About Us
Our structure reflects our commitments.
A Public Benefit Corporation (PBC) is a type of for-profit corporation that commits to delivering a specific public benefit and operating in a responsible and sustainable manner. PBC statutes exist in more than 30 states; Lancea is incorporated in Delaware, which has one of the most established PBC frameworks in the country.
Under Delaware law, a PBC must specify its public benefit mission in its corporate charter and balance the interests of its stockholders, those affected by the company’s conduct, and the specific public benefit identified in its charter. The company must also report to its stockholders every two years on how it is advancing that mission.
Per our charter:
To responsibly develop and ethically provide advanced communications tools and services designed to strengthen and safeguard civil society, democratic institutions, and free and open public discourse.
01
Lancea grew from the conviction that responsible actors need advanced communications tools to survive and succeed in today’s information environment. The PBC structure enabled us to embed this original mission in our organizational foundation and ensure it endures as our defining purpose.
02
As a PBC, our board of directors is legally required to balance profit with mission. This is not aspirational; it is a binding obligation built into how the company is governed, and it reflects our belief in the importance of this work.
03
Being a PBC sends a clear and distinctive public message about our company’s motivations and values. The biannual reporting creates accountability to that commitment.