Foundation Devices

HardwareSeedBoston, USfoundation.xyz

Latest round

Seed

Last raised

Dec 2022

Total raised

$9.5M

Investors

11

About Foundation Devices

Based in Massachusetts, US, and founded in 2020, Foundation devices Inc operates as a developer of products that make bitcoin and decentralized technologies accessible to people. The company was founded by Zach Herbert (CEO), Ken Carpenter (CTO), and Jacob Johnston. In May 2026, Foundation Devices, Inc. The sovereign computing company offers a passport hardware wallet and Envoy mobile application. Passport batch 2 offered by the firm is open source and comes with a camera. The hardware wallet supports bitcoin PSBTs and supports software such as bitcoin core, Nunchuk, Specter, etc. Another offering by the firm includes Envoy which is an application for the passport. The application offers a guided setup for the passport. The bitcoin software wallet is open source and notifies the users of passport firmware updates. It also provides in-app support resources and connects to the internet via Tor by default.

Who invested in Foundation Devices

11 investors across 2 rounds

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Funding rounds

  1. Seed

    Dec 19, 2022

    Amount

    $7M

    Investors

    Locked

  2. Seed

    Jun 4, 2021

    Amount

    $2.5M

    Investors

    Locked

Questions about Foundation Devices

Who invested in Foundation Devices?

Foundation Devices has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Foundation Devices raised?

Foundation Devices has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Foundation Devices last raise money?

Foundation Devices's most recent round on record is a Seed, in Dec 2022.

What does Foundation Devices do?

Based in Massachusetts, US, and founded in 2020, Foundation devices Inc operates as a developer of products that make bitcoin and decentralized technologies accessible to people.

Where is Foundation Devices headquartered?

Foundation Devices is headquartered in Boston, US.

Which VCs invest in companies like Foundation Devices?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back hardware companies at Foundation Devices's stage. Their profiles are linked below.

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