Axiom

Axiom

ZK-powered historical Ethereum data access

Overview

Company Does Not Provide H1B Sponsorship

Axiom provides a platform-as-a-service that lets Ethereum developers access and compute historical on-chain data (transactions and receipts) using Zero-Knowledge proofs to verify results. Developers send queries to Axiom, which processes them and returns verifiable results via ZK proofs back into the developer’s smart contract, ensuring data integrity with Ethereum-like security. The product differentiates itself by offering verifiable, trustless access to the entire history of Ethereum data at scale, instead of just current state, and charges fees per query based on complexity and resources. Axiom’s goal is to give dApps a scalable, secure way to query and rely on historical blockchain data with cryptographic guarantees.

About Axiom

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

Industries

Data & Analytics

Enterprise Software

Cybersecurity

Crypto & Web3

Company Size

11-50

Company Stage

Series A

Total Funding

$38.2M

Headquarters

New York City, New York

Founded

2022

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Simplify's Take

What believers are saying

  • Axiom raised $20 million from Paradigm and Standard Crypto, funding hiring and product expansion.
  • Axiom's Proving API beta now supports mainnet blocks and 100M SHA2-hash workloads.
  • OpenVM live on EthProofs gives Axiom visible technical credibility against zkVM competitors.

What critics are saying

  • Succinct's SP1 Hypercube matched real-time Ethereum proving, compressing Axiom's advantage.
  • Axiom still depends on specialized GPU infrastructure, exposing customers to hardware and cloud costs.
  • If Ethereum adopters standardize on cheaper open-source zkVMs, Axiom's API becomes commoditized.

What makes Axiom unique

  • OpenVM 2.0 proves Ethereum mainnet blocks in 11.8 seconds on 16 GPUs.
  • Axiom offers a Proving API with onchain verification and distributed GPU proving.
  • Formal verification of Keccak and SHA-2 circuits strengthens trust in OpenVM's security.

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Funding

Total Funding

$38.2M

Above

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Above Average

Industry standards

$15M
$8.2M
Discord
$15M
Canva
$20M
Axiom
$30M
Kalshi

Benefits

Company Equity

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

-4%

1 year growth

-4%

2 year growth

-4%
CoinDesk
Jan 26th, 2024
Axiom, Protocol for Historical Ethereum Data, Raises $20M, Led by Paradigm, Standard Crypto

The funding will go towards further developing the protocol and adding new hires. Axiom allows smart contract developers to access historical data from Ethereum and then perform intensive computations off-chain.

Axiom
Jan 25th, 2024
Announcing Axiom's $20 Million Series A Round

We’ve raised $20 million, led by Paradigm and Standard Crypto, to give smart contract developers access to more data on-chain.

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