Everledger
Provider of fraud prevention solutions for multiple sectors. Everledger provides an immutable ledger for diamond identification and transaction verification for various stakeholders. Deploying the principles of blockchain utilized by Bitcoin to create a ledger for diamond using which the ownership of the diamond can be tracked. Insurance fraud for diamonds has been significantly high. With Everledger in place, these…
Funding snapshot
About
Provider of fraud prevention solutions for multiple sectors. Everledger provides an immutable ledger for diamond identification and transaction verification for various stakeholders. Deploying the principles of blockchain utilized by Bitcoin to create a ledger for diamond using which the ownership of the diamond can be tracked. Insurance fraud for diamonds has been significantly high. With Everledger in place, these could be mitigated. The company operates in the Enterprise Applications > SCM Software, FinTech > RegTech sector. Founded in 2015 and headquartered in London, United Kingdom and has raised $38.6 million in Series A funding. Key investors include Mastercard Start Path, Centrodeinnovacionbbva.com, Stifel, Vickers Venture Partners, Graphene Ventures, Future Perfect Ventures, Fenbushi Capital, Fidelity Investments.
Business model
SCM Software > Visibility & Compliance > Supply Chain Visibility > Track & Trace > Blockchain Based,
RegTech > Fraud Detection > Transaction Monitoring,
Tech Nation Batches > Upscale > Cohort 5.0
Institutional investors
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