What is Alchemy?
- Category
- Web3 infrastructure
- Headquarters
- San Francisco, CA
- Founded
- 2017
- Employees
- 200-322 reported
- Total funding
- About $564M-$738.6M reported
- Valuation
- $10.2B
What is Alchemy?
Alchemy is a web3 developer platform for building and operating onchain applications without managing blockchain node infrastructure directly.
Alchemy provides APIs, node infrastructure, account abstraction, embedded wallets, NFT APIs, indexing, and developer tooling across major blockchain ecosystems. LinkedIn and company materials cite major customers or users including Robinhood, Visa, Stripe, Circle, and millions of organizations building the open economy. Its value proposition is reliability, scale, and developer velocity for onchain products.
The company’s growth has tracked crypto infrastructure demand across cycles: when app teams build wallets, exchanges, payment products, NFT experiences, or onchain enterprise workflows, Alchemy becomes a managed infrastructure layer. It raised at a $10.2B valuation in 2022, but revenue and usage remain sensitive to crypto market activity, enterprise adoption, and transaction volumes.
Sources:AlchemyAlchemy LinkedIn
What does Alchemy offer?
Alchemy offers web3 APIs, RPC/node services, account abstraction, wallet infrastructure, NFT tooling, data/indexing, and monitoring.
- Supernode / RPC APIs· Infrastructure
- Alchemy API suite· Developer platform
- Embedded Accounts· Wallets
- Account Kit· Account abstraction
- NFT API· NFT/data
- Subgraphs and webhooks· Data
- Dashboard and monitoring· Developer tools
- Multi-chain support· Blockchain
Sources:AlchemyAlchemy docs
How does Alchemy make money?
Alchemy monetizes through developer infrastructure usage, self-serve plans, throughput/compute units, and custom enterprise contracts.
Alchemy publishes pricing and contact-sales paths, but prices can vary by usage, chain, throughput, support, and enterprise needs. Developers typically start with self-serve infrastructure and scale into higher throughput, dedicated support, uptime, security, and custom SLAs.
Unit economics depend on blockchain read/write volume, compute units, data indexing, storage, network support, and infrastructure efficiency. Growth is driven by more chains, more high-usage apps, enterprise onchain programs, and wallet/payment adoption from mainstream companies.
Sources:AlchemyAlchemy pricing
Who leads Alchemy?
Alchemy is led by co-founders Nikil Viswanathan and Joe Lau, who built the company from developer infrastructure into a major web3 platform.
- Nikil ViswanathanCo-founder & CEOFounder, since 2017Public CEO and fundraising voice for Alchemy’s web3 infrastructure strategy.
- Joe LauCo-founder & CTOFounder, since 2017Technical co-founder leading the developer infrastructure platform.
- Oskar ThorénPeople / culture leadership signalPublic careers presenceAppears in careers material representing employee experience and scaling.
- Enterprise GTM leadershipSales and partnershipsCurrent leadership functionOwns large web3, fintech, and enterprise platform relationships.
How do you contact Alchemy's leadership?
Alchemy publishes contact-sales and support routes. support@alchemy.com is a published support email; personal executive emails are not verified.
support@alchemy.com / contact-sales form; personal format not verifiedSources:Alchemy supportAlchemy careers
How much funding has Alchemy raised?
Alchemy has raised a reported $564M+ in venture funding, with a $250M Series C led by a16z in 2021 at $3.5B and a $200M 2022 round led by Lightspeed and Silver Lake at $10.2B.
Alchemy’s early funding began in 2019, followed by larger rounds as web3 developer infrastructure demand surged. In October 2021, a16z led a $250M Series C that valued Alchemy at $3.5B, with participation from investors including Lightspeed and others.
In early 2022, Alchemy announced a new $200M equity investment led by Lightspeed and Silver Lake at a $10.2B valuation, with previous major investors including a16z, Coatue, Addition, Pantera, and DFJ participating. Public databases differ on total funding because some include secondary or offering figures, so this profile uses “$564M+ reported” and cites the latest $10.2B valuation.
How did Alchemy get here?
Alchemy scaled from stealth web3 infrastructure provider to multi-chain developer platform.
- 2017FoundedNikil Viswanathan and Joe Lau found Alchemy.
- 2019First reported fundingAlchemy begins raising institutional capital.
- 2021a16z-led Series CAlchemy raises $250M at $3.5B valuation.
- 2022$10.2B valuationAlchemy raises $200M led by Lightspeed and Silver Lake.
- 2024-2026Wallet and account abstraction expansionAlchemy expands embedded accounts, account abstraction, and multi-chain developer tools.
Sources:AlchemyAlchemy $200M at $10.2B
Who are Alchemy's competitors?
Alchemy competes with blockchain infrastructure providers, RPC networks, indexers, and wallet developer platforms.
- InfuraConsensys-owned Ethereum and web3 infrastructure provider.
- QuickNodeMulti-chain RPC and blockchain infrastructure platform.
- MoralisWeb3 APIs and backend tooling for developers.
- BlockdaemonInstitutional blockchain node and staking infrastructure.
- ThirdwebWeb3 app, wallet, and smart-contract development platform.
- ChainstackManaged blockchain infrastructure across protocols and clouds.
Sources:AlchemyAlchemy platform
Alchemy — frequently asked questions
