# Skuchain

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

- Industry: Software
- Headquarters: Mountain View, US
- Website: www.skuchain.com
- Latest round: Seed (Feb 3, 2016)
- Investors on record: 2

## About

Skuchain specializes in enhancing supply chain efficiency through blockchain technology, offering innovative solutions for inventory financing and management. Their platform enables businesses to tokenize inventory assets, facilitating better control and liquidity.Founded in 2014 in Mountain View, US, Skuchain focuses on optimizing supply chain operations. The company has undergone strategic development in its offerings and has secured funding through a Seed round. The company’s leadership includes Founder Rebecca Liao and CEO Srinivasan Sriram. Skuchain attracted investment from prominent firms such as Amino Capital, Digital Currency Group, and Fenbushi Capital during a financing event in February 2016, which marked its only recorded deal.Skuchain’s primary offerings focus on enhancing supply chain operations through blockchain technology, specifically in the realm of inventory financing and control. The company provides a platform that enables businesses to tokenize real-world inventory assets into digital multi-tokens, allowing for easier management, trading, and financing of inventory. This solution empowers buyers with better control over their inventory and provides sellers with essential working capital relief. Skuchain’s products serve a diverse client base, including suppliers, buyers, and traders across various industries, facilitating improved liquidity and enhanced supply chain efficiency. Their technology is being utilized in multiple geographical markets, including North America and Europe, where companies are increasingly adopting blockchain solutions to mitigate risks associated with stockouts and enhance financial processes.Skuchain generates revenue through transaction fees and service charges associated with its blockchain-based inventory financing platform. Clients engage with the company by utilizing its digital assets, such as Popcodes and DLPCs, to facilitate the tokenization and trading of inventory. A typical transaction may involve a supplier listing their inventory assets on Skuchain's marketplace, thereby creating an opportunity for buyers and traders to invest in these tokenized assets. Revenue is structured around fees for asset transactions along with potential subscription models for ongoing access to platform features. The company’s transparent blockchain platform positions it as a trusted partner for clients seeking reliable financial returns on secured inventory assets, contributing to its revenue stream through the facilitation of asset management and trading.Skuchain's growth strategy focuses on enhancing its platform with new product features aimed at improving user experience and expanding functionality. Plans are underway to target additional geographic markets, particularly in Asia and South America, with initiatives expected to roll out by the end of 2023. The proceeds from the Seed financing round in February 2016 are set to bolster these expansion efforts, supporting the development of the upcoming product offerings and market penetration strategies.

## Funding rounds

- Seed, Feb 3, 2016 — Digital Currency Group, Fenbushi Capital

## Investors

- Digital Currency Group (https://capitalatlas.ai/funds/digital-currency-group) — Seed
- Fenbushi Capital (https://capitalatlas.ai/funds/fenbushi-capital) — Seed