# Connext

**Source:** https://www.startuphub.ai/startups/connext
**Profile type:** Startup

> Modular interoperability protocol for building crosschain applications and deploying crosschain-native tokens.

## About

Connext is a modular interoperability protocol powered by intents. It enables developers to build crosschain applications and deploy crosschain-native tokens, facilitating restaking from any supported chain and allowing for the distribution of crosschain tokens.

## Key facts

- **Slug:** connext
- **Website:** https://www.connext.network/
- **Founded:** 2020-01-01
- **Operating status:** Active
- **Total funding:** $12M
- **Sectors / tags:** Fintech, Web3, Blockchain, DeFi, Cross-Chain Interoperability, Liquidity Provision, Decentralized Exchange, API Platform, Cross-Chain Liquidity, Developer Tools, Infrastructure
- **Social:**
  - Twitter: https://twitter.com/Connext
  - GitHub: https://github.com/connext

## Frequently asked

### What does Connext do?

Connext is a modular interoperability protocol powered by intents. It enables developers to build crosschain applications and deploy crosschain-native tokens, facilitating restaking from any supported chain and allowing for the distribution of crosschain tokens.

### What is Connext's revenue?

StartupHub estimates Connext's annual revenue at $5.8M (range $3.5M to $6.3M, 27% confidence), based on comparable companies in the sector.

### What is Connext's valuation?

StartupHub estimates Connext's effective valuation at $46.0M (range $30.0M to $72.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has Connext raised?

Connext has raised a total of $12M in funding. The most recent round on record is Seed.

### When was Connext founded?

Connext was founded in 2020.

### What industry does Connext operate in?

Connext operates in Fintech, Web3, Blockchain, DeFi, Cross-Chain Interoperability, Liquidity Provision.

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