Allium

Cover Block

Item	Details
Name	Allium
Tagline	Enterprise blockchain data infrastructure for analytics, applications, and accounting across dozens of blockchains.
Headquarters	New York, US
Founded	2022 [Ashby, 2026]
Stage	Series A
Business Model	SaaS
Industry	Fintech
Technology	Blockchain / Web3
Geography	North America
Growth Profile	Venture Scale
Founding Team	Co-Founders (2)
Funding Label	Undisclosed
Total Disclosed	~$21.5M [Axios, July 2024]

Links

• Website: https://www.allium.so
• LinkedIn: https://www.linkedin.com/company/alliumlabs

What an Investor Needs First

Allium is building the enterprise system of record for blockchain data, a bet that hinges on the institutionalization of crypto and the resulting demand for audit-grade, normalized data at scale. The company provides managed databases, APIs, and real-time alerting across over 150 blockchains, positioning itself as infrastructure for financial institutions and crypto-native firms that need reliable data for compliance, analytics, and product development [Crunchbase] [allium.so, retrieved 2026].

Founders Ethan Chan and Cheng Han Lee, who previously worked in AI and data infrastructure, launched Allium in late 2021 after identifying a critical gap between the raw, chaotic nature of on-chain data and the requirements of enterprise-grade applications [The Org] [jobs.ashbyhq.com/allium, retrieved 2026]. Their platform differentiates through a focus on financial-grade fidelity, offering SOC 1 and SOC 2 certified data pipelines and over 1,000 enriched schemas that transform raw blockchain logs into structured, queryable information [allium.so, retrieved 2026].

Allium operates on a B2B SaaS model and has raised a total of $21.5 million, including a $16.5 million Series A round led by Theory Ventures with participation from Kleiner Perkins and Amplify Partners [Wellesley Hills Financial, July 2024]. The company claims marquee customers like Visa and Coinbase. Over the next 12-18 months, the key watchpoints are the expansion of its enterprise sales motion beyond early adopters, the consistency of its data coverage claims as it adds new chains, and its ability to defend its niche against both specialized analytics firms and larger, general-purpose data platforms.

Data Accuracy: YELLOW -- Core product claims are well-documented, but key traction metrics and customer details are company-sourced.

Taxonomy Snapshot

Axis	Classification
Stage	Series A
Business Model	SaaS
Industry / Vertical	Fintech
Technology Type	Blockchain / Web3
Geography	North America
Growth Profile	Venture Scale
Founding Team	Co-Founders (2)
Funding	Undisclosed (total disclosed ~$21,500,000)

Inside the Company

Allium Labs, Inc. was founded in late 2021 by Ethan Chan and Cheng Han Lee, who identified a significant data infrastructure gap as financial institutions began engaging with blockchain technology [Crunchbase] [jobs.ashbyhq.com/allium, retrieved 2026]. The company is headquartered in New York and operates as an enterprise blockchain data infrastructure provider, a positioning that emerged from the founders' prior work in AI and data systems [Crunchbase] [Tech in Asia].

Key milestones have centered on product development, security validation, and capital formation. The company launched its core platform, offering managed databases and APIs for on-chain data, and subsequently achieved SOC 1 and SOC 2 Type I and II compliance, a critical step for serving regulated financial clients [allium.so, retrieved 2026]. A significant funding round of $16.5 million was closed in 2024, led by Theory Ventures with participation from Kleiner Perkins and Amplify Partners, bringing total disclosed funding to approximately $21.5 million [Finextra, July 2024] [Axios, July 2024].

Recent operational milestones include a substantial expansion of blockchain coverage. In May 2025, Allium added support for seventeen additional chains, including XRPL and Bitcoin Cash, and expanded coverage for twenty others, such as Berachain and Solana [allium.so, 2025]. The company now publicly states its infrastructure supports over 150 blockchains and 1,000 protocols, analyzing more than $300 billion in labeled payment volume [allium.so, retrieved 2026] [Coinpedia, retrieved 2026].

Data Accuracy: YELLOW -- Core founding and funding facts are corroborated by multiple sources, but some operational metrics rely on single citations or company statements.

Under the Hood

Allium’s core product is a managed data infrastructure platform designed to ingest, normalize, and serve blockchain data at enterprise scale. The platform’s architecture is built around two primary user interfaces: a web-based analytics tool for researchers and an API suite for developers integrating data into applications.

Allium Explorer

This is the company’s flagship web UI, described as a tool for discovering and analyzing on-chain activity across supported chains and schemas [Wellesley Hills Financial, July 2024]. It enables SQL-like querying and chart building, targeting analysts, researchers, and operations teams.

Allium Developer

This product surface provides APIs and infrastructure to integrate real-time and historical blockchain data into external products and workflows [Crunchbase]. It supports custom pipelines and streaming use cases, which is the primary delivery mechanism for enterprise clients building on-chain features.

The technical wedge is a focus on high-fidelity, deeply-modeled data for financial and compliance use cases, positioning the platform as a “system of record” [Axios, July 2024]. Coverage claims have evolved, with recent company materials stating support for over 150 blockchains and 1,000+ protocols, alongside the analysis of $300B+ in labeled payment volume [allium.so, retrieved 2026]. The platform emphasizes audit-ready data, offering SOC 1 and SOC 2 (Type I & II) certified pipelines, encrypted data delivery, and regional residency options [allium.so, retrieved 2026].

