Last Mesh valuation
$1B
Seed · Oct 2025
Last Mesh funding round
$4M
Seed · Oct 2025
Cumulative funding Mesh raised
$10M
across 2 funding rounds
Key investors in Mesh
Greycroft
Foxe Capital
About Mesh
Mesh is a San Francisco-headquartered API provider for SMB identity verification. Like Plaid for businesses, it offers real-time checks on licenses, EINs, and sanctions via its Professional License Verification API. Clients in fintech like Stripe and marketplaces use Mesh for onboarding, boosting conversion 20-50%. Founded in 2021, it covers 50 US states and Canada.
Founded
2020
HQ
Austin, TXWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription, Usage-based
Valuation
$1B (Oct 2025)
Mesh Valuation
Mesh is currently valued at $1B, based on its seed round in October 2025.
Mesh valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Oct 2025 | Seed | $1B |
Mesh Funding History
Mesh has raised a total of $10M across 2 funding rounds.
Mesh's first fundraising round was a $6M seed round in December 2022. The most recent completed round was a $4M seed round in October 2025.
Mesh funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2025 | Seed | - | $4M | $1B | Mesh, a San Francisco-based crypto payments infrastructure company founded in 2020, closed a $75 million Series C funding round on January 27, 2026, achieving a $1 billion post-money valuation and unicorn status. The round was led by Dragonfly Capital with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures, bringing total capital raised to over $200 million. Mesh operates a universal payments network that connects wallets, blockchains, and digital assets into a single system, enabling users to pay with one cryptocurrency while merchants receive settlement in a different asset or stablecoin. The company's proprietary SmartFunding technology eliminates fragmentation in crypto payments by bypassing traditional card networks and banking rails, supporting instant settlement across fiat currencies and digital assets. The company has achieved significant scale, with its global network reaching more than 900 million users worldwide. Mesh has expanded operations across Latin America, Asia, and Europe, with a focus on India—where it cited the country's tech-savvy population and $125 billion in annual remittances as expansion drivers. The company has forged strategic partnerships with Paxos and Rain and announced support for Ripple USD. Notably, a portion of the Series C funding was settled directly using stablecoins, demonstrating enterprise-grade blockchain settlement capability at scale without reliance on traditional banking systems. CEO Bam Azizi stated the company's goal to build the universal crypto payments network while targeting $1 billion in revenue and $1 trillion in transaction volume. |
| Dec 2022 | Seed | Foxe Capital; Greycroft | $6M | - | - |
Who has invested in Mesh?
2 investors have backed Mesh across its funding rounds, including Greycroft and Foxe Capital.
Mesh Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialCommon questions about Mesh
| When was Mesh founded? | Mesh was founded in 2020. |
| Where is Mesh headquartered? | Mesh is headquartered in Austin, TX, United States. |
| Is Mesh publicly listed? | No, Mesh is a private, VC-backed company. |
| What is Mesh's valuation? | Mesh was last valued at $1B in its seed round in October 2025. |
| How much funding has Mesh raised? | Mesh has raised $10M across 2 funding rounds. |
| What was Mesh's last funding round? | Mesh's last funding round was a $4M seed round in October 2025. |
| Who are Mesh's investors? | Mesh's investors include Foxe Capital and Greycroft. |
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