A note from our CEO Bam Azizi

As you may have seen, we recently announced our $75M Series C funding round at a $1B valuation. I want to step back and share why this milestone matters.

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Fifteen years ago, I came to the United States with almost nothing, driven by belief, grit, and an obsession with building meaningful businesses. After years of endless nights, hard lessons, and selling my previous startup, I took the leap again six years ago and started Mesh. What began as a bold idea is now a $1B company, built alongside an extraordinary team, trusted partners, and world-class investors.

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When we started Mesh in 2020, the company looked very different. What quickly became clear was that the biggest bottleneck in crypto payments wasn’t the front-end experience–it was the infrastructure underneath. So we doubled down on what we knew best: building a neutral connection layer that lets assets move freely across wallets, exchanges, and financial platforms.

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Today, Mesh connects more than 300 wallets and exchanges and powers payments for many of the world’s largest platforms. With our SmartFunding technology, a user can pay with any asset they hold - Bitcoin, Ethereum, Solana - while the merchant receives settlement in their preferred fiat or stablecoin. Our ultimate aim is bold yet attainable: we want to make every digital asset spendable.

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This Series C allows us to accelerate that mission. It’s also a resounding vote of confidence in the work we’re doing: Mesh is one of many crypto companies, but only ~5% make it to Series C and <1% do so on an accelerated timeline. This latest funding round is proof that investors are placing a long-term bet on our ability to build the backbone of tokenized commerce.

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I’m incredibly grateful to our partners who trust Mesh to operate behind the scenes of their core payment experiences, to our investors - Dragonfly, Paradigm, Moderne Ventures, Coinbase Ventures, SBI Investment, Liberty City Ventures, and others - and of course to our users who continue to use Mesh for their everyday payments. Most of all, I’m grateful to our team, who execute with focus and discipline in an industry that’s anything but easy.

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Mesh is still young. What we’ve built so far is only the foundation, and the most defining chapters of our journey have yet to be written. This latest funding is a milestone, not a finish line, and our most meaningful work is yet to begin. We welcome anyone with the talent to come build with us.

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Thank you for your continued support as we scale.

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Bam Azizi

Co-founder & CEO, Mesh

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