United States · Seed startup

Who invested in Conduit

8 rounds we have observed, with the 19 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Construction

Raised 8 months agoY Combinator: W23

Funding summaryUpdated 26 Oct 2026

$186Mraised across 8 rounds since 2006, from 8 sources

$1.8MSeries A$8.0MSeries B$100MGrowth$37MSeries A$30MSeries A$3.1MSeed$375KGrant$6.0MSeed
Latest round
Seed, $6.0MMar 2026
Biggest round
$100MGrowth · Apr 2012
Step-upi
16×
Investors
19
See who backed them

The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2006200920122015201820212024
$1.8MSeries A$8.0MSeries B$100MGrowth$37MSeries A$30MSeries A$6.0MSeed
First round
Series A, $1.8M
Jul 2006
Biggest round
$100M
Growth · Apr 2012
Usual gap between rounds
9 months
the median of 7

The rounds

  1. Mar 2026
    Seed$6.0M2 new1 returning

    Source recordedSEC filing: $22M sold

  2. Aug 2025
    Grant$375K1 new

    Source recorded

  3. Apr 2025
    Seed$3.1M5 new

    Source recordedSEC filing: $36M sold, first sale Feb 2025

  4. Mar 2025
    Series A$30M5 new

    Source recordedSEC filing: $36M sold, first sale Feb 2025

  5. Jun 2024
  6. Apr 2012
    Growth$100M1 new

    Reported by finsmes.com

  7. Jan 2008
    Series B$8.0M1 new

    Reported by pehub.com

  8. Jul 2006
    Series A$1.8M

    No investor was named in the report.

    From a historical funding record

Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

Everyone who backed them

Y CombinatorAccelerator2rounds
GaingelsPrivate equity1round
Liquid 2 VenturesVC firm1round
BenchmarkVC firm1round
Coinbase VenturesCorporate VC1round
JP MorganInvestment bank1round
Unpopular VenturesVC firm1round
Altos VenturesVC firm1round
ParadigmVC firm1round
Commerce VenturesVC firm1round
Robot VenturesVC firm1round
Sound VenturesVC firm1round
Eight CapitalFund of funds1round
Pi LabsAccelerator1round
Haun VenturesVC firm1round
Richard King Mellon FoundationPrivate equity1round

Missing a round, or an investor who was in one? Tell us.

Quick answers about Conduit

Who invested in Conduit?

Conduit's investors include Y Combinator, Gaingels, Liquid 2 Ventures, Benchmark and Coinbase Ventures, and 14 more on record.

How much has Conduit raised?

Conduit has raised $186M across 8 rounds since 2006.

When did Conduit last raise?

Conduit's most recent round was a Seed of $6.0M in Mar 2026.

What was Conduit's biggest round?

Conduit's largest round on record is $100M (Growth), in Apr 2012.

Who backed Conduit first?

Conduit's first round on record, in Jan 2008, was backed by Benchmark.

What stage is Conduit at?

Conduit's latest named round is a Seed, in Mar 2026.

Where is Conduit based?

Conduit is based in the United States.

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