Startup profile · funding coverage
Keybase funding, valuation and investors
Encrypted messaging and public-key identity platform — acquired by Zoom in 2020.
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Funding, valuation & investors
Answer-first snapshotLatest funding
Series A
$10.8M · July 2015
Latest known valuation
Not publicly disclosed
Total disclosed equity funding
$11M
Excludes debt, grants, acquisitions, secondaries, and IPO proceeds.
Current status
acquired
acquired · New York, New York
Investors in latest funding
Lead: Andreessen Horowitz
Overview
Keybase was a security startup offering encrypted chat, file sharing, and a public-key identity system that linked cryptographic keys to social accounts (Twitter, GitHub, Hacker News, etc.). Founded by Max Krohn and Chris Coyne (co-founders of SparkNotes and OKCupid), Keybase raised a $10.8M Series A in 2015 led by Andreessen Horowitz. Zoom acquired Keybase in May 2020 to strengthen its encryption and security capabilities during rapid pandemic-era growth. Keybase apps continued operating post-acquisition.
Why Keybase is interesting
Keybase made crypto identity usable for normies — linking Twitter/GitHub keys to encrypted chat and file sharing. a16z led its only VC round; Zoom bought the team for end-to-end encryption credibility during the pandemic video boom.
Product & use cases
Keybase provided end-to-end encrypted messaging, team chat, and file storage with a novel identity layer — users could prove ownership of social accounts via signed cryptographic proofs, creating a web-of-trust for secure communication.
- Secure team messaging with verified identities linked to public social profiles
- Encrypted file sharing and Git-style signed commits for developer teams
- Public-key discovery — finding someone's encryption key via their Twitter or GitHub handle
Key facts
- Series A (Jul 2015): $10.8M led by a16z (Keybase blog)
- Acquired by Zoom (May 2020) for encryption and security engineering talent
- Founded by Max Krohn and Chris Coyne — also co-founded SparkNotes and OKCupid
- Pioneered linking cryptographic identity to social media accounts
Funding history (newest first)
Investors in our directory
Funds linked from Keybase's profile — open a fund page for stage focus and related deal articles.
Competitive landscape
Edge: Keybase solved the key-discovery problem that plagued PGP for decades by anchoring identity to existing social accounts. Founders had prior exits (SparkNotes, OKCupid) and deep crypto engineering credibility.
Encrypted messaging is crowded but identity remains hard. Keybase's social proof model was differentiated pre-acquisition; Zoom bought talent and tech for enterprise E2EE rather than consumer scale competition with Signal.
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Signal direct
Gold-standard encrypted messaging; lacked Keybase's social identity mapping and team file features.
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Telegram adjacent
Large user base with optional secret chats; not end-to-end by default for most conversations.
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PGP/GnuPG alternative
Legacy encrypted email standard Keybase aimed to replace with usable UX.
Notable stories
- Krohn and Coyne previously built OKCupid and sold SparkNotes — bringing consumer-product UX instincts to cryptography, a field notorious for unusable tools.
- Zoom acquired Keybase in May 2020 as enterprise customers demanded stronger encryption during COVID remote-work scale-up.
Industries
FAQs about Keybase
Practical answers founders, operators, and investors typically search for.
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