Data Accuracy: YELLOW -- Product features are well-documented by the company and corroborated by press coverage; scale claims are company-sourced.

Market Research

The demand for clean, auditable blockchain data is a foundational requirement for institutional adoption. Allium operates in the enterprise blockchain data infrastructure segment, a market defined by the need to extract, normalize, and serve structured data from decentralized ledgers for financial analytics, application development, and accounting.

Metric	Value
Blockchain Analytics Market (2022)	$1.2B
Blockchain-as-a-Service Market (2023)	$5.9B
Projected BaaS Market (2030)	$65.5B

Several demand drivers are converging. Institutional adoption of digital assets by traditional financial firms and corporations creates a need for system-of-record data for treasury management, settlement, and compliance [Finextra, 2024]. Regulatory clarity, particularly frameworks for stablecoins and anti-money laundering (AML) compliance, mandates auditable transaction trails and counterparty identification [Axios, 2024]. Product innovation within Web3, such as decentralized finance (DeFi) protocols and on-chain loyalty programs, requires real-time, reliable data feeds to power user-facing applications and internal dashboards.

Data Accuracy: YELLOW -- Market sizing is drawn from analogous, third-party industry reports; direct TAM for enterprise blockchain data infrastructure is not publicly quantified.

Competition and Substitutes

Allium operates in a crowded and rapidly evolving sector, where its primary challenge is to defend a premium enterprise position against both general-purpose analytics platforms and specialized compliance tools.

Company	Positioning	Stage / Funding	Notable Differentiator
Allium	Enterprise-grade blockchain data infrastructure for analytics, applications, and accounting.	Series A / ~$21.5M	SOC 1 & SOC 2 certified pipelines, positioned as a financial "system of record."
Dune	Community-driven blockchain analytics platform with a SQL-based interface.	Series B / $79.4M	Massive public community and user-generated dashboard ecosystem.
Nansen	On-chain analytics for crypto investors and funds, focusing on wallet labeling and behavior.	Series B / $88M	Proprietary wallet labeling and investor-centric dashboards.
Chainalysis	Blockchain data and analytics for government and enterprise compliance and investigation.	Series F / $537M	Deep government relationships and a focus on regulatory compliance.
The Graph	Decentralized protocol for indexing and querying blockchain data.	Token-based / $250M+	Decentralized network of indexers; protocol-native.

Data Accuracy: YELLOW -- Competitor funding and stage data sourced from Crunchbase; positioning analysis inferred from public materials.

Opportunity

The ultimate prize for Allium is to become the primary system of record for financial-grade blockchain data, a foundational role that could scale to billions in enterprise software revenue if the institutional adoption of crypto assets continues. The company powers Visa's stablecoin data platform, a public reference that speaks to the need for audit-grade, reliable data in core financial operations [allium.so, retrieved 2026]. Its focus on SOC 1 and SOC 2 compliance, point-in-time balances, and complete transaction trails is a direct response to the accounting, reconciliation, and regulatory reporting needs of large institutions [allium.so, retrieved 2026].

Data Accuracy: YELLOW -- The core product claims and customer references are well-documented, but some traction metrics rely on a single source.

Sources

1. [Crunchbase] Allium - Crunchbase Company Profile & Funding | https://www.crunchbase.com/organization/allium-2c51
2. [allium.so, retrieved 2026] Allium - Enterprise Blockchain Data | https://www.allium.so
3. [The Org] Ethan Chan - The Org Profile | https://theorg.com
4. [jobs.ashbyhq.com/allium, retrieved 2026] Founding Recruiter @ Allium | https://jobs.ashbyhq.com/allium/5e029965-bf82-44b6-a649-fc684746a58e/application
5. [Tech in Asia] Mixing AI with Blockchain Got This Startup Funding | https://www.techinasia.com
6. [Wellesley Hills Financial, July 2024] Blockchain Data Startup Allium Raises $16.5M | https://www.wellesleyhillsfinancial.com/2024/07/20/blockchain-data-startup-allium-raises-16-5m/
7. [Finextra, July 2024] Blockchain data platform Allium raises $16.5m | https://www.finextra.com/newsarticle/44466/blockchain-data-platform-allium-raises-165m
8. [Axios, July 2024] Blockchain data startup Allium raises $16 million | https://www.axios.com/pro/fintech-deals/2024/07/18/blockchain-data-allium-16-million
9. [allium.so, 2025] Allium Chain Expansion Announcement | https://www.allium.so
10. [Coinpedia, retrieved 2026] Allium: Blockchain Data Platform | https://coinpedia.org
11. [Grand View Research, 2023] Blockchain Data Analytics Market Size Report | https://www.grandviewresearch.com
12. [Fortune Business Insights, 2024] Blockchain-as-a-Service Market Report | https://www.fortunebusinessinsights.com
13. [Coindesk, 2024] Allium Provides Data to Visa, Stripe, Uniswap Foundation | https://www.coindesk.com
14. [Forbes, 2022] Chainalysis Valuation Hits $8.6 Billion | https://www.forbes.com