Chronicled
Latest round
- Series B
Last raised
- Feb 2022
Total raised
- $31M
Investors
- 7
About Chronicled
Chronicled, Inc.Founded in 2014 in San Francisco, US, Chronicled, Inc. provides advanced solutions for the pharmaceutical supply chain. The company was co-founded by Eric Garvin, Maurizio Greco, and Ryan Orr, with Susanne Somerville serving as the current CEO.3 million.Chronicled's core offering, the MediLedger platform, provides advanced solutions for data alignment and transaction settlement across the pharmaceutical supply chain, specifically targeting manufacturers, wholesalers, group purchasing organizations (GPOs), and health systems. The platform leverages secure blockchain technology to streamline processes such as contract communication and claim adjudication, thereby minimizing revenue leakage and enhancing operational efficiency. This innovative solution enables manufacturers to optimize their Gross-to-Net revenue calculations while empowering wholesalers and GPOs to align pricing data accurately with trading partners, ultimately ensuring consistent and precise pricing across health systems.Chronicled's revenue model is anchored in B2B transactions involving subscriptions and partnerships with various stakeholders in the pharmaceutical industry. The company engages in contractual agreements with manufacturers, wholesalers, and health systems, facilitating seamless data integration and transaction processing through the MediLedger platform. Revenue is generated through subscription fees for access to the platform's suite of tools and features, which include roster management and real-time eligibility checks. Each transaction processed on the platform not only enhances pricing accuracy but also reduces the administrative burden associated with chargebacks and billing errors, contributing to a more efficient marketplace.In February 2021, Chronicled, Inc. Additionally, Chronicled aims to expand its presence in European markets by 2025, targeting strategic partnerships with key players in the pharmaceutical supply chain to reinforce its position.
Who invested in Chronicled
7 investors across 5 rounds
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Questions about Chronicled
Who invested in Chronicled?
Chronicled has 7 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Chronicled raised?
Chronicled has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Chronicled last raise money?
Chronicled's most recent round on record is a Series B, in Feb 2022.
What does Chronicled do?
Chronicled is a internet company.
Where is Chronicled headquartered?
Chronicled is headquartered in San Francisco, US.
Which VCs invest in companies like Chronicled?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back internet companies at Chronicled's stage. Their profiles are linked below.
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