Gospel Technology develops private blockchain-based data management software that enables secure distribution and selective sharing of records across decentralized infrastructures. Its platform requires each participant to run a node and reach consensus before transactions are processed, providing a trust mechanism for shared data. The company aims to automate recordkeeping for complex products that currently need significant manual management and has built a proof of concept with a major UK aerospace and defence manufacturer to improve supply-chain record keeping. Gospel serves clients across retail, finance, automotive, aerospace and defence, government, healthcare, media, telcos and manufacturing. Founded in December 2016 by Ian Smith and based in London, Gospel plans to use new funding to further develop its software. The company intends to double its headcount from 25 over the next 18 months.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Jun 2018