Who Owns Your VPN? The 2026 Ownership & Jurisdiction Map
Eight parent companies control more than twenty of the VPN brands you've heard of — and three of those parents also own the review sites that rank those VPNs. Kape Technologies owns ExpressVPN, CyberGhost, and PIA plus vpnMentor and Wizcase. Point Wild owns Hotspot Shield and Betternet plus Comparitech. Ziff Davis owns IPVanish plus PCMag and Mashable. This page maps who owns what, where each company answers to the law, and which VPNs are still genuinely independent. Every claim is sourced; the full dataset is downloadable under CC BY 4.0.
The VPN industry sells trust. Yet most people who pay for a VPN can't name the company that actually controls it — and the industry works hard to keep it that way. Brands change hands quietly, "competitors" turn out to be siblings, and the review sites that crown the winners are, in several documented cases, owned by the same conglomerates that own the VPNs being crowned.
We verified the ownership of 28 consumer VPN brands against company registries, SEC filings, official press releases, and the companies' own disclosures (all checked July 3, 2026). Here is the map.
The Conglomerates: Eight Parents, Twenty-Plus Brands
| Parent company | VPN brands | Review sites / media (same owner) | VPN entity jurisdiction |
|---|---|---|---|
| Kape Technologies UK-Israel · private (Unikmind / Teddy Sagi) |
ExpressVPN, CyberGhost, Private Internet Access, ZenMate | vpnMentor, Wizcase, Safety Detectives ($149.1M, 2021) | BVI · Romania/Germany · USA · Germany |
| Nord Security group Lithuania-Netherlands · private |
NordVPN, Surfshark (merged Feb 2022; Atlas VPN closed 2024) | Cybernews — owned by Mediatech, which Cybernews discloses is backed by Nord Security's founders | Panama · Netherlands |
| Ziff Davis USA · public (NASDAQ: ZD) |
IPVanish, StrongVPN, WLVPN (white-label) | PCMag, Mashable, IGN, AskMen, ExtremeTech | USA |
| Point Wild USA · private (ex-Pango/Aura, renamed Dec 2024) |
Hotspot Shield, Betternet, UltraVPN, Touch VPN, VPN 360 | Comparitech, ProPrivacy (acquired 2021, est. $50–100M) | USA |
| Gen Digital USA-Czechia · public (NASDAQ: GEN) |
Norton Secure VPN, Avast SecureLine, AVG Secure VPN, Avira Phantom | None identified | USA · Czech Republic · Germany |
| McAfee USA · private since 2022 |
TunnelBear, McAfee Safe Connect | None identified | Canada (entity) under US parent |
| Certida LLC Texas, USA · private |
VyprVPN (bought from Switzerland's Golden Frog — jurisdiction moved to the US) | None identified | USA |
| Gaditek / Disrupt.com Pakistan · private |
PureVPN, Ivacy (merged into PureVPN Aug 2024) | None identified | British Virgin Islands (GZ Systems service entity) |
The Pattern That Should Worry You: VPNs Buying Their Own Critics
The single most consequential fact on this page: three of the industry's biggest VPN owners also own VPN review media.
- Kape Technologies paid $149.1 million in March 2021 for Webselenese — the company behind vpnMentor, Wizcase, and Safety Detectives. Those sites review and rank ExpressVPN, CyberGhost, and PIA, all owned by Kape.
- Point Wild (then Aura) acquired Comparitech and ProPrivacy in 2021 for an estimated $50–100 million. Comparitech reviews Hotspot Shield and Betternet — both Point Wild products.
- Ziff Davis owns IPVanish and StrongVPN in one division, and PCMag, Mashable, and IGN — publications that review VPNs — in another.
- Cybernews discloses on its own editorial-policy page that its owner, Mediatech, is backed by Nord Security's founders — the same group behind NordVPN and Surfshark.
