Tierion
Latest round
- Seed
Last raised
- May 2016
Total raised
- $1M
Investors
- 2
About Tierion
Founded in 2015 in Hartford, US, Tierion specializes in blockchain solutions, particularly through its flagship product, Chainpoint. The company was co-founded by Wayne Vaughan, who has a background in technology and entrepreneurship.Tierion primarily offers its flagship product, Chainpoint, designed to provide proof and assurance of data integrity by anchoring it to the blockchain. This service enables businesses to create timestamp proofs that verify the existence and accuracy of data at a specific point in time. Chainpoint addresses several use cases, including maintaining immutable audit trails for business processes, ensuring the integrity of data gathered from IoT devices, and providing timestamp proofs for digital documents. Clients range from businesses needing regulatory compliance to those seeking to issue blockchain verifiable credentials for educational and professional achievements.Tierion generates revenue through a subscription-based model for its Chainpoint services, which allows clients to access its blockchain proof technology. Clients typically engage in direct partnerships, paying for tiered subscription plans based on their usage levels and specific service needs. The pricing structure is designed to accommodate various user requirements, ensuring businesses, regardless of size, can integrate blockchain verification into their operations. Flagship services include Chainpoint's document timestamping and IoT data integrity solutions, which attract a mix of corporate clients and developers seeking to enhance their data security measures. Upcoming product enhancements are focused on improving Chainpoint’s functionality for both document timestamping and IoT data integrity solutions. Additionally, Tierion aims to expand its services into new geographic markets across Europe and Asia by the end of 2023, targeting industries with significant data integrity needs.
Who invested in Tierion
2 investors across 1 round
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Funding rounds
Seed
May 5, 2016
Amount
$1M
Investors
Questions about Tierion
Who invested in Tierion?
Tierion has 2 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Tierion raised?
Tierion has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Tierion last raise money?
Tierion's most recent round on record is a Seed, in May 2016.
What does Tierion do?
Founded in 2015 in Hartford, US, Tierion specializes in blockchain solutions, particularly through its flagship product, Chainpoint.
Where is Tierion headquartered?
Tierion is headquartered in Hartford, US.
Which VCs invest in companies like Tierion?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Tierion's stage. Their profiles are linked below.
VCs backing software startups at Seed
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