COMPANY PROFILE

Everclear

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A layer two scaling platform that lets Ethereum projects enable lightning fast transactions

North Side, Cayman IslandsFounded 2017Fintech

Valuation $250–500M Last recorded · 2023

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Everclear

Connext Network is a startup that operates in the blockchain technology sector, specifically focusing on application development. The company's primary offering is xCall, a tool that simplifies the process of creating applications that can interact with users, tokens, and other applications across various blockchain networks. This tool is designed to be easy to use, requiring only a few lines of code to implement, making it a popular choice among developers.

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The company's business model revolves around providing a public good, in this case, a tool that enhances the usability of Web3, the decentralized internet powered by blockchain. Connext Network does not appear to charge for the use of its tools, instead, it relies on the open community of developers to contribute to the development and improvement of its offerings. This suggests that the company may generate revenue through donations, sponsorships, or partnerships.

Connext Network operates in the rapidly growing blockchain technology market, serving a broad range of clients, from individual developers to larger tech companies. The company's focus on simplicity, ease of integration, and strong developer support has made it a preferred choice for developers looking to build applications for the decentralized web.

In summary, Connext Network is a blockchain technology company that provides easy-to-use tools for developing applications for the decentralized web. It operates in a growing market, serving a wide range of clients, and generates revenue through community contributions and partnerships.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2017
Headquarters: North Side, Cayman Islands
Employees: 22
Open positions: None listed
Dealroom signal: 61.2/100
Industry: Fintech, Enterprise Software
Sub-industry: Crypto and DeFi
Sector: Fintech, Open Source, Layer2, Ethereum Ecosystem, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Hard Tech, DT and LS
Technology: Blockchain, Deep Tech
Business model: SaaS
Client focus: b2b
Investment activity: 2 companies, latest Feb 2024
Capital deployed: $8.8M
Preferred round: SERIES A
Links: Website LinkedIn X

Knowledge graph

News, research, reports and resources connected to this company by Dealroom

Funding history

10 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
EARLY VC✓Equity / VC	Jul 2025	$0	—	Near Protocol Project	↗
EARLY VC✓Equity / VC	Jun 2023	$7.5M	$250M	Coinbase Ventures · Polychain Capital · NGC Ventures · #Hashed	↗

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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

Year	Revenue	Growth
2026
2025
2024
2023
2022
2021		—

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Growth signals

Everclear website traffic

Latest recorded traffic for Everclear is 5.2K monthly website visits, down 8.8% over the last three months. Everclear's team declined 33.3% over the past year.

Latest monthly visits5.2K 3-month web change-8.8% 1-year team growth-33.3%

Monthly website visitsSep 2017–Jul 2026

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