# Witness

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

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.witness.co/
- Total disclosed funding: $3.5M
- Latest round: Seed (Oct 20, 2023)
- Investors on record: 2

## About

Based in California, US, Chronicle Labs, Inc., doing business as Witness operates as a research and development company providing a platform that is designed to issue and hash digital ownership using existing blockchain technology and maintain the on-chain composability of NFTs, attestations, tokens, and points. In February 2024, Witness raised USD 3.5 million in seed funding led by Haun Ventures, with participation from Coinbase Ventures.

The company offers a financial platform that offers solutions for creating and issuing various types of tokens, including NFTs, attestations, tokens, points, and timestamps at scale.

Witness eliminates the need for upfront or dynamic transaction fees, allowing users to issue ownership seamlessly and explore new use cases without friction. Witness supports signatures and custom data schemas to issue claims for on-chain objects.

The company plans to use the February 2024 funding to develop its verification protocol to tackle gas fees and scalability.

## Funding rounds

- Seed, Oct 20, 2023, $3.5M — Coinbase Ventures, Haun Ventures

## Investors

- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- Haun Ventures (https://capitalatlas.ai/funds/haun-ventures) — Seed