Mesh Valuation, Funding & Investors

Mesh is valued at $1B as of April 2024.

See full Mesh profile

Last Mesh valuation

$1B

Series A · Apr 2024

Last Mesh funding round

$14M

Series A · Apr 2024

Cumulative funding Mesh raised

$14M

across 2 funding rounds

Key investors in Mesh

  • Richard Knott

Mesh Overview

About Mesh

Mesh is a Boston-based messaging platform designed for higher education institutions. Dubbed Slack for campuses, it fosters student-faculty-staff collaboration through channels, direct messages, and event integrations with Canvas and Blackboard. Adopted by 100 colleges including Northeastern University, Mesh supports 500,000 users with file sharing and polling features. Launched in 2019, the company emphasizes data privacy under FERPA standards.


Founded

2016

HQ

United StatesCincinnati, OH

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$1B (Apr 2024)

Mesh Valuation

Mesh is currently valued at $1B, based on its Series A in April 2024.

Mesh's valuation has grown 2,500x from $400K at its angel round in May 2016 to $1B in April 2024, across 2 priced rounds.

Mesh valuation by funding round

Mesh valuation by funding round
DateStageValuation
Apr 2024Series A$1B
May 2016Angel$400K

Mesh Funding History

Mesh has raised a total of $14M across 2 funding rounds.

Mesh's first fundraising round was a $200K angel round in May 2016. The most recent completed round was a $14M Series A in April 2024.

Mesh funding rounds

Mesh funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Apr 2024Series A-$14M$1BMesh is a San Francisco-based crypto payments infrastructure company founded in 2020 that operates a global network connecting exchanges, wallets, and financial services platforms. It enables users to pay with any digital asset while merchants receive instant settlement in preferred stablecoins or fiat via proprietary SmartFunding technology, addressing fragmentation in crypto payments. 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 bringing total funding to over $200 million. A portion of the round was settled using stablecoins to demonstrate infrastructure readiness. The company supports 900 million users worldwide and has expanded into India, citing over $125 billion in annual remittances. Proceeds will fuel international expansion into Latin America, Asia, and Europe, product development, and network strengthening. Mesh also supports Ripple USD and partners with Paxos and Rain. This follows an $82 million Series B in March 2025.
May 2016AngelRichard Knott$200K$400K-

Who has invested in Mesh?

1 investor has backed Mesh across its funding rounds, including Richard Knott.


Mesh Investors

Investors in Mesh by funding rounds participated
InvestorHQRoundsRoleFirst check

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Mesh Competitors

Mesh competitors include listed companies like Docebo and Alef Education, and private ones like Mentimeter, GoGuardian, Panorama Education and LEAD.

Public and private companies comparable to Mesh
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
MentimeterSwedenStockholmPrivate$60M-$384M6.4x
GoGuardianUnited StatesLos Angeles, CAPrivate$100M-$1B10.0x
Panorama EducationUnited StatesBoston, MAPrivate--$1.1B-
LEADIndiaMumbaiPrivate--$1.1B-
DoceboCanadaCanadaPublicly listed$243M$26M$594M2.4x
Alef EducationUAEUAEPublicly listed$210M$150M$1.9B7.8x

Mesh Public Comps

Mesh is still privately-owned, but its public comps include Vitec Software, Montnets, Cybozu, Teamviewer, Pexip, Vercom, Truecaller, Tanla Platforms, Enghouse Systems and Consensus Cloud.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Vitec Software$371M$151M3.7x3.5x9.1x9.0x
Montnets$389M($17M)2.5x-(55.5x)-
Cybozu$241M$84M3.4x3.1x9.8x9.2x
Teamviewer$860M$310M2.5x2.5x7.0x5.9x
Pexip$118M$29M6.6x5.7x26.6x18.6x
Vercom$125M$34M5.9x5.2x21.8x18.2x
Truecaller$195M$61M3.2x3.4x10.2x11.8x
Tanla Platforms$461M$76M1.2x1.2x7.6x7.1x

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Common questions about Mesh

When was Mesh founded?Mesh was founded in 2016.
Where is Mesh headquartered?Mesh is headquartered in Cincinnati, OH, 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 A in April 2024.
How much funding has Mesh raised?Mesh has raised $14M across 2 funding rounds.
What was Mesh's last funding round?Mesh's last funding round was a $14M Series A in April 2024.
Who are Mesh's investors?Mesh's investors include Richard Knott.
Which companies are comparable to Mesh?Companies comparable to Mesh include Mentimeter, GoGuardian, Panorama Education, LEAD, Docebo and Alef Education.

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