$2 million in new funding will accelerate MakerOS’ growth and platform innovation.
SVK Crypto today announced it is leading a $2 million Series A funding round for innovative, end-to-end business management SaaS company, MakerOS. With participation from EOS Global, MakerOS intends to use the funds to expand the company and integrate the EOSIO blockchain technology in their software platform.
MakerOS was co-founded by Mike Moceri and Joe Tavares in 2015. It is a cutting-edge, end-to-end enterprise management SaaS platform for product developers - used by providers of manufacturing services, designers, engineers, and light fabricators. It streamlines business processes and the production of digital and physical products, with the overall aim to increase profitability, efficiency, and security of the supply chain. MakerOS integrates over 50 common functions such as quoting, prototyping, workflow management, and billing to create a central hub for all communication, file sharing, and collaboration. MakerOS has aided in the development of thousands of products from the design, prototype, and production phases. The platform can also be used as a white-label solution for manufacturing hubs like mHUB Chicago.
The new capital will be used to accelerate the implementation of the EOSIO blockchain protocol as the central feature of MakerOS’s Overflow service. This will enable businesses to connect, share and collaborate on projects with verified reputation - ensuring quality and standards are met.
“EOSIO will provide a robust infrastructure for MakerOS to bring their product to the next level. For an end-to-end business management platform that requires tracking, incentivization, and verification, blockchain provides the optimal benefits.” Commented Michael Alexander, CEO of EOS VC.
Mike Moceri, Founder & CEO at MakerOS, said, “there is an increasing need for decentralised systems to enable the next wave of global manufacturing. By building blockchain into our Overflow platform, we can verify suppliers, incentivize collaboration, and expand the capabilities of everyone within the network.”
“This is an exciting time for the manufacturing industry, with blockchain taking centre stage in the digital revolution. Companies like MakerOS are in the vanguard of this revolution. We’re delighted to lead the company’s Series A funding round and are looking forward to introducing the team to the wider EOSIO community to help the company grow.” added Hugh Cochrane, Co-Founder of SVK Crypto.
About SVK Crypto
SVK Crypto is a venture capital firm based in the City of London focusing solely on blockchain technologies and invests in early-stage projects and blockchain-based companies globally. SVK Crypto manages a recent partnership with Block.one created a venture fund, Cryptogon EOS LP, dedicated to investing in projects that will utilize the EOS blockchain protocol. SVK Crypto joins a renowned global Block.one EOS VC venture syndicate deploying in excess of $1 billion USD into the EOS ecosystem. For more information visit: www.svkcrypto.com.
MakerOS is an all-in-one business management platform for teams that create digital and physical products. The cloud based platform consolidates the design, prototype, and production workflow with cointegrated modules including CRM, project management, payment processing, inventory management, 3D file analysis, automatic quotation tools, admin/customer portals, and more. Over the past decade, the MakerOS team has co-founded various light manufacturing and engineering services in Chicago, Detroit, and New York.
Headquartered in NYC, Makeros is currently hiring for positions in software development, marketing, sales, and customer support. For more, visit: makeros.com.
About EOS VC
Block.one’s EOS VC program offers developers and entrepreneurs the funding they need to create community-driven businesses leveraging EOSIO. It provides support through venture capital partnership funds that primarily aim to achieve sustained utilization of the EOSIO ecosystem by investing in a concentrated and diversified portfolio of blockchain-focused companies building on the EOSIO software.
The EOS VC initiative is dedicated to fostering a global network of individuals from a number of disciplines through our engagement events. As part of the mission and vision, EOS VC engages with the blockchain developer community on a regular basis.