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Cape has raised $195.0M across 5 funding rounds.
Key people at Cape.
Cape was founded in 2022 by Anduril Alums (Co-Founder) and Palantir Alums (Co-Founder).
Cape has raised $195.0M in total across 5 funding rounds.
Founded in 2022 by former Palantir executive John Doyle and Gavin Uhma, Cape is an Arlington, Virginia-based privacy-first mobile virtual network operator. The company provides secure 5G and 4G wireless coverage designed to minimize data collection, mask personal identifying information, and prevent the monetization of subscriber data. To support its mission of delivering hardened account security and spam protection, the enterprise raised $61 million in total venture capital funding, highlighted by a $40 million Series B led by Andreessen Horowitz and A-Star. Targeting security-conscious individuals and organizations, the carrier is currently executing a pilot project to secure communications for the United States government on Guam while partnering with cybersecurity research institutions like the University of Maryland. Following its emergence from stealth, the telecommunications provider officially launched its commercial consumer service to the public in June 2024.
Key people at Cape.
Cape was founded in 2022 by Anduril Alums (Co-Founder) and Palantir Alums (Co-Founder).
Cape has raised $195.0M in total across 5 funding rounds.
Cape's investors include Saanya Ojha, Somesh Dash, 01 Advisors, 137 Ventures, Definition Capital, Fifth Down Capital, A Capital, Costanoa Ventures, Point72, Silicon Valley Bank, XYZ Venture Capital, Katherine Boyle.
Cape has raised $195.0M across 5 funding rounds. Most recently, it raised $100.0M Series C in March 2026.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Feb 25, 2011 | Scality | $7.0M Series B | Matthieu Baret | Jerome Lecat, Galileo |
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 19, 2026 | $100M Series C | Saanya Ojha, Somesh Dash | 01 Advisors, 137 Ventures, Definition Capital, Fifth Down Capital | Announced |
| Mar 19, 2025 | $30M Debt Financing | — | A Capital, Costanoa Ventures, Point72, Silicon Valley Bank, XYZ Venture Capital | Announced |
| Apr 1, 2024 | $40M Series B | Katherine Boyle, A Star | Bennett Siegel, Andreessen Horowitz, DST Global, Founders Fund, Humba Ventures, Liquid 2 Ventures, Adrian Aoun, Evan Moore, Kevin LIN, Mark Pincus, Costanoa Ventures, Ex/ante, Forward Deployed VC, Karman Ventures, Point72 Ventures, XYZ Venture Capital | Announced |
| Apr 20, 2021 | $20M Series A | Richard Seewald | BEN Porterfield, Fred Ehrsam, Jevon Macdonald, Keenan Rice, TOM Noonan, Boldstart Ventures, Downing Ventures, Haystack, Radical Ventures, Ridgeline Partners, John Curtius, Version ONE Ventures | Announced |
| Jun 24, 2020 | $5M Seed | ED SIM, Version ONE Ventures | Faktory Ventures, Haystack, Radical Ventures | Announced |
Cape is a privacy-first mobile carrier that operates as a Mobile Virtual Network Operator (MVNO), delivering secure 4G and 5G cellular network solutions to U.S. government agencies, businesses, high-risk individuals, and privacy-conscious consumers.[1][4][5] It addresses cellular vulnerabilities like foreign interference, data breaches, and unauthorized access by prioritizing privacy, security, and resilience in communications, without requiring users to sacrifice speed or convenience.[1][5] Founded about 2.5 years ago (circa 2023), Cape has raised $61M from investors including Andreessen Horowitz, A*, and Point72 Ventures, and earned accolades like Platinum in the 2025 Military + Aerospace Electronics Innovators Awards and TIME's Best Inventions of 2025 for its Cape Obscura technology.[1][4]
The company serves sectors facing heightened cyber risks, such as defense and government operations, with nationwide U.S. coverage, global roaming, and partnerships like Proton for open beta testing.[4][5] Its growth momentum includes live network deployment, red-team validations where operators evaded detection, and demos at events like Manifest: Demo Day 2025, positioning it as a leader in secure mobile tech.[1][5]
Cape was founded around 2023 by privacy-first innovators with expertise in security, telecom, and technology, including CEO and cofounder John Doyle.[1][4][5] The idea emerged from recognizing that mobile networks—ubiquitous, fast, and convenient—are essential even in high-security contexts like boardrooms and battlefields, yet plagued by vulnerabilities that leave no real alternatives.[5] Rather than building apps or hardware, the team opted to create a full cellular network to fix "the existing broken network—commercial cellular," starting with hands-on testing in Guam to accelerate scaling.[4][5]
Early traction came swiftly: within 15 days of a key exercise, Cape's network passed red-team tests where operators went undetected—a first for testers—validating its tech and leading to nationwide rollout.[5] Research partnerships with institutions like the University of Maryland and Air Force Research Laboratory bolstered its credibility.[1]
Cape stands out in secure communications through:
Cape rides the surging demand for secure mobile infrastructure amid escalating cyber threats, nation-state interference, and data privacy mandates, where traditional cellular networks expose even sensitive U.S. government ops.[1][5] Timing is ideal post-2020s supply chain attacks and 5G proliferation, as agencies can't retreat to outdated SCIFs or private nets—Cape fixes commercial cellular at scale.[4] Market forces like defense tech funding (e.g., Manifest showcase) and privacy regs favor it, influencing the ecosystem by redefining MVNOs for resilience and inspiring shifts from vulnerability-prone carriers.[1][5]
Cape's nationwide live network and red-team successes signal rapid scaling ahead, with expansions into more government contracts and consumer beta via Proton.[4][5] Trends like AI-driven threats and 6G will amplify its privacy-first model, potentially dominating defense mobile as incumbents lag. Its influence may evolve from niche innovator to ecosystem standard-setter, overwhelming "the system with how much better it can be"—securing comms where it matters most.[4][5]
