What is Chronicled?
Chronicled operates at the intersection of blockchain technology and healthcare logistics, aiming to bring automation, trust, and automatic settlement to intra-company transactions. Its flagship product, the MediLedger Network, is designed to enhance revenue management, streamline manual processes, and prevent revenue leakage for trading partners. By ensuring pricing accuracy and operational efficiency, Chronicled empowers healthcare providers and dispensers to navigate complex supply chains with greater confidence and transparency. The company's focus on leveraging distributed ledger technology positions it as a key innovator in a sector ripe for digital transformation.
How much funding has Chronicled raised?
Chronicled has raised a total of $30.4M across 6 funding rounds:
Angel/Seed
$1.4M
Angel/Seed
$3.4M
Series A
$16M
Debt
$350K
Debt
$889K
Other Financing Round
$8.3M
Angel/Seed (2015): $1.4M with participation from Colbeck, Social Starts, Mandra Capital, and Pantera Capital
Angel/Seed (2016): $3.4M led by Colbeck, Mandra Capital, and Pantera Capital
Series A (2019): $16M supported by Streamlined Ventures, The Perkins Fund, David Aho, Mandra Capital, and Frank Fiore
Debt (2020): $350K featuring PPP
Debt (2021): $889K backed by PPP
Other Financing Round (2022): $8.3M with participation from True Global Ventures
Key Investors in Chronicled
True Global Ventures
True Global Ventures 4 Plus is a global venture capital firm specializing in early-stage and late-stage investments in AI and blockchain companies, supporting serial entrepreneurs across major cities.
Streamlined Ventures
Streamlined Ventures is a seed-stage investment firm established in 2013, focusing on cutting-edge technology from its headquarters in Palo Alto, California.
Colbeck
Colbeck is a strategic lender that provides creative capital solutions to companies during periods of transition, with offices in New York City and Los Angeles.
What's next for Chronicled?
With substantial enterprise-level backing and a recent strategic investment, Chronicled is poised for significant growth and market penetration. The company's trajectory, marked by consistent capital raises since 2015, indicates a strong investor confidence in its blockchain-based solutions for the healthcare industry. Future developments will likely focus on expanding the reach and capabilities of the MediLedger Network, onboarding more trading partners, and further automating critical supply chain functions. This strategic financing will enable Chronicled to scale its operations, enhance its technological infrastructure, and solidify its position as a leader in healthcare transaction automation.
See full Chronicled company page
