# Factom funding: rounds and investors

> Factom has raised $14M across 6 rounds since 2015. Investors include Plug and Play, Draper Associates and Tim Draper. Every round with its source.

Source: https://millionrounds.com/company/factom (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Factom*

6 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Cybersecurity Fintech Web3 & Crypto

Funding summary Updated 26 Oct 2026

**$14M** raised across 6 rounds since 2015, from 6 sources

**$140K** Seed **$1.0M** Seed **$400K** Seed **$4.2M** Series A **$8.0M** Series A

- **Latest round:** Venture Mar 2019
- **Biggest round:** $8.0M Series A · Apr 2017
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2015 2016 2017 2018 2019

**$140K** Seed

**$1.0M** Seed

**$400K** Seed

**$4.2M** Series A

**$8.0M** Series A

**?** Venture

- **First round:** Seed, $140K
- **Biggest round:** $8.0M
- **Usual gap between rounds:** 6 months

## The rounds

- **Mar 2019** Venture **Amount undisclosed** *3 returning* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Tim Draper](https://millionrounds.com/fund/tim-draper) Source recorded
- **Apr 2017** Series A **$8.0M** *7 new* [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Fenbushi Capital](https://millionrounds.com/fund/fenbushi-capital) [Overstock](https://millionrounds.com/fund/overstock) [Peeli Ventures](https://millionrounds.com/fund/peeli-ventures) Harvest Stewart Title Reported by FinSMEs SEC filing: $8.0M sold, first sale Aug 2016
- **Oct 2016** Series A **$4.2M** *1 new* [Tim Draper](https://millionrounds.com/fund/tim-draper) Reported by FinSMEs SEC filing: $4.2M sold, first sale Aug 2016
- **Oct 2015** Seed **$400K** *1 new* [Kuala Innovations](https://millionrounds.com/fund/kuala-innovations) From a historical funding record SEC filing: $1.5M sold, first sale Dec 2015
- **Jul 2015** Seed **$1.0M** No investor was named in the report. From a historical funding record
- **Apr 2015** Seed **$140K** No investor was named in the report. From a historical funding record

## Founders and team

From the SEC filings it signed: 3 on the team.

- **David Johnston** Director, Promoter i
- **Paul Snow** Executive Officer, Director i
- **Zachary Lynde** Executive Officer i

On the board, as filed i *Brian Deery* *Steve Hopkins* *Zhiyong Qin*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2015 **Seed** 2015 **Seed** 2015 **Series A** 2016 **Series A** 2017 **Venture** 2019 [Plug and Play](https://millionrounds.com/fund/plug-and-play) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Tim Draper](https://millionrounds.com/fund/tim-draper) [Fenbushi Capital](https://millionrounds.com/fund/fenbushi-capital) [Kuala Innovations](https://millionrounds.com/fund/kuala-innovations) [Overstock](https://millionrounds.com/fund/overstock) [Peeli Ventures](https://millionrounds.com/fund/peeli-ventures) Harvest Stewart Title

## Everyone who backed them

[Plug and Play](https://millionrounds.com/fund/plug-and-play) Accelerator **2** rounds

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds

[Tim Draper](https://millionrounds.com/fund/tim-draper) VC firm **2** rounds

[Fenbushi Capital](https://millionrounds.com/fund/fenbushi-capital) VC firm **1** round

[Kuala Innovations](https://millionrounds.com/fund/kuala-innovations) VC firm **1** round

[Overstock](https://millionrounds.com/fund/overstock) Corporate VC **1** round

[Peeli Ventures](https://millionrounds.com/fund/peeli-ventures) VC firm **1** round

Harvest no record of our own yet **1** round

Stewart Title no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=factom).

## Also claim to have backed them

These 2 firms list Factom as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[China Canada Angels Alliance](https://millionrounds.com/fund/china-canada-angels-alliance) Angel network Per its own site

[Hyperchain Capital](https://millionrounds.com/fund/hyperchain-capital) VC firm Per its own site

## Quick answers about Factom

### Who invested in Factom?

Factom's investors include Plug and Play, Draper Associates, Tim Draper, Fenbushi Capital and Kuala Innovations, and 4 more on record.

### How much has Factom raised?

Factom has raised $14M across 6 rounds since 2015. One round did not disclose an amount, so the total is a floor.

### When did Factom last raise?

Factom's most recent round was a Venture in Mar 2019.

### What was Factom's biggest round?

Factom's largest round on record is $8.0M (Series A), in Apr 2017.

### Who backed Factom first?

Factom's first round on record, in Oct 2015, was backed by Kuala Innovations.

### What stage is Factom at?

Factom's latest named round is a Venture, in Mar 2019.

### Where is Factom based?

Factom is based in the United States.

## Companies like Factom

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**FORT Robotics** $39M · Oct 2026](https://millionrounds.com/company/fort-robotics)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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