Alchemy Valuation, Funding & Investors
Alchemy is valued at $10B as of February 2022.
Last Alchemy valuation
$10B
Series C · Feb 2022
Last Alchemy funding round
Undisclosed stage
Amount undisclosed · Nov 2025
Cumulative funding Alchemy raised
$564M
across 6 funding rounds
Key investors in Alchemy
Coatue
Addition
Andreessen Horowitz
Lightspeed Venture Partners
Pantera Capital
DFJ Growth
About Alchemy
Alchemy is a blockchain developer platform powering over 70 percent of top web3 applications with APIs for Ethereum, Polygon, Arbitrum, and Optimism. Services include node infrastructure, enhanced APIs, and analytics dashboards used by OpenSea, Uniswap, and Dapper Labs. San Francisco-headquartered since 2020, the company processes 10 billion compute units monthly across 1 million daily active app chains.
Founded
2017
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Subscription
Valuation
$10B (Feb 2022)
Alchemy Valuation
Alchemy is currently valued at $10B, based on its Series C in February 2022.
The $200M round was led by Lightspeed Venture Partners and Silver Lake, with participation from Pantera Capital, Addition, Andreessen Horowitz, DFJ Growth, Beacon Venture Capital and 1 other investor.
Alchemy's valuation has grown 20x from $500M at its Series B in April 2021 to $10B in February 2022, across 3 priced rounds.
Alchemy valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Feb 2022 | Series C | $10B |
| Oct 2021 | Series C | $3.5B |
| Apr 2021 | Series B | $500M |
Alchemy Funding History
Alchemy has raised a total of $564M across 6 funding rounds.
Alchemy's first fundraising round was a $19M undisclosed-stage round in April 2019. The most recent completed round was a undisclosed-stage round in November 2025.
Alchemy funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Nov 2025 | Undisclosed stage | C1Fund (lead) | - | - | Alchemy is a blockchain infrastructure provider founded in 2017, often called the AWS of crypto, offering mission-critical tools for building and scaling Web3 applications across multiple blockchains. It powers over 70% of top crypto apps like Robinhood, Stripe, JPMorgan, and Coinbase, underpinning more than $100 billion in annual transactions. C1 Fund announced its investment in Alchemy on November 25, 2025, adding it to a portfolio of digital asset infrastructure leaders including Kraken, Ripple, Chainalysis, and Figment. This undisclosed round reflects C1 Fund's strategy of deploying capital into late-stage private companies with regulatory maturity and scalability. C1 Fund reported deploying approximately $30 million across such infrastructure investments by Q4 2025, emphasizing equity in operating layers like developer tooling over market volatility. Alchemy's prior Extended Series C in February 2022 raised $200 million at a $10.2 billion valuation, with earlier Series C in October 2021 at $3.5 billion. |
| Feb 2022 | Series C | Lightspeed Venture Partners (lead); Silver Lake (lead); Pantera Capital; Addition; Andreessen Horowitz; DFJ Growth; Beacon Venture Capital; Coatue | $200M | $10B | Alchemy is a blockchain and Web3 platform developer providing infrastructure that powers applications for major companies like PwC, Adobe, Dapper Labs, Aave, OpenSea, and Axie Infinity. The company launched publicly about a year prior to early 2022 and had grown its transaction volume to over $45 billion internationally. The platform supports Web3 development amid rising crypto and blockchain adoption. In its Series D funding round, Alchemy raised $200 million on January 28, 2022, achieving a post-money valuation of $10.2 billion, as reported by market intelligence sources. Total funding across rounds reached approximately $414 million by early 2022. Competitive context positions Alchemy as a key player in blockchain infrastructure, comparable to entities in fintech and Web3 spaces. |
| Oct 2021 | Series C | Andreessen Horowitz (lead); Redpoint; Ethos Family Office; Pantera Capital; Addition; DFJ Growth; Lightspeed Venture Partners; Coatue | $250M | $3.5B | Alchemy is a blockchain and Web3 development SaaS platform often described as the 'AWS for blockchain,' providing backend infrastructure for NFT marketplaces and other blockchain applications. Founded in 2017 by Nikil Viswanathan and Joe Lau, the company raised $250 million in a Series C funding round on October 28, 2021, led by Andreessen Horowitz (a16z), with participation from new investors Lightspeed Venture Partners and Redpoint, as well as existing backers Coatue, Addition (Lee Fixel), DFJ Growth, and