Foundation Devices
Developer of Bitcoin-centric tools that include a hardware wallet
FOUNDATION
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Foundation Devices is a developer of Bitcoin-centric tools, with their flagship product being Passport - a $259 hardware wallet that uses a camera and QR codes for secure communication, instead of a USB or wireless connection to the outside world. Additionally, they have developed the Envoy mobile app, which helps users set up, maintain, and interact with their Passport wallet.
Team Members
Zach HerbertCofounder & CEO
Ken CarpenterCo-founder and CTO
J
Jacob J.Vice President Operations
Investors
Polychain
Greenfield Capital
Lightning Ventures
Third Prime
Warburg Serres
Unpopular Ventures
Bolt
Inflection
Fulgur Ventures
Deep VenturesM
Massachusetts Avenue CapitalFundrasing details
| Funding Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
Seed | $7.00M | -- | 2022-12-18 |  Polychain* Greenfield Capital+ 5 |
Pre-Seed | $2.50M | -- | 2021-07-09 |  Bolt* Inflection+ 6 |