Chronicled, a San Francisco, California-based Web3-powered network within the life sciences industry raised US$8.3M in funding.
The round was led by True Global Ventures with participation from a Fortune 50 global technology company and other private investors.
The company intends to use the funds to accelerate growth and expand operations, team and product.
Led by CEO Susanne Somerville, Chronicled is the custodian of the MediLedger Network and facilitates working groups with trading partners to create solutions that enable trust and automation. It enables automation, trust, and automatic settlement for inter-company transactions in the Life Sciences and Healthcare industry. Through the blockchain-powered MediLedger Network, the company offers trading partners a new way to manage revenue, automate manual processes, and eliminate revenue leakage, while ensuring pricing accuracy and efficiency for health care providers and dispensers.
The MediLedger network was founded in 2017 by life sciences industry veterans Susanne Somerville and Eric Garvin who have 20+ years’ experience in the global pharma industry, along with serial entrepreneurs Ryan Orr and Maurizio Greco who have 20+ years’ experience building technology companies in Silicon Valley.
FinSMEs
18/02/2022