Conduit Pay raised $36 million in a Series A round to expand its crypto-native banking services, co-led by Dragonfly and Sound Ventures.
Amount Raised
$36 Million
Round Type
Series A
KalispellAgriculture and FarmingFinancial ServicesArtificial IntelligenceFinanceFintechFarmingSupply Chain ManagementLogisticsInvestors
Description
Conduit Pay secured $36 million in a Series A round to scale global stablecoin payments, backed by investors such as Dragonfly, Ribbit Capital, and Sound Ventures. This funding highlight showcases investor confidence in the crypto sector despite market fluctuations. The investment signifies a generational change in how money moves. Conduit aims to enhance Bitcoin adoption through its services.
Quick answer
Conduit raised $36 Million in a Series A round, dated May 31, 2025. Investors: Sound Ventures, Dragonfly, Richard King Mellon Foundation and Ribbit Capital. Conduit is based in Kalispell, Montana, United States.
- How much did Conduit raise?
- Conduit raised $36 Million in a Series A round on May 31, 2025.
- Who invested in Conduit?
- Sound Ventures, Dragonfly, Richard King Mellon Foundation and Ribbit Capital are named as investors in this round.
- What does Conduit do?
- Conduit is a next-generation payment network for businesses that move money across borders.
- Where is Conduit based and how big is it?
- Conduit is based in Kalispell, Montana, United States.
- Who are the decision-makers at Conduit?
- Fundz holds 2 contacts at Conduit, including the Co-founder & CEO. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Agriculture and Farming and Financial Services around the same time
Companies in the same sectors as Conduit that raised within 45 days of this round, from Fundz verified event records.
- Conpend raised an undisclosed amount on July 15, 2025.
- two raised $15M (Funding Round) on July 11, 2025.
- I Capital raised $820M (Funding Round) on July 10, 2025.
- Sxored raised an undisclosed amount (Funding Round) on July 8, 2025.
- DailyPay raised $200M (Funding Round) on July 7, 2025.
- Webull raised an undisclosed amount on July 7, 2025.
Who to call at Conduit, and when
A new round usually means Conduit is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Conduit raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Conduit, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Conduit. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Conduit raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Funding Insights
What this usually meansConduit raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.