Tampa blockchain integration platform, BlockSpaces, Raises $5.75M

Tampa blockchain startup, BlockSpaces, is “Blockchain integration, simplified.”

With two financing bulletins, an preliminary $1.25M seed spherical in March 2021 and a current $5.75M enterprise seed spherical, BlockSpaces’ complete funds raised quantities to over $7.25M. BlockSpaces skilled a 10x enhance in valuation launching itself and co-founder, Rosa Shores, amongst the highest ten feminine co-founded and led blockchain corporations within the US. Shores and BlockSpaces rank #1 in Florida.

Though blockchain might appear to be a brand new know-how and even idea for some, BlockSpaces has been a trailblazer within the know-how. The tech startup’s story begins in 2012, “Gabe [Higgins, co-founder] and I’ve been in blockchain know-how since 2012…It began as a fascination, when blockchain was solely Bitcoin…” Shores shares.

These co-founders paved the best way for blockchain, regionally and globally. In 2013, Shores and Higgins began establishing common conferences for the Tampa Bay neighborhood to debate blockchain improvement and cryptocurrency. The conferences first started as entrepreneurs and enterprise folks all for discussing blockchain and bitcoin, additional rising into constructing and scaling startups and discovering traders, Shores reminisced. 

The fervour for assimilation first sparked on the know-how’s conception, nonetheless, B2B integration started in 2014. Higgins and Shores walked block to dam store to buy in St. Petersburg’s downtown metropolis asking every enterprise personally if they want the power to just accept Bitcoin. 

“Blockchain is important to enterprises,” blockchain integration platform, BlockSpaces.

BlockSpaces gives a never-before-seen blockchain integration platform that eliminates steep limitations for companies within the blockchain/cryptocurrency ecosystem. This categorically new product permits the straightforward integration of enterprise purposes and blockchain networks whereas hiding the complexities related to managing blockchain in a enterprise setting. 

Whereas customers could also be intrigued with blockchain for its position in NFTs and cryptocurrency, enterprises expertise varied advantages with the combination of blockchain know-how. “Blockchain is important to enterprises,” advocates Shores, due to belief, safety and the elimination of third get together middle-men prices. The makes use of for blockchain are huge and varied, “blockchain additionally permits the patron to hint the origins of a product and to find out whether or not a model is ethically sourced, for instance. Or allow a farmer to attach instantly with residents who dwell in a meals desert,” Shores explains.

BlockSpaces nearly $6M enterprise seed spherical showcases traders’ curiosity into the financial potential blockchain know-how secures. Working to proliferate blockchain know-how by way of client ease, simplification and accessibility, BlockSpaces constructed infrastructure that’s enterprise prepared, confirmed to excel and profitable at leveraging knowledge for customers.

Blockchain know-how is revolutionizing the best way enterprise is completed. Need assistance studying tips on how to combine blockchain into your online business? Name Tampa startup BlockSpaces: “Blockchain integration: Simplified.”