← All companies
- Founded
- 2022
- Headquarters
- Washington, DC
- Employees
- 51-200
- Latest Round
- Series C
- Est. Valuation
- ~$900M
Seed
Series A
Series B
Series C
Series D+
Investment Thesis
🔥 The Problem
Mobile carriers collect and sell users' personal data, and cellular networks are vulnerable to SIM swaps, SS7 exploits, and surveillance.
🛠️ The Fix
Cape is a privacy-first mobile carrier built from the ground up. It owns and operates its own mobile core and SIMs, providing nationwide coverage without collecting personal data.
⏰ Why Now
Growing awareness of cellular surveillance threats, especially among government agencies, enterprises, and security-conscious individuals. No other carrier offers this level of privacy.
✅ The Proof
Active across all 50 states, serving U.S. government agencies and enterprises. Raised $176M total at a $900M valuation.
👥 The Team
Founded by John Doyle (ex-Palantir) and Gavin Uhma (ex-Anduril). Washington, D.C.-based.
Funding & Investors
$2B$1.5B$1B$500M$0
Founded
Seed
Jun 2023
Amount Raised: $6M
Seed
Jun 2023
Post-Money Valuation: $30M
Seed
$30M est. val
$6M raised
Series A
Dec 2023
Amount Raised: $15M
Series A
Dec 2023
Post-Money Valuation: $95M
Series A
$95M est. val
$15M raised
Series B
Apr 2024
Amount Raised: $40M
Series B
Apr 2024
Post-Money Valuation: $300M
Series B
$300M est. val
$40M raised
Series C
Mar 2026
Amount Raised: $100M
Series C
Mar 2026
Post-Money Valuation: $900M
Series C
$900M est. val
$100M raised
202220232024202520262027
Amount raisedEst. post-money valuationFounded
Series C$100MMar 2026
Lead: a16z
Series B$40MApr 2024
Lead: A* · Andreessen Horowitz
Series A$15MDec 2023
Lead: Andreessen Horowitz · A*, Point72
Seed$6MJun 2023
Lead: Costanoa Ventures · XYZ Venture Capital
Headcount Growth
200150100500
2
36
66
84
107*
202220232024202520262027
*Forecast assumes all 23 open roles are filled
Latest News
23 Open Roles
Administrative Assistant
1mo agoG&A—0
Contract Specialist
22h agoG&A—0
Facility Security Officer
23h agoG&A—0
Forward Deployed Engineer (East Asia)
2d agoEngineering$175K – $235K0
Forward Deployed Engineer (Federal)
2d agoEngineering$175K – $235K0
Full Stack Software Engineer
3mo agoEngineering—0
Head of Federal Engineering
2mo agoEngineering—0
HR Business Partner
2mo agoG&A—0
Network Operations Specialist
9mo agoNetwork—0
Operations Analyst, Federal
1mo agoG&A—0