# Commonware

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/commonware

- Industry: Financial Services
- Headquarters: US
- Website: www.commonware.xyz
- Total disclosed funding: $8.1M
- Latest round: Seed (Oct 31, 2024)
- Investors on record: 2

## About

Based in the US and founded by Patrick O’Grady, Commonware, Inc. operates as a fintech company providing a blockchain framework to its customers to improve interoperability. Also, it supports firms with secure communication and data management. In December 2024, Commonware, Inc. raised USD 9 million in venture funding co-led by Haun Ventures and Dragonfly. 

Commonware specializes in providing a variety of blockchain-focused products and services that improve communication, data integrity, and security in distributed environments. The company’s offerings include mechanisms for generating cryptographic keys, signing messages, and verifying signatures deterministically, for improving communications. The platform enables users to execute asynchronous tasks through a configurable scheduler and allows for the persistence and retrieval of data from an abstract store. In addition, the firm supports encrypted messaging between groups, facilitating private communication among friends and colleagues.

## Funding rounds

- Seed, Oct 31, 2024, $8.1M — Dragonfly Digital Management, Haun Ventures

## Investors

- Dragonfly Digital Management (https://capitalatlas.ai/funds/dragonfly-digital-management) — Seed
- Haun Ventures (https://capitalatlas.ai/funds/haun-ventures) — Seed