COMPANY INFO
The company is called Mesh Systems. It was founded in 2005 by Richard Baxter, Uriel Kluk, and Doug Brune. The company has between 51 and 200 employees. Its website is https://meshsystems.com. Mesh Systems operates in the Internet of Things (IoT) software and hardware solutions industry. Mesh Systems is a pioneer in the IoT space, providing comprehensive IoT software, hardware, services, and solutions to global brands. They focus on digital transformation and connected product solutions to help businesses grow and innovate.
Mesh is a financial software company specializing in building a global strategic investment platform and modern crypto payments infrastructure. Founded in 2024, Mesh operates at the intersection of finance and technology, developing innovative solutions for crypto payments and digital asset management. The company’s team is comprised of seasoned leaders with backgrounds in fintech, SaaS, and cybersecurity. Mesh’s platform empowers users and businesses to manage, spend, and transfer digital assets seamlessly.
Mesh has had an impressive funding journey, securing substantial investment to fuel its growth. To date, Mesh has raised a total of $120 million across 6 funding rounds, with its latest round being a Series B in March 2025. The Mesh funding strategy revolves around building strong relationships with leading venture capital and strategic investors to accelerate product development and expand operations, especially to establish the world’s first global crypto payments network. Key investors such as Paradigm, Consensys, QuantumLight, and PayPal Ventures have backed Mesh through several funding rounds, signaling strong confidence in the company’s vision and execution.
The Series B round, led by Paradigm, raised $82 million. The funds are targeted at expanding operations, scaling development teams, and building the world’s first global crypto payments network using stablecoins.
This Series A round, led by QuantumLight, aimed to accelerate early market entry and deepen integrations with financial services partners in the digital asset ecosystem.
Led by PayPal Ventures, this $5 million funding round supported core technology advancements and the rollout of Mesh’s investment platform to early clients.
This $22 million Series A round, led by Money Forward and Galaxy, fueled product development and strategic hiring, allowing Mesh to scale rapidly within the crypto payments sector.
The $5.5 million seed round, led by Streamlined Ventures and WndrCo, enabled Mesh to refine its product offering and build out its founding engineering team.
Mesh’s earliest seed round was a small injection to fund foundational infrastructure and proof-of-concept development.
Paradigm is a leading crypto-focused venture capital firm that led Mesh’s $82 million Series B round. Their investment underscores the strategic vision and scalable potential of Mesh’s global payments platform.
Consensys is a prominent blockchain technology company. Their participation provides Mesh with deep expertise in Ethereum-based technologies, critical to Mesh’s stablecoin efforts.
QuantumLight, a technology-focused venture capital firm, led Mesh’s undisclosed Series A round. They have played a pivotal role in supporting Mesh’s go-to-market and product launch phases.
PayPal Ventures led a $5 million Series A round and brings fintech expertise and validation to Mesh’s digital payments mission.
As co-lead of a $22 million Series A, Money Forward provides both capital and strategic support from the digital financial tools sector.
A leader in digital asset investment, Galaxy co-led Mesh’s successful Series A, further validating the company’s position in the crypto payments market.
Streamlined Ventures led Mesh’s seed funding round, backing the vision at an early stage and helping Mesh build its operational foundation.
WndrCo participated in Mesh’s seed round, supporting foundational product development and go-to-market planning.
Websets is a powerful natural language search and data enrichment tool that helps you discover comprehensive funding information for any company. Whether you're researching Mesh funding rounds or exploring investment data for other companies, Websets provides detailed insights into funding history, investors, and financial milestones.
With Websets, you can access detailed funding profiles, investor information, and financial data through intuitive natural language queries. Sign up now to enhance your funding research capabilities.