SimpleX Chat

The world’s most private messaging app

https://wefunder.com/simplex.chat

Total raised on Wefunder: 190323

Total investors: 208

Quick facts

  • 600,000+ monthly users, 20x more than at the 2023 round
  • Prior investors include Jack Dorsey and Asymmetric Capital Partners
  • Revenue plan: businesses and big channels pay, private messaging stays free
  • Invest $500+ before December 10 to reserve a SimpleX public name ahead of the sale
  • Built with $1.7M total investment
  • $650,000+ community donations, Vitalik Buterin among the donors
  • Founder created Ajv, a JavaScript library with over 1.5B downloads a month

Team profiles

Featured investor profiles

Invest in SimpleX Chat

The world’s most private messaging app

EARLY BIRD TERMS: $259,677 LEFT

$287,823

raised from 208+ investors
INVESTMENT TERMS
Future Equity
 $45M  $40M post-money valuation cap
Early Bird Bonus: The first $450K of investments will be in a SAFE with a $40M valuation cap

Highlights

VC-Backed

Raised $250K or more from a venture firm

VC-Backed
1
600,000+ monthly users, 20x more than at the 2023 round
2
Prior investors include Jack Dorsey and Asymmetric Capital Partners
3
Revenue plan: businesses and big channels pay, private messaging stays free
4
Invest $500+ before December 10 to reserve a SimpleX public name ahead of the sale

Related company links

Featured Investors


Team


Pitch Deck

1 / —

Memo

In short: The network where you own your identity

The network where you own your identity. Private conversations you can trust. Businesses and big channels pay, users’ data is private. SimpleX may become your agents’ network. A phone with chats from Mom, Local News, Acme Co. and My agent.

On SimpleX, no person or AI can contact you, or pretend to be somebody you know, unless you give them a link, because it is the only messaging network without any user identifiers.

SimpleX has 600,000+ monthly users, up 20x organically since the 2023 round.

We have no user data to sell, so we plan to charge businesses and big channels for names, website chat and servers, while private messaging stays free.

As people let AI agents buy for them, SimpleX may become the network they use.

Live webinar: Who owns your identity in the AI economy? November 19, 10am PT, 1pm ET, 6pm UK, with Evgeny Poberezkin and Bruce McCarthy. Register on Zoom.

Register on Zoom for the live webinar on November 19.

Perks for investors

If you invest $500 or more, you will receive a free SimpleX public name for your channel or business – 8+ letters with $500+, 7+ letters with $1,000+, and 6+ letters with $5,000+.

Invest before December 10 to reserve it ahead of the public sale, and we will contact you about the process. The name will be registered for 5 years during early bird terms, and for 3 years after that.

All investors receive free SimpleX supporter badges.

Every other platform controls your identity

Other platforms hold who you are, a phone number; who you talk to, your contacts; and your account, an on switch. SimpleX has none of them, by design.

For 150 years, from the telephone to email and messengers, to be reachable you had to be identifiable, by a phone number, username, random identifier or public key.

That gives networks the power to surveil private life, sell your data and revoke access, and anybody who has your number can contact you.

Even encrypted platforms see who you talk to, when, and where.

We invented and built SimpleX Network without any user identifiers

No phone numbers, emails, accounts, or even random numbers identify SimpleX users. Every conversation has its own address, and your data stays only on your device, so no one, including the servers, can see who you talk to.

As one user wrote: “As long as I don't invite anyone to a chat, nobody can find me – and that's the best part about it. That's how privacy works”. Families tell us they use SimpleX Chat with their children, because they feel safe knowing no one can reach them.

Users fully control their groups and channels, and nobody can take their work, because only the users hold the keys.

The network runs on independent operators – SimpleX Chat and Flux are preconfigured in the app, and anyone can run their own servers. Trail of Bits audited the open-source software and protocols in 2022, 2024, and 2026 (to be published).

