iov42
2016
FOUNDED
PRIVATE
STATUS
41-50
EMPLOYEES
Series C3
LATEST DEAL TYPE
$22.6M
LATEST DEAL AMOUNT
Description
Developer of an identity-centric and multi-asset blockchain operating platform intended to provide service to cryptocurrencies. The company's platform utilizes a high-performing consensus mechanism and unique design and architecture, enabling users to solve critical problems that constrain current blockchain technologies such as scalability, speed, energy efficiency and usability.
Website
Formerly Known As
Sealstack
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Primary Office
- The Gherkin
- 30 Saint Mary Axe
- London EC3A 8BF
- England, United Kingdom
+44 020 0000 0000
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iov42 Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C3) | 31-Mar-2019 | $22.6M | 000.00 | 00000 | Completed | Product Development |
| 6. Later Stage VC (Series C2) | 05-Oct-2018 | 00.000 | 000.00 | 00000 | Completed | Product Development |
| 5. Later Stage VC (Series C1) | 14-Nov-2017 | 000.00 | 000.00 | 00000 | Completed | Product Development |
| 4. Early Stage VC (Series B) | 10-Oct-2017 | 00.000 | 00.000 | 00000 | Completed | Product Development |
| 3. Early Stage VC (Series A) | 21-Mar-2017 | 00.000 | 00.000 | 000.00 | Completed | Startup |
| 2. Seed Round | 31-Oct-2016 | $551K | $1.11M | 0000 | Completed | Startup |
| 1. Seed Round | 10-Jun-2016 | $562K | $562K | 00.000 | Completed | Startup |
iov42 Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Ordinary | 0,000,000 | 00.000000 | 00.0 | 00.0 | 00 | 00.0 | 0.000 | |
| Ordinary | 000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Ordinary | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 0.000 | |
| Ordinary | 1,424,500 | $0.002125 | $0.37 | $0.37 | 1x | $0.37 | 2.35% | |
| Ordinary | 5,555,500 | $0.002125 | $0.1 | $0.1 | 1x | $0.1 | 9.16% |
iov42 Executive Team (5)
| Name | Title | Board Seat |
Contact Info |
|---|---|---|---|
| Anton Schmidbauer | Co-Founder, Chief Executive Officer & Board Member | ||
| Robert Zapfel | Co-Founder & Board Member | ||
| Jan Nyholm | Partner |
2 Former Executives
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