Connext
Company

Last deal

$7.5M

Amount

Series A

Stage

14.06.2023

Date

8

all rounds

$23.8M

Total amount

General

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

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Sector :

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Also Known As

Connext Network

founded date

05.06.2017

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Founded in 2017, Connext is a programmable micropayment platform that allows users to buy and sell utility tokens directly to partners with any payment gateway, protecting customers from fraud and chargebacks. The platform securely moves transactions to a networked off-chain layer state channel, minimizing transaction fees and time, and enabling blockchain apps to scale. Connext's small, technical team is funded by grants from the Ethereum Foundation and backed by top investors in the space, including Polychain Capital and Consensys Ventures.
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