Fidelity, GMP lead $10.4m series-A for Everledger

Fidelity and GMP together raised $8.3m of equity. Vickers Venture Partners and Graphene Ventures also took part in the round joining existing investors including FPV, Fenbushi, Bloomberg Beta and Rakuten.

Everledger will use the fresh capital to continue its growth and expand its provenance tracking platform into the diamond and coloured gemstone markets.

This new funding round coincides with the appointment of Finian Tan as a board member and the opening of a new Asian office in Mumbai.

Company
Everledger was founded in 2015 and is headquartered in London. The firm uses emerging technologies including blockchain and machine vision to track the provenance of high value assets on a global digital ledger. Everledger started off as a diamond tracker but has now expanded to coloured gemstones, jewellery, fine wine and art, among other industries.

People
Everledger – Leanne Kemp (founder & CEO).

Advisers
Company – Proskauer Rose (legal).

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• Topics
• Expansion
• UK / Ireland
• Technology
• United Kingdom