None of this automatically makes any given review dishonest — several of these outlets publish real testing and disclose their ownership. But when the referee is on the payroll of one of the teams, you should at least know it. Disclosure quality varies widely, and rankings on affiliated sites consistently feature the owners' products near the top.
For the record: we cite Comparitech's independent speed-test data in our reviews precisely because we don't run fabricated tests — and yes, Comparitech itself is Point-Wild-owned, which is why we name it here and attribute every data point we borrow.
The Independents
Genuinely independent VPNs — no conglomerate parent, no sibling review sites — do still exist:
| Brand | Who actually owns it | Jurisdiction |
|---|---|---|
| Proton VPN | Proton AG — controlled since June 2024 by the non-profit Proton Foundation, created specifically to block takeovers | Switzerland (outside 14 Eyes) |
| Mullvad | Amagicom AB — 100% owned by its two co-founders; zero outside investors since 2009 | Sweden (14 Eyes, mitigated by anonymous accounts) |
| Windscribe | Three founders + employees; no outside investors since 2016 | Canada (5 Eyes) |
| hide.me | eVenture Ltd (founder Sebastian Schaub) | Malaysia — Labuan (outside 5/9/14 Eyes) |
| PrivadoVPN | Privado Networks, founded 2019; no parent identified | Switzerland (outside 14 Eyes) |
| BlancVPN | Yadda OÜ, Estonian private company; sole owner Dmitrii Anisimov | Estonia — EU; not on standard 5/9/14 Eyes lists |
| TorGuard | Independently operated; we have not yet confirmed the exact legal entity from a primary source | USA (14 Eyes) |
A caution that cuts the other way: "independent" is not a synonym for "better." Independence tells you about incentives, not about encryption quality, speed, or whether a no-logs policy has ever been audited. Mullvad is independent and excellent; plenty of small independent VPNs are independent and terrible. Weigh ownership as one signal among several — our scorecard shows how we weight the rest.
Five Years of Quiet Consolidation
| When | What happened |
|---|---|
| Mar 2021 | Kape buys Webselenese (vpnMentor, Wizcase, Safety Detectives) for $149.1M — a VPN owner buys the review sites |
| 2021 | Aura (later Point Wild) buys Comparitech and ProPrivacy, est. $50–100M |
| Feb 2022 | NordVPN and Surfshark merge under the Nord Security group; brands continue separately |
| Sept 2022 | NortonLifeLock + Avast complete merger → Gen Digital (Norton, Avast, AVG, Avira VPNs under one roof) |
| May 2023 | Kape Technologies taken fully private (~$1.51B) and delisted — no more public financial reporting |
| Nov 2023 | SaferVPN shut down; users migrated to sibling IPVanish (Ziff Davis) |
| Apr 2024 | Atlas VPN shut down; ~6 million users migrated to sister company NordVPN |
| Aug 2024 | Ivacy merges into PureVPN — after Ivacy had denied the connection for years, acknowledging it only in 2019 |
| Dec 2024 | Pango + Total Security merge and rebrand as Point Wild (Hotspot Shield, Betternet, UltraVPN + Comparitech) |
| Early 2026 | Post-privatization Kape reportedly cuts ~180 jobs (12%); ExpressVPN's founder and CTO reported to have exited |
Why This Matters When You Pick a VPN
Legal exposure. The parent's jurisdiction — not the marketing — determines who can compel data disclosure. A "Panama-based" VPN whose ultimate owner sits in a 14-Eyes country is a more complicated privacy story than the homepage suggests. The 5/9/14 Eyes alliances are intelligence-sharing agreements between the US, UK, and twelve other countries; entities inside them face broader lawful-access obligations.
Incentive structure. A founder-owned VPN answers to its users. A conglomerate brand answers to a portfolio. Neither is automatically good or bad — but when six million Atlas VPN users were migrated to NordVPN overnight, or SaferVPN users woke up as IPVanish customers, that was portfolio logic, not user choice.
Review integrity. If you found this site through a "10 best VPNs" list, it's worth asking who owns that list. Several of the biggest ones are owned by the companies whose products they rank.
