This company is no longer available on our private secondary market.
Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Founded
2018
Employees
11–50
Total Funding
$48M
3 rounds
Total raised $48M across 3 rounds
Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.
Last updated 06-25-2026
Latest Round
Type
Series A extension
Date
May 2022
Amount
$24M
Valuation
—
Lead Investors
| Date | Round | Amount Raised | Valuation | Lead Investors |
|---|---|---|---|---|
| May 2022 | Series A extension | $24M | — | Insight Partners |
| April 27, 2021 | Series A | $20M | — | Insight Partners |
| October 2, 2018 | Seed | $4M | — | Samsung Next |
Ouriel Ohayon
CEO & Co-Founder
Tal Be'ery
CTO & Co-Founder
Gary Benattar
Co-Founder
Omer Shlomovits
Co-Founder
Competitor list is illustrative and may be incomplete, stale, or erroneous.
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Self-custody wallet from Coinbase, separate from the exchange's custodial accounts.
Fireblocks
Institutional MPC-based digital asset custody and transfer platform.
Argent
Smart-contract-based Ethereum/StarkNet self-custody wallet with social recovery.
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