Alchemy
Funding History
| Series B · 04/2021 | $500M |
|---|---|
| Series C · 10/2021 | $3.5B |
| Series C1 · 02/2022 | $10.2B |
About
Founded in 2017 by Stanford graduates Nikil Viswanathan and Joe Lau, Alchemy built its business around removing the operational burden of running blockchain nodes: its APIs, enhanced RPC endpoints, and monitoring tools let development teams build on Ethereum, Solana, and other networks without managing infrastructure themselves.
- CEO
- Nikil Viswanathan
- Headquarters
- San Francisco, CA
- Founded
- 2017
- Website
- alchemy.com
Overview
Founded in 2017 by Stanford graduates Nikil Viswanathan and Joe Lau, Alchemy built its business around removing the operational burden of running blockchain nodes: its APIs, enhanced RPC endpoints, and monitoring tools let development teams build on Ethereum, Solana, and other networks without managing infrastructure themselves.
The company reached a $10.2 billion valuation in February 2022 after a $200 million Series C1 round co-led by Lightspeed Venture Partners and Silver Lake, following a $3.5 billion valuation just four months earlier. Investors across its history include Andreessen Horowitz, Coatue Management, Pantera Capital, DFJ Growth, Lee Fixel's Addition, Redpoint, Samsung, and Stanford University, alongside individual backers such as Charles Schwab, Reid Hoffman, and Jerry Yang.
In 2025 and 2026 the company rebuilt its core infrastructure around an AI-trained engine called Cortex, launched single-tenant "Dedicated Clusters" for exchanges and regulated institutions, introduced an agentic payments gateway using Coinbase's x402 standard so AI agents can autonomously pay for compute access, and opened a $20 million fund to support developers building on Solana.
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