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