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Private Tech

Mobile carrier that minimizes and deletes subscriber data

  • Washington Dc, DC
  • Founded 2022
  • Telecom
  • cape.co

Raised to date

$105M

of $105M offered across 1 Form D filing

Investors
17
Last filed
Jul 29, 2026

About

Private Tech Inc., which operates as Cape, is a privacy-first mobile network operator in the United States. Unlike a reseller MVNO, Cape owns and operates its own cloud-based mobile core and SIMs, which lets it minimize the subscriber data it collects and delete what it does collect. Its consumer plan provides nationwide talk, text and 4G/5G data (riding partner networks including UScellular) with anti-surveillance features such as daily identifier rotation, disappearing call logs and SIM-swap protection. The company was founded in 2022 by former Palantir employees John Doyle and Nicholas Espinoza and has raised roughly $190-195M from investors including Andreessen Horowitz, Bain Capital Ventures and IVP.

The only US consumer carrier that runs its own mobile core and SIMs specifically to strip out the subscriber identifiers and location trails that make conventional carriers a surveillance surface — no SSN at signup, call logs deleted after a day, and IMSI rotated daily.

Funding

  • EquityFiled Jul 29, 2026Form D
    $105M/ $105M

Product

Cape Privacy Unlimited

Consumer mobile service / privacy and security

A nationwide privacy-first mobile plan with unlimited talk, text and data, sold at $70/month early-adopter pricing (regularly $99/month), running on Cape's own mobile core and SIMs.

  • Identifier rotation — the subscriber IMSI is changed daily
  • Disappearing call logs, deleted after one day
  • SIM swap protection

Built for

Privacy- and security-conscious US consumers, plus high-risk individuals such as journalists, activists, executives and government personnel

People on file