Startup profile for Cape: latest funding, latest known valuation, total disclosed funding, investors, status, sources, and why the company is interesting. Part of the Venture Capital Tracker startup directory.
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Cape funding, valuation and investors

Privacy-first mobile carrier with identifier rotation and secondary numbers.

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Funding, valuation & investors

Answer-first snapshot

Latest funding

Series C

$100M · March 2026

Latest known valuation

Not publicly disclosed

Total disclosed equity funding

$100M

Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.

Current status

private

growth · San Francisco, California

Investors in latest funding

Other: Andreessen Horowitz , 01 Advisors

Sources: latest funding Last verified: 2026-07-25

Overview

Cape is a privacy-first mobile carrier that rotates identifiers, offers secondary numbers, and minimizes PII collection — built by ex-Palantir operators as a secure MVNO.

Why Cape is interesting

Ex-Palantir national-security team rebuilding telco core for minimal PII — a16z American Dynamism bet through $191M raised.

Product & use cases

Privacy-first mobile MVNO with rotating identifiers, secondary numbers, and minimal PII collection.

  • Privacy-focused mobile phone service
  • Secondary phone numbers for identity separation
  • Reduced personal data retention vs traditional carriers

Key facts

  • Seed/Series A/B aggregate (2024): $61M with a16z and A* co-leading privacy MVNO (Businesswire)
  • Series C (Mar 2026): $100M co-led by Bain Capital Ventures and IVP; 01 Advisors joined (Cape blog)
  • Co-investors not in VCT directory: IVP, Bain Capital Ventures, A*, Costanoa Ventures, Point72 Ventures
  • Source: https://www.cape.co/blog/announcing-our-series-c

Funding history (newest first)

Series C

2026-03 $100M

Source: https://www.cape.co/blog/announcing-our-series-c

Investors in our directory

Funds linked from Cape's profile — open a fund page for stage focus and related deal articles.

Andreessen Horowitz 01 Advisors

Competitive landscape

Edge: Ex-Palantir national-security team rebuilding telco core for minimal PII — a16z American Dynamism bet through $191M raised.

Cape operates in consumer, cybersecurity. Ex-Palantir national-security team rebuilding telco core for minimal PII — a16z American Dynamism bet through $191M raised.

  • Google Fi adjacent

    MVNO with Google integration.

  • Mint Mobile direct

    Budget MVNO competitor.

  • AT&T/Verizon incumbent

    Traditional carriers Cape positions against on privacy.

Notable stories

  • Ex-Palantir team rebuilding telco core for privacy.
  • ~$191M total raised including $100M Series C in March 2026.

Industries

Consumer Cybersecurity

FAQs about Cape

Practical answers founders, operators, and investors typically search for.

Cape sells mobile phone service with privacy-by-design: rotating identifiers, secondary lines, and reduced personal data retention compared to traditional carriers.
Andreessen Horowitz (see /fund/andreessen-horowitz) co-led early rounds totaling $61M in 2024. 01 Advisors (see /fund/01-advisors) joined the $100M Series C in March 2026 alongside Bain Capital Ventures and IVP.
Growth stage after Series C ($100M, March 2026). ~$191M total raised; remains private.
An a16z American Dynamism bet on rebuilding telecom core with national-security-grade privacy — relevant as mobile identity becomes a fraud and surveillance surface.
No — Cape remains a private company.
Headquarters not publicly disclosed in sources we index.
Founding year not publicly disclosed in sources we index.
Cape has not publicly disclosed profitability.
See fundraising rounds and highlights on this profile for disclosed amounts.
consumer, cybersecurity
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By Venture Capital Tracker

Last updated:

Editorial note: AI tools assisted with research, structure, or drafting. Venture Capital Tracker retains human editorial responsibility for factual accuracy, relevance, and source quality before publication.