600,000+ users – organic growth

Chart: 600,000+ monthly users, 2022 to 2026. Marked: 2023 round, July 2023; the October 2024 peak, Telegram users joined before channels could scale; Scalable channels shipped, April 2026; This round, August 2026.

600,000+ people use SimpleX monthly, up roughly 70% in the last six months. Among them are security and cryptography experts – the hardest users to win over.

With no user accounts or identifiers to count, the number is estimated from app store and download statistics. 3 million people have downloaded the app.

200+ independent reviews, posts, and videos in 20+ languages (simplex.chat/links).

SimpleX is a network, not just an app

SimpleX is a network, not just an app. Each user group makes the network more valuable to the rest: users, 600,000+; creators, thousands of groups and channels; 50+ businesses; developers, 19K+ GitHub stars; ~1,000 servers run by volunteers.

All five user groups came organically: more users attract creators and businesses, creators attract servers and developers, and more content and utility attract more users – driving organic growth.

Volunteers run servers at their own cost, alongside Flux and StormyCloud.

Channels accelerate SimpleX Network growth

Messaging grows person by person: whole social graphs have to move together, which is slow against networks such as WhatsApp or Telegram. But one creator can bring thousands of subscribers to a channel, and some of them would then start their own.

Telegram channels tried to migrate in 2024/25, before SimpleX channels could scale. In 2026, users created over 12,500 channels. Our curated directory lists 500+ public groups and channels, 30% of them active daily.

The growth happened without in-app discovery, which we plan to release this year.

Channels published on the web reach readers without the app.

Developers already build on SimpleX

Developers build on SimpleX: moderation and AI bots, Telegram bridges, an OpenClaw plugin and other services. GitHub stars at the end of each year grow from near zero in 2021 to 19,646 on Nov 5, 2026.

Some projects call themselves SimpleX-first: their apps run all communications over SimpleX. We make building easy with open-source JavaScript and Python libraries, and provide a customer-support bot for businesses.

AI agents on SimpleX. Released: your AI agent gets its own SimpleX profile, you approve its actions with one tap, and it never sees your own chats. Planned for 2027: right in the chat, interfaces AI services create on the fly.

The MCP server we released makes every bot on SimpleX a service for your agent.

Every service that developers build on SimpleX Network may increase its value, and bring new users to SimpleX Chat.

Why SimpleX cannot be copied

No other communication system combines the four properties in the table:

Why SimpleX cannot be copied: of Signal, Matrix, Telegram, Nostr and SimpleX, only SimpleX has all four: scalable one-to-many delivery, ownership that can't be revoked, channels that survive any server, participants who can't be identified.

Other networks rely on user identifiers to deliver messages, so they would have to rebuild from scratch.

Large platforms earn from those identifiers, so removing them would destroy their revenue model.

A new company would need users, creators, businesses, developers and servers at once, and SimpleX already has them.

Why now: AI is breaking trust in the networks we use

AI fakes people you trust. Platforms surveil and deplatform. AI agents act for people, and a platform that controls your agent’s identity can shut it down. All three increase demand for privacy and a network without user identifiers.

AI made surveillance, deplatforming and fraud effortless, so anyone with a user identifier will now be targeted. For AI agents that handle logins and money, a user-controlled identity is basic security, not a preference.

Revenue plan: businesses & big channels pay

Revenue plan: businesses & big channels pay. A phone’s chat list: Acme Co., businesses pay for website chat and a public name; Local News, big channels pay for a public name and servers; Mom, private chats are free.

Beyond paid storage capacity, charging users for features would erode the trust behind organic growth.

On average, users donated ~$1.24 each a year, which shows they are willing to pay.

Public network names for businesses and channels

Public network names. Businesses, creators and publishers need to be found; the network still cannot see who they talk to. A search for #acmecorp finds the Acme Co. channel, with Join channel. Public test released. Invest $500 to reserve a name.

Names are unique, paid yearly and controlled by the owner's key, so no one can take them. Sales are planned in 3–6 months.

