Connext

About

Connext is an interoperability protocol that enables fast, fully-trustless communication between blockchains.

San Francisco,California,United States
11 - 50
https://connext.network

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $12M
Industries: Cryptocurrency,FinTech,Internet,Mobile Apps
Founded date: Jun 5, 2017
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Connext Inc.
Also Known As: Connext Network

Connext is an interoperability protocol that enables fast, fully-trustless communication between blockchains. It leverages groundbreaking distributed systems technology to to power the creation of an internet of blockchains.

The company was founded in 2017 by Arjun Bhuptani, Layne Haber, and Rahul Sethuram.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

5

$15.74M

Connext has raised a total of $15.74M in funding over 2 rounds. Their latest funding was raised on Jul 13, 2021 from a Series A round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jul 13, 2021	Series A	$12M	15	1kx ConsenSys Mesh	—	Detail
Mar 19, 2021	Seed	$2.20M	3	Polychain	—	Detail
Nov 3, 2019	Funding Round	$550K	2	—	—	Detail
Nov 1, 2018	Grant	$120K	1	—	—	Detail
Jan 6, 2018	Convertable Note	$875K	4	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

1

0

Connext has made 1 investments. Their most recent investment was on Dec 15, 2020, when BiteSpeed raised $275K.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Dec 15, 2020 BiteSpeed	Seed	$275K	E-Commerce	—

Investors

Number of Lead Investors

Number of Investors

3

22

Connext is funded by 22 investors. 1kx and ConsenSys Mesh are the most recent investors.

Investor Name	Lead Investor	Funding Round
1kx	Yes	Series A
ConsenSys Mesh	Yes	Series A
Polychain	Yes	Seed
Coinbase Ventures	—	Series A
Andre Cronje	—	Series A
Block Dream Fund	—	Series A
eGirl Capital	—	Series A
Eric Conner	—	Series A
Ethereal Ventures	—	Series A
Hashed	—	Series A