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COMPANY PROFILE

SimpleX Chat

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Offers a privacy-focused messaging platform with no user IDs

London, United KingdomFounded 2021Cybersecurity
Revenue <$1M Latest reported FY
Headcount <100 Current team size
Total funding $0–10M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for SimpleX Chat and the history behind them.

About SimpleX Chat

SimpleX Chat is a cutting-edge messaging platform that prioritizes user privacy and security above all else. Unlike traditional messaging services, SimpleX does not assign any identifiers to its users—not even random numbers. This unique approach ensures that users' identities and connections remain completely private. The platform employs multiple layers of encryption, including end-to-end encryption and an additional server encryption layer, to safeguard messages from potential threats, even if Transport Layer Security (TLS) is compromised.

SimpleX Chat serves privacy-conscious individuals and organizations who require secure communication channels. The market it operates in includes both personal and professional sectors where data privacy is paramount. The platform is particularly appealing to users who are wary of man-in-the-middle (MITM) attacks, where a third party intercepts and potentially alters the communication between two parties.

The business model of SimpleX Chat revolves around offering a highly secure messaging service that users can trust. It makes money through premium features, enterprise solutions, and possibly through hosting its own XFTP servers. XFTP is a new file transfer protocol developed by SimpleX, which focuses on protecting metadata and ensuring secure, asynchronous file delivery. Files are stored temporarily on XFTP relays, adding another layer of security and convenience for users.

In summary, SimpleX Chat is a revolutionary messaging platform that offers unparalleled privacy and security features. It serves a niche market of privacy-focused individuals and organizations, making money through premium services and enterprise solutions.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2021
Headquarters
London, United Kingdom
Employees
3
Open positions
None listed
Dealroom signal
74.8/100
Industry
Security, Enterprise Software
Sub-industry
Identity & Access
Sector
Cybersecurity, Encryption, Open Source, Privacy Protection, Digital Identity, Privacy-Enhancing Technologies
Business model
SaaS
Client focus
b2b

Funding history

2 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDEquity / VC Aug 2024 $1.3M $5.2M Asymmetric Capital Partners —
SEEDEquity / VC Apr 2023 $370K $1.5M Village Global —
Showing the latest 2 of 2 recorded eventsBook a demo for the full funding history →

Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

SimpleX Chat website traffic

Latest recorded traffic for SimpleX Chat is 330K monthly website visits, up 94.1% over the last three months. SimpleX Chat's team grew 0% over the past year.

Latest monthly visits330K 3-month web change+94.1% 1-year team growth0%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

Team profiled 1 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
2 countries with
team presence
🇬🇧 United Kingdom50%
🇦🇪 United Arab Emirates50%
2 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about SimpleX Chat on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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