SafeChain Financial, Inc.
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SafeChain Financial, Inc. - overview
Established
2016
Location
Columbus, OH, US
Primary Industry
Software
About
SafeChain Financial, Inc. provides innovative solutions that streamline the real estate transaction process through enhanced security and efficiency, utilizing blockchain technology to transform property closings and title insurance. SafeChain Financial, Inc. was founded in 2016 in Columbus, US.
The company specializes in optimizing real estate transactions and has completed 3 deals, with their most recent deal occurring on October 15, 2018. Chris Sauerzopf serves as CEO and is one of the founders of the company. SafeChain Financial raised USD 0. 7 mn in venture funding during their latest funding round, which matches the total amount raised to date.
SafeChain. io specializes in providing innovative solutions aimed at streamlining the real estate transaction process, particularly in the realm of property closing and title insurance. Their core product offerings include a digital platform that enhances the efficiency and security of real estate transactions by utilizing blockchain technology. This platform facilitates faster transactions, reduces the risk of fraud, and simplifies the administrative aspects of property transfers.
Targeting real estate professionals, such as agents, brokers, and title companies, SafeChain. io serves a diverse customer base across the United States and Canada, enabling these users to offer enhanced services to their clients. SafeChain. io generates revenue through a transactional model based on service fees associated with their technology platform.
The company engages in B2B transactions, partnering with real estate firms and title companies that utilize SafeChain. io's offerings to optimize their transaction processes. Clients may pay fees per transaction or subscribe to their platform for ongoing access and support. While specific pricing plans are not detailed, the firm’s model suggests that fees may vary based on the volume and complexity of transactions facilitated through their service.
SafeChain Financial plans to leverage its recent funding of USD 0. 7 mn, raised in October 2018, to enhance its product offerings and expand into new markets. The company is currently designing new features for its platform aimed at further increasing transaction efficiency and security. There are also plans to expand its services into additional geographic regions beyond the United States and Canada, with specific target markets being evaluated for entry within the next two years.
Current Investors
Revolution Ventures, NCT Ventures, Social Capital
Primary Industry
Software
Sub Industries
Analytics & Performance Software, Monitoring & Security Software
Website
www.safechain.io
Verticals
Real Estate Tech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only

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