Foundation

company

About

Foundation builds Bitcoin-centric tools that empower you to reclaim your sovereignty.

Details

Last Funding Type
Seed
Last Funding Money Raised
$7M
Industries
Bitcoin,Cryptocurrency,Hardware,Open Source
Founded date
Apr 1, 2020
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Foundation Devices, Inc.
Also Known As
Foundation

Foundation Devices builds the open hardware foundation for Bitcoin and the sovereign Internet.


They started Foundation Devices to make beautifully designed, open-source hardware for Bitcoin and the decentralized Internet. To bring great design and UX to hardware wallets, nodes, and more. To empower individuals to securely use and store Bitcoin while maintaining their sovereignty. To help our industry cross the chasm while staying true to its founding ideals. We call this open hardware. And we are excited to bring it to the world!

Funding Rounds

Number of Funding Rounds
Total Funding Amount
3
$10.16M
Foundation has raised a total of $10.16M in funding over 2 rounds. Their latest funding was raised on Dec 19, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 19, 2022 Seed $7M 7 Polychain Detail
Jun 10, 2021 Pre-seed $2.50M 9 Bolt Detail
Sep 9, 2020 Angel $665K 9 Detail

Investors

Number of Lead Investors
Number of Investors
2
18
Foundation is funded by 18 investors. Polychain and Bolt are the most recent investors.
Investor Name Lead Investor Funding Round
Polychain Yes Seed
Bolt Seed
Greenfield Seed
Lightning Ventures Seed
Third Prime Seed
Unpopular Ventures Seed
Warburg Serres Investments Seed
Deep Ventures Pre-seed
Fulgur Ventures Pre-seed
Inflection Pre-seed

Employee Profiles

Number of Employee Profiles
3
Foundation has 3 current employee profiles, including Board member Tyler Mincey
Board member
Executive
Executive