Pantera Capital. This round valued Alchemy at a post-money valuation of $3.5 billion, marking a 7x increase from its prior $505 million valuation in an $80 million Series B six months earlier, bringing total funding to about $345 million. The round highlighted Alchemy's explosive growth, with CEO Nikil Viswanathan stating the company had become 'very profitable' in recent months due to surging demand, achieving 15x revenue growth since its April raise without touching the prior $80 million. Alchemy had not disclosed specific revenue or ARR figures at the time, though later announcements referenced on-chain transaction value metrics. The investment underscored a16z's major commitment to Web3, following their $2.2 billion crypto fund. Alchemy's traction positioned it as a key enabler in the Web3 ecosystem, powering developer tools amid the 2021 blockchain boom. Subsequent raises included a $200 million extension in early 2022 at $10.2 billion valuation led by Lightspeed and Silver Lake, with participation from prior investors including a16z, Coatue, Addition, Pantera, and DFJ, reflecting over 3x growth in teams building on the platform and annualized on-chain transaction value rising from $45 billion to $105 billion. |
| Apr 2021 | Series B | Addition (lead); Coatue (lead) | $80M | $500M | Alchemy is the leading blockchain developer platform providing infrastructure and tools that power blockchain applications, including transactions for financial institutions, exchanges, DeFi companies, and NFT platforms like OpenSea and CryptoPunks. On April 28, 2021, it raised an $80 million Series B round led by Coatue and Addition, with participation from DFJ Growth, Stanford University, Coinbase, Pantera Capital, and others including executives from Charles Schwab, LinkedIn, and PayPal. The round valued Alchemy at a $500 million post-money valuation, just eight months after public launch, highlighting its rapid ascent in the blockchain infrastructure space. At the time of the Series B, Alchemy powered over $30 billion in transactions for tens of millions of users across 99% of countries, supporting every major blockchain vertical and becoming the backend for the majority of the NFT industry. The company had grown its team modestly from 14 to 22 employees while maintaining lean operations. Sources indicate explosive growth, with business expanding more than eightfold since signing the Series B term sheet and over $300 million in investor demand for the round. Proceeds from the $80 million were earmarked for expanding the developer platform to new blockchains, global expansion, and opening new offices in the US and internationally. Alchemy positioned itself as the 'AWS for blockchain,' enabling developers to build scalable dApps without managing infrastructure. |
| Dec 2019 | Series A | Duncan L. Niederauer; James Hong; Balaji Srinivasan; Jay Brown; Cameron Ring; Chi-Hua Chien; Coinbase Ventures; Chris Kelly; Doug Atkin; JAY-Z Shawn Carter; Dreamers VC; Charles Schwab | $15M | - | - |
| Apr 2019 | Undisclosed stage | Communitas Capital Partners | $19M | - | Alchemy is a San Francisco-based blockchain developer platform founded in 2017 by Nikil Viswanathan and Joe Lau, providing infrastructure and tools for building decentralized applications, powering transactions for NFT marketplaces, exchanges, and other blockchain projects. It emerged from stealth in late 2019 with a Series A round led by Pantera Capital, raising approximately $15M to $19.43M from investors including Coinbase Ventures, Communitas Capital Partners, Samsung Venture Investment, SignalFire, Stanford/StartX, Mayfield Fund, Kenetic Capital, and Dreamers VC, achieving total funding of $74.93M post-round. Subsequent rounds built on this foundation: Series B in April 2021 raised $80M at a $500M valuation from Coatue, Addition, DFJ Growth, and others including Communitas Capital Partners, supporting global expansion and developer tools amid rapid growth powering over $30B in transactions. Series C in October 2021 valued Alchemy at $3.5B with $250M raised, led by Andreessen Horowitz alongside Lightspeed, Redpoint, Coatue, and Pantera. Later funding included a $200M round in February 2022 at $10.2B valuation led by Lightspeed and Silver Lake, with total funding exceeding $563M to $738M across five rounds, investors like Silver Lake, Coatue, and Addition. Alchemy serves clients like OpenSea, Adobe, and UNICEF across 197+ countries, focusing on scalable blockchain infrastructure without node management. |
Who has invested in Alchemy?
