Portion operates an Ethereum blockchain-based global auction house that enables creators, collectors and bidders to exchange luxury goods and rare collectibles for cryptocurrency. The platform provides transparency into ownership and final prices paid for all goods, allows payment in cryptocurrency, and supports a trusted bidding process. Portion uses a three-step process to ensure accurate representation and authenticity of goods. The company has launched its platform and offers certifiably authentic means of exchanging items. Founded in 2016 and based in NYC, Portion is led by founder and CEO Jason Rosenstein, with co-founder Peter Engleman and blockchain developer Michael Colson on the team. Portion announced a $5.5 million seed funding round.

Total raised

$6M

Funding rounds

1

Latest round

Seed

Latest activity

Aug 2018