COMPANY PROFILE

Reown

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An open source standard for connecting desktop Dapps to mobile Wallets - the web3 communications protocol

Newark, United StatesFounded 2021Fintech

Valuation $50–100M Last recorded · 2025

Revenue $1–10M Latest reported FY

Headcount <100 Current team size

Total funding $10–50M Disclosed equity funding

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About Reown

WalletConnect is a technology startup that operates in the blockchain and cryptocurrency market. The company provides a suite of software development kits (SDKs) and application programming interfaces (APIs) that allow app and wallet developers to create secure, interactive, and powerful experiences for their users. The company's main product, Web3Modal, is a drop-in SDK that enables wallet users to connect to apps smoothly and securely. The company also offers Web3Inbox, a tool that brings wallet-based communications to life, allowing apps to directly engage with their users and community.

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WalletConnect serves a broad range of clients, including app developers, wallet developers, and businesses operating in the blockchain and cryptocurrency market. The company's solutions are designed to interoperate with all of web3, enabling users to connect instantly to over 5,000 web3 and web2 apps and support multiple chains with no additional code.

The company's business model is based on providing its technology and services to developers and businesses. While the exact details of how the company generates revenue are not publicly available, it is likely that it charges for access to its SDKs, APIs, and other services.

WalletConnect also offers the WalletConnect Cloud, which provides insightful analytics to help businesses understand how their product is performing and learn ways to increase adoption. The company's solutions are designed according to industry standards, ensuring secure and reliable operations.

Source: Dealroom company data

At a glance

Status: Operational
Founded: 2021
Headquarters: Newark, United States
Employees: 70
Open positions: None listed
Dealroom signal: 93.8/100
Industry: Fintech, Enterprise Software
Sub-industry: Crypto and DeFi
Sector: Fintech, Open Source, Ethereum Ecosystem, Crypto and Web 3.0 Infrastructure, Crypto and Web3, Hard Tech
Technology: Blockchain
Business model: SaaS
Client focus: b2b
Links: Website LinkedIn X

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Funding history

4 recorded events

Company financing events and reported valuations.

Deal type	Date	Amount	Valuation	Investors	Source
SERIES B✓Equity / VC	Jan 2025	$13M	$52M	SC Ventures · Figment · Union Square Ventures · BitGo	↗
EARLY VC✓Equity / VC	Nov 2022	$13M	$50M	Union Square Ventures · Gnosis DAO · 1kx · ConsenSys	↗

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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		—

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Growth signals

Reown website traffic

Latest recorded traffic for Reown is 110K monthly website visits, up 0% over the last three months. Reown's team grew 22.8% over the past year.

Latest monthly visits110K 3-month web change0% 1-year team growth+22.8%

Monthly website visitsOct 2022–Jul 2026

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Open positions

Openings linked to this company in Dealroom

Communications ManagerNewark, New Castle County, Delaware, United States · Marketing & Communication · Aug 13, 2026

1 distinct opening shownExplore hiring signals →

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ACAcrossA fast, cost-efficient and secure bridge where you can instantly send assets between L2s and Ethereum	Chicago, United States	Operational
CLChainlink LabsCreating a future powered by hybrid smart contracts	San Francisco, United States	Operational