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MPCH is a technology company.
MPCH Labs provides advanced multi-party computation (MPC) technology solutions for securing digital assets. The company’s core offering is its proprietary MPC6 engine, a sophisticated framework designed for enhanced security and flexibility. MPC6 integrates six distinct layers combining Web2 and Web3 technologies, including distributed identities, hardware security modules, and zero-knowledge proofs, empowering institutional clients to customize their hosting environment for digital asset management.
The company was co-founded by Miles Parry, serving as CEO, and Cat Le-Huy, the Chief Technology and Product Officer. Parry developed the foundational insight for MPCH Labs during his tenure running Vo1t, an institutional custodial business. Recognizing limitations in existing MPC solutions after Vo1t's acquisition by Genesis, he opted to build a new, ground-up MPC architecture alongside Le-Huy, aiming to overcome prevalent security and adaptability challenges.
MPCH Labs' primary product, Fraction, is an institutional toolkit leveraging the MPC6 engine to facilitate secure self-management of digital assets, wallets, and associated workflows. Initially targeting crypto-native firms, market makers, and asset managers, the company envisions broadening access to its technology to eventually include everyday consumers. Its long-term vision centers on ensuring institutional control and security over digital assets, operating with a commitment to maintaining zero knowledge or control over client funds.
MPCH has raised $40.0M across 1 funding round.
MPCH has raised $40.0M in total across 1 funding round.
MPCH (also known as MPCH Labs or MPCH.IO Labs) is a cybersecurity technology company specializing in digital security solutions for high-value digital assets. It develops the MPCH Modular platform leveraging multi-party computation (MPC) to provide secure key management, cryptographic hardware, software, and hosting services, serving financial institutions, governments, enterprises, global custodians, and technology innovators[1][2][3][4]. The platform addresses vulnerabilities in traditional key storage by combining physical security with MPC, enabling business continuity, disaster recovery (e.g., Stronghold solution), node hosting, data backup, and zero-trust architectures compliant with ISO27001, CIS v8, and NIST CSF V2[1][3].
Founded as a private company around 2021-2022, MPCH has raised approximately $40M in funding, including a Series A round, with reported revenue of $16.8M and around 80 employees. It solves critical problems in securing cryptographic keys and critical infrastructure against breaches, ensuring recoverability in hostile environments[2][3][4].
MPCH emerged in the early 2020s amid rising demand for advanced cryptographic security in blockchain and digital assets. Founded in 2021 (per Craft.co) or 2022 (per CB Insights, ZoomInfo), it is led by Miles Parry (CEO and Founder), Kinga Bosse (Chief Operating Officer), and Jan Hoenisch (Chief Technology Officer)[1][2][4]. The company originated from expertise in MPC technology, evolving from MPCH.IO Labs to focus on enterprise-grade solutions like modular EKM infrastructure.
Headquartered in London, UK (with some sources noting Concord, NH, US as an office), early traction came from positioning in the blockchain security space, where it was named a Challenger in CB Insights' ESP matrix alongside firms like CertiK[1][2]. Pivotal moments include securing $40M in funding and developing the Stronghold disaster recovery tool, capitalizing on crypto security needs despite funding shifts toward AI[2][3].
MPCH rides the wave of decentralized finance (DeFi), blockchain adoption, and rising cyber threats to digital assets, where traditional security fails against quantum risks and key compromises. Timing is ideal post-2022 crypto winters, as institutions demand MPC for compliant, recoverable infrastructure amid regulatory scrutiny (e.g., from governments and custodians)[2][3]. Market forces like AI-driven funding shifts highlight MPCH's niche resilience in blockchain security audits, influencing the ecosystem by enabling secure scaling for Web3 enterprises and reinforcing trust in high-value transactions[1][2].
As a Challenger in blockchain security, it contributes to a market addressing smart contract vulnerabilities and private key storage, fostering broader adoption of permissioned systems[2].
MPCH is poised for expansion in enterprise crypto custody and critical infrastructure protection, with next steps likely including global scaling of Stronghold, deeper government partnerships, and Series B funding to hit profitability amid $16.8M revenue momentum[3][4]. Trends like quantum-resistant crypto, AI-blockchain convergence, and stricter regulations (e.g., NIST updates) will propel its MPC tech, potentially evolving its influence from niche challenger to infrastructure leader. As digital assets integrate into mainstream finance, MPCH's resilience engineering positions it to safeguard the next era of operations—ensuring no failure stops business.
MPCH has raised $40.0M in total across 1 funding round.
MPCH's investors include Liberty City Ventures, Mantis VC, Animoca Brands, Finality Capital, Global Coin Research, Human Capital, LedgerPrime, Oak HC/FT, Polygon Studios, QCP Capital, Quantstamp.
MPCH has raised $40.0M across 1 funding round. Most recently, it raised $40.0M Series A in September 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Sep 1, 2022 | $40.0M Series A | Liberty City Ventures | Mantis VC, Animoca Brands, Finality Capital, Global Coin Research, Human Capital, LedgerPrime, Oak HC/FT, Polygon Studios, QCP Capital, Quantstamp |