24 investors have backed Alchemy across its funding rounds, including Coatue, Addition, Andreessen Horowitz, Lightspeed Venture Partners, Pantera Capital and DFJ Growth.
Lead investors include C1Fund, Lightspeed Venture Partners, Silver Lake, Andreessen Horowitz, Addition and 1 other investor.
Alchemy Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| United States | 3 | Lead | Apr 2021 | |
| New York City, NY | 3 | Lead | Apr 2021 | |
| San Francisco, CA | 2 | Participant | Oct 2021 | |
| San Francisco, CA | 2 | Lead | Oct 2021 | |
| San Francisco, CA | 2 | Participant | Oct 2021 | |
| San Francisco, CA | 2 | Lead | Oct 2021 | |
| San Francisco, CA | 1 | Lead | Feb 2022 | |
| San Francisco, CA | 1 | Participant | Oct 2021 | |
| Philadelphia, PA | 1 | Participant | Oct 2021 | |
![](data:image/svg+xml,<svg xmlns="http://www.w3.org/2000/svg" width="20" height="20" viewBox="0 0 20 20"><rect fill="%23e5e7eb" width="20" height="20" rx="4"/></svg>){kind=small} Duncan L. Niederauer | New York City, NY | 1 | Participant | Dec 2019 |
| James Hong | San Francisco, CA | 1 | Participant | Dec 2019 |
 Singapore | 1 | Participant | Dec 2019 | |
| United States | 1 | Lead | Nov 2025 | |
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Start Free TrialAcquisitions by Alchemy
Alchemy has acquired 5 companies to date.
Last acquisition by Alchemy was on May 16th 2025. Alchemy acquired DexterLab for undisclosed valuation.
Latest Acquisitions by Alchemy
| HeyMint | |||||
| Description | DexterLab is a Singapore-headquartered platform providing managed services for Solana blockchain monitoring and analytics. The tool tracks transactions, wallet activities, and smart contract executions via real-time dashboards and APIs. DexterLab supports developers with RPC nodes, MEV protection, and staking infrastructure for DeFi protocols. Launched in 2022, it processes millions of Solana events daily, serving projects like Jupiter Aggregator and Drift Protocol. | - | Bware Labs is a Barcelona-headquartered provider of managed blockchain infrastructure and Web3 development tools, offering node-as-a-service for Ethereum, Polygon, and other networks. The platform supports over 50 blockchains with RPC endpoints boasting 99.99% uptime and processes millions of daily requests for DeFi protocols and NFT marketplaces. Bware Labs partners with chains like zkSync and Optimism to deliver scalable indexing and analytics services. | Satsuma is a blockchain indexing platform enabling developers to build custom Web3 APIs for decentralized applications. It handles automatic smart contract decoding, real-time data transformations, and multichain support across networks such as Ethereum, Polygon, and Solana. San Francisco-headquartered, Satsuma processes billions of blockchain events monthly, powering frontends and backends for projects like decentralized exchanges and NFT marketplaces. The platform integrates with tools like The Graph for enhanced querying capabilities. | |
| HQ Country | | |  | | |
| HQ City | Singapore | - | Bucharest | San Francisco, CA | |
| Deal Date | 16 May 2025 | 30 Apr 2025 | 29 Aug 2024 | 26 Sep 2023 | |
| Valuation | undisclosed | undisclosed | undisclosed | undisclosed | |
| EV/Revenue | |||||
| EV/EBITDA | |||||
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Investments by Alchemy
Alchemy has invested in 3 companies to date.
Latest investment by Alchemy was on September 3rd 2026. Alchemy invested in Polaris in their $1M Angel round.
