Blockchain Startup Stampery Announces $600k Investment Round Led by Draper & Associates

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Stampery,  the company that leverages blockchain technology to bring to the market digital data notarization, has recently announced the closing of a financing round of $600,000 – leaded by Draper & Associates with Boost VC, Blockchain Capital and angel investor Di-Ann Eisnor, head of Growth at Waze.

“Our mission is to enable our users to generate accurate, reliable and irrefutable proof of existence and integrity of all their files and digital communications” said Daniele Levi, CEO of Stampery. “The investment and partnership from Draper & Associates and the global relationships and experience they provide will enable us to accelerate adoption of our technology and grow our customer base. We are extremely excited to join an elite group of companies like Tesla, Skype or Baidu, also part of the Draper & Associates portfolio, and to work with the Draper family, who has always been an inspiration for the whole Stampery team”.

“We have created a product that puts blockchain technology to work without the user even noticing. Now we will continue integrating in systems millions of people are using – we already rolled out our Dropbox integration, next is Box, and so on. Our vision is to be everywhere there is a need of notarization. Traditional notarization is a drop in the ocean compared to the world of possibilities that fast and automatic data notarization opens up” said Luis Iván Cuende, CTO.

Stampery solves data certification problems, let them be documents emails, contracts, creations etc.. with a technology developed on the bitcoin blockchain protocol, the current most promising technology. It allows individuals and companies to certify any type of data generating accurate, reliable and immutable proofs of existence, integrity and ownership.

Anyone can access, register and use the service for free, and Premium customershave access to the PRO plan at 9,99 euro a month that enable them to certify up to 1.000 documents per month. Larger companies have tailored plans per users and certificates.

“The bitcoin/blockchain as of today is regarded like the internet was regarded in the 90’s, with great potential. Our product is a non financial bitcoin application because it uses its extraordinary features to generate reliable and unforgeable proof of anything that has occurred and that has generated a digital register. The proof of existence, integrity and ownership that Stampery generates is valid globally, unchangeable, and can be verified by any independent third party in a question of seconds. This is revolutionary because today maths and not trust in a central authority allows us to verify that something has occurred in a certain moment in time. Because of its decentralized characteristics, the blockchain is completely safe being protected by the most powerful network of computers in the world” explains Daniele Levi, the company CEO.

Stampery has developed a unique technology for scalability that is in the process of an international patent. This will permit millions of certifications per second.

“Our original scalability solution – says Luis Ivan, 19 years old, and one of the most recognised hackers in Europe – allows us to be extremely ambitious and to integrate Stampery’s functionality with hundreds of other services, like for example with Dropbox who already has 400 million users”

The team that created Stampery is now on their third project in the bitcoin/blockchain industry, and they have been selected amongst more than 1.000 startups to be presented in San Francisco´s TechCrunch Disrupt Battlefield. A beta of the product was launched in May this year, and has participated in the international intensive acceleration programme Menorca Millennials in its first edition.

“Thanks to Menorca Millennials we have had made some incredible contacts – Daniele says – and this is bringing forward new interesting business. With Menorca Millennials a new model, very innovative, open to the world is being created, it puts together international talent with mentors on the highest levels and investors from all over the world.”

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Founder of Blockchain News and The Hackitarians Foundation, Richard Kastelein is an award winning publisher and editor, hackathon organiser and entrepreneur. He has written over 700 articles at Blockchain News, has a massive network in the Blockchain arena and is available as a speaker and consultant. (richard@the-blockchain.com) Kastelein has spoken (keynotes & panels) on technology at events in Amsterdam, Barcelona, Belfast, Berlin, Brussels, Brighton, Copenhagen, Cannes, Cologne, Curacao, Frankfurt, Gdansk, Hollywood, Hilversum, Geneva, Groningen, London, Las Vegas, Leipzig, Madrid, Melbourne, NYC, Oxford, Rio de Janeiro, Sheffield, San Francisco, San Jose, Sydney, Tallinn, Vienna, and Zurich. A Creative Technologist & Canadian (Dutch/Irish/English/Métis) his career began in the Native Press (Canadian Arctic) and he later spent a decade in the Caribbean media. Currently, he writes occasionally for Wired Insights, Guardian & Virgin and his articles have been translated into Dutch, Greek, Polish, German & French.