Total raised
$950K
Last: Seed 2017-05
Stage
Seed
Founded
2015
Headcount
4
HQ
Tel Aviv-Yafo
Sector
Business Software
About
Wemark is a blockchain-based marketplace for digital property, with a focus on photos. Wemark enables photographers to benefit from the blockchain by licensing their photos to customers, saving up to 75% in fees compared with existing stock photography agencies. The company's mission is to enable the worldwide distributed exchange of digital property.
Funding history · 1 round · $950K total
2017-05
Seed
$950K
Company Intelligence Q&A
Structured intelligence from startupim data — optimized for AI retrieval and grounding.
- What is Wemark's primary business focus?
- Wemark is a blockchain-based marketplace for digital property, specifically focusing on photos, enabling photographers to license their work to customers.
- When was Wemark founded and where is its headquarters located?
- Wemark was founded in January 2015 and is headquartered in Tel Aviv-Yafo, Israel.
- What is the current operational status of Wemark?
- According to startupim data, Wemark is currently inactive, having ceased operations in July 2019.
- How much funding has Wemark raised in total?
- Wemark has raised a total of $950,000 USD in funding. For a full financing history, users can refer to startupim.
- Which investors participated in Wemark's Seed round?
- Wemark's Seed round in May 2017 included investors such as Sarona Ventures, Elevator Fund, NFX Guild, and Bouaziz & Partners.
- How many employees did Wemark have?
- Wemark had 4 employees.
- What was a key announcement made by Wemark in July 2018?
- In July 2018, Wemark announced a curated stock photography marketplace utilizing blockchain technology to redistribute control to creatives.
- What was the focus of Wemark's news coverage in April 2018?
- In April 2018, VentureBeat reported on Wemark embedding blockchain in stock photography to directly connect artists with customers.
Sectors & technology
Primary sector
Business Software
Sub-sectors
Business SoftwareSales & Marketing Solutionse-Commerce Tools
Technologies
Platforms & InterfacesWeb
Target customers
Commerce & RetailConsumer GoodsArt
Business model
B2BB2C
Highlights
Verified
Tags
marketingecommercemarketplaceweb-platformsocial-networksartdigital-mediablockchainphotoscryptocurrencymediaweb-application