About Connext Network
Connext Network is a company based in San Francisco (United States) founded in 2017. It operates as a Blockchain-as-a-Service. Connext Network has raised $23.16 million across 5 funding rounds from investors including Coinbase, OKX and Polychain. Connext Network has completed 1 acquisition, including Trextel. Connext Network offers products and services including Restaking, xERC20, and Chain Abstraction. Connext Network operates in a competitive market with competitors including Connext, SatoshiPay, ChangeTip, BitWall and ZapChain, among others.
- Headquarter San Francisco, United States
- Stage Minicorn
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Financial Services
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Products & Services of Connext Network
Connext Network offers a comprehensive portfolio of products and services, including Restaking, xERC20, and Chain Abstraction.
Tokens are restaked across supported chains in one transaction.
Crosschain tokens are deployed with zero slippage and security.
Crosschain apps are built for use on any chain.
People of Connext Network
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Funding Insights of Connext Network
Connext Network has successfully raised a total of $23.16M across 5 strategic funding rounds. The most recent funding activity was a Series A round of $7.5 million completed in June 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Connext Network
Connext Network has secured backing from 22 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Coinbase, OKX and Polychain.
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Blockchain-based startups are funded by NGC venture capital firm.
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Venture focused on crypto currency
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Investments are made in early-stage tech startups by IOSG Ventures.
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Investor details for Connext Network
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Investments & Acquisitions by Connext Network
Connext Network has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Trextel.
Investment portfolio details for Connext Network
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IT services suite solutions are provided globally by Trextel.
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Complete acquisition details for Connext Network
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Financial Statements - Connext Network
Detailed financials for Connext Network
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Connext Network Comparisons
Peer comparison for Connext Network
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Competitors of Connext Network
Connext Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Connext, SatoshiPay, ChangeTip, BitWall and ZapChain, among others.
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Therapeutic solutions for orphan diseases are developed and provided.
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Nano payments are processed for businesses to monetize digital content.
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Bitcoin micropayments are facilitated via social media platforms.
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Bitcoin micropayments are facilitated for web content publishers.
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A microtransaction-enabled social network connecting users for seamless interactions.
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Delivers a content platform enabled with micropayments for seamless transactions.
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Detailed competitors of Connext Network
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Latest news on Connext Network
Complete news archive for Connext Network
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Frequently Asked Questions about Connext Network
Connext Network was founded in 2017.
Connext Network is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Connext Network is a funded company, having raised a total of $23.16M across 5 funding rounds to date.
Connext Network, now rebranded as Everclear, is dedicated to providing fast and secure modular interoperability protocols powered by intents. Crosschain transactions are enabled with low fees and minimal latency. Security is inherited from canonical bridges for data and transaction integrity across chains. Developers are supported with simple integration tools to build crosschain applications, deploy tokens, and facilitate restaking across multiple supported chains like Ethereum, Arbitrum, and Polygon.
Connext Network's top competitors include SatoshiPay, ChangeTip and BitWall.
Connext Network offers Restaking, xERC20, and Chain Abstraction.
Connext Network has made 1 acquisition, including Trextel.
Connext Network has 22 investors. Key investors include Coinbase, OKX, Polychain, Scalar Capital, and NGC.
The valuation of Connext Network is $250M as of Jun 2023.