We plan to earn 80–90% of names revenue. At an expected average of $50 a year, 10,000 names would cover our current $360,000 annual operating cost.

Business messaging: secure chat on any website

Business messaging. Proof of concept done. Planned: secure chat on any website, with one line of code. Your website, the SimpleX Chat widget, a private conversation with no app needed, and optionally the SimpleX Chat app.

With the widget, people and AI agents would answer customers together, and customers would see who is talking. Customers stay private, as whistleblowing, ethics and HR require by law.

The business can reply later without asking for contact details – businesses lose most visitors when they ask for a phone number.

50+ businesses use SimpleX Chat for support and would be the first customers, at an expected $20–100 a month, planned 6–9 months after the round closes.

It also grows the network: customers who chat with businesses use SimpleX without installing it, and a QR code scan moves those chats into the app.

Paid servers for big channels

Big channels beyond the free tier would pay for the servers that deliver their messages, at an expected $20–50 a month, within 12 months after the round closes.

The proof of concept is ready. Server operators would earn up to 65% of the revenue, several times their cost, and SimpleX Chat the rest.

An open network others can build on

The network is open, because one app cannot reach every audience: many apps may grow the network faster than we could alone, and a bigger network may bring more users and revenue for SimpleX Chat.

The SimpleX Network Consortium, an agreement between the non-profit SimpleX Network Foundation and SimpleX Chat, prevents any single company from controlling the network. The protocol and the right to use the SimpleX mark for the network are licensed to the foundation permanently, so the protocols and software remain available regardless of who owns the company.

SimpleX Chat business is protected: the company owns the app, the brand, app stores distribution, preset relay infrastructure and a revenue share, all protected by its veto over Consortium decisions.

The goal: infrastructure for all communications

The goal: infrastructure for all     communications. A network where you own your identity: private messages, public channels, businesses and AI agents, with names and payments for any service, on one network. Owned by nobody. Commercialized by us.

Telephony, email and the web each converged on one protocol. Messaging has not, because no shared protocol could support each app's own experience. Once we add custom user experiences in the chat, SimpleX might become the network that messaging converges on.

Each new kind of computer needed its own network: the internet for mainframes, the web for PCs, app stores for smartphones. AI models need one too, and people who use AI agents need what SimpleX provides: an identity no platform controls and communication no one can observe.

Public names and payments work for any service on the network, so the revenue may grow with everything built on it.

Why this team wins

We have built large-scale systems and open-source software that millions of systems and projects rely on. We listen and build what people need.

Our advisors include Moritz Angermann (IOHK, Haskell), Bruce McCarthy (Product Culture), and Nick Rogers (ex-Stream, co-founder of Fieldwork.ai) – they invested in this round.

Meet us at the live webinar “Who owns your identity in the AI economy?” with Evgeny Poberezkin and Bruce McCarthy on November 19, 10am PT, 1pm ET, 6pm UK: register on Zoom.

Use of funds

SimpleX Chat spends about $30,000 a month. We plan to use the proceeds of this round to launch revenue products and make the SimpleX Network sustainable. As funds become available, our priorities are:

1. Launch revenue products: public names, business messaging and paid infrastructure for big channels.

2. Build products that grow the network: publishing, moderation and in-app discovery for creators; interactive widgets and activities in conversations; tools for server operators.

3. Grow the team: sales and marketing, operations and engineering.

Own a part of SimpleX Chat

Own a part of SimpleX Chat. We are building a network that people own. We invite you to invest and benefit from its growth. Below the words, glass arcs rise over the curve of the Earth. The SimpleX logo is at the bottom left.

By investing in SimpleX Chat, you benefit from the company growth and help build the first network that protects private life because it has no user identifiers – a design decision that cannot be retrofitted into any existing network.

Before the internet, conversations were private and communities belonged to the people who built them. Platforms took both. We are building a network that gives them back – the future we set out in our network philosophy.

We're building the network to support that future. We invite you to own a part of it.

Overview