Chain

Chain

Cloud blockchain infrastructure for financial services

About Chain

Simplify's Rating
Why Chain is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Crypto & Web3

Company Size

11-50

Company Stage

Series C

Total Funding

$42.5M

Headquarters

San Francisco, California

Founded

2013

Overview

Chain Inc. specializes in cloud blockchain infrastructure, offering tools and services for organizations to create advanced financial services. Its main product, Sequence, is a cloud-based platform that uses blockchain technology to ensure data security and transaction transparency. This platform addresses challenges in cryptography, distributed systems, databases, and finance, helping clients build secure and scalable financial solutions. Chain Inc. operates on a subscription-based model, providing clients with access to features like secure transaction processing and data integrity. The company aims to enhance the financial services industry by enabling businesses and institutions to modernize their systems with efficient and secure solutions.

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Simplify's Take

What believers are saying

  • Increased interest in blockchain financial services boosts demand for Chain's secure solutions.
  • Chain's acquisition in Europe positions it to capitalize on the growing crypto market.
  • Strategic partnerships with sports teams open new avenues for Web3 experiences and brand visibility.

What critics are saying

  • Emerging blockchain startups could erode Chain's market share with similar solutions.
  • Regulatory scrutiny in Europe may impact Chain's recent crypto company acquisition.
  • Rapid technological advancements could render Chain's offerings obsolete if innovation lags.

What makes Chain unique

  • Chain's Sequence platform ensures cryptographic integrity with secure, transparent, and tamper-proof transactions.
  • Chain Cloud 2.0 offers enterprise-grade blockchain infrastructure on Vultr's independent cloud platform.
  • Chain's partnerships with major sports franchises enhance brand visibility and Web3 experience offerings.

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Funding

Total Funding

$42.5M

Below

Industry Average

Funded Over

3 Rounds

Notable Investors:
Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Below Average

Industry standards

$50M
$40M
Figma
$50M
Medium
$62M
SeatGeek
$100M
Oura

Company News

Bia Gala Dinner
Aug 4th, 2023
BlueRock and bit.bio team up to develop T cell therapies

CHAIN have closed a financing round led by new investors, BGF and SynBioVen, alongside existing investor, UKI2S and strategic partner, Miyarisan Pharmaceutical.

Newswire
Apr 11th, 2023
Chain Revolutionizes Blockchain Infrastructure With Chain Cloud 2.0

Next Generation Enterprise-grade Blockchain Infrastructure Powered by Industry-leading Independent Cloud Platform Vultr . .

Newswire
Feb 17th, 2023
Chain Announces Acquisition Of Licensed Crypto Company In Europe And Launch Of Chain Prime

Chain Prime is Poised to Disrupt the OTC Market, Bringing a New Level of Efficiency and Innovation to Crypto Trading . .

Newswire
Dec 7th, 2022
Chain Cloud Is Officially Live To The Public

Developers can now access the full version of Chain Cloud to deploy nodes and access over 18 public blockchain networks on-demand . .

Newswire
Oct 31st, 2022
Chain Announces Partnership With The Miami Heat

Leading Web3 and Blockchain software provider, Chain, is pleased to announce an advertising and promotional partnership with the NBA's Miami HEAT, as their official Web3/Blockchain infrastructure partner. In the new partnership, Chain will be the first company to have its logo on the HEAT shooting shirt. Additionally, Chain will have a presence in community programming alongside the NBA franchise, be prominently featured in digital content on the team's social media platforms and game day elements

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