- Companies
- Mesh
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
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
Website
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
| Date | Stage | Valuation |
|---|---|---|
| Apr 2024 | Series A | $1B |
| May 2016 | Angel | $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
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Apr 2024 | Series A | - | $14M | $1B | Mesh 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 2016 | Angel | Richard Knott | $200K | $400K | - |
Who has invested in Mesh?
1 investor has backed Mesh across its funding rounds, including Richard Knott.
Mesh Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
This data is available for Pro users. Sign up to see all 1 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 TrialMesh Competitors
Mesh competitors include listed companies like Docebo and Alef Education, and private ones like Mentimeter, GoGuardian, Panorama Education and LEAD.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $60M | - | $384M | 6.4x | ||
| Private | $100M | - | $1B | 10.0x | ||
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1.1B | - | ||
| Publicly listed | $243M | $26M | $594M | 2.4x | ||
| Publicly listed | $210M | $150M | $1.9B | 7.8x |
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 FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $371M | $151M | 3.7x | 3.5x | 9.1x | 9.0x | |||
| $389M | ($17M) | 2.5x | - | (55.5x) | - | |||
| $241M | $84M | 3.4x | 3.1x | 9.8x | 9.2x | |||
| $860M | $310M | 2.5x | 2.5x | 7.0x | 5.9x | |||
| $118M | $29M | 6.6x | 5.7x | 26.6x | 18.6x | |||
| $125M | $34M | 5.9x | 5.2x | 21.8x | 18.2x | |||
| $195M | $61M | 3.2x | 3.4x | 10.2x | 11.8x | |||
| $461M | $76M | 1.2x | 1.2x | 7.6x | 7.1x | |||
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 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. |
See companies similar to Mesh
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