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§ Private Profile · London, United Kingdom
Blockchain platform for tracking provenance and ownership of high-value assets, ensuring supply chain transparency and combating fraud.
London-based Everledger develops enterprise blockchain platforms designed to track the provenance, authenticity, and ownership of high-value assets across complex global supply chains. The company creates secure digital identities for diamonds, colored gemstones, fine wine, and electronics waste by utilizing specific metadata points like laser inscriptions to ensure transparency and combat industry fraud. Operating without tokenization, the firm generates revenue through its provenance software and partners with organizations such as the Gübelin Gem Lab and the Moyo Gemstones initiative in Tanzania. The enterprise has secured over $30 million in total venture capital, highlighted by a $10.5 million early round and a subsequent $20 million Series A financing. This equity funding was backed by a syndicate of prominent institutional investors that includes Tencent Holdings, Bloomberg Beta, Fidelity, and Rakuten. Everledger was founded in 2015 by Leanne Kemp.
Everledger has raised $37.0M across 3 funding rounds.
Everledger has raised $37.0M in total across 3 funding rounds.
Everledger has raised $37.0M across 3 funding rounds. Most recently, it raised $7.0M Other Equity in July 2020.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 15, 2020 | $7M Venture Round | Tencent Holdings, UK Government | — | Announced |
| Oct 2, 2019 | $20M Series A | James Mitchell | Bloomberg Beta, Fidelity Management & Research Company, Nabil Alnoor Borhanu, Rakuten, Vickers Venture Partners | Announced |
| Mar 1, 2018 | $10M Series A | Fidelity Management & Research Company | Future Perfect Ventures, Tapas Capital, Trinity Ventures, Valhalla Capital, Colin Carrier, Bloomberg Beta, Fenbushi Capital, FPV Ventures, Graphene Ventures, Rakuten, Finian TAN | Announced |
Everledger is an independent technology company that builds a transparency platform using blockchain, AI, IoT, and intelligent labeling to create secure digital identities for high-value assets like diamonds, gemstones, wine, and luxury goods.[1][2][3] It serves businesses in supply chains—such as producers, manufacturers, certification bodies, and retailers—solving problems of provenance verification, compliance (e.g., Kimberley Process), fraud detection, and sustainability tracking by providing immutable, tamper-proof records of an asset's lifetime journey from origin to consumer.[2][4][5] This enables greater efficiency in compliance, trust-building, and resilience, with applications like real-time IoT data capture and smart contracts on private blockchains.[1][2][4] Named a World Economic Forum Technology Pioneer in 2018 and ISO 27001 certified, Everledger drives transparency in marketplaces where authenticity and ethical sourcing are critical.[1]
Everledger was founded by CEO Leanne Kemp, who identified vulnerabilities in traditional paper-based ownership records for diamonds and luxury goods, where tampering was common to enable fraud and corruption.[5] The idea emerged around 2015-2016, leveraging the advent of blockchain to create a tamper-proof digital ledger for tracking high-value assets' provenance, ownership history, and integrity markers—starting with diamonds but expanding to wine, art, and more.[5] Early traction came from recognizing blockchain's immutability, security, and scalability for joint record-keeping across stakeholders, allowing smart contracts for financing and insurance while combating counterfeits.[5] Pivotal moments include partnerships with banks and recognition as a Technology Pioneer by the World Economic Forum in 2018, solidifying its role in secure asset tracking.[1][5]
Everledger rides the wave of supply chain transparency and provenance tech, fueled by consumer demand for ethical sourcing amid scandals in diamonds (e.g., conflict minerals) and luxury goods counterfeiting.[3][5] Timing aligns with blockchain's maturation post-2015, AI/IoT advances, and regulatory pressures like the Kimberley Process, enabling immutable digital twins in industries worth trillions.[1][2][5] Market forces favoring it include rising ESG mandates, Web3 adoption for asset tokenization, and IoT proliferation for real-world data oracles, positioning Everledger to influence sectors like gems, wine, art, and renewables by standardizing verified histories.[2][4] It shapes the ecosystem by fostering trust networks, enabling smart contracts for financing/insurance, and partnering with forums like the World Economic Forum to pioneer resilient, sustainable marketplaces.[1][5]
Everledger is poised to expand its platform into emerging areas like tokenized real-world assets (RWAs) and carbon credits, leveraging AI/IoT-blockchain convergence for broader sustainability tracking.[2][3] Trends like regulatory pushes for supply chain disclosure (e.g., EU deforestation rules) and AI-driven fraud detection will accelerate adoption, potentially scaling to new verticals like pharmaceuticals or EVs.[1][4] Its influence may evolve from niche luxury tracking to a foundational transparency layer in global trade, amplifying trust in digital-physical economies—reinforcing its vision as the world's most trusted provenance platform amid rising demands for verifiable stories.[3]
Everledger has raised $37.0M in total across 3 funding rounds.
Everledger's investors include Tencent, UK Government, James Mitchell, Bloomberg Beta, Fidelity Management & Research Company, Nabil Alnoor Borhanu, Rakuten, Vickers Venture Partners, Future Perfect Ventures, Tapas Capital, Trinity Ventures, Valhalla Capital.