Blockchain analytics startup Allium has secured a $40 million Series B funding round led by Amplify Partners, with participation from existing investors Kleiner Perkins and Theory Ventures. The New York-based company, which specializes in ingesting, cleaning, and standardizing on-chain data from over 150 blockchain networks, plans to use the capital to further scale its enterprise-grade analytics platform.
The round brings Allium's total funding to approximately $61.5 million, following a $16.5 million Series A in July 2024 and an earlier $5 million seed round. The company has seen a tenfold increase in revenue since its Series A and now manages more than four petabytes of data, serving high-profile clients like Visa, Stripe, Coinbase, a16z crypto, and even the U.S. Federal Reserve, which has cited Allium's data in official reports.
The funding highlights a growing institutional demand for reliable, queryable blockchain data as traditional finance deepens its involvement with digital assets. Allium aims to fill this gap by transforming raw, heterogeneous data from multiple chains into structured, actionable information. Its ability to operate across more than 150 networks positions it as a critical infrastructure layer in an increasingly fragmented blockchain ecosystem.
The blockchain analytics sector has faced consolidation struggles: Dune Analytics cut 25% of its workforce after reaching a $1 billion valuation in 2022, and Messari was acquired by Blockworks for over $10 million—a steep discount from its peak valuation. Allium’s fresh funding signals confidence in its corporate-grade approach and the expanding market for institutional on-chain tools.
