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§ Private Profile · New York City, NY, USA
Blockchain data infrastructure platform for enterprises and financial institutions to query, analyze, and integrate data across 40+ networks.
Allium is a blockchain data infrastructure platform based in New York City that provides enterprise data solutions and APIs for analyzing real-time and historical information. Operating through a B2B SaaS model, the company enables financial institutions and developers to extract, normalize, and query digital currency volumes across more than forty decentralized networks. The platform supports advanced applications and facilitates the analysis of over $145 billion in stablecoin capital for traditional financial institutions and cryptocurrency firms. Its prominent customer base includes Visa, which built its Onchain Analytics dashboard using Allium, alongside Stripe, Uniswap Labs, Phantom, and Brevan Howard Digital. Founded in late 2021 by Ethan Chan, Cheng Han Lee, and Nick Pai, the organization has secured $21.5 million in total funding, highlighted by a $16.5 million Series A round led by Theory Ventures and backed by Kleiner Perkins.
Allium has raised $17.0M across 1 funding round.
Allium has raised $17.0M in total across 1 funding round.
# Allium: Enterprise Blockchain Data Platform
Allium is a blockchain data infrastructure company that provides real-time on-chain data platforms and analytics tools for enterprises operating in the cryptocurrency and decentralized finance sectors[1]. Founded in 2022 and based in New York, the company addresses a critical gap in the blockchain ecosystem: making complex on-chain data accessible, reliable, and actionable for developers, analysts, and institutional clients[1].
The company serves a diverse customer base including major fintech platforms (Visa and Stripe), cryptocurrency wallets (Phantom), decentralized exchanges, NFT marketplaces, and financial services firms[1][2]. Allium's core mission centers on democratizing blockchain data access—transforming raw, complex blockchain information into decoded, queryable datasets that power production applications at scale[2].
Allium emerged in 2022 amid growing institutional adoption of blockchain technology and the recognition that data infrastructure would become foundational to the crypto ecosystem[1]. The company's founding reflected a broader market insight: as stablecoins and decentralized applications matured, the underlying data systems and software layers around blockchains would become "key components of many software systems"[1].
The company achieved significant early validation when Theory led a $16.5 million Series A funding round, signaling strong investor confidence in Allium's market position and technology[1]. This capital infusion enabled rapid scaling and product development to meet enterprise demand for reliable blockchain data services.
Allium distinguishes itself through several technical and operational advantages:
Allium operates at a critical inflection point in blockchain infrastructure maturity. As the industry transitions from speculative trading platforms to institutional-grade applications, reliable data infrastructure has become as essential as the blockchains themselves[1]. The company benefits from several converging trends:
Market Consolidation: Institutional players like Visa and Stripe integrating blockchain capabilities require enterprise-grade data partners, creating sustained demand for Allium's services[1].
Developer Ecosystem Growth: The proliferation of decentralized applications across 80+ chains creates network effects—more chains and applications drive greater demand for unified data access, strengthening Allium's competitive moat[2].
Regulatory Clarity: As governments and financial regulators demand better on-chain visibility, Allium's data infrastructure becomes increasingly valuable for compliance and risk management across the ecosystem[1].
The company influences the broader landscape by enabling faster innovation cycles—developers can build sophisticated applications without investing months in data infrastructure, effectively lowering barriers to entry for blockchain-native startups.
Allium is positioned as a foundational infrastructure layer in the blockchain economy, analogous to how database and analytics platforms powered the cloud computing revolution. The company's trajectory suggests several likely developments:
Vertical Expansion: Beyond current focus on DeFi and NFTs, Allium will likely extend into emerging use cases like real-world asset tokenization and institutional custody solutions, where data reliability is paramount.
AI-Driven Analytics: The Allium Assistant represents early movement toward AI-native data exploration, a trend likely to accelerate as the platform becomes the default interface for on-chain research.
Regulatory Integration: As compliance becomes central to institutional crypto adoption, Allium's data infrastructure may become embedded in regulatory reporting workflows, creating new revenue streams and stickiness.
The company's success ultimately hinges on a simple thesis: as blockchain technology matures from speculation to infrastructure, the data platforms that make it intelligible and reliable become indispensable. Allium's early market position, institutional customer base, and technical execution suggest it is well-positioned to capture significant value in this transition.
Allium has raised $17.0M in total across 1 funding round.
Allium's investors include Theory Ventures, Andreessen Horowitz, Bessemer Venture Partners, Felicis Ventures, FPV Fund, Crystal Huang, Kleiner Perkins, Redpoint Ventures, Springdale Ventures, Unusual Ventures, Ameet Patel, Amit Agarwal.
Allium has raised $17.0M across 1 funding round. Most recently, it raised $17.0M Series A in July 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Jul 1, 2024 | $17M Series A | Theory Ventures | Andreessen Horowitz, Bessemer Venture Partners, Felicis Ventures, FPV Fund, Crystal Huang, Kleiner Perkins, Redpoint Ventures, Springdale Ventures, Unusual Ventures, Ameet Patel, Amit Agarwal | Announced |