Our Own Disclosure — Held to the Same Standard
FrankVPN earns affiliate commissions from Surfshark, NordVPN, PureVPN, and BlancVPN — four brands named on this page. We publish this map anyway, including the facts that complicate our partners' marketing (Nord Security's media affiliation, PureVPN's parent company, BlancVPN's lack of a published audit). Commissions never move a ranking on this site: the methodology and the open scorecard govern every score, and we rank brands we earn nothing from (CyberGhost, IPVanish) exactly where their scores fall. We own no VPN, and no VPN owns us.
What We Could Not Verify
In the spirit of the rest of this page: the things we looked for and could not confirm from a primary source. We publish these as open questions, not facts.
- The exact name of the joint Nord Security / Surfshark holding entity — the merger itself is confirmed by both companies; the holding company's registered name is not something we've verified against a registry filing.
- TorGuard's precise legal entity and owner — self-described as independent; no primary-source confirmation yet.
- The exact date and terms of VyprVPN's sale to Certida LLC — the sale is corroborated; the specifics are single-sourced.
- The current private-equity composition of McAfee's ownership (TunnelBear's ultimate parent) as of mid-2026.
If you have primary documentation on any of these, we'd genuinely like to see it — corrections and additions are credited.
The full ownership dataset — 28 brands, parents, jurisdictions, Eyes status, and review-media links — is available as a plain CSV under CC BY 4.0: reuse it freely, just credit FrankVPN with a link to this page.
Use This Data
Journalists, bloggers, and researchers are welcome to cite or reproduce this map, in whole or in part, under a Creative Commons Attribution 4.0 license. Suggested attribution:
Source: FrankVPN VPN Ownership & Jurisdiction Map 2026, frankvpn.com.
Frequently Asked Questions
Who owns ExpressVPN, CyberGhost, and Private Internet Access?
All three belong to Kape Technologies, a British-Israeli company taken fully private in 2023 by Teddy Sagi's Unikmind Holdings. Kape also owns ZenMate and — critically — the VPN review sites vpnMentor, Wizcase, and Safety Detectives, acquired for $149.1 million in March 2021.
Do VPN companies really own VPN review sites?
Yes — it is the industry's defining conflict of interest. Kape Technologies (ExpressVPN, CyberGhost, PIA) owns vpnMentor, Wizcase, and Safety Detectives. Point Wild (Hotspot Shield, Betternet, UltraVPN) owns Comparitech and ProPrivacy. Ziff Davis owns IPVanish and StrongVPN alongside PCMag, Mashable, and IGN. Cybernews discloses that its owner, Mediatech, is backed by Nord Security's founders.
Are NordVPN and Surfshark the same company?
They merged in February 2022 under the Nord Security group and share ultimate ownership, though the products and infrastructure continue to operate as separate brands. Atlas VPN, a third sibling, was shut down in April 2024 and its roughly six million users were migrated to NordVPN.
Which VPNs are still independent in 2026?
The clearest cases: Proton VPN (controlled by the non-profit Proton Foundation since June 2024), Mullvad (100% owned by its two co-founders, no outside investors), Windscribe (founders and employees only), hide.me (eVenture Ltd, Malaysia), and PrivadoVPN (Privado Networks, Switzerland).
Why does VPN ownership and jurisdiction matter?
Ownership determines whose legal system can compel data disclosure, whose business incentives shape the product, and whether the reviews you read about a VPN are written by companies that profit from selling it. Jurisdiction determines exposure to the 5/9/14 Eyes intelligence-sharing alliances and local data-retention law.
What happened to Atlas VPN and Ivacy?
Atlas VPN shut down on April 24, 2024, and migrated its users to sister company NordVPN. Ivacy merged into PureVPN in August 2024 — both brands belong to Pakistan-based Gaditek — after Ivacy had publicly acknowledged the PureVPN connection only in 2019, following years of denial.