QuickNode Valuation, Funding & Investors

QuickNode is valued at $800M as of January 2023.

Last QuickNode valuation

$800M

Series B · Jan 2023

Last QuickNode funding round

$60M

Series B · Jan 2023

Cumulative funding QuickNode raised

$102M

across 6 funding rounds

Key investors in QuickNode

  • Seven Seven Six
  • Tiger Global
  • Arrington XRP Capital
  • Crossbeam Venture Partners
  • Anthony Pompliano
  • Y Combinator

QuickNode Overview

About QuickNode

QuickNode is a Miami-headquartered blockchain infrastructure provider supporting over 60 blockchains including Ethereum, Solana, Polygon, and Bitcoin across 100 networks. It delivers RPC, REST, and WebSocket APIs with full-node and archive-node options, serving 100,000 developers and enterprises like OpenSea and Pudgy Penguins. Features encompass Streams for real-time data, serverless Functions for on-chain event processing, Webhooks for smart contract alerts, and a Marketplace of 50+ add-ons. QuickNode processes 50 billion API requests monthly with 99.99 percent uptime.


Founded

2017

HQ

United StatesMiami, FL

Status

Privately held

Customer focus

B2B

Revenue model

Subscription

Valuation

$800M (Jan 2023)

QuickNode Valuation

QuickNode is currently valued at $800M, based on its Series B in January 2023.

The $60M round was led by 50T Funds, with participation from Seven Seven Six, QED Investors, Protocol Labs, Tiger Global and Antenna Ventures.

QuickNode's valuation has grown 3.2x from $250M at its Series A in October 2021 to $800M in January 2023, across 2 priced rounds.

QuickNode valuation by funding round

QuickNode valuation by funding round
DateStageValuation
Jan 2023Series B$800M
Oct 2021Series A$250M

QuickNode Funding History

QuickNode has raised a total of $102M across 6 funding rounds.

QuickNode's first fundraising round was a $300K angel round in September 2018. The most recent completed round was a $60M Series B in January 2023.

QuickNode funding rounds

QuickNode funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Jan 2023Series B50T Funds (lead); Seven Seven Six; QED Investors; Protocol Labs; Tiger Global; Antenna Ventures$60M$800MQuickNode is a Miami-based Web3 infrastructure platform providing end-to-end development tools, APIs, and software solutions to accelerate blockchain adoption across 16 protocols including Ethereum, Solana, Polygon, Bitcoin, and Binance Smart Chain. Co-founded in 2017 by Alex Nabutovsky, Dmitry Shklovsky, Auston Bunsen, and Manuel Kreutz, and launched in early 2020 as a Y Combinator alum, it serves over 50,000 developers and enterprise clients like Twitter, Adobe, Coinbase, OpenSea, and Chainlink, handling billions of blockchain calls daily at twice the speed of competitors. On January 24, 2023, QuickNode closed a $60 million Series B funding round led by 50T Funds (also referred to as 10T Holdings), with participation from Tiger Global, Seven Seven Six, Protocol Labs, QED Investors, SoftBank’s SB Opportunity Fund, and others, bringing total funding to over $105 million. The post-money valuation reached $800 million, positioning it $200 million shy of unicorn status. This followed a $35 million Series A in October 2021 led by Tiger Global. The new capital supports global expansion, team growth from 20 to over 120 employees (with plans to continue hiring), product development like QuickAlerts for on-chain event notifications and a Marketplace for third-party apps, and community events to drive mass blockchain adoption. Despite the 2022 crypto market downturn, QuickNode achieved 400% user base growth and 300% team expansion post-Series A. QuickNode positions itself as the 'AWS or Azure of blockchain,' offering enterprise-grade infrastructure with abstraction layers for Web2 and Web3 companies. It plans to add four to five more chains by year-end, focusing on protocol relationships and ecosystem extensions.
May 2022Series AThe Garage Syndicate$1M--
Oct 2021Series ATiger Global (lead); Anthony Pompliano; Seven Seven Six; Arrington XRP Capital; Angel Collective Opportunity Fund; Crossbeam Venture Partners; Soma Capital; Oldslip$35M$250MQuickNode is a Miami-based Web3 infrastructure provider offering an end-to-end development platform with high-performance APIs for building scalable decentralized applications across multiple blockchains and networks. Founded in 2017 by Alex Nabutovsky, Dmitry Shklovsky, Auston Bunsen, and Manuel Kreutz, the Y Combinator Winter 2021 alum launched its platform in early 2020, enabling developers to access node infrastructure for chains like Ethereum with low latency and high uptime. The company handles billions of blockchain calls daily, twice as fast as competitors across 16 chains and 33 networks, serving customers including OpenSea, Rarible, DappRadar, Dune Analytics, and Nansen. On approximately October 27, 2021, QuickNode raised a $35 million Series A round led by Tiger Global, with participation from investors matching the query including Angel Collective Opportunity Fund, Anthony Pompliano, Arrington XRP Capital, Crossbeam Venture Partners, Oldslip, Seven Seven Six, and Soma Capital. This round valued the company at $250 million post-money. It followed earlier seed funding and positioned QuickNode for rapid growth in the blockchain developer tools space. Post-Series A, QuickNode demonstrated strong traction, growing its user base significantly and processing over 200 billion API requests per month by early 2023. The company raised a subsequent $60 million Series B in January 2023 led by 10T Holdings (with Tiger Global, Seven Seven Six, and others participating), boosting valuation to $800 million and bringing total funding to over $100 million. Funds supported global expansion, team growth, product launches like QuickAlerts and Marketplace, and infrastructure scaling amid bear markets, where developer activity surged over 400% since the Series A.
May 2021SeedSeven Seven Six (lead); Anthony Pompliano; Y Combinator; Arrington XRP Capital; Open Opportunity Fund; Crossbeam Venture Partners; Tribe Capital$5M-QuickNode raised $5.3 million in a seed funding round on May 27-28, 2021, led by Seven Seven Six with participation from Anthony Pompliano, Arrington XRP Capital, Crossbeam Venture Partners, Open Opportunity Fund, and others. The Miami-based company provides a Web3 cloud platform enabling developers to build blockchain applications more easily, supporting networks including Ethereum, Bitcoin, xDai, Polygon, Binance Smart Chain, and Optimistic Ethereum. Funds were allocated to expand product offerings, add tools amid rising cryptocurrency adoption, hire engineering and tech talent, and enhance high-performance, reliable services.
Apr 2019Angel-$300K--
Sep 2018Angel-$300K--

Who has invested in QuickNode?

