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Web3 Graveyard
InsolventBlockchain data integrityBitcoin / Factom2013–2020

Factom Inc.

The company’s bankruptcy did not end its public protocol

An Austin software company developing blockchain tools for data provenance.

Capital raised (announced)

Funding

RoundDateAnnouncedInvestors
Reported cumulative venture fundingUnknownNot disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Paul Snow—CEO, IDD LabsOct 2026
Peter Kirby—CEO and founder, Simple.IDOct 2026
David Johnston—Managing director, Yeoman’s CapitalOct 2026
Brian Deery—Not establishedOct 2026
Jack Lu—Founder and CEO, WanchainOct 2026
Tiana Laurence—Not establishedOct 2026

How it ended

CoinDesk reported that Factom Inc. filed voluntarily for Chapter 11 because it could not meet its debts.

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Sources

9 sources behind this page.

  1. 1Blockchain company Factom Inc. files for Chapter 11 bankruptcy · CoinDesk via Yahoo Finance · Jun 2020
  2. 2CryptoSlate: professional biography · CryptoSlate · Nov 2019 · user-editable
  3. 3David Johnston / Wellfound: professional biography · David Johnston / Wellfound
  4. 4Factom Inc. founding team · Dealroom · user-editable
  5. 5RocketReach: professional biography · RocketReach
  6. 6RocketReach: professional biography · RocketReach
  7. 7The Org: professional biography · The Org · user-editable
  8. 8The Org: professional biography · The Org · user-editable
  9. 9Weekday: professional biography · Weekday

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.