Overview

QuickNode provides tools and services for developers creating Web3 applications in the blockchain space. Its main offerings include elastic APIs, analytics, and a knowledge base that help developers efficiently access blockchain data. QuickNode's services support various applications, such as decentralized finance (DeFi) apps, non-fungible token (NFT) DApps, and digital wallets, and are designed to handle high volumes of API requests with quick response times. This company stands out from competitors by simplifying access to blockchain data, including balances and transfer history, and by offering IPFS storage and gateway services for managing data on the InterPlanetary File System. QuickNode's goal is to empower developers with a comprehensive toolkit that enhances their ability to build and innovate in the blockchain ecosystem.

Simplify's Take

What believers are saying

• Increased demand for blockchain infrastructure services boosts QuickNode's potential customer base.
• The rise of DeFi and NFTs drives the need for QuickNode's robust API solutions.
• Layer 2 solutions like Arbitrum Rollups enhance QuickNode's scalable service offerings.

What critics are saying

• Increased competition from providers like Alchemy and Infura could erode market share.
• Rapid technological advancements in blockchain may render QuickNode's offerings obsolete.
• Regulatory scrutiny on blockchain operations could lead to increased compliance costs.

What makes QuickNode unique

• QuickNode offers elastic APIs with faster response times than competitors.
• The company provides comprehensive tools for DeFi, NFT DApps, and digital wallets.
• QuickNode's QuickAlerts tool delivers real-time notifications on on-chain events.

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Funding

Total Funding

$101.9M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:

Tiger GlobalSoftBankLightspeed Venture Partners

Notable Investors:

Tiger GlobalSoftBankLightspeed Venture Partners

$60,000,000

Series B

Jan 2023

Series B funding is typically for startups that have proven their business model and need more funding to expand rapidly—often by entering new markets or adding more products. Investors are usually venture capital firms that specialize in later-stage investments.

Series B Funding Comparison

Above Average

Industry standards

Ind Avg. $35M

$4M

$30M

$45M

$60M

$65M

$100M

View all funding stages