Investor Type | Firm |
Industries | Web Security (& Privacy) • Developer tools • Messaging • DeepTech |
Stages | Seed, Series A |
Investing | United States |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
Signal Foundation is a nonprofit dedicated to advancing the state of the art in open source privacy technology to promote free expression and enable secure global communication. With a mission centered on privacy first, they uphold this by ensuring data is not in the possession of anyone, including the foundation itself, but rather, it is protected from all parties. Signal Foundation's flagship product is the Signal Messenger, which was developed with the belief that user privacy equates to keeping data inaccessible to others. Signal Foundation is a committed member of the open source community, publishing their technology and sharing their knowledge to inspire adoption in other companies' products and services. Established in 2018 to support Signal Messenger, which originated in 2012, the foundation has contributed to the growth and operations of Signal and explores the future of private communication. As a 501c3 nonprofit, Signal Foundation operates without the influence of advertisers or investors and relies on the community's backing. Their unique Foundation + LLC structure signifies their broader ambition to one day promote additional privacy-preservation projects. Moreover, the organization strives to deliver Signal Messenger as a free application worldwide, dependent on community support. The board members of Signal Foundation include tech and policy experts with a wealth of experience ranging from building prominent consumer technology products to advising regulatory bodies on technology policies. This blend of experience ensures that Signal Foundation remains at the forefront of innovation and policy discourse when it comes to privacy technology. Their specialties include seed and series A investments, with a minimum investment of $100,000, a maximum of $5,000,000, and a sweet spot of around $1,500,000. The fund targets sectors such as Web Security & Privacy, Developer Tools, Messaging, and DeepTech.