Fundraising Fox

Proton

Switzerland, CH Β· 2 known investors

proton.me β†—

Proton develops free and open-source privacy and security software including encrypted email, contacts, and VPN services. The company uses its technology and resources to defend digital freedom, internet access, and privacy rights globally, particularly for journalists, activists, and people living under authoritarian regimes.

Also known as Proton AG Β· Proton Mail Β· Proton SA Β· Proton Technologies AG Β· ProtonMail

Cloud ComputingCybersecurityImpact & Social GoodSector Agnostic

Founders & leadership

AYAndy Yen
Andy YeninFounder/CEO

Board

TB
Tim Berners-LeeAdvisor/Founder involvement

Investors Β· 2

Key figures

latest reported
App store ratingJan 20264.5 stars
Business customersJan 2026100,000 organizations
Crowdfunding raisedJan 2014$550.4K
EmployeesJan 2024500 people
Grants givenJun 2024$2.7M
Nationalities represented in workforceJan 202650 nationalities
Registered user accountsJan 2024100,000,000
Revenue pledged to Proton FoundationJun 2024$1
UsersJan 202270,000,000 users
VPN serversFeb 202511,496 servers

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 30

launches, deals, and filings
Dec 2025
Proton Sheets adds spreadsheet support

Encrypted online spreadsheets added to the Proton Drive/Docs suite.

source β†—

Sep 2025
Proton Meet launched

End-to-end encrypted video calling application built using LiveKit; opened for public access on 31 March 2026.

source β†—

Jul 2025
Lumo AI assistant launched

AI chatbot storing chat logs in encrypted storage; Proton states user data is not used to train models. Lumo searches the web via privacy-friendly search engines and is operated from German and Norwegian data centres.

source β†—

Jul 2024
Proton Docs launched

Document editing within Proton Drive, built in collaboration with the Standard Notes team.

source β†—

Jul 2024
Scribe AI writing assistant for Proton Mail

source β†—

Jun 2024
Proton Foundation becomes primary shareholder of Proton AG

Founder Andy Yen, co-founder Jason Stockman, and first employee Dingchao Lu donated Proton shares to endow the non-profit Proton Foundation, making it the largest voting shareholder. Proton pledged 1% of net revenues to the foundation when conditions allow; the foundation blocks changes of control and funds grant-making and mission-aligned investments.

source β†—

Apr 2024
Proton acquires Standard Notes

Acquisition of the end-to-end encrypted note-taking application Standard Notes, announced 10 April 2024.

source β†—

Apr 2024
Proton Mail desktop app for Windows and macOS

Desktop client released for paying subscribers, with a Linux version in beta; also provides access to Proton Calendar.

source β†—

Jan 2024
Proton Wallet launched

Self-custodial, open-source Bitcoin wallet with end-to-end encryption.

source β†—

Apr 2023
Proton Pass released in public beta

Cloud-based end-to-end encrypted password manager; made available to all Proton users as of 28 June 2023.

source β†—

Feb 2023
New version of Proton Mail Bridge released

Considered a major improvement; allows use of Proton Mail with third-party clients on Windows, macOS, or Linux without losing end-to-end encryption.

source β†—

Sep 2022
Proton Drive launched

End-to-end encrypted cloud storage launched after beta testing since 2020.

source β†—

May 2022
Company rebrand; ProtonMail renamed Proton Mail

source β†—

Apr 2022
Proton acquires SimpleLogin

Acquisition of the Paris-based email aliasing startup SimpleLogin; functionality was integrated into Proton Mail and Proton Pass while continuing as a standalone service.

source β†—

Apr 2022
@proton.me email addresses introduced

Users gained the ability to create @proton.me addresses alongside the previous default @protonmail.com.

source β†—

Jul 2021
Independent security and cryptographic architecture audit by Securitum

European security auditing company Securitum audited Proton Mail's security and cryptographic architecture, publicly publishing results and reporting no major issues or vulnerabilities.

source β†—

Mar 2021
Charles Rivers Ventures shares transferred to FONGIT

Proton confirmed that shares held by Charles Rivers Ventures had been transferred to FONGIT.

source β†—

Jan 2020
Proton VPN becomes open source

Proton announced Proton VPN would be open source, described as the first VPN service to do so, alongside an independent security audit.

source β†—

Jul 2018
Address verification and PGP support introduced

Made Proton Mail interoperable with other PGP clients.

source β†—

Dec 2017
Proton Mail Bridge launched

Desktop application bringing end-to-end encryption to IMAP/SMTP clients such as Outlook, Thunderbird, and Apple Mail on Windows and macOS.

source β†—

Nov 2017
Proton Mail Contacts launched

Zero-access encrypted contacts manager using digital signatures to verify contact data integrity.

source β†—

May 2017
Proton VPN released

VPN service launched after over a year of crowdfunding, with a no-logging policy and DNS/WebRTC IP leak prevention.

source β†—

Jan 2017
Proton Mail announces Tor onion site

source β†—

Mar 2016
Proton Mail 3.0 launches out of beta

Version 3.0 brought a new web client interface, public launch of iOS and Android beta apps, and removal of the signup waiting list.

source β†—

Jan 2016
Proton for Business launched

Business tier aimed at SMEs, nonprofits, and government agencies, with centralized admin panels, encrypted email for entire domains, and dedicated support.

source β†—

Aug 2015
Proton Mail 2.0 released

Version 2.0 shipped a rewritten web interface codebase and open-source front-end clients.

source β†—

Jan 2015
Top 100 Swiss Startup Award

Proton SA listed in the Top 100 Swiss Startup Award in 2015, and again in 2016, 2017, 2018, and 2019.

source β†—

Dec 2014
Proton joins RIPE NCC

Proton joined the RIPE NCC to gain more direct control over surrounding internet infrastructure.

source β†—

May 2014
Proton Mail enters public beta

Proton Mail launched as an end-to-end encrypted email service in public beta after a year of crowdfunding; beta signups were restricted after three days due to demand and an invite-only waiting list was introduced.

source β†—

Jan 2014
Indiegogo crowdfunding campaign raises $550,377

Proton Mail raised US$550,377 from 10,576 donors on Indiegogo in summer 2014 against a $100,000 goal. During the campaign PayPal froze the account, blocking withdrawal of US$251,721 in donations, citing doubts about the legality of encryption; restrictions were lifted the following day.

$550.4K source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Proton do?
Proton develops free and open-source privacy and security software including encrypted email, contacts, and VPN services. The company uses its technology and resources to defend digital freedom, internet access, and privacy rights globally, particularly for journalists, activists, and people living under authoritarian regimes.
Who founded Proton?
Proton was founded by Andy Yen.
Who are Proton's investors?
Proton's investors include CRV (Charles River Ventures), Felicis Ventures.
Where is Proton headquartered?
Proton is headquartered in Switzerland, CH.