SAN FRANCISCO, May 16, 2018 /PRNewswire/ — Chronicled, Inc. has announced an investment by Broadway Angels in the company’s pre-Series A financing. Over the past year, Chronicled, a technology firm using blockchain technology to secure and automate industrial supply chains has grown significantly, adding team members and launching a production-ready platform. The investment from Broadway Angels will help Chronicled to execute on its strategic roadmap.
“Broadway Angels is delighted to invest in Chronicled,” said Sonja Perkins, Founder of Broadway Angels. “Blockchain technology will solve some of the biggest problems in enterprise and we view Chronicled as the leader in supply chain.”
Broadway Angels represents the top women venture capitalists, founders, and thought leaders in Silicon Valley. Broadway Angels invests in the best companies, with both male and female founders, while diversifying cap tables and showcasing female excellence in investing.
The group includes:
“It is great to have such an influential group of women investing in Chronicled, the future of blockchain, and the larger social movements this technology represents,” said Samantha Radocchia, Co-Founder at Chronicled. “We are excited to have strong partners as we strive towards decentralization, inclusion, and responsible global trade.”
The investment bridges into a larger Series A round that Chronicled plans to close in 2018. Since its launch in 2014 Chronicled has raised more than $10m in Angel and Seed financing.
Based in San Francisco, Chronicled is a technology company leveraging blockchain and IoT to bring trust, efficiency, and automation to global supply chain ecosystems. The Company is a pioneer in linking physical world economy workflows to blockchain systems and has developed a decentralized protocol and network for supply chain in order to extend trust boundaries and enforce cross-organization business rules without revealing private data. Currently, Chronicled’s most active market verticals are Pharmaceuticals, Commodities, and Precious Metals and Minerals.