C

Chronicled

Blockchain-driven supply chain provenance platform

Overview

Chronicled uses blockchain to improve supply chain transparency, security, and efficiency for physical goods, especially in the pharmaceutical sector. It builds and runs blockchain networks that record every transaction and movement on a tamper-proof ledger to verify product authenticity and provenance from manufacturer to end user. It collaborates with clients to integrate these solutions into existing systems, offering software development, system integration, and ongoing support, with revenue from service fees, subscriptions, and network usage fees. Its goal is to provide end-to-end, regulated-industry tailored supply chain solutions that enable auditable tracking across multi-party networks, reducing counterfeit risk and building trust among manufacturers, distributors, and regulators.

Significant Headcount Growth

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About Chronicled

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

Industries

Data & AnalyticsEnterprise SoftwareCrypto & Web3Healthcare

Company Size

11-50

Company Stage

Early VC

Total Funding

$36.3M

Headquarters

San Francisco, CA

Founded

2014

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What believers are saying

  • Chronicled’s 2026 website sells real-time contract pricing and customer eligibility alignment.
  • DSCSA enforcement since November 27, 2024 keeps compliance workflows mandatory.
  • NABP bought PVS in June 2023, validating Chronicled’s verification workflow.

What critics are saying

  • NABP acquired PVS in June 2023, stripping Chronicled of a core product layer.
  • If trading partners standardize on NABP Pulse, Chronicled loses network control.
  • MediLedger’s narrow DSCSA scope limits expansion after November 2026 small-dispenser deadline.

What makes Chronicled unique

  • MediLedger processes 1.6 billion DSCSA transactions yearly across 27 manufacturers.
  • Chronicled solved pharma verification privacy with permissioned blockchain and zero-knowledge proofs.
  • The 2023 hospital expansion extended MediLedger beyond distributors into health systems.

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Funding

Total Funding

$36.3M

Above

Industry Average

Funded Over

6 Rounds

Early VC funding comparison data is currently unavailable. We're working to provide this information soon!
Early VC Funding Comparison Coming Soon

Benefits

  • Medical, dental, & vision
  • 401k
  • 529 college saving plan
  • Gym membership
  • Commuter benefits
  • Employee perks program
  • Macbook Pro & accessories standard issue

Growth & Insights and Company News

6 month growth

0%

1 year growth

16%

2 year growth

16%
Bitcoin World
Mar 25th, 2025
Chronicle Secures $12M to Boost Oracles

Chronicle has secured a $12M seed funding round led by Strobe, with participation from Brevan Howard and SixMan Ventures, to advance blockchain oracle technology. The funding will be used for product development and research, aiming to enhance oracle security, efficiency, and scalability. This investment highlights the growing importance of reliable oracles in the DeFi ecosystem and positions Chronicle as a key player in the sector's innovation and growth.

GlobeNewswire
Jun 14th, 2023
Nabp Acquires Patient Safety Tool From Chronicled, Inc.

MOUNT PROSPECT, IL, June 14, 2023 (GLOBE NEWSWIRE) -- The National Association of Boards of Pharmacy® (NABP®) announced today that it acquired the MediLedger Product Verification System (PVS) from Chronicled, Inc. The Association purchased the PVS to enable trading partners and regulators to conduct product verification, when required by the Drug Supply Chain Security Act (DSCSA), for use in its new product, Pulse by NABP™. Since launching the PVS in 2019, Chronicled has used its blockchain-powered MediLedger Network to make life sciences more accurate, efficient​,​ and aligned across the industry. The PVS has assisted members of the supply chain in complying with DSCSA, and it will continue to provide this assistance when Pulse launches this summer. Pulse is the Association’s inclusive, accessible​,​ and secure digital platform that connects regulators and members of the supply chain and simplifies DSCSA compliance. Through Pulse, the PVS for manufacturers, distributors, and solution providers will continue to be offered as a cost-effective global trade item number directory for saleable-returns verification by solution providers and trading partners

Newswire
May 23rd, 2023
Mediledger Network Extends Blockchain-Powered Efficiency To Hospital Systems

SAN FRANCISCO, May 23, 2023 (Newswire.com). -. MediLedger, the widely endorsed blockchain network for the life sciences industry, today announces its expansion into hospital systems, providing a ground-breaking solution that revolutionizes healthcare contract management and ensures accurate pricing across all sites. This new development further enhances the coordination and synchronization of pricing data among Group Purchasing Organizations (GPOs), manufacturers, wholesalers, and now hospital systems, increasing transparency and cooperation

Newswire
Apr 28th, 2023
Vinod Lakhani Appointed As New Ceo Of Chronicled, The Company Behind The Mediledger Blockchain Network

SAN FRANCISCO, April 28, 2023 (Newswire.com). -. Chronicled, the custodian of the MediLedger Network, announces the appointment of Vinod Lakhani as its new Chief Executive Officer. Vinod succeeds Susanne Somerville, who will step down as CEO and remain as an advisor to the company

PR Newswire
Jan 27th, 2022
artCOA Inc. is developing uses for MediLedger utilizing blockchain technology

"We believe the value MediLedger provides will increase in parallel with the growth of our company, but what excites us most is that we plan to be a strategic partner with Chronicled to develop new uses for MediLedger utilizing blockchain technology in the future.

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