Itheum

company

About

As we enter the web3 and metaverse era; Itheum unlocks data silos and generates new value for your data.

Details

Last Funding Type
Series Unknown
Last Funding Money Raised
$4M
Industries
Analytics,Big Data,Blockchain,Pharmaceutical
Founded date
Mar 1, 2017
Number Of Employee
11 - 50
Operating Status
Active

itheum.io empowers you to own and trade your data in the Metaverse.

Using the platform, you can claim an NFT based "NFMe ID data avatar" - this is a unique avatar representation of yourself backed by real utility (access to your personal data).

Itheum also provides two other key products:
1) Data CAT (collection and analytics toolkit) - which is an SDK for enterprises to build data collection apps that bridge outcome-oriented and high-value personal data from web2 into web3.
2) Data DEX - a suite of blockchain-based tools to tokenize data for peer-to-peer trade, per-user encryption enabled personal data vaults that protect sensitive data, and "regulation friendly" data storage.

Key progress:

> Multi-chain peer-to-peer data protocol (EVM and Non-EVM).

> Beta DApp Deployed to Ethereum, Polygon, BSC, Avalanche.

> 1st place Winner FileCoin, Hedera, PlatON & Parastate hackathons.

> Winning positions in Elrond, Polygon hackathons.

> Data CAT (SDK to build data collection apps in web2) live and used in industry (https://okpulse.life, https://itheum.com/redheartchallenge).

> 1st project to be incubated by Morningstar ventures' Dubai incubator.

> 2nd project be launched on Elrond Maiar Launchpad (from a pool of thousands of prospects).

> Over 170k KYCs completed during the launchpad whitelist.

> Exciting use cases in web3 & enterprise data sharing (health data exchange, unlocking guild/gaming data economies, etc).


Some Notable Media:

> https://hackernoon.com/itheum-a-web3-data-brokerage-platform-after-raising-$15-million-is-launching-on-elrond

> https://www.fool.com/investing/2022/03/15/2-key-catalysts-drive-the-elrond-digital-token-hig/

> https://cryptonews.com/news/top-metaverse-projects-pay-attention-right-now.htm


Why we chose the Elrond ecosystem as our main chain:

https://www.youtube.com/watch?v=OTMv9NvP7C8

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$5.97M
Itheum has raised a total of $5.97M in funding over 2 rounds. Their latest funding was raised on Mar 17, 2022 from a Series Unknown round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Mar 17, 2022 Series Unknown $4M 9 Detail
Jan 11, 2022 Seed $1.50M 3 Morningstar Ventures Detail
Dec 1, 2021 Pre-seed $400K Detail
Oct 1, 2021 Pre-seed $75K Detail

Employee Profiles

Number of Employee Profiles
1
Itheum has 1 current employee profiles, including Executive Mark Paul
Executive