SVK Crypto is leading a USD2 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, incentivisation, and verification, blockchain provides the optimal benefits.” Commented Michael Alexander, CEO of EOS VC.
Mike Moceri, Founder & CEO at MakerOS, says: “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, incentivise 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,” adds Hugh Cochrane, Co-Founder of SVK Crypto.
