Allium Raises $16.5M in Series A Funding
Summary
The round was led by Theory Ventures with participation from seed investors Kleiner Perkins and Amplify Partners. Tomasz Tunguz, Founder of Theory Ventures, will join the board as part of its investment. The company plans to use their new capital to invest in data infrastructure and scale its GTM motion to offer launchpads for financial institutions seeking to embrace digital assets, as well as payment providers, brokerages, and the blockchain ecosystems for builders. Led by Ethan Chan, CEO and Co-Founder, Allium is a comprehensive blockchain data platform that provides enterprise-grade, quick, and simple blockchain data for institutions and companies like Visa, Stripe, Uniswap Foundation, and Phantom to answer strategic questions, identify investment and growth opportunities, manage business reporting, and power their applications. Allium Explorer provides query and visualization interfaces for data discovery, investment and market research, financial accounting and auditing, while Allium Developer provides real-time APIs and data ingestion tools to power high-performance applications and workflows.