Startups
Conduit is a better way for global businesses to simply and cheaply move money and grow money with faster speed, better visibility and fewer steps than traditional payment rails. With a Conduit account, global businesses can make seamless cross-border commercial transactions between local fiat in emerging markets to USD around the world. Conduit gives global businesses an early-mover advantage to maximize new financial opportunities to make cross-border B2B payments and settle invoices simply and efficiently -- including to & from U.S. companies without requiring a U.S. entity or U.S. bank account. The Conduit payments dashboard offers businesses a simple, elegant, and intuitive dashboard to make cross-border payments today. Get started at conduit.fi
Overview
Location
United States, Oregon
Employees
11-50
Total raised
$23M
Investors 7
| Date | Name | Website |
| Sign up to see | Sign up to see | Sign up to see |
| Jan 25, 2022 | Inovia Capital | inovia.vc |
| Mar 29, 2023 | Hack VC | hack.vc |
| Sauna Ventures | saunavc.com | |
| Diagram Ventures | diagram.ca | |
| SaxeCap | saxecap.com | |
| Portage Ventures | portagevc.com |
Funding Rounds 2
| Date | Series | Amount | Investors |
| Sign up to see | Sign up to see | Sign up to see | Sign up to see |
| Jan 13, 2022 | Seed round | $17M |
Mentions in press and media 7
| Date | Title | Description |
| Sign up to see | Sign up to see | Sign up to see |
| Mar 1, 2022 | As API-first startups multiply, GGV builds an index | When GGV Capital reached out and said that it had built an index of API-first companies, I was curious. Venture-built indexes of startups and other firms have proved useful tools in recent years, led by Bessemer’s cloud index, which is now ... |
| Jan 13, 2022 | Borders bookstore founder wants to save the home delivery market with robots | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Louis Borders, the founder of the Borders bookstore chain, has wanted to deliver groceries to you... |
| Jan 13, 2022 | Crypto API provider Conduit wants to be the Stripe of decentralized finance | Financial institutions continue to search for ways to pile into the crypto market, and decentralized finance (DeFi) products are one mechanism that could help them capture share. Investors in DeFi products can earn yield on their capital by... |
| Jan 13, 2022 | Borders bookstore founder wants to save the home delivery market with robots | This is the web version of Term Sheet, a daily newsletter on the biggest deals and dealmakers. Sign up to get it delivered free to your inbox. Louis Borders, the founder of the Borders bookstore chain, has wanted to deliver groceries to you... |
| Jan 13, 2022 | Decentralized finance API startup Conduit raises $17M to connect banks to crypto Show your support for our mission by joining our Cube Club and Cube Event Community of experts. Join the community that includes Amazon Web Services and Amazon.com CEO Andy Jassy, Dell Technologies founder and CEO ... | Decentralized finance startup Conduit today announced it has raised $17 million in a new funding round led by Portage Ventures to help financial institutions connect to the crypto economy. Also participating in the seed round were FinVC, Ge... |
| Conduit | “Conduit makes it easy to move money and grow money with faster speed, better visibility and fewer steps than traditional payment rails.” |
Reviews 0
FAQ about Conduit
How much funding has Conduit raised?
Conduit has raised $23M in total across 2 funding rounds.
What funding rounds has Conduit raised?
Parsers VC lists 2 funding rounds of Conduit, among them a seed round of $17M on Jan 13, 2022.
Who has invested in Conduit?
Parsers VC lists 7 investors of Conduit, among them Hack VC, Inovia Capital and Sauna Ventures.
What has the press written about Conduit?
Parsers VC has collected 7 articles mentioning Conduit, among them “As API-first startups multiply, GGV builds an index” (Mar 1, 2022) and “Borders bookstore founder wants to save the home delivery market with robots” (Jan 13, 2022).
Is Conduit still active?
Yes, Conduit is active; its latest activity on Parsers VC dates from Mar 29, 2023.