# Keybase

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/keybase

- Industry: IT Security/Cybersecurity
- Headquarters: New York, US
- Website: www.keybase.io
- Total disclosed funding: $11M
- Latest round: Series A (Jul 15, 2015)
- Investors on record: 2

## About

Keybase, Inc. is a secure messaging and file-sharing platform utilizing public key cryptography to ensure user privacy. It enables encrypted communication for individuals and groups, creating a trusted environment for sensitive interactions.Founded in 2014 and headquartered in New York, US, Keybase, Inc. specializes in secure messaging and file-sharing services. The company has raised a total of USD 10.80 mn through funding rounds, with the most recent being a Series A round on May 7, 2020. The lead investor was Andreessen Horowitz. Keybase was the target of this investment, which has facilitated its operational growth.Keybase offers a suite of secure messaging and file-sharing services that employ public key cryptography to ensure the privacy of user communications. Central to its offerings is a messaging platform that allows individuals and groups, including families, roommates, clubs, and friends, to send encrypted messages that even the company cannot access. Additionally, Keybase enables users to create teams and connect with public identities across various platforms such as Twitter and Reddit, facilitating community engagement. The service also includes secure document storage, equipped with end-to-end encryption for sensitive files such as photos and videos. Keybase’s products are available globally, with users spanning numerous geographic markets, including North America, Europe, and parts of Asia.Keybase's revenue model primarily revolves around subscription-based services and direct-to-consumer offerings. Customers can engage with Keybase for secure messaging and file storage, which may involve regular payments for ongoing service access. The company could structure its transactions with a focus on individual users and groups, who pay for enhanced features, such as the ability to send timed or "exploding" messages, which self-destruct after a predetermined period. While specific pricing details are not disclosed, the service may be monetized through tiered subscription plans that provide varying levels of functionality and storage capacity. The emphasis on providing a secure environment for sensitive communications positions Keybase as a vital resource for both personal and community-oriented interactions.In May 2020, Zoom Video Communications, Inc. agreed to acquire Keybase, Inc. Financial terms were not disclosed. Keybase is expected to leverage this acquisition to enhance its platform and expand its user base. The future growth strategy may include developing new product features that bolster security and improve user experience, although specific plans have not been detailed.

## Funding rounds

- Series A, Jul 15, 2015, $11M — Andreessen Horowitz, Corazon Capital

## Investors

- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A
- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Series A