Goldsky Raises $20M To Bring Real-Time, On-Chain Data To Crypto Companies
09/13/22, 4:12 PM
Location
canada
Money raised
$20 million
Industry
cryptocurrency
blockchain
analytics
Despite well-known volatility in the crypto market, crypto startups building infrastructure to support the industry’s long-term growth have seemed to fare better than their peers. This is especially true for data, a universally necessary input for web3 companies, with crypto data firms like Messari reportedly fundraising amid a down market.
Company Info
Location
canada
Additional Info
“I think both those are very valuable, and you need both of those in order to build a successful business, but they’re only a small piece of the greater data challenges that every other company has, and I think particularly real-time data is actually really hard to get right.” By automating the creation of data pipelines, Goldsky enables its customers to spend more time working on building their core products rather than parsing the data feeding into those products, Li explained. The company is currently focused on serving crypto-native companies such as DeFi protocols, though Li declined to share numbers on how many customers Goldsky has or its revenue/profitability. Li noted that Goldsky, founded last October, was one of the earliest companies to invest heavily in real-time data.