Funding Tracker
Announced March 19, 2025Cape raises $30M
- Company
- Cape
- Round
- Venture
- Amount
- $30M
- Investors
- Andreessen Horowitz (lead)
- Announced
- March 19, 2025
What happened
Cape raised an additional $30 million led by Andreessen Horowitz as it opened a $99/month beta of its privacy-first mobile plan and announced a partnership with encrypted-services provider Proton.
Why it matters
A fast follow-on round while still in beta signals investor conviction that privacy-hardened wireless can command a premium price point well above typical MVNO ARPU.
Privacy
United States
Source: TechCrunch
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