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Codex

The home of payments and FX on Ethereum

Raised
$16M
Round
Seed
Date
Apr 4, 2025
Industry
Technology, Information and Internet

Overview

Codex, based in New York, United States, has raised $16M in a Seed round on Apr 4, 2025, with participation from Dragonfly. The company the home of payments and FX on Ethereum. The round will be used to accelerate product development, expand the team, and scale go-to-market operations.

Operating in the technology, information and internet sector, Codex is positioned to capitalize on growing demand for innovative solutions in this space. The company was founded in 2024 by Haonan Li. Haonan brings deep domain expertise and a track record of execution that attracted investor confidence in this round. With fresh capital, the company is expected to invest heavily in R&D and talent acquisition, signaling a period of aggressive growth ahead.

Market Outlook

The successful raise validates Codex's approach and market opportunity. Industry analysts note that companies at this funding stage typically grow headcount by 40-60% within 12 months and make significant technology purchasing decisions in the first quarter post-funding. This makes Codex's leadership team particularly valuable contacts for B2B outreach in the near term.

Why contact Codex now

Codex's $16M Seed raise signals serious investor confidence in their technology, information and internet play. In the first 90 days post-funding, startups are 3x more likely to respond to outreach and evaluate new partnerships. Their team is hiring, their budget is unlocked, and they need solutions yesterday.

Founders & Contacts

Investors

Dragonfly

Company Facts

CompanyCodex
Amount Raised$16M
Funding RoundSeed
Date RaisedApr 4, 2025
Founded2024
IndustryTechnology, Information and Internet
FoundersHaonan Li
HQ LocationNew York, United States

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