Skry, Inc.

blockchainregtechartificial intelligence/machine learning

STATUS: Closed
FOUNDING YEAR: 2014
LOCATION: United States
Last Update: 01/05/2020

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About

Skry, Inc. is the leading Blockchain analytics and intelligence firm based out of Silicon Valley. The company provides an end-to-end platform that enables enterprises to derive real-time business intelligence and risk assessment from Blockchains and decentralized applications.

MEDICI Analysis

Skry, Inc. is a blockchain analytics and intelligence firm which provides an end-to-end platform that enables enterprises to derive real-time business intelligence and risk assessment from Blockchains and decentralized applications.

Focus

PRODUCTS & SERVICES

Blockchain Intelligence Platform

REVENUE MODEL

Subscription

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

People

BOARD MEMBERS AND ADVISORS

Ibrahim Bashir

NUMBER OF EMPLOYEES

1-10

COMMENT:

A combination of talented engineers & data scientists (AWS, Rice University) with leading domain experts in Big Data & Artificial Intelligence (IBM/Huawei, UC Berkeley).

Momentum

FUNDED

NO

LISTED

NO

For Investors

USES OF FUNDS RAISED:

1. Launch Platform

2. Expand Engineering Team

Innovation Programs

BASICS

STATUS:

Closed

FOUNDING YEAR:

2014

LOCATION:

United States

Views:

285 VISITORS | 475 VIEWS

About

Skry, Inc. is the leading Blockchain analytics and intelligence firm based out of Silicon Valley. The company provides an end-to-end platform that enables enterprises to derive real-time business intelligence and risk assessment from Blockchains and decentralized applications.

Subscribe to the MEDICI Inner Circle Membership and gain access to an exclusive Slack community where you can engage in discussions with global industry experts!

MEDICI Analysis

Skry, Inc. is a blockchain analytics and intelligence firm which provides an end-to-end platform that enables enterprises to derive real-time business intelligence and risk assessment from Blockchains and decentralized applications.

Focus+
Momentum+
People+
For Investors+
Other+

Innovation Programs

Join the exclusive global FinTech community

Be a part of the global FinTech community on Slack

Skry, Inc.

About

Skry, Inc. is the leading Blockchain analytics and intelligence firm based out of Silicon Valley. The company provides an end-to-end platform that enables enterprises to derive real-time business intelligence and risk assessment from Blockchains and decentralized applications.

Focus

PRODUCTS & SERVICES

Blockchain Intelligence Platform

REVENUE MODEL

Subscription

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

KEY DIFFERENTIATORS

- Blockchain Agnostic - Advanced Machine Learning, Graph Analytics & Artificial Intelligence

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Small And Medium Business - Other

People

NUMBER OF EMPLOYEES

1-10

KEY EMPLOYEES:

CTO: Akash Singh

TEAM COMMENT:

A combination of talented engineers & data scientists (AWS, Rice University) with leading domain experts in Big Data & Artificial Intelligence (IBM/Huawei, UC Berkeley).

BOARD MEMBERS AND ADVISORS:

Ibrahim Bashir

Momentum

FUNDED

NO

TOTAL FUNDING:

$1.1 M

FUNDING COMPLETED

NO

LISTED

NO

FUNDING SERIES
Seed Jul 2015 --- USD1.1 M Comment on Seed Skry has raised $1.1m as part of a seed round led by Palo Alto-based incubator The Hive. Founded in April 2014, Skry describes itself as a "real-time intelligence service" for blockchain platforms. Today, the startup enables clients in the bitcoin industry, including undisclosed payment processors, wallet providers and exchanges, to conduct risk assessment through blockchain analysis. Skry CEO Fabio Federici told CoinDesk: "We're not building the infrastructure. But, if someone is accepting bitcoin, we can provide them ways to understand their users better." Federici explained that by using the blockchain and its in-house tools for pattern recognition and real-time online learning, clients are able to detect suspicious activity on the blockchain. "We analyze the inputs of the transaction, the structure of previous transactions and pull in metadata around those inputs to derive how risky a transaction is," Federici said. A graduate of 500 Startups, the company had originally sought to apply its data analysis for bitcoin traders. However, Federici suggested that as the industry shifted toward an interested in blockchains more broadly, his startup moved with the direction of the market. "Most of the demand was more about the blockchain and trying to get insights from the blockchain, so we decided to focus on blockchain only," Federici told CoinDesk. Today, the three-person company offers APIs and front-end interfaces for clients. Skry indicated it is seeking to use its funding to expand its platform for use in financial services, supply chain management and the Internet of Things. The Hive