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- Mesh++
Mesh++ Valuation, Funding & Investors
Mesh++ is valued at $1B as of January 2026.
Last Mesh++ valuation
$1B
Series C · Jan 2026
Last Mesh++ funding round
$75M
Series C · Jan 2026
Cumulative funding Mesh++ raised
$101M
across 5 funding rounds
Key investors in Mesh++
Peak XV Partners
SOSV
RTP Global
TechNexus Venture Collaborative
Anorak Ventures
Y Combinator Continuity Fund
About Mesh++
Mesh is a San Jose-headquartered social recognition platform for employee engagement. Founded in 2020, it enables peer-to-peer rewards, kudos, and performance tracking integrated with Slack and Microsoft Teams. Used by remote-first teams at companies like Instacart, Mesh gamifies feedback with points redeemable for gifts, reporting 40% uplift in retention metrics.
Founded
2020
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$1B (Jan 2026)
Mesh++ Valuation
Mesh++ is currently valued at $1B, based on its Series C in January 2026.
The $75M round was led by Dragonfly, with participation from Coinbase Ventures, Liberty City Ventures, SBI Investment, Moderne Ventures and Paradigm.
Mesh++ valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jan 2026 | Series C | $1B |
Mesh++ Funding History
Mesh++ has raised a total of $101M across 5 funding rounds.
Mesh++'s first fundraising round was a $5M seed round in October 2019. The most recent completed round was a $75M Series C in January 2026.
Mesh++ funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jan 2026 | Series C | Dragonfly (lead); Coinbase Ventures; Liberty City Ventures; SBI Investment; Moderne Ventures; Paradigm | $75M | $1B | Mesh is a crypto payments infrastructure company founded in 2020 that operates a global digital asset payments network. The company connects exchanges, wallets, and financial services platforms through proprietary SmartFunding technology, enabling an 'any-to-any' payments model where consumers can pay with any digital asset while merchants receive instant settlement in their preferred stablecoin or fiat currency. On January 27, 2026, Mesh closed a $75 million Series C funding round led by Dragonfly Capital, with participation from Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, and Liberty City Ventures, achieving a $1 billion post-money valuation and unicorn status. The round brought total funding to over $200 million. Mesh's infrastructure already reaches more than 900 million users worldwide and the company has expanded into India, leveraging the country's tech-savvy population and $125 billion in annual remittances. Proceeds will support international expansion across Latin America, Asia, and Europe while accelerating product development. The company positions itself as solving fragmentation in crypto payments by creating unified network infrastructure that makes traditional card payment rails obsolete, with CEO Bam Azizi emphasizing that future winners will be those building the network of networks rather than issuing tokens. |
| Apr 2022 | Series A | RTP Global (lead); Viral Bajaria; Y Combinator Continuity Fund; Ankit Nagori; Sumon Sadhu; Peak XV Partners; Hemant Bhardwaj | $11M | - | - |
| Oct 2021 | Seed | World Within Ventures (lead); First Leaf Capital; HAX; Lateral Capital Management; Anorak Ventures; Illinois Ventures; GAN Ventures; SOSV; TechNexus Venture Collaborative | $5M | - | - |
| Jul 2021 | Seed | Peak XV Partners (lead); Emles Venture Partners; Prasanna Sankar; Neeraj Arora; Munish Varma; Vikas Agnihotri; Sumer Juneja; Y Combinator Continuity Fund; RTP Global | $5M | - | - |
| Oct 2019 | Seed | World Within Ventures (lead); First Leaf Capital; Lateral Capital Management; Anorak Ventures; Illinois Ventures; GAN Ventures; SOSV; TechNexus Venture Collaborative | $5M | - | - |
Who has invested in Mesh++?
28 investors have backed Mesh++ across its funding rounds, including Peak XV Partners, SOSV, RTP Global, TechNexus Venture Collaborative, Anorak Ventures and Y Combinator Continuity Fund.
Lead investors include Dragonfly, RTP Global, World Within Ventures and Peak XV Partners.
Mesh++ Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Participant | Jul 2021 | ||
| 2 | Participant | Oct 2019 | ||
| 2 | Lead | Jul 2021 | ||
| 2 | Lead | Jul 2021 | ||
| 1 | Participant | Jul 2021 | ||
| 1 | Lead | Jan 2026 | ||
This data is available for Pro users. Sign up to see all 28 Mesh++ investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialInvestments by Mesh++
Mesh++ has invested in 2 companies to date.
