Alchemy

Alchemy

Developer platform for web3 applications

About Alchemy

Simplify's Rating
Why Alchemy is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Crypto & Web3

Company Size

201-500

Company Stage

Series C

Total Funding

$530.1M

Headquarters

San Francisco, California

Founded

2017

Overview

Alchemy provides a platform for developers to create and scale web3 applications in the blockchain market. It offers a variety of APIs, SDKs, and tools that simplify the development process for applications such as Non-Fungible Tokens (NFTs) and smart contract monitoring. Alchemy's platform ensures that applications can handle large amounts of data and transactions efficiently, thanks to its scalable and reliable blockchain engine. A key feature is its multi-chain API, which allows developers to manage NFTs and receive real-time updates on smart contract activities. Alchemy differentiates itself from competitors by focusing on providing a comprehensive suite of tools that enhance the development experience and ensure data accuracy. The company's goal is to empower developers to build effective blockchain applications while maintaining high performance and reliability.

Simplify Jobs

Simplify's Take

What believers are saying

  • Partnership with Syndicate enhances scalable, community-owned rollup infrastructure for developers.
  • Alchemy Ventures' strategic investments support modular smart accounts and ecosystem growth.
  • Growing interest in RWA tokenization presents expansion opportunities for Alchemy's services.

What critics are saying

  • Emerging competition from Mavryk Dynamics in RWA tokenization could challenge Alchemy's market position.
  • Community-owned rollups may increase competition from decentralized platforms bypassing Alchemy's services.
  • Significant funding for Lens v3 blockchain could divert developers from Alchemy's platform.

What makes Alchemy unique

  • Alchemy offers a comprehensive platform for building and scaling web3 applications.
  • Their multi-chain API supports NFT applications, smart contract monitoring, and token data access.
  • Alchemy's blockchain engine ensures infinite scalability, reliability, and 100% data accuracy.

Help us improve and share your feedback! Did you find this helpful?

Funding

Total Funding

$530.1M

Above

Industry Average

Funded Over

3 Rounds

Series C funding is usually for startups that are doing well and are looking for more money to fuel major growth, such as acquiring other companies, expanding into global markets, or launching new product lines. Investors typically include larger venture capital firms and private equity.
Series C Funding Comparison
Above Average

Industry standards

$50M
$50M
Medium
$62M
SeatGeek
$100M
Oura
$200M
Alchemy

Benefits

Competitive Salary

Health and dental insurance

Generous PTO

401k Contributions

Growth & Insights and Company News

Headcount

6 month growth

-1%

1 year growth

-7%

2 year growth

-2%
Cointelegraph
Mar 3rd, 2025
Mavryk Dynamics secures $5M funding round

Mavryk Dynamics, a developer of a layer-1 RWA network, secured $5 million in funding led by Ghaf Capital, Big Brain, MetaVest Capital, Cluster Capital, Collective Ventures, and Atlas Funds, with five other VC funds participating. Mavryk is creating an RWA tokenization platform to bridge traditional and decentralized finance, boasting over $360 million in RWAs. The RWA market has grown to $17.9 billion as of early March, according to RWA.xyz.

PR Newswire
Feb 4th, 2025
Alchemy And Syndicate Join Forces To Help Developers Build Scalable, Community-Owned Rollups

The integration combines Syndicate's onchain sequencing network with Alchemy's comprehensive rollup infrastructure, enabling developers to build rollups that can be scaled and progressively decentralized to their communitiesSAN FRANCISCO, Feb. 4, 2025 /PRNewswire/ -- Alchemy , the world's leading onchain developer platform, today announces its partnership with Syndicate , a developer of infrastructure enabling community-owned rollups. The integration combines Syndicate's onchain sequencing network and infrastructure with Alchemy's rollup infrastructure to enable organizations to deploy scalable community-owned rollups with enterprise-grade throughput, reliability, and customization options.As part of the partnership Alchemy and Syndicate are also launching a joint accelerator program offering strategic advisory, technical resources, and free credits to teams building rollups. Both companies' technical teams will work directly with selected participants to ideate and launch their rollups, with an emphasis on technical mentoring, chain and sequencer customization."With rollup adoption accelerating, scaling infrastructure is one of the biggest challenges organizations face," said Nikil Viswanathan , co-founder and CEO of Alchemy. "We're thrilled to expand our offerings through this partnership with Syndicate, making it easier for developers to launch their own rollup that can scale and progressively decentralize to their communities. This partnership will give onchain builders the infrastructure and performance they need to confidently build mainstream apps and networks that users want and need."The path to scaling Ethereum lies in reliable rollup and sequencer infrastructure

Alchemy
Feb 4th, 2025
Alchemy and Syndicate Join Forces to Scale Ethereum Through Community-Owned Rollups

By combining Alchemy's complete rollup developer platform with Syndicate's onchain sequencing network, developers can seamlessly build highly scalable, atomically composable, and community-owned rollups - easily and affordably.

The Defiant
Dec 18th, 2024
Avara Secures $31 Million for Lens v3 Blockchain, Plans Mainnet Launch in Q1 2025 for Social Apps

Avara, the developer behind the Aave protocol, has secured $31 million in funding for Lens, a high-performance blockchain designed for social applications

Rhinestone
Nov 18th, 2024
$5m Seed Led by 1kx to Unlock the Next Era of Modular Smart Accounts

With participation from CoinFund, Lattice, Circle Ventures, Alchemy Ventures, zkSync, and more

Recently Posted Jobs

Sign up to get curated job recommendations

Alchemy is Hiring for 20 Jobs on Simplify!

Find jobs on Simplify and start your career today

💡
We update Alchemy's jobs every few hours, so check again soon! Browse all jobs →