SafeChain in the News
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Tackling the inefficiencies of the buying and selling process from the inside-out, SafeWire is built to integrate with a title company’s existing workflow.
The winner of this year’s $100K cash prize was real estate transaction security startup SafeChain Financial—and SafeChain is just one of the many startups experiencing success and growth in this region.
SafeChain, an Ohio-based company with a vision of using Blockchain technology to facilitate 30-second real estate transactions, has secured $3 million in funding, the company announced.
SafeChain will use the funds to expand the sales team, develop additional products, and execute on customer partnerships.
With investors from Ohio, Illinois, Washington DC, New York and California, the raise completes one of the most geographically diverse and experienced syndicates for a seed stage company in the Midwest.
SafeChain, an Ohio-grown company, developed fraud prevention software for title service professionals.
The company will almost double this year, with plans to hire 20 workers, mostly software engineers, co-founder and CEO Tony Franco said.
SafeChain, a Columbus, OH-based real estate tech startup, secured $3m in funding.
Late last year, [Steve] Case and his venture capital firm, Revolution, teamed up with J.D. Vance, author of “Hillbilly Elegy,” to create the $150 million fund to find promising start-ups outside of Silicon Valley, New York and Boston, in which to invest.
Someday, its ability to cut out transaction middlemen could simplify complicated, paper-driven financial interactions such as buying a house
Our view is that blockchain is a core fundamental technology that will end up having a profound impact on many industries, not just the financial service industry.
The day ended with Case, his partner and author J.D. Vance, and four other judges selecting fintech startup SafeChain from eight pitch competitors for a $100,000 prize.
SafeChain is building software for secure digital real estate transactions using blockchain, the technology infrastructure created for the digital currency bitcoin.
"Title companies, through proper processes, can often nip out some wire scamming,” said Franco, whose company offers a service, called SafeWire, that helps verify bank accounts.
10 startups were chosen for the 10 week cohort fintech accelerator program. Business leaders across the region came together with nonprofit JobsOhio to launch Fintech71.
Helen Altshuler, a senior engineering leader and technical manager at Google, a board adviser at SafeChain, which is focused on applying blockchain to the title insurance ecosystem
We believe our 10-week program will provide an ideal springboard for these companies to graduate from emerging startups to scalable businesses, especially with access to many Fortune 500 and Fortune 1000 partners across Ohio.