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Amberdata

360 NW 27th ST, 8th Floor, Miami, FL, 33127, United States

Overview

Amberdata provides data and analytics across blockchain networks, crypto exchanges, and decentralized finance for institutional clients, including Citi, Coinbase, Nasdaq and Franklin Templeton. Its core product is institutional-grade digital-asset data and insights intended to support tax, accounting, treasury and compliance workflows. The company plans to use new capital to build additional product lines and accelerate global expansion beyond existing deals in the U.S., U.K., Latin America, Singapore and Australia. Management frames demand as a surge of institutional adoption that requires comprehensive data to onboard and operate with digital assets. Financially, Amberdata raised a $30M Series B at a $330M valuation and has raised $47M in total to date, including prior seed and Series A financings. The company was launched in 2017 and positions itself as infrastructure to help institutions accelerate time to market with digital-asset products. Amberdata delivers comprehensive data and insights into blockchain networks, crypto markets, and decentralized finance for financial institutions. The platform analyzes over 8 million blockchain network transactions and more than $500 billion in trading activities daily. It powers research, trading, risk, analytics, reporting, and compliance, and serves as a critical piece of infrastructure for investors entering the asset class. Institutional customers can integrate real-time and historical data and metrics via FIX, REST, WebSockets, and RPC and gain access to reference rates, indexes, and analytics. Founded in 2017 and based in Palo Alto, the company plans to use new funding to expand engineering and go-to-market capabilities. Amberdata operates a unified data platform and APIs that deliver validated on-chain data, analytics, smart-contract and token activity, and market data across top crypto exchanges. Its customers include custody providers, institutional crypto trading firms, asset managers, and research and analytics companies. The company says its offering enables customers to build data-powered applications and maintain a competitive edge. Amberdata was founded in 2017 and is headquartered in Palo Alto, CA, with operations noted in Fremont, CA in the announcement. The recent investment from multiple venture firms is intended to fuel growth and accelerate its position as a leading provider of institutional-grade blockchain and cryptoasset data. Investors are expected to bring industry insight and experience to support Amberdata’s expansion. Amberdata is building a SaaS platform that monitors, searches, analyzes and secures public and private blockchains. The platform offers instrumentation for blockchain infrastructure, applications and transactions and provides actionable insights, search and alerts to help businesses monitor and support blockchain operations. Led by co-founder and CEO Shawn Douglass, the company aims to enable operational intelligence for blockchain infrastructure, applications and transactions. Amberdata is based in Palo Alto, CA. It closed a $2m round of venture capital financing from HWVP to accelerate the launch of its platform. As part of the deal, Lars Leckie, general partner of HWVP, joined Amberdata’s board of directors.

Total raised
$47M
Funding rounds
4
Latest round
Series B
Latest activity
May 2022

Industries

  • Blockchain
  • Cryptocurrency
  • Developer APIs
  • Developer Platform
  • FinTech
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Recent funding

  1. Series B

    May 2022

    $30M

  2. Series A

    Sep 2021

    $15M

  3. Seed

    Oct 2017

    $2M

Team