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.
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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$36.3M
Headquarters
San Francisco, CA
Founded
2014
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Total Funding
$36.3M
Above
Industry Average
Funded Over
6 Rounds
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.
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
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
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
"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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Industries
Company Size
11-50
Company Stage
Early VC
Total Funding
$36.3M
Headquarters
San Francisco, CA
Founded
2014
Find jobs on Simplify and start your career today
We update Chronicled's jobs every few hours, so check again soon!Browse all jobs