Scorechain Funding: How Much Did They Raise & Key Investors

How Much Did Scorechain Raise?
Funding & Key Investors

Scorechain, a prominent player in the digital asset compliance sector, has successfully secured a total of $2.9M in capital to bolster its market position. This latest infusion of $2.3M represents a major strategic investment, signaling strong institutional confidence in the company's ability to navigate the increasingly complex regulatory landscape surrounding cryptocurrencies and blockchain-based financial services.

Since its inception in 2015, the Luxembourg-based firm has demonstrated a consistent growth trajectory, evolving from its initial seed-stage roots into a critical infrastructure provider for global financial institutions and law enforcement agencies. This recent financing round underscores the firm's transition into a mature enterprise-level entity capable of scaling its risk-AML software solutions to meet the rigorous demands of the global digital economy.

What is Scorechain?

Scorechain

Software

Financial Software

Security Software

Scorechain operates as a specialized software provider focused on Risk-AML (Anti-Money Laundering) and compliance for cryptocurrencies and digital assets. By offering sophisticated analytics and monitoring tools, the company enables cryptocurrency businesses, financial institutions, and audit firms to maintain regulatory compliance while facilitating secure digital asset transactions. Their platform is essential for onboarding digital asset customers, managing custody branches, and providing the transparency required by law enforcement agencies to combat illicit financial activities in the blockchain ecosystem.

How much funding has Scorechain raised?

Scorechain has raised a total of $2.9M across 2 funding rounds:

2015

Angel/Seed

$570K

2021

Series A

$2.3M

Angel/Seed (2015): $570K, investors not publicly disclosed

Series A (2021): $2.3M led by Blockrocket, Tioga Capital Partners, and Cv Vc

Key Investors in Scorechain

Blockrocket

An investment entity focused on supporting early-stage ventures within the digital asset and blockchain ecosystem.

Tioga Capital Partners

A European venture capital fund that focuses on supporting exceptional Web3 entrepreneurs and blockchain protocols, emphasizing decentralized trust models and data ownership.

Cv Vc

A Swiss blockchain venture capital firm that provides seed funding and an acceleration program to transformative startups globally, focusing on enabling innovation across various industries.

What's next for Scorechain?

With this major strategic investment, Scorechain is well-positioned to accelerate its product development and expand its footprint in the global compliance market. The company is expected to leverage this capital to enhance its proprietary risk-scoring algorithms and broaden its support for emerging blockchain protocols. As regulatory scrutiny intensifies worldwide, Scorechain's focus on providing robust, automated compliance infrastructure will likely remain a key driver of its long-term growth and strategic relevance in the evolving Web3 and decentralized finance sectors.

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