Nansen raises $75M in Accel-led Series B funding round

Nansen raises $75M in Accel-led Series B funding round
фото показано с : invezz.com

2021-12-17 16:43

Nansen, the industry-leading blockchain data analytics platform, has raised $75 million in an Accel-led Series B funding round, Invezz learned from a press release. Other participants in the round included Andreessen Horowitz (a16z), SCB 10X, Tiger Global, and other notable VCs and angel investors.

The platform will use the funds for its next growth and development stage, which will include expanding the platform’s features and multichain integrations globally and hiring top-notch developers and research analysts.  

Nansen enables easier exploration of complex on-chain data

Nansen analyzes billions of on-chain data points and millions of wallet labels. It also explores thousands of entities on leading blockchains such as Ethereum (ETH/USD), Polygon (MATIC/USD), Binance Smart Chain (BNB/USD), Fantom (FTM/USD), Avalanche (AVAX/USD), Celo (CELO/USD), and more. The platform makes it easy to explore complicated on-chain data on exchange activity, investors’ cash flows, and emerging trends in NFTs, DeFi, and DAOs through intuitive, streamlined visual dashboards.

Nansen user base grew by over 400% in Series A

Six months ago, Nansen held a Series A round, in which its user base grew by over 400%. They also hired more than 55 new team members, including research analysts and developers, who are tasked with increasing Nansen’s exposure to all popular blockchains.

Alex Svanevik, co-founder and CEO at Nansen, said:

2021 has been an inspirational year for us. We’re grateful for how much our customers love Nansen, and with this latest round we can serve them even better. In addition, we can now onboard new customer segments that will benefit from market-leading on-chain analytics. We’re ready for a new phase of growth, accelerating our international expansion, scaling up our data capabilities to support the wider blockchain ecosystem, and providing global investors with a world-class product to explore the latest crypto trends and make more informed decisions.

Andrei Brasoveanu, Partner at Accel, added:

During the past year we’ve witnessed an explosion in activity in crypto, including new areas such as NFTs and DeFi. With transaction information in this space extremely fragmented across different projects, exchanges and chains, there’s a huge opportunity for Nansen to become investors’ go-to platform for crypto insights and data, offering a trusted, single source of truth.

The post Nansen raises $75M in Accel-led Series B funding round appeared first on Invezz.

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