← 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
109*
202220232024202520262027
*Forecast assumes all 25 open roles are filled
Latest News
25 Open Roles
Account Executive, Navy
9d agoSales—0
Business Intelligence and Research Manager
1mo agoInternal Ops—0
Chief Information Security Officer (CISO)
1mo agoInternal Ops$300K – $350K0
Corporate Counsel
2mo agoInternal Ops$210K – $250K0
Forward Deployed Engineer (East Asia)
3mo agoEngineering$175K – $235K0
Forward Deployed Engineer (Federal)
3mo agoEngineering$175K – $235K0
Full Stack Software Engineer
6mo agoEngineering—0
G&A Recruiter
2mo agoInternal Ops$155K – $180K0
Head of Federal Engineering
5mo agoEngineering—0
Head of Government Relations
1mo agoSales$250K – $350K0