About Sending.Network
Sending.Network is a company based in New York (United States) founded in 2022 by Mason Yang and Joeyz Yu. Sending.Network has raised $20 million across 2 funding rounds from investors including Yield Guild, Galxe and Nomad Capital. Sending.Network offers products and services including SendingMe App, WatchDog Node, and Edge Nodes. Sending.Network operates in a competitive market with competitors including Axelar, LayerZero Labs Canada Inc, Push, Multichain and Wormhole, among others.
- Headquarter New York, United States
- Founders Mason Yang, Joeyz Yu
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$20 M (USD)
in 2 rounds
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Latest Funding Round
$7.5 M (USD), Seed
Apr 16, 2024
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Investors
Yield Guild
& 5 more
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Employee Count
Not available
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Products & Services of Sending.Network
Sending.Network offers a comprehensive portfolio of products and services, including SendingMe App, WatchDog Node, and Edge Nodes.
App for secure Web3 community engagement and transactions.
Service for running nodes in decentralized communication network.
Network for cost-effective decentralized bandwidth sharing.
Funding Insights of Sending.Network
Sending.Network has successfully raised a total of $20M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $7.5 million completed in April 2024. 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 Sending.Network
Sending.Network has secured backing from 6 investors, including venture fund and institutional investors. Prominent investors backing the company include Yield Guild, Galxe and Nomad Capital.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on investing in web 3 companies
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Venture capital investments in technology sectors are managed by SWC.
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A venture fund is operated to support Web3 founders.
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Investor details for Sending.Network
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Investments & Acquisitions by Sending.Network
Investment portfolio details for Sending.Network
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Financial Statements - Sending.Network
Detailed financials for Sending.Network
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Sending.Network Comparisons
Peer comparison for Sending.Network
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Competitors of Sending.Network
Sending.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 Axelar, LayerZero Labs Canada Inc, Push, Multichain and Wormhole, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Online platform for cross-chain communication for web3
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Omnichain interoperability protocol is enabled for decentralized applications across blockchains.
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Web3 communication network, enabling cross-chain notifications & messaging for dApps, wallets & services
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Multi-chain ecosystem protocols are developed and integrated across blockchain networks.
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Blockchain interoperability is facilitated through a generic message-passing protocol.
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Detailed competitors of Sending.Network
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Latest news on Sending.Network
Complete news archive for Sending.Network
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Frequently Asked Questions about Sending.Network
Sending.Network was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Sending.Network is headquartered in New York, United States. It is registered at New York, New York, United States.
Sending.Network is a funded company, having raised a total of $20M across 2 funding rounds to date.
Sending.Network was founded in 2022 in New York, United States. An online platform is maintained in the Web3 sector, where messaging protocol solutions are developed for chat and social functionalities. Decentralized user interactions are facilitated through a communications protocol. Capabilities for users to engage in chats, discover content, and transact digital assets are supported across operations.
Sending.Network's top competitors include Axelar, LayerZero Labs Canada Inc and Push.
Sending.Network offers SendingMe App, WatchDog Node, and Edge Nodes.
Sending.Network has 6 investors. Key investors include Yield Guild, Galxe, Nomad Capital, Symbolic Capital, and Web3.com Ventures.