# Satellite.im

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/satellite-im

- Industry: Internet
- Headquarters: Boston, US
- Website: www.satellite.im
- Total disclosed funding: $11M
- Latest round: Series A (Aug 11, 2022)
- Investors on record: 6

## About

Based in Massachusetts, US, and founded in 2021, Satellite.im operates as a Web3 platform. The company was founded by its CEO and President, Matthew Wisniewski. In August 2022, Satellite.im raised USD 10.5 million in seed funding co-led by Framework Ventures, Hashed Ventures, Solana Ventures, and Pioneer Square Labs.

Satellite.im offers a decentralized communication platform, which is a text communication platform that uses encryption technology for private messaging and enables users to encrypt and save documents or messages. The platform offers multiple features, such as file sharing and streaming video content up to 4K quality. Its mobile-native app lets users chat from anywhere.

The company plans to use the funds raised in August 2022 to accelerate its growth and global expansion.

## Funding rounds

- Series A, Aug 11, 2022, $11M — Multicoin Capital, Pioneer Square Labs, Hashed Ventures, IDEO CoLab Ventures, Framework Ventures, Solana Ventures

## Investors

- Multicoin Capital (https://capitalatlas.ai/funds/multicoin-capital) — Series A
- Pioneer Square Labs (https://capitalatlas.ai/funds/pioneer-square-labs) — Series A
- Hashed Ventures (https://capitalatlas.ai/funds/hashed-ventures) — Series A
- IDEO CoLab Ventures (https://capitalatlas.ai/funds/ideo-colab-ventures) — Series A
- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Series A
- Solana Ventures (https://capitalatlas.ai/funds/solana-ventures) — Series A