# Proton Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/proton-technologies

- Industry: IT Security/Cybersecurity
- Headquarters: Geneva, Switzerland
- Website: www.protonmail.ch
- Total disclosed funding: $2M
- Latest round: Seed (Mar 18, 2015)
- Investors on record: 2

## About

Proton Technologies AG specializes in secure digital communication, focusing on privacy-centric tools for email, cloud storage, and internet browsing, emphasizing encryption and user confidentiality in its offerings.Proton Technologies AG, founded in 2014, is headquartered in Geneva, Switzerland. The company offers secure digital communication solutions without any notable pivots in its business strategy. Founded by Andy Yen, who aimed to enhance user privacy, Proton has successfully engaged in funding activities, raising a total of EUR 2 million, including a Grant from the European Commission in March 2019.Proton’s primary offerings include Proton Mail, an end-to-end encrypted email service, along with Proton Calendar, Proton Drive, Proton VPN, Proton Pass, and Proton Wallet. These tools cater to individuals, journalists, activists, and organizations, providing enhanced privacy in online interactions and are particularly popular in Europe and North America.Proton generates revenue mainly through subscription plans that enhance core services. Individual users and families can subscribe to various tiered plans for additional features, while business clients benefit from tailored solutions compliant with data protection regulations. This user-centric revenue model prioritizes user privacy over advertising revenue.Proton Technologies AG plans to utilize the EUR 2 million grant funding from March 2019 to further develop its product offerings and expand into new markets. Upcoming launches may include enhanced features for existing products, aiming for broader accessibility by targeting specific regions in Europe and North America by 2024.

## Funding rounds

- Seed, Mar 18, 2015, $2M — CRV, Fongit Seed Invest

## Investors

- CRV (https://capitalatlas.ai/funds/crv) — Seed
- Fongit Seed Invest (https://capitalatlas.ai/funds/fongit-seed-invest) — Seed