Elemetric
Elemetric is an API service for the blockchain internet, powering the future of blockchain applications beyond cryptocurrencies. Their platform consists of two parts: 1) tooling for transforming data for use on blockchain and 2) a online marketplace for brokering data transactions. Companies with valuable data use Elemetric for network growth and monetization. Companies building blockchain applications can go to market faster with easier access to data. Elemetric serves as a critical infrastructure piece, bridging between data on the internet today and data used in the next generation of apps on blockchain.
Elemetric
Elemetric is an API service for the blockchain internet, powering the future of blockchain applications beyond cryptocurrencies. Their platform consists of two parts: 1) tooling for transforming data for use on blockchain and 2) a online marketplace for brokering data transactions. Companies with valuable data use Elemetric for network growth and monetization. Companies building blockchain applications can go to market faster with easier access to data. Elemetric serves as a critical infrastructure piece, bridging between data on the internet today and data used in the next generation of apps on blockchain.
TL;DR
Founded: November 1, 2016 (Chicago, IL)
What they build: API service for the "blockchain internet": data-transformation tooling plus an online marketplace for data transactions
Funding signal: Pre-Seed announced 2017-07-12; investors listed include IDEO, Techstars, and Right Side Capital Management
Operating status / web presence: Business profiles list the company as Closed; the company website currently displays a "Launching Soon" landing page
Company Overview
Problem Domain
Data access, transformation, and monetization for blockchain applications; connecting internet-hosted data to blockchain-based apps.
Founded
2016
Industry
Blockchain
Funding Track Record
Right Side Capital Management is also listed as a participant; funding amount is not disclosed.
Investor Signal
“Investors listed include IDEO, Techstars, and Right Side Capital Management.”