Astrachain

Astrachain, founded in 2021 in Paris, France, specializes in decentralized data management solutions.961 mn.Astrachain specializes in providing comprehensive solutions for sensitive data management through its flagship product, SPLiT. The core offerings include secure data storage, collaboration around documents, secure document sharing, and the creation of secure data rooms. These services are designed to address critical end-use cases such as protecting sensitive information, facilitating secure collaboration among teams, and ensuring compliance with data protection regulations. Astrachain primarily serves businesses ranging from startups to large enterprises across various sectors, including finance, healthcare, and legal.Astrachain’s revenue model is based on subscription services that allow clients to access and utilize its sensitive data management solutions. The transactions typically involve businesses entering into service agreements that outline the terms of use, including duration, fees, and service levels. Customers may subscribe to specific data management packages that cater to their organizational needs, which can include varying levels of access to features such as secure data rooms and collaboration tools. Pricing plans are structured to accommodate a range of business sizes, from small operations to large enterprises, ensuring that Astrachain’s offerings are accessible and scalable. Future products are under development, with a focus on launching additional features for SPLiT by the end of 2024. Astrachain aims to penetrate the North American market further, targeting a strategy for expansion there by mid-2025, with a keen focus on enhancing data security solutions.

1. Series A

   Nov 10, 2021

   Amount

   $1.4M

   Investors

   Locked