Latest Investments by Alchemy
| Description | Polaris is a decentralized finance platform that uses a collateralized debt position model to create yield-bearing stable assets backed by ETH on Ethereum. | Utexo develops payment infrastructure for stablecoin transactions settling on the Bitcoin network. Utexo supplies an API and tools enabling payment operators, exchanges, wallets, and financial platforms to handle USDT transfers via Bitcoin rails with Lightning Network and RGB protocol support. The company provides cloud infrastructure managing routing, liquidity, and node operations. | Interstate is an Ethereum pre-confirmation protocol that delivers near-instant transactions and lets applications self-order transactions while keeping full composability with Layer 1. |
| HQ Country | - |  | |
| HQ City | - | Dubai | San Francisco, CA |
| Deal Date | 3 Sep 2026 | 6 Mar 2026 | 4 Mar 2026 |
| Round | Angel | Seed | Seed |
| Raised | $1M | $8M | $2M |
| Investors | Ethereum Foundation; Anthony Sassano; IPOR Labs; Liquity; LI.FI | Auros; Western Asset Investment; Tether; Sats Ventures; Gate Ventures; Fulgur Ventures; Portal Ventures; Paul Taylor; Axia8 Ventures; Arcanum Capital; Maven 11 Capital; Big Brain Holdings; KuCoin | MH Ventures; GD1; Grug Capital; Waikit Lau; Flavian Manea; Legends Group; Marshland Group; Bloccelerate VC; Kyle Rojas; Sergey Gorbunov; Dheeraj Borra |
| Valuation | undisclosed | undisclosed | undisclosed |
| EV/Revenue | |||
| EV/EBITDA | |||
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Alchemy Competitors
Alchemy competitors include listed companies like JFrog and GitLab, and private ones like Blockdaemon, Fireblocks, Celestia and Supabase.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Los Angeles, CA | Private | $75M | - | $3.3B | 43.3x | |
| New York City, NY | Private | $100M | - | $8B | - | |
 Vaduz | Private | - | - | $3.5B | - | |
| San Francisco, CA | Private | $70M | - | $11B | - | |
| United States | Publicly listed | $532M | ($67M) | $12B | 17.4x | |
| United States | Publicly listed | $955M | ($82M) | $8.4B | 6.7x |
Alchemy Public Comps
Alchemy is still privately-owned, but its public comps include JFrog, GitLab, BitMine, Bullish, DigitalOcean, Galaxy Digital, Hyperliquid Strategies, Justsystems, Sharplink and C3.ai.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $532M | ($67M) | 20.3x | 17.4x | (159.9x) | 88.4x | |||
| $955M | ($82M) | 7.5x | 6.7x | (87.0x) | 44.3x | |||
| $6M | ($364M) | 2308.9x | 97.4x | (38.6x) | - | |||
| $245B | ($727M) | 0.0x | 13.5x | (6.3x) | 38.2x | |||
| $901M | $343M | 18.2x | 14.9x | 47.9x | 37.7x | |||
| $60B | ($177M) | 0.1x | 0.2x | (43.3x) | (182.6x) | |||
| $9M | - | 308.0x | 162.2x | - | - | |||
| $331M | $156M | 3.1x | 3.2x | 6.7x | - | |||
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Common questions about Alchemy
| When was Alchemy founded? | Alchemy was founded in 2017. |
| Where is Alchemy headquartered? | Alchemy is headquartered in San Francisco, CA, United States. |
| Is Alchemy publicly listed? | No, Alchemy is a private, VC-backed company. |
| What is Alchemy's valuation? | Alchemy was last valued at $10B in its Series C in February 2022. |
| How much funding has Alchemy raised? | Alchemy has raised $564M across 6 funding rounds. |
| What was Alchemy's last funding round? | Alchemy's last funding round was a undisclosed-stage round in November 2025, led by C1Fund. |
| Who are Alchemy's investors? | Alchemy's investors include Addition, Coatue, Pantera Capital, Andreessen Horowitz, DFJ Growth, Lightspeed Venture Partners, Silver Lake, Redpoint, Ethos Family Office, Duncan L. Niederauer and 14 others. |
| Which companies are comparable to Alchemy? | Companies comparable to Alchemy include Blockdaemon, Fireblocks, Celestia, Supabase, JFrog and GitLab. |
| How many companies has Alchemy acquired? | Alchemy has acquired 5 companies, including DexterLab, HeyMint, Bware Labs, Satsuma and ChainShot. |
| How many companies has Alchemy invested in? | Alchemy has invested in 3 companies, including Polaris, Utexo and Interstate. |
| What was Alchemy's last investment? | In September 2026, Alchemy invested in Polaris' $1M angel round alongside Ethereum Foundation, Anthony Sassano, IPOR Labs and 2 other investors. |
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