Security · founded 2022

Cape

Privacy-first mobile carrier that avoids collecting subscriber data, serving consumers and national security users.

Private. Raised a $100M Series C co-led by Bain Capital Ventures and IVP (March 2026) at a $900M valuation, about $190M total. Revenue grew from $4.5M in 2024 to $37M in 2025, and it holds 31 government contracts.

cape.co

Founders

John Doyle, Nicholas Espinoza

Palantir alumni at Cape

Sources

See Cape on the map