Updated:
Kape Technologies plc
Kape Technologies plc is a London-based digital privacy and cybersecurity holding company, known for ExpressVPN and CyberGhost acquisitions.
Kape Technologies plc
Kape Technologies plc was formed from a 2018 reverse merger that brought together a suite of online security and privacy tools, later consolidating under a single holding structure. The company's growth has been driven by acquisitions of well-known VPN and antivirus brands, with ExpressVPN (acquired in 2021 for $936M, per public filings) and CyberGhost (acquired in 2017) forming the foundation of its consumer-facing business. Kape also owns Private Internet Access (acquired in 2019), ZenMate, and other security extensions, targeting both individual and small-business users. The firm's strategy focuses on cross-selling subscriptions across its brand portfolio — customers of one product are offered bundled or upgraded plans from sister brands. Geographically, Kape serves a global audience, with major markets in North America, Europe, and Asia-Pacific, though its HQ remains in London, UK. The parent company rebranded to "ExpressVPN" for certain consumer-facing marketing in 2023, but the listed entity remains Kape Technologies plc. Kape is a publicly traded company on the London Stock Exchange (ticker: KAPE.L), which provides periodic financial disclosures. As of 2025, Kape reported annual recurring revenue (ARR) of approximately $500M (per public earnings), with a market cap in the range of $2–3B. The firm employs around 1,000 people across engineering, marketing, and support roles. A structural differentiator is Kape's dual identity as both an operating company and a technology holding firm: it manages distinct consumer brands as independent units while centralizing infrastructure, compliance, and corporate functions. This structure enables rapid product integration post-acquisition, though it also creates brand complexity for users.
General information
Firm type
other
Year founded
—
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Sector focus
Frequently asked questions
What is Kape Technologies' relationship with ExpressVPN?
Kape Technologies acquired ExpressVPN in 2021 for $936M in a cash-and-stock deal (per public filings). ExpressVPN operates as a flagship brand under Kape's portfolio, alongside CyberGhost, Private Internet Access, and ZenMate. The acquisition gave Kape a dominant position in the consumer VPN market, with ExpressVPN's subscription revenue contributing significantly to the parent company's ARR.
Is Kape Technologies a cybersecurity company or an investment holding firm?
Kape functions as both an operating company and a technology holding firm. It operates consumer brands (ExpressVPN, CyberGhost) as distinct units but centralizes compliance, infrastructure, and corporate functions. This model allows Kape to integrate acquisitions rapidly while maintaining brand independence.
Does Kape Technologies trade publicly, and what financial disclosures are available?
Yes, Kape is listed on the London Stock Exchange under ticker KAPE.L. As a publicly traded company, it files periodic earnings, annual reports, and regulatory announcements, providing transparency on revenue, ARR, subscriber counts, and acquisition costs. These disclosures are available through the LSE and company investor relations.
How does Kape Technologies generate revenue?
Kape generates revenue primarily through subscription fees for its VPN, antivirus, and digital security products. The firm uses a cross-selling strategy, promoting bundled subscriptions across its brand portfolio. Individual brands like ExpressVPN charge monthly or annual subscription fees, while enterprise offerings (via Private Internet Access) also contribute.
What M&A strategy does Kape Technologies pursue?
Kape pursues a roll-up M&A strategy, acquiring established digital privacy and security brands with recurring revenue. Notable acquisitions include ExpressVPN ($936M, 2021), CyberGhost (2017), Private Internet Access (2019), and ZenMate. The firm targets brands with strong consumer recognition and existing subscription bases, integrating them into a shared back-end infrastructure.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on investors?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: