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Conduit

Conduit

Private
Kalispell, MontanaFinTechhttps://conduitpay.com

Last Round

Series A

May 28, 2025

Total Funding Raised

$53M

Momentum

Top 10%

of companies Caplight tracks

Company Overview

Conduit operates in FinTech and is based in Kalispell, Montana. Its latest recorded funding round was a Series A round in May 2025.

Conduit is a financial technology company that provides a stablecoin-powered global money network for seamless cross-border B2B payments and invoice settlements.

Sector

FinTech

Verticals

Digital Payments, Blockchain Infrastructure, Stablecoins, Foreign Exchange

Business Model

B2B

Customer Profile

Payment Processing Fee, Usage-Based SaaS

AI Layer

Non-AI

Historical Pricing

Historical view of private secondary pricing and transaction trends.

Pricing history

Caplight clients see full MarketPrice™ history and secondary transactions.

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Caplight Momentum Score

Proprietary index based on bid/ask volume and sentiment.

Momentum history

Caplight clients track how buyer interest and sentiment change over time.

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Conduit Comparables

Compare Conduit with similar companies based on industry and business-model similarity.

Conduit comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Caldera
94%
Mural Pay
86%
Karnot
85%
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Conduit Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
Series AMay 28, 2025
SeedJan 13, 2022
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Key People

Founding team and executive leadership

Kirill Gertman

Co-founder & CEO

Founding Team

James Gaythwaite

Chief Technology Officer

Executive Team

Andre Masse

Chief Operating Officer

Executive Team

Mark Graves

Chief Legal Officer & Chief Compliance Officer, Board Member

Executive Team

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Conduit Investors

Notable investors and investment history

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Market signals

Structured signals derived from secondary market and firmographic data.

  • Aug 22, 2026

    Monthly visitors grew 34% MoM, reaching 32.2K.

  • Mar 3, 2026

    Partnered with Yuno for stablecoin-powered merchant payments.

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Recent news

Latest coverage and updates

  • files_suit_againstOct 6, 2026

    Conduit files a suit against Tether in the U.S. District Court for the Southern District of New York on Oct 5th '26, seeking access to approximately $2.76 million in frozen USDT and damages; the claims remain at the complaint stage and are not adjudicated.

  • files_suit_againstOct 6, 2026

    Conduit files a lawsuit against Tether Ltd. in the US District Court for the Southern District of New York over $2.76 million in frozen USDT, alleging the freeze lacks legitimate grounds and reduces liquidity for international payments on Oct 5th '26.

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Conduit Filings

Explore SEC and related filing metadata, where available.

Conduit filings preview — column headings only; records require access
TypeDateAmount OfferedAmount SoldFilingPagesDownload

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Frequently Asked Questions

Common questions about Conduit's valuation, stock price, and market status.

Is Conduit a public or private company?

Conduit is a private company.

What is the current stock price of Conduit?

Conduit is a private company, so its shares have no public market price. Caplight tracks Conduit's secondary market activity and provides MarketPrice™ estimates of its share price to Caplight users.

How much is Conduit worth (valuation)?

Valuation information for Conduit is not publicly available.

Can I buy Conduit stock?

Conduit shares may be available on secondary markets subject to transfer restrictions. Caplight facilitates secondary market transactions for accredited investors.

When was Conduit's last funding round?

Conduit's most recent funding round was Series A on May 28, 2025.

Who are the main investors in Conduit?

Key investors in Conduit include Portage Ventures, Dragonfly Capital, Altos Ventures, Portage.

Will Conduit IPO soon?

No public IPO plans have been announced for Conduit.

How can I track Conduit secondary market activity?

Caplight tracks bids, offers, and trades in Conduit's shares on secondary markets.

Firmographic Details

HeadquartersKalispell, Montana
Employee Range58
Year Founded2021
Last FundingMay 28, 2025

Institutional Data Access

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