Cleveland startup Axuall Inc. closes $3 million round of seed financing

Axuall Inc., a Cleveland startup that’s developing a blockchain-based digital network for verifying identity, credentials and authenticity in real time, announced on Wednesday, Sept. 25, that it has closed a $3 million seed financing round.

The lead investor in the round was nonprofit business accelerator and investor JumpStart Inc. of Cleveland. Also participating were Zapis Capital Group, M25, North Coast Angel Fund, Kettledrum Ventures and Drummond Road Capital.

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Story excerpt provided by Crain’s Cleveland Business.

Written by Scott Suttell.

Originally published September 25, 2019.

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