prpl Foundation, privately owned and headquartered in the US, was founded in 2015, employs approximately 20 individuals, and reported $1.2M in revenue as of 2023. The company functions as a non-profit organization, operating as an operator-led open-source consortium that creates home networking and IoT platforms. It is operator managed, with key members including AT&T, BT, Claro, Deutsche Telekom, Dish, Orange, Telecom Argentina, Telia, Verizon, and Vodafone.