A Czech first in the prestigious Silicon Valley accelerator SkyDeck, the Brno startup Tatum hits the big time with a blockchain app creator tool
16 February 2021, Brno — a major Czech success in the Mecca of startups was announced by the Brno tech outfit Tatum, which specializes in simplifying blockchain app development. The company was recently accepted into the coveted SkyDeck accelerator in Silicon Valley, and received investment from its fund, which includes highly reputable shareholders such as Sequoia Capital and Mayfield Fund.
Thousands of startups from across the globe apply to SkyDeck each year, but only the top 16 are selected by the accelerator.
“Tatum is the first ever Czech startup to join this very selective accelerator. We didn’t expect it at all,” explains Jiří Kobelka, CEO and co-founder of Tatum.
The worldwide success of the Tatum startup was born from a tool that offers developers the ability to quickly and easily develop blockchain apps. Its goal is to simplify the development of these apps for companies without previous expertise in the field. Currently, the system supports 25 blockchains that developers can easily integrate into their applications. The startup, which received investments from Tensor Ventures and Grouport, primarily focuses on B2B clients. Tatum’s turnover grew by an average of 25 per cent each month in 2020. In comparison, the typical monthly growth in turnover of fast-growing startups in Silicon Valley is usually 10–20 per cent.
“Our goal is to make blockchain technology accessible to developers, even those without much previous experience in it. The tool is so easy to use that most apps can be created in a few hours, or several days at the most,” says Samuel Šramko, CTO and co-founder of Tatum.
Thousands of clients in the first month
Tatum opened its platform to developers in December, with over 3,500 registering in just the first month. The open source startup is always on the lookout for unique talents to join their team.
“Thanks to our clients we encounter new, cutting-edge technologies every week. It could be anything from a data synchronization system for a swarm of military drones, zero-knowledge protocols, or blockchain microtransactions. This is why we primarily focus on high potential candidates,” Šramko adds.
Last year Tatum grew from 10 to 23 people, about half of whom are in development. In December 2020, a new advisory board was appointed for the Brno-based startup. Its members include Samir Ghosh, Vish Pai, Chris Mossing, and Patrick Pahl, all experienced Silicon Valley matadors, who are helping the company move closer to its goal of becoming the go-to tool for blockchain app development.
“We believe that blockchain represents a paradigm shift in the field of technologies. The step towards decentralization is a great challenge for the non-blockchain, centralized world. Tatum represents a bridge between these two worlds and is a unique startup with a global vision since day one,” said Michal Ciffra, partner at Grouport.
More about Tatum
Tatum serves clients in the Czech Republic, Great Britain, and the USA. It also focuses on projects in the field of tokenization of the US real estate market, supply chain tracking, food origin projects and their history, digital wallets, and government digital currency.
Development-related blockchain problems are resolved by preset functions, which are under constant development by members of Tatum’s growing community. As a result, the fast and safe implementation of crypto-currencies into a payment system can be accomplished in just a few days, instead of months of development with uncertain results. Tatum is one of the pioneers contributing to the global adaptation of blockchain technologies. They have bridged the gap between ideas and their application.
