What is Conduit?
Conduit operates as a sophisticated financial infrastructure platform designed to simplify cross-border B2B payments. By enabling businesses to move money between local fiat currencies and USD without the necessity of a U.S. entity or bank account, the company addresses critical friction points in international trade. Its intuitive dashboard provides visibility and speed, positioning Conduit as a vital tool for enterprises seeking to optimize their treasury management and capitalize on global financial opportunities. The firm is effectively bridging the gap between legacy banking systems and the modern, high-velocity requirements of global commerce.
How much funding has Conduit raised?
Conduit has raised a total of $42M across 2 funding rounds:
Angel/Seed
$6M
Series A
$36M
Angel/Seed (2024): $6M with participation from Helios Investment Partners
Series A (2025): $36M led by Sound Ventures (Twaang, Helios Digital, Dragonfly Financial Technologies, Commerce Ventures, Altos Group Ventures, Full Circle Venture Capital, DCG, and Portage Ventures
Key Investors in Conduit
Commerce Ventures
An investment firm focused on building infrastructure for retail and financial services, with specific expertise in payment tech and modernizing commercial lending.
Portage Ventures
An early-stage investor dedicated to backing the next generation of innovative, global financial services companies that benefit consumers and businesses alike.
Full Circle Venture Capital
An entrepreneur-led venture capital firm specializing in Series A funding for high-growth software companies with strong revenue potential.
What's next for Conduit?
Following this major strategic investment, Conduit is well-positioned to scale its operations and expand its footprint in the cross-border payments landscape. The company is expected to leverage this capital to enhance its technological infrastructure, potentially integrating more advanced automation for invoice settlement and expanding its reach into additional emerging markets. As the firm matures beyond its initial growth phase, the focus will likely shift toward deepening its integration with global banking partners and refining its value proposition for large-scale corporate clients, ensuring that it remains at the forefront of the digital transformation of commercial finance.
See full Conduit company page
