Nansen Raised $12 Million in Series A Funding Round

Published on: 29.06.2021

Nansen is an analytics platform for blockchain, which combines on-chain data with a massive and constantly growing database containing millions of wallet labels. The platform graciously announced that they have raised $12M from SEED A Funding round d led by Andreessen Horowitz (a16z). 

Skyfall Ventures, Coinbase Ventures, imToken Ventures, Mechanism Capital, QCP Capital also participated in the round, as well as several of our seed investors, new angels and funds. Individual investors Ana Andrianova, Will Price, Dovey Wan, Vincent Niu, Bitscale, Jeremy Kerbal, Allen Day, Yonatan Ben Shimon (YBS Capital), Daryl Lau, Kabeelan, Darren Lau, Kevin Hu, Joel John also joined in this round.

THE RAISED CAPITAL WILL BE USED TO:

  • Enhancing user experience, with an emphasis on personalization
  • The data platform, pushing the envelope as the #1 blockchain analytics platform
  • Increased support for additional blockchains and layer 2 solutions, including Polygon, Optimism, Arbitrum
  • Talent, through hiring and acquisitions

ABOUT NANSEN
Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels. Crypto investors use Nansen to discover opportunities, perform due diligence, and defend their portfolios with real-time alerts.

RESOURCES
Blog Post

Market Stats:
BTC Dominance: 56.22%(+0.37%/24h)
ETH Dominance: 13.05%(+0.22%/24h)
Defi Market Cap: $140.13B(+40.02%/24h)
Total Market Cap: $3772.77B(+3.19%/24h)
Total Trading Volume 24h: $216.08B(+75.11%/24h)
ETH Market Cap: $491.85B
Defi to ETH Ratio: 28.49%
Defi Dominance: 3.54%
Altcoin Market Cap: $1651.84B
Altcoin Volume 24h: $127.95B
Total Cryptocurrencies: 32825
Active Cryptocurrencies: 10367
Active Market Pairs: 93642
Active Exchanges: 765
Total Exchanges: 9731
BTC: 106999.62$(-0.07%/1H)
ETH: 4076.34$(1.1%/1H)
AVAX: 50.75$(1.86%/1H)
BNB: 729.45$(0.8%/1H)
MATIC: 0.61$(0.56%/1H)
FTM: 1.39$(1.22%/1H)
ADA: 1.11$(0.57%/1H)
DOT: 9.07$(0.5%/1H)
UNI: 17.21$(1.59%/1H)
CAKE: 3.34$(1.19%/1H)
SUSHI: 2.11$(1.84%/1H)
ONE: 0.03$(3.44%/1H)