Today, we are excited to share that we raised a $250M Series C financing led by Andreessen Horowitz. You can read more about the details in our release here, and more about why a16z believes in Alchemy at their blog here. In this blog post, we’re excited to share what we’re doing with this new investment.
Alchemy began 4 years ago with a simple mission - to make blockchain development accessible. The promise of blockchain is more open and transparent systems, and we believe that developers should have the tools they need to easily build blockchain and Web3 applications.
In the last couple years, we’ve been blown away by what you’ve built. We’ve seen an explosion of revolutionary ideas. You created NFTs, which make true online, digital ownership possible for the very first time. You created decentralized finance to replace archaic and exclusionary financial infrastructure with global financial inclusion. You created a newly emerging metaverse that reinvents how we think about community, identity, and economy. But the most exciting part is that we’re all just getting started.
You, the developer, are the heart of this ecosystem, and we’ve raised this round of funding to support you. We’re going to be doubling down on vastly expanding access to our current tools, helping developers by pouring resources into educational materials and launching entirely new developer products. Our hope is that these initiatives will both make it easier for those who are new to get started, and continue to support those who are already part of the community in doing even more.
Our focus has been, and always will be, making building on the blockchain incredibly easy. Ultimately, our highest goal is to serve the needs of this community, so if you have ideas, product feedback, or questions, reach out to us on Discord or Twitter!
Keep an eye out for some news from us soon, and if you want to join the AlchemyFam on our mission to bring the magic of blockchain to the world, we’re hiring!
You are changing the world, and we’re incredibly excited, humbled, and honored to support you on this journey!
Let's make this happen,
The Alchemy Team