Factom

About

Factom, Inc. is a blockchain innovations company providing blockchain as a service platforms.

Austin,Texas,United States
11 - 50
https://factom.com/

Highlights

Details

Last Funding Type: Secondary Market
Industries: Bitcoin,Enterprise Software,FinTech,Information Technology
Founded date: Jan 1, 2014
Number Of Employee: 11 - 50
Operating Status: Active
Legal Name: Factom Inc.

Factom, Inc. is a blockchain innovation company. We created and released the Factom protocol as open source in 2018, and continue to support its advancement and adoption as an active contributor and community member. We provide a Blockchain-as-a-Service platform for data provenance and integrity solutions built on the Factom Blockchain. We help our customers and partners build business-ready apps that preserve evidence, demonstrate compliance, increase process transparency, streamline quality control and audits, reduce costs, and automate transactions. All without cryptocurrency exposure or costly infrastructure.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

6

$15.54M

Factom has raised a total of $15.54M in funding over 2 rounds. Their latest funding was raised on Mar 27, 2019 from a Secondary Market round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 27, 2019	Secondary Market	—	1	—	—	Detail
Aug 8, 2018	Series Unknown	$6M	—	—	—	Detail
Apr 18, 2017	Series A	$8M	5	Draper Associates	—	Detail
Oct 14, 2015	Seed	$400K	1	—	—	Detail
Jul 21, 2015	Seed	$1M	2	—	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

9

Factom is funded by 9 investors. Draper Associates and Krenex Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Draper Associates	Yes	Series A
Krenex Capital	—	Secondary Market
Harvest Equity	—	Series A
Medici Ventures	—	Series A
Peeli Ventures	—	Series A
Plug and Play	—	Series A
FastForward Innovations	—	Seed
George Burke	—	Seed
Tally Capital	—	Seed