FundedIQ
Information Technology

ChainGO Tech

ChainGO Tech began as an academic project inside of the entrepreneurship focused International-MBA at the world-renowned Instituto de Empresa in Madrid, Spain. Founders Jordan Sorensen and Andres Garrido met and incubated the idea with various classmates growing the idea from a seed until finally graduating while winning the IE Venture day entrepreneurship prize for Best IMBA Start-up. Participating in an event like Venture Day allowed the team to get in front of industry players and business angels who took an interest in the potential of the idea and the team behind it. Enter Magic. Officially licensing the company as ChainGO Tech S.L. in the Summer of 2017, the team has been a force through the Spanish logistics sector connecting with players all over the country for pilot projects to full scale collaborations. Participating both with the emerging blockchain community and presenting at well-known logistics events like SIL Barcelona and Logistop the team has been able to promote and evangelize both the technology and ChainGO’s unique vision to bring full interoperability to the fractured and often chaotic international trade industry. Ultimately, this energy and high level of engagement with clients and potential clients help the team launch their first full commercial product ChainGO Freight in 2019.

www.chaingotech.com Madrid, Spain 1-10 employees
Total raised
$1.0M
Rounds
1
Latest
Dec 2020

ChainGO Tech began as an academic project inside of the entrepreneurship focused International-MBA at the world-renowned Instituto de Empresa in Madrid, Spain. Founders Jordan Sorensen and Andres Garrido met and incubated the idea with various classmates growing the idea from a seed until finally graduating while winning the IE Venture day entrepreneurship prize for Best IMBA Start-up. Participating in an event like Venture Day allowed the team to get in front of industry players and business angels who took an interest in the potential of the idea and the team behind it. Enter Magic. Officially licensing the company as ChainGO Tech S.L. in the Summer of 2017, the team has been a force through the Spanish logistics sector connecting with players all over the country for pilot projects to full scale collaborations. Participating both with the emerging blockchain community and presenting at well-known logistics events like SIL Barcelona and Logistop the team has been able to promote and evangelize both the technology and ChainGO’s unique vision to bring full interoperability to the fractured and often chaotic international trade industry. Ultimately, this energy and high level of engagement with clients and potential clients help the team launch their first full commercial product ChainGO Freight in 2019.

ChainGO Tech has raised $1.0M across 1 round. Full funding history, investors, and team are detailed below.

Funding history

1 round · 1 visible Unlock with plan

1 round on record.

Date
Round
Amount
Lead investor
Dec 21, 2020
$1.0M

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