XMTP, Inc.
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XMTP, Inc. - overview
Established
2021
Location
-, -, US
Primary Industry
Internet
About
XMTP, Inc. is a company specializing in secure decentralized messaging solutions that prioritize enterprise-grade encryption and flexible identity options, designed for seamless communication within the web3 ecosystem. Founded in 2021, XMTP, Inc. operates from the US, focusing on developing a secure messaging protocol that facilitates direct messaging, group chats, and notifications.
In July 2025, XMTP, Inc. raised USD 20 million in series B funding co-led by new investors Union Square Ventures, Faction and returning investor Andreessen Horowitz, with participation from other returning investors Coinbase Ventures and Sound Ventures. XMTP offers a secure decentralized messaging network characterized by enterprise-grade encryption and flexible identity solutions. Its messaging protocol supports secure group chats, direct messages, and notifications for developers, enabling rapid application development in the decentralized finance (DeFi) space.
The platform accommodates various web3 identities and is marketed to developers and organizations across North America, Europe, and Asia, enhancing decentralized communication without a central point of control. XMTP generates revenue through collaborations with applications and wallets that integrate its messaging protocol. The company establishes B2B relationships with enterprises to incorporate secure messaging capabilities, utilizing a pricing structure based on usage, which may include licensing fees or revenue-sharing arrangements. This aligns with typical SaaS models, where clients pay for access to the messaging infrastructure, which might involve tiered plans based on usage volume or features.
The company will use the July 2025 funding for further research and development of its platform.
Current Investors
Betaworks Ventures Management, Sound Ventures, IDEO CoLab Ventures
Primary Industry
Internet
Sub Industries
Social Networking & Communication Platform, Customer Relationship Management
Website
www.xmtp.com
Verticals
Blockchain, Mobile Apps
Company Stage
Series B
Total Amount Raised
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XMTP, Inc. - employee data
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