# Conduit XYZ

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/conduit-xyz

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.conduit.xyz
- Total disclosed funding: $44M
- Latest round: Series A (Jun 19, 2024)
- Investors on record: 6

## About

Founded in 2022 and based in California, US, ConduitXYZ, Inc. operates as a software developer that offers a crypto-native infrastructure platform. In March 2023, Conduit raised USD 7 million in seed funding, led by investor Paradigm, with participation from individual investors. Conduit offers an infrastructure platform for builder’s rollups, DeFi protocols, NFT (non-fungible token) platforms, gaming companies, and other on-chain providers. The platform provides successful deployment solutions, including a block explorer, and transaction tracer. The company also provides managed services, including custom support SLAs. The company plans to use the March 2023 funding to continue its first product launch, expand operations, and develop its development efforts.

## Funding rounds

- Series A, Jun 19, 2024, $37M — Coinbase Ventures, Robot Ventures, Paradigm, Haun Ventures, Bankless Ventures, Credibly Neutral
- Seed, Mar 28, 2023, $7M — Paradigm

## Investors

- Paradigm (https://capitalatlas.ai/funds/paradigm) — Seed, Series A
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Series A
- Haun Ventures (https://capitalatlas.ai/funds/haun-ventures) — Series A
- Bankless Ventures (https://capitalatlas.ai/funds/bankless-ventures) — Series A
- Credibly Neutral (https://capitalatlas.ai/funds/credibly-neutral) — Series A