Bitquery

Bitquery

Blockchain data analytics via GraphQL API

Overview

Draft a concise company summary for Bitquery including what it does, how its product works, how it differs from competitors, and its goal.

Significant Headcount Growth

About Bitquery

Simplify's Rating
Why Bitquery is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Enterprise Software

Fintech

Crypto & Web3

Company Size

11-50

Company Stage

Seed

Total Funding

$11M

Headquarters

New York City, New York

Founded

2019

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Simplify's Take

What believers are saying

  • April 2026 free Solana gRPC and Kafka streams lower adoption friction for developers.
  • Bitquery customers cite cost-effective infrastructure versus building nodes and indexers.
  • July 2026 customer pages and partner program show active go-to-market expansion.

What critics are saying

  • June 2026 lawsuit alleges ex-CEO Dionysios Karakitsos stole over $5 million.
  • Deleted 194 QuickBooks records in 2025 signals weak controls and investor trust damage.
  • Annual revenue near $2 million leaves one legal shock existentially threatening.

What makes Bitquery unique

  • Bitquery indexes 40+ chains through one GraphQL schema, WebSocket, and Solana gRPC.
  • April 2026 added unified Crypto Trades API with PnL, market cap, and supply.
  • Partner Program targets compliance, investigations, taxation, and public-sector Web3 contracts.

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Funding

Total Funding

$11M

Above

Industry Average

Funded Over

2 Rounds

Seed funding is usually the first official round after pre-seed, when a startup has a prototype or concept. It’s typically used to develop the product, test the market, and start building the team. Investors here are often angel investors or early-stage venture capitalists.
Seed Funding Comparison
Above Average

Industry standards

$3.3M
$2M
Netflix
$2.3M
Instacart
$3M
Robinhood
$8.5M
Bitquery

Benefits

100% remote

PTO

Medical insurance

Yearly trips

Custom work hours

Growth & Insights and Company News

Headcount

6 month growth

42%

1 year growth

42%

2 year growth

42%
Bitquery
Jun 13th, 2024
The Future of Finance: How Syla Uses Bitquery Data for Crypto Tax Solutions

Syla partnered with Bitquery, leveraging its advanced blockchain data API.

Bitquery
Oct 26th, 2023
USDC vs USDT: Analyzing On-Chain Activities with the Token Holders API

If you want a deeper understanding of token holders for a specific token through their on-chain activities, Bitquery has introduced the Token Holders API.

Bitcoin.com
Apr 3rd, 2023
Bitquery's New Streaming API is Changing Web3 Infrastructure Space – Sponsored Bitcoin News

Bitquery launched its Streaming API in early March, giving users to access blockchain data in real time.

Binance
Sep 29th, 2022
Binance Labs Leads $8.5 Million Seed Funding for Bitquery to Support Development of Blockchain Data Solutions | Binance Blog

Binance Labs, the venture capital arm and accelerator of Binance, led a $8.5 million seed funding round for Bitquery as part of its ongoing drive to support innovative blockchain data solution providers.

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