Funding Tracker
Announced March 19, 2026

Cape raises $100M

Company
Cape
Round
Series C
Amount
$100M
Investors
Bain Capital Ventures (co-lead), IVP (co-lead), 01 Advisors, 137 Ventures, Definition
Announced
March 19, 2026

What happened

Cape raised a $100 million Series C co-led by Bain Capital Ventures and IVP, with participation from 01 Advisors, 137 Ventures, and Definition, to scale private and secure mobile connectivity for enterprises, government, and consumers.

Why it matters

At roughly $190M in cumulative funding, Cape is now the best-capitalized independent MVNO in the US — and its enterprise/government pivot shows where the real money in secure wireless is heading.

Privacy
Enterprise
United States

Source: Business Wire (via FinancialContent)