Skip to main content
Caplight Logo









Foundation

Foundation

Private
Boston, MassachusettsCrypto & Web3https://foundation.xyz/

Last Round

VC Round

May 21, 2026

Total Funding Raised

$9.5M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Foundation is a hardware and software company that develops open-source tools for Bitcoin and the decentralized internet.

Sector

Crypto & Web3

Verticals

Digital Wallets, Computing Hardware, Consumer Electronics

Business Model

B2C

Customer Profile

Hardware Sales, Services & Consulting, Hardware + Subscription

AI Layer

Infrastructure

Keywords

hardware walletbitcoin hardware walletself-custody walletcold storage walletAI agent authorizationAI agent securityopen source hardwareair-gapped walletbitcoin self-custodydigital sovereigntyhardware root of trustFIDO security keyAI guardrailsmobile wallet appUSA assembled hardware

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Unlock Pricing Charts

Sign up to view complete historical pricing and secondary transactions.

Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

View Momentum History

Track how buyer interest and sentiment changes over time.

Foundation Comparables

Compare Foundation with similar companies based on industry and business-model similarity.

Foundation comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Coinkite Inc.
86%
BitBox
86%
SecuX Technology Inc.
81%

Foundation Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
VC RoundMay 21, 2026
SeedDec 19, 2022
Pre SeedJun 4, 2021

Key People

Founding team and executive leadership

Ken J Carpenter

Cofounder Chief Technology Officer

Founding Team

Zach Herbert

Cofounder CEO

Founding Team

Foundation Investors

Notable investors and investment history

Foundation investors
InvestorRounds
InflectionPre Seed
Fulgur VenturesPre Seed, VC Round
Third PrimeSeed, Pre Seed
Polychain CapitalVC Round, Seed
AloniqSeed
BoltSeed, Pre Seed
Lightning VenturesSeed

Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 21, 2026

    Monthly visitors increased 64% MoM, reaching 23.4K.

  • May 21, 2026

    $6.4M raised, led by Fulgur Ventures.

Recent news

Latest coverage and updates

  • launchesSep 15, 2026

    Foundation Devices, Inc. launched beta release of Legacy Mode for Passport on Sep 15th '26.

Foundation Filings

Explore SEC and related filing metadata, where available.

Foundation filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

Filing documents are not displayed on this public page. Request access to learn about available coverage.

Request access

Frequently Asked Questions

Common questions about Foundation's valuation, stock price, and market status.

Is Foundation a public or private company?

Foundation is a private company.

What is the current stock price of Foundation?

Foundation is a private company with no public stock price. No recent secondary market data is available.

How much is Foundation worth (valuation)?

Valuation information for Foundation is not publicly available.

Can I buy Foundation stock?

Foundation shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors. Visit https://www.caplight.com to learn more.

When was Foundation's last funding round?

Foundation's most recent funding round was Early Funding on May 21, 2026.

Who are the main investors in Foundation?

Key investors in Foundation include Fulgur Ventures.

Will Foundation IPO soon?

No public IPO plans have been announced for Foundation.

How can I track Foundation secondary market activity?

Caplight tracks bids, offers, and trades for private companies. Visit https://www.caplight.com to monitor Foundation's secondary market activity and sign up for updates.

Firmographic Details

HeadquartersBoston, Massachusetts
Employee Range11
Year Founded2020
Last FundingMay 21, 2026

Institutional Data Access

Join leading institutional investors using Caplight to access private market data, discover pricing, and execute secondary block trades.

Requires verified institutional or accredited status.

See something wrong or outdated?