Paris based blockchain technology company Stratumn has raised €7m in Series A funding led by Open CNP. Stratumn provides network solutions securing processes between enterprises and their stakeholders through blockchain technology and advanced cryptography.
Founded in Paris in 2015 by Richard Caetano, an American entrepreneur, Stephan Florquin and Sebastien Couture, Stratumn provides companies with the Proof of Process Technology platform to secure and streamline regulatory and compliance procedures, improving customer privacy and data protection, while reducing operational and back office costs. The company’s suite of network solutions provides organizations with an efficient way to streamline and secure the exchange of data between partners, customers, and regulators. Stratumn has already developed more than 10 projects with large companies such as CNP Assurances, Allianz France, Nasdaq, Thales, Bureau Veritas or Bouygues Immobilier.