What is Conduit?
Conduit operates as a sophisticated financial infrastructure provider, engineered to facilitate seamless, low-cost capital movement for global enterprises. By optimizing the transition between local fiat currencies in emerging markets and USD, the platform eliminates the necessity for a U.S. entity or domestic bank account. This capability provides businesses with a distinct early-mover advantage, allowing for efficient invoice settlement and commercial transaction management through an intuitive, centralized dashboard. As a challenger to traditional payment rails, Conduit is redefining how international trade is conducted in an increasingly digitized global economy.
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 DCG, Altos Group Ventures, Portage Ventures, Helios Digital, Dragonfly Financial Technologies, Commerce Ventures, Sound Ventures (Twaang, and Full Circle Venture Capital
Key Investors in Conduit
Portage Ventures
An early-stage investor dedicated to backing the next generation of innovative, global financial services companies working to benefit all consumers.
Commerce Ventures
An investment firm that partners with entrepreneurs to build the infrastructure for future industries in retail and financial services, with a focus on payment and banking tech.
Full Circle Venture Capital
An entrepreneur-led Australian venture capital firm that specializes in providing Series A funding to high-growth technology startups.
What's next for Conduit?
Following this major strategic investment, Conduit is poised to accelerate its market penetration and enhance its technological stack. The company is expected to focus on scaling its infrastructure to support higher transaction volumes while deepening its integration with global financial ecosystems. By leveraging this fresh capital, Conduit aims to solidify its role as a critical utility for businesses navigating the complexities of international commerce, potentially expanding its service offerings to include more advanced treasury management tools and automated settlement features. The focus remains on maintaining a competitive edge through superior visibility and speed in the B2B payment sector.
See full Conduit company page
