The Provenance Chain Network raised $4M in the first tranche of Series A equity funding to expand operations and development efforts.
Apr 15, 2024•over 1 year ago
Amount Raised
$4 Million
Round Type
series a
Investors
Jeff Gaus
Description
The Provenance Chain Network, a company providing permissioned access to product knowledge, closed the first tranche of Series A equity funding at $4M. The total amount raised in this round is over $12M. The funding will be used to expand operations and development efforts.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers