Tech Company Financing Transactions
Chain.io Funding Round
Chain.io, based in Philadelphia, received $5 million from Grand Ventures, Mercury Fund and Engage Ventures.
Transaction Overview
Company Name
Announced On
4/17/2021
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Undisclosed
Investors
Grand Ventures (Lead Investor)
Mercury Fund (Lead Investor)
Proceeds Purpose
The company intends to use the funds to continue to expand operations, filling a number of new positions in sales, engineering, customer success and more, and its business reach.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
399 Market St.
Philadelphia, PA 19106
USA
Philadelphia, PA 19106
USA
Phone
Website
Email Address
Overview
The Chain.io network is made up of configurable adapters that make connecting your existing software to your partners as easy as pointing and clicking. Once you're connected to Chain.io, you'll be able to connect to industry leading transportation management systems, rating and booking platforms, freight payment providers, and more.
Management Team
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Where The Data Comes From
Our team works diligently to record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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