Blockchain data startup Allium raises $40M Series B as institutional interest in onchain analytics grows

<p>Blockchain data startup Allium has raised $40 million in a Series B funding round led by Amplify Partners, with participation from Kleiner Perkins and Theory Ventures amid increasing demand for onchain analytics services.</p>

<p>Allium ingests, cleans, and standardizes onchain data across more than 150 blockchains, making it queryable for financial institutions, developers, and analytics platforms.

Clients include Visa, Stripe, Coinbase, and a16z crypto, and the U.S.

Federal Reserve has cited the company's data, according to an <a href="https://www.allium.so/blog/allium-raises-40m-series-b-led-by-amplify-partners-with-participation-from-kleiner-perkins-and-theory-ventures/" target="_blank" rel="noopener">announcement</a>.</p>

<p>Allium previously <a href="https://www.theblock.co/post/305990/kleiner-perkins-backed-data-platform-allium-closes-16-5m-series-a" target="_blank" rel="noopener">closed</a> a $16.5 million Series A in July 2024, which was led by Theory Ventures and brought total funding to $21.5 million at the time.