Factom

company

About

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

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

Employee Profiles

Number of Employee Profiles
9
Factom has 9 current employee profiles, including Advisor Patrick Dai
Advisor
Executive
Executive
Executive