Not really. I don't trust single companies to not track things. It is better when they do put that into the eula, but It won't make me call them a privacy tool. I don't trust Signal or SimpleX and in that way I don't call them privacy tool. I think every company will succumb to the desires of the state and trust none of them can truly make things private.

To me, privacy is implemented mostly by Clients through scrambling the transport and application data to "private" relays as much as possible and in ways that there is no way to disable it.