What is Scorechain?
Scorechain specializes in offering robust Risk-AML (Anti-Money Laundering) software solutions tailored for the cryptocurrency and digital asset sector. Established in 2015 and based in Luxembourg, the company serves a diverse global clientele, including cryptocurrency businesses, financial institutions, audit and law firms, and law enforcement agencies. Their platform is designed to address the complex regulatory and compliance challenges inherent in digital asset transactions, providing essential tools for crypto trading, custody operations, customer onboarding, and audit processes.
How much funding has Scorechain raised?
Scorechain has raised a total of $2.9M across 2 funding rounds:
Angel/Seed
$570K
Series A
$2.3M
Angel/Seed (2015): $570K, investors not publicly disclosed
Series A (2021): $2.3M led by Tioga Capital Partners, Cv Vc, and Blockrocket
Key Investors in Scorechain
Tioga Capital Partners
Tioga Capital Partners is a European venture capital fund that focuses on supporting exceptional Web3 entrepreneurs and blockchain protocols, investing in innovative projects that reshape the digital landscape.
Cv Vc
CV VC is a Swiss blockchain venture capital firm that provides seed funding and an acceleration program to transformative startups globally, focusing on pre-seed and seed blockchain startups.
Blockrocket
BLOCKROCKET is a co-working community focused on blockchain, crypto assets, and DLT technologies, providing an environment for selected start-ups, corporate partners, and investors to foster learning and networking.
What's next for Scorechain?
With a major strategic investment bolstering its resources, Scorechain is poised for accelerated expansion and further development of its Risk-AML solutions. This significant capital infusion, part of its $2.9M in total financing, will likely enable the company to enhance its technological capabilities, broaden its market reach, and strengthen its compliance offerings for the burgeoning digital asset industry. The company's focus on serving both crypto-native businesses and traditional financial institutions positions it to capitalize on the increasing convergence of these sectors.
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