KeepSafe

KeepSafe develops privacy-focused applications for mobile devices, offering secure storage solutions and VPN services to protect users’ sensitive data from unauthorized access. Founded in 2012, KeepSafe is headquartered in San Francisco, US. The company specializes in privacy-centric mobile applications designed to safeguard personal content. Founders Philipp Berner and Zouhair Belkoura have previously worked on various tech projects.

KeepSafe raised USD 3. 4 mn in a Series A funding round on July 16, 2013, led by Floodgate, with participation from Asset Management Ventures and Strive Capital. The total amount raised by the company is USD 3. 4 mn, resulting from 2 funding deals.

KeepSafe primarily offers privacy-centric applications designed for mobile devices, including the Keepsafe Photo Vault and a VPN service. The Keepsafe Photo Vault allows users to store their private photos and videos securely, safeguarding them from unauthorized access while providing options for cloud backup. This app is particularly beneficial for individuals who wish to protect sensitive content, such as personal photos, messages, and important documents. The service caters to a diverse clientele, including individuals concerned about digital privacy and security, with a user base that reportedly exceeds 75 million globally.

The company's products are available in various international markets, primarily focusing on regions with a high demand for data privacy solutions, such as North America, Europe, and parts of Asia. KeepSafe generates revenue primarily through subscription-based services, offering both free and premium plans for its applications. Users can opt for the premium subscription, which provides enhanced features and functionalities compared to the free version. For example, premium subscribers may access additional storage options and advanced privacy settings, ensuring their data remains secure.

The transaction structure involves direct-to-consumer sales, where users download the application from platforms such as the App Store and Google Play. Pricing plans for the premium service are structured to encourage long-term commitments, often featuring monthly or annual billing cycles. The Keepsafe Photo Vault stands as the flagship product within their portfolio, playing a significant role in the company's revenue generation strategy. As of now, KeepSafe is focusing on the development of new privacy tools to enhance user security and data protection.

The recent USD 3. 4 mn Series A funding round, secured in July 2013, is intended to support these new product initiatives and expand their market reach. The company aims to penetrate additional markets in Europe and Asia by the end of 2024, responding to the growing demand for privacy solutions in these regions.