Startup Mesh, formerly Front Finance, has raised $22 million in a Series A fundraising round headed by Money Forward for its cryptocurrency transfer and payment service. The Heitner Group, Valon Capital, Florida Funders, Altair Capital, Network VC, Galaxy, Samsung Next, Streamlined Ventures, SNR.VC, Hike VC, and other angel investors are additional investors.
Mesh intends to use the recently raised money to support the operations of its product launch as well as to further enhance its deposit, payment, and expenditure tools. Mesh has procured $32 million in investment to date. The business was established in 2020 by Bam Azizi and Adam Israel, and it took part in TC Disrupt 2023’s Startup Battlefield 200 competition. Azizi founded the cybersecurity and identification firm NoPassword before launching Mesh; in 2019, LogMeIn purchased NoPassword. At HSBC, Adam Israel was formerly a managing director.