Latest investment by Mesh++ was on February 2nd 2026. Mesh++ invested in CesiumAstro in their $270M Series C round.
Latest Investments by Mesh++
| Description | CesiumAstro is an Austin-headquartered provider of electronically scanned array antennas and communication payloads for satellites, unmanned aerial vehicles, launch vehicles, and airborne platforms. Founded in 2017, the company combines commercial components with space-qualified designs to deliver software-defined radios capable of beamforming and multi-band operations for LEO constellations and defense missions. | AheadComputing is a provider of high-performance microprocessor cores, related technologies, and support services. The firm licenses designs for advanced computing applications in data centers, AI accelerators, and embedded systems. Based in the United States, it focuses on RISC-V and ARM-compatible architectures to enable efficient processing in edge computing and hyperscale environments. |
| HQ Country | ||
| HQ City | Austin, TX | Portland, OR |
| Deal Date | 2 Feb 2026 | 21 Jan 2026 |
| Round | Series C | Seed |
| Raised | $270M | $30M |
| Investors | Trousdale Ventures; Airbus Ventures; Development Bank of Japan; NewSpace Capital; Janus Henderson; EDBI; Woven Capital | Eclipse Ventures; Toyota Ventures; Trousdale Ventures; EPIQ Capital Group; Corner Capital Management; Stata Capital; Cambium Capital Partners |
| Valuation | undisclosed | undisclosed |
| EV/Revenue | ||
| EV/EBITDA | ||
This data is available for Pro users. Sign up to see all Mesh++ investments and their VC round multiples. Start Free Trial | ||
Mesh++ Competitors
Mesh++ competitors include listed companies like Freee and ATOSS Software, and private ones like Assembled, Awardco, Beamery and Darwinbox.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1B | - | ||
| Private | $42M | - | $1B | - | ||
| Publicly listed | $214M | $6M | $1.5B | 4.8x | ||
| Publicly listed | $218M | $84M | $1.7B | 6.4x |
Mesh++ Public Comps
Mesh++ is still privately-owned, but its public comps include Teamshares, Freee, Nordtech Group, ATOSS Software, AdvancedAdvT, Beisen Holding, Zaggle Prepaid Ocean, Asure Software, DHI Group and TON Strategy.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $472M | ($23M) | 1.7x | 1.4x | (35.0x) | 33.2x | |||
| $214M | $6M | 6.3x | 4.8x | 237.7x | 65.4x | |||
| $72M | $15M | 5.1x | - | 25.2x | - | |||
| $218M | $84M | 7.0x | 6.4x | 18.2x | 17.1x | |||
| $72M | $13M | 2.5x | 2.4x | 14.1x | 8.9x | |||
| $165M | $2M | 0.3x | 0.3x | 22.3x | 5.2x | |||
| $199M | $20M | 1.0x | 1.0x | 10.4x | 10.7x | |||
| $141M | $20M | 2.1x | 1.9x | 15.2x | 8.0x | |||
This data is available for Pro users. Sign up to see all Mesh++ competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Mesh++
| When was Mesh++ founded? | Mesh++ was founded in 2020. |
| Where is Mesh++ headquartered? | Mesh++ is headquartered in San Jose, CA, 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 Series C in January 2026. |
| How much funding has Mesh++ raised? | Mesh++ has raised $101M across 5 funding rounds. |
| What was Mesh++'s last funding round? | Mesh++'s last funding round was a $75M Series C in January 2026, led by Dragonfly. |
| Who are Mesh++'s investors? | Mesh++'s investors include World Within Ventures, First Leaf Capital, Lateral Capital Management, Anorak Ventures, Illinois Ventures, GAN Ventures, SOSV, Y Combinator Continuity Fund, TechNexus Venture Collaborative, RTP Global and 18 others. |
| Which companies are comparable to Mesh++? | Companies comparable to Mesh++ include Assembled, Awardco, Beamery, Darwinbox, Freee and ATOSS Software. |
| How many companies has Mesh++ invested in? | Mesh++ has invested in 2 companies, including CesiumAstro and AheadComputing. |
| What was Mesh++'s last investment? | In February 2026, Mesh++ invested in CesiumAstro's $270M Series C alongside Trousdale Ventures, Airbus Ventures, Development Bank of Japan and 4 other investors. |
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