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Sending.Network - About the company

Sending.Network is a seed company based in New York City (United States), founded in 2022 by Mason Yang and Joeyz Yu. It operates as an Online platform offering messaging protocol solutions. Sending.Network has raised $20M in funding. The company has 37 active competitors, including 11 that are funded. Its top competitors include companies like LayerZero Labs Canada Inc, Axelar and Element.

Company Details

Online platform offering messaging protocol solutions. It offers solutions for Web3 chat and social features. It also offers a web3 communications protocol that enables decentralized user interactions. It enables users to chat, discover and transact digital assets.
Social
X
Part Of
Key Metrics
Founded Year
2022
Location
New York City, United States
Stage
Seed
Total Funding
$20M in 2 rounds
Latest Funding Round
Ranked
Employee Count
23 as on Mar 31, 2026
Investment & Acquisitions
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Sending.Network's funding and investors

Sending.Network has raised a total funding of $20M over 2 rounds. Its first funding round was on 2023. Its latest funding round was a Seed round on Apr 16, 2024 for $*****. 6 investors participated in its latest round. Sending.Network has 6 institutional investors.

Here is the list of recent funding rounds of Sending.Network:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Apr 16, 2024
3818758
Seed
9037129
8599616
8704133
4386783
2023
1584
Seed
9683
9903
9082
8179
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Sending.Network's founders and board of directors

Founder? Claim Profile
The founders of Sending.Network are Mason Yang and Joeyz Yu.
Here are the details of Sending.Network's key team members:

Sending.Network's employee count trend

Sending.Network has 23 employees as of Mar 26. Here is Sending.Network's employee count trend over the years:
Employee count trend for Sending.Network
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Sending.Network's Competitors and alternates

Top competitors of Sending.Network include LayerZero Labs Canada Inc, Axelar and Element. Here is the list of Top 10 competitors of Sending.Network, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for LayerZero Labs Canada Inc
LayerZero Labs Canada Inc
2021, Vancouver (Canada), Series B
Omnichain interoperability protocol that unites decentralized applications
$318M
70/100
2nd
Logo for Axelar
Axelar
2020, Toronto (Canada), Series B
Online platform for cross-chain communication for web3
$93.8M
68/100
3rd
Logo for Element
Element
2016, London (United Kingdom), Series B
Decentralized team messaging app for enterprises
$48.1M
67/100
4th
Logo for Wormhole
Wormhole
2020, George Town (Cayman Islands), Series D
Provider of blockchain interoperability platform
$225M
64/100
5th
Logo for Glacis Labs
Glacis Labs
2024, San Francisco (United States), Seed
A router and firewall for cross-chain messages
$8.8M
50/100
6th
Logo for Multichain
Multichain
2020, Singapore (Singapore), Seed
Cross-chain router protocol for businesses
$60M
49/100
7th
Logo for Sending.Network
Sending.Network
2022, New York City (United States), Seed
Online platform offering messaging protocol solutions
$20M
44/100
8th
Logo for DMTP
DMTP
2022, Singapore (Singapore), Seed
Decentralized message transfer protocol
-
41/100
9th
Logo for Wormhole
Wormhole
2022, George Town (Cayman Islands), Unfunded
Decentralized messaging protocol and blockchain development platform
-
-
37/100
10th
Logo for Whisper
Whisper
2020, South Korea, Unfunded
Blockchain-based messenger platform for wallets
-
-
36/100
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Sending.Network's Investments and acquisitions

Sending.Network has a total of 1 investment in Yuliverse. Sending.Network has not made any acquisitions as of now.

Reports related to Sending.Network

Here is the latest report on Sending.Network's sector:

News related to Sending.Network

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FAQs about Sending.Network

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