16 investors have backed QuickNode across its funding rounds, including Seven Seven Six, Tiger Global, Arrington XRP Capital, Crossbeam Venture Partners, Anthony Pompliano and Y Combinator.

Lead investors include 50T Funds, Tiger Global and Seven Seven Six.


QuickNode Investors

Investors in QuickNode by funding rounds participated
InvestorHQRoundsRoleFirst check
Seven Seven SixUnited StatesWest Palm Beach, FL3LeadMay 2021
Anthony PomplianoUnited StatesSan Francisco, CA2ParticipantMay 2021
Arrington XRP CapitalUnited StatesSeattle, WA2ParticipantMay 2021
Crossbeam Venture PartnersUnited StatesNew York City, NY2ParticipantMay 2021
Tiger GlobalUnited StatesNew York City, NY2LeadOct 2021
Y CombinatorUnited StatesSan Francisco, CA1ParticipantMay 2021
Open Opportunity FundUnited StatesAtlanta, GA1ParticipantMay 2021
QED InvestorsUnited StatesAlexandria, VA1ParticipantJan 2023
Angel Collective Opportunity FundUnited StatesSan Francisco, CA1ParticipantOct 2021
Soma CapitalUnited StatesSan Francisco, CA1ParticipantOct 2021
Tribe CapitalUnited StatesSan Francisco, CA1ParticipantMay 2021
The Garage SyndicateUnited StatesWilmington, DE1ParticipantMay 2022
OldslipUnited StatesNew York City, NY1ParticipantOct 2021

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Acquisitions by QuickNode

QuickNode has acquired 1 company to date.

Last acquisition by QuickNode was on May 12th 2022. QuickNode acquired Icy Tools for undisclosed valuation.


Latest Acquisitions by QuickNode

Icy Tools
Description
Icy Tools is an NFT analytics platform that indexes blockchain data to deliver market insights and developer tools. As a pioneer in NFT intelligence, it processes on-chain transactions and metadata to offer accessible analytics, supporting web3 adoption through enhanced data usability for traders and builders.
HQ CountryUnited States
HQ City
Denver, CO
Deal Date12 May 2022
Valuationundisclosed
EV/Revenue
EV/EBITDA

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QuickNode Competitors

QuickNode competitors include listed companies like Ncino and BitGo Holdings, and private ones like TIFIN, Upstage, CyCognito and Elixir.

Public and private companies comparable to QuickNode
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
TIFINUnited StatesBoulder, COPrivate--$842M-
UpstageSouth KoreaYonginPrivate$14M-$661M-
NcinoUnited StatesUnited StatesPublicly listed$595M$65M$2.3B4.0x
CyCognitoUnited StatesUnited StatesPrivate--$800M-
ElixirUnited StatesNew York City, NYPrivate--$800M-
BitGo HoldingsUnited StatesUnited StatesPublicly listed$16B($9M)$795M5.5x

QuickNode Public Comps

QuickNode is still privately-owned, but its public comps include BitGo Holdings, HashKey Holdings, Beijing CTJ Info Tech, Rezolve AI, Reconova Technologies, PKSHA Technology, Indokripto Koin Semesta, Rackspace, Appier Group and Rhino Bitcoin.

Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
BitGo Holdings$16B($9M)0.1x5.5x(125.1x)125.4x
HashKey Holdings$92M($109M)6.4x-(5.4x)-
Beijing CTJ Info Tech$123M$13M5.3x4.9x51.3x34.6x
Rezolve AI$47M($109M)23.3x4.0x(10.0x)(19.3x)
Reconova Technologies$66M($8M)10.0x-(82.0x)-
PKSHA Technology$140M$47M4.1x2.4x12.2x10.7x
Indokripto Koin Semesta$16M$7M36.9x-81.1x-
Rackspace$2.7B$244M1.5x1.6x17.1x15.0x

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Common questions about QuickNode

When was QuickNode founded?QuickNode was founded in 2017.
Where is QuickNode headquartered?QuickNode is headquartered in Miami, FL, United States.
Is QuickNode publicly listed?No, QuickNode is a private, VC-backed company.
What is QuickNode's valuation?QuickNode was last valued at $800M in its Series B in January 2023.
How much funding has QuickNode raised?QuickNode has raised $102M across 6 funding rounds.
What was QuickNode's last funding round?QuickNode's last funding round was a $60M Series B in January 2023, led by 50T Funds.
Who are QuickNode's investors?QuickNode's investors include Seven Seven Six, Anthony Pompliano, Arrington XRP Capital, Crossbeam Venture Partners, Tiger Global, Y Combinator, Open Opportunity Fund, QED Investors, Angel Collective Opportunity Fund, Soma Capital and 6 others.
Which companies are comparable to QuickNode?Companies comparable to QuickNode include TIFIN, Upstage, Ncino, CyCognito, Elixir and BitGo Holdings.
How many companies has QuickNode acquired?QuickNode has acquired 1 company, including Icy Tools.

See companies similar to QuickNode

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