Confide

New York, United States Founded: 2013 • Age: 13 yrs Acquired By IAC
Secure messaging with self-destructing texts is provided for private communication.
Annual revenue - Latest available
Total funding $3.5M 2 rounds
Employees 2 Tracked headcount
Investors 15 Known backers
Products 2 Services tracked
Competitors 8 Brand Intelligence

About Confide

Confide is a company based in New York (United States) founded in 2013 was acquired by IAC in January 2021. It operates as a SaaS (Software-as-a-Service) and Freemium. Confide has raised $3.5 million across 2 funding rounds from investors including Lakestar, IAC and Lerer Hippeau. The company has 2 employees as of December 31, 2019. Confide offers products and services including Confide Messenger and Confide Plus. Confide operates in a competitive market with competitors including Signal, DatChat, Tunnel X, BlackSMS and NapoleoN Chat, among others.

  • Headquarter New York, United States
  • Employees 2 as on 31 Dec, 2019
  • Sectors
    Telecommunications
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Bending Spoons Operations S.P.A.
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $3.5 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.6 M (USD), Seed

    Mar 10, 2016

  • Investors
    Lakestar

    & 14 more

  • Employee Count
    2

    as on Dec 31, 2019

  • Acquired by
    IAC

    (Jan 28, 2021)

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Products & Services of Confide

Confide offers a comprehensive portfolio of products and services, including Confide Messenger and Confide Plus.

Product name locked
Category locked
Primary

Encrypted messaging app with self-destructing, screenshot-proof features.

Product name locked
Category locked
Locked

Premium messaging with unlimited attachments and additional features.

Funding Insights of Confide

Confide has successfully raised a total of $3.5M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.6 million completed in March 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Confide

Confide has secured backing from 15 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lakestar, IAC and Lerer Hippeau.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage investments are provided to transformative technology companies.
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US focused seed and early-stage VC firm
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Seed & early stage tech-focused micro-VC firm funding companies in the US
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Investor details for Confide

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  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Confide

Investments
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Investment portfolio details for Confide

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

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Financial Statements - Confide

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Detailed financials for Confide

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  • Profit trends
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Confide Comparisons

Confide Primary company
Description
Secure messaging with self-destructing texts is provided for...
Location
New York, United States
Founded Year
2013
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
2
As of 2019
Premium access

Peer comparison for Confide

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Competitors of Confide

Confide operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Signal, DatChat, Tunnel X, BlackSMS and NapoleoN Chat, among others.

Company Name Domain Founded year HQ Location Description
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A secure messaging platform is provided for private, ephemeral communication.
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Ephemeral messaging platform offered for enterprise social networking.
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Secure private messaging is enabled via photo authentication and encryption.
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Encrypted ephemeral messages are sent securely via a mobile app.
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Offers an app-based platform for messaging and calling.
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Detailed competitors of Confide

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Latest news on Confide

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Complete news archive for Confide

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  • Source and publication date
  • Older coverage
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Frequently Asked Questions about Confide

Confide was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Confide is headquartered in New York, United States. It is registered at New York, New York, United States.

Confide is a funded company, having raised a total of $3.5M across 2 funding rounds to date.

As of Dec 31, 2019, the latest employee count at Confide is 2.

A secure messaging platform is offered by Confide, focusing on privacy and confidentiality. Encrypted, self-destructing, and screenshot-proof messages are provided to ensure user communications remain private. The service is utilized across over 200 countries, supporting multiple languages. Solutions include text, photo, video, document, and voice messaging for individuals and groups. Additional features are made available through a premium subscription, Confide Plus, which includes unlimited attachments and message retraction. The technology sector, specifically communication software, is primarily targeted with an emphasis on end-to-end encryption and user security.

Confide's top competitors include Signal, DatChat and BlackSMS.

Confide offers Confide Messenger and Confide Plus.

Confide has 15 investors. Key investors include Lakestar, IAC, Lerer Hippeau, SV Angel, and First Round Capital.

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