Foundation: Funding, Investors & Team (Oct 2026)
We build Bitcoin-centric tools that empower you to reclaim your sovereignty, including Passport hardware wallet and Envoy mobile app.
Foundation has raised $9.0M across 2 funding rounds on record, the most recent a Seed of $7.0M announced in Dec 2022.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Foundation Company Profile and Key Stats
Latest funding round on record: Dec 2022.
Foundation Funding Rounds
Foundation raised $2.0M in an undisclosed round announced in Jun 2021.
1.5 years later, a Seed of $7.0M was announced in Dec 2022.
Foundation Founders and Leadership Team
No contact details are on record for this team yet.
Foundation Funding Compared to Other Financial Services Startups
Foundation's latest round of $7.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Foundation Funding FAQs
What does Foundation do?
We build Bitcoin-centric tools that empower you to reclaim your sovereignty, including Passport hardware wallet and Envoy mobile app.
How much funding has Foundation raised?
Foundation has raised $9.0M across 2 rounds on record. The most recent is a Seed of $7.0M announced in Dec 2022.
When did Foundation last raise funding?
Foundation's most recent funding round on record is a Seed of $7.0M, announced in Dec 2022.
Who is the CEO of Foundation?
Zach Herbert is listed as CEO at Foundation.
Where is Foundation headquartered?
Foundation is based in Boston, Massachusetts, United States.
How many employees does Foundation have?
Foundation is in the 1-10 employee band.
How does Foundation's funding compare to other Financial Services startups?
Foundation's latest round of $7.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Foundation Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Foundation is left off this page rather than filled in.
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