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Financials
Funding and backers
Total raised
$15.9M
2 rounds on record
Latest round
$13.4M
Venture round · Dec 2025 · 10 mo ago
The money's age
Fresh money
10 months since the last round · not hiring
Momentum
35/100
in the news, fresh money
Last sign of life
1 mo ago
a posting or a news item
The story so fareach stage dated by its source: the company's releases, the press, registers, filings
Dec 17, 2025
Raised a round Venture round $13.4M · SEC Form D
Jul 14, 2022
Released an app Envoy by Foundation · App Store
Jun 4, 2021
Raised a round Venture round $2.5M · SEC Form D
2020
Founded
Tractionpublic signals, read monthly
Web presence
top 0.78%
of 133.2M domains by links, Common Crawl
App Store
4.6 ★
30 ratings
Funding rounds
| Round | Date | Amount | Investors | Source |
|---|---|---|---|---|
| Venture round | Dec 2025 | $13.4M | — | SEC Form D |
| Venture round | Jun 2021 | $2.5M | — | SEC Form D |
Registers and programsofficial lists and records that name the company
| Legal entity | Foundation Devices, Inc. | SEC Form D |
Founders and leadersfrom filings, registers and the company's site
Zachary HerbertExecutive Officer, DirectorSEC Form D
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Overview
Foundation Devices builds open-source bitcoin hardware wallets manufactured in the United States. Its Passport devices use air-gapped QR code signing and fully published firmware and hardware designs. The company targets users who want supply chain transparency in their self-custody hardware.
News
KeyOS version 1.4.0 is now available!
We're excited to announce that the latest version of KeyOS - 1.4.0 - is now live on Passport Prime! To download it, simply initiate the update from Envoy to be guided through the process. WHAT'S CHANGED KeyOS 1.4.0 is a major release for Passport Prime, h
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Report
Envoy version 2.3.3 is now available
The latest version of Envoy - 2.3.3 - is now published on all your favorite mobile platforms! To download it, simply visit our download page or check for updates on your platform of choice. Please note that there can be a significant lag from publishing t
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Report
Envoy version 2.3.2 is now available
The latest version of Envoy - 2.3.2 - is now published on all your favorite mobile platforms! To download it, simply visit our download page or check for updates on your platform of choice. Please note that there can be a significant lag from publishing t
Read more
Report
Envoy version 2.3.1 is now available!
We're excited to announce that the latest version of Envoy - 2.3.1 - is now published on all your favorite mobile platforms! To download it, simply visit our download page or check for updates on your platform of choice. Please note that there can be a si
Read more
Report
KeyOS version 1.3.1 is now available!
We're excited to announce that the latest version of KeyOS - 1.3.1 - is now live on Passport Prime! To download it, simply initiate the update from Envoy to be guided through the process. WHAT'S CHANGED KeyOS 1.3.1 adds last word generation to seed entry
Read more
Report
Foundation Ambassador Program: New Ways to Earn and Get Rewarded!
Our ambassadors have always been more than referral links. They are educators, advocates, and community members who help others understand why Bitcoin, privacy, and human authority matter. When we first launched the Foundation Ambassador Program, we kept
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KeyOS version 1.3.0 is now available!
We're excited to announce that the latest version of Passport Prime firmware, KeyOS 1.3.0, is now live! To download it, simply initiate the update from the settings menu in your Passport Prime and choose 'Update with Envoy' to be guided through the proces
Read more
Report
Best Bitcoin Hardware wallet 2026
The Best Bitcoin Hardware Wallet of 2026 The best Bitcoin hardware wallet in 2026 is Passport Prime by Foundation. It combines fully open-source firmware, offline key protection, US assembly, and security features that extend beyond Bitcoin, including off
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Envoy version 2.3.0 is now available!
We're excited to announce that the latest version of Envoy - 2.3.0 - is now published on all your favorite mobile platforms! To download it, simply visit our download page or check for updates on your platform of choice. Please note that there can be a si
Read more
Report
The Missing AI Layer Is Not Security. It's Authority.
AI agents are now computer users. They browse websites. They read files. They write code. They call APIs. They log in to accounts. They handle credentials, use tools, and take actions across software that was originally designed for humans. This is exhila
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People

Zachary Herbert
Executive Officer, Director

Oleg Mikhalskiy
Director

Kenneth Carpenter
Director
Names and roles come from public filings, company registers and the company's own site. Is this you? Correct or remove · How we handle this data
Offices
Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Boston
United States
HQ






