SteamChain enables original equipment manufacturers (OEMs) to offer usage-based financing (hardware-as-a-service) to their customers.
SteamChain enables original equipment manufacturers (OEMs) to offer usage-based financing (hardware-as-a-service) to their customers.Under the status quo, customers pay OEMs based on milestones before, during and after delivery of machines.Leveraging blockchain, SteamChain enables OEMs to be paid on the productivity of the machine over its lifecycle, increasing the OEMs long-term financial upside and better aligning incentives with their customers.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Jan 5, 2022 | Non-Equity Assistant | — | 1 | Maritime Blue Innovation Accelerator | — | Detail |
Dec 5, 2018 | Seed | $2.70M | 4 | Capital Midwest Fund gener8tor | — | Detail |
Nov 20, 2017 | Pre-seed | $90K | 1 | — | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Maritime Blue Innovation Accelerator | Yes | Non-Equity Assistant |
Capital Midwest Fund | Yes | Seed |
gener8tor | Yes | Seed |
BrightStar Wisconsin Foundation | — | Seed |
Cream City Venture Capital | — | Seed |