PowerLoom Protocol

company

About

Scaling trust as the first verification primitive

Details

Last Funding Type
Seed
Last Funding Money Raised
$3.10M
Industries
Blockchain,Software
Founded date
Sep 1, 2020
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
PowerLoom, Inc.
Also Known As
PowerLoom, Inc.

PowerLoom Protocol aggregates on-chain and off-chain data to generate snapshots with cryptographic proofs in a decentralized manner. It aims to build trust and offer meaningful insights on demand through a rich ecosystem of peers and stakeholders that are incentivized to participate in the protocol.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$3.10M
PowerLoom Protocol has raised a total of $3.10M in funding over 2 rounds. Their latest funding was raised on Oct 6, 2021 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Oct 6, 2021 Seed $3.10M 4 Blockchain Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
4
PowerLoom Protocol is funded by 4 investors. Blockchain Capital and CMS Holdings are the most recent investors.
Investor Name Lead Investor Funding Round
Blockchain Capital Yes Seed
CMS Holdings Seed
Fenbushi Capital Seed
Protocol Labs Seed

Employee Profiles

Number of Employee Profiles
3
PowerLoom Protocol has 3 current employee profiles, including Advisor Alan Curtis
Advisor
Executive
Executive