Seattle startup Indicio announced a $3.5 million seed round to support growth of its software used by companies across finance, healthcare, and travel industries to verify data through encrypted digital credentials.
Indicio uses decentralized blockchain technology to help companies “confirm data authenticity, repeatedly and efficiently, from its source without the expense or risk of direct integrations,” according to its website.
The company is led by Heather Dahl, a former director at KPMG who was CEO of the Sovrin Foundation and co-founded CynjaTech.
The round was led by Hard Yaka, and included 37 Angels, Alliance of Angels, Angel Investment Trust, Anthony and Marilyn Henn Trust, Baptiste Cota, Breakaway Partners OU, Dingman Center Angels, Liquid Avatar Technologies Inc., Roy Avondet, SWAN Venture Fund, SWAN Venture Group, Tawfique Hamid, and NuFund Venture Group fma Tech Coast Angels – San Diego.