Foundation Secures $6.4 Million Funding Led By Fulgur Ventures And Arche Capital
Building Size
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Asset Type
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Closing
May 25, 2026
AI
Foundation, a Boston, MA-based company developing human authority hardware, has raised $6.4 million in a funding round led by Fulgur Ventures and joined by Arche Capital. This investment contributes to the company's total funding of $16.5 million.
Summary of transaction details:
- Deal Type: Funding Round
- Transaction Amount: $6,400,000
- Company HQ: Boston, Massachusetts
- CEO: Zach Herbert
- Notable Investors: Fulgur Ventures, Arche Capital
Founded by Zach Herbert, Foundation builds dedicated security devices designed to help users maintain control over digital decisions. Its flagship product, Passport Prime, features advanced technology including a programmable security platform and integrates various digital security tools, showcasing the company's commitment to innovative hardware solutions.
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93