How much funding has Paperchain raised?

Paperchain has raised $2.2M in total funding, most recently a Pre-Seed round.

Who are Paperchain's investors?

Paperchain's investors include OIF Ventures, Techstars.

When was Paperchain founded?

Paperchain was founded in 2019.

Where is Paperchain headquartered?

Paperchain is headquartered in Staten Island, New York, United States.

What industry is Paperchain in?

Paperchain operates in Crypto & Web3, Fintech, Music, SaaS.

Paperchain

Faster payments for creators

Staten Island, United States · Founded 2019 · $2.2M raised

Headquarters: Staten Island, New York
Employees: 1–10
Founded: 2019
Business Model: B2B

Website: paperchain.io
Total Funding: $2.2M
Last Round: $1.4M Pre-SeedMar 2021
Rounds: 3

About

Paperchain developed the first collateral-backed loan product for streaming media, allowing digital media creators and rights-holders to access their streaming revenues from platforms like Spotify and Apple Music on demand rather than waiting months for royalty payments. The company was founded in 2017 by Daniel Dewar (CEO) and co-founder Rahul, originally based in London and later operating in Australia and the US. Paperchain raised approximately $2 million in funding and successfully paid out over $1 million in royalties to more than 4,000 artists before closing around early 2024. The paperchain.io domain is now a blockchain content blog unrelated to the original company.

Summary

Paperchain is a Crypto & Web3 company based in Staten Island, United States, founded in 2019. It has raised $2.2M in total across 3 rounds, most recently a $1.4M Pre-Seed round in Mar 2021. Investors include OIF Ventures and Techstars.