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Nxyz Raises $40M Series A, Led By Paradigm, To Enable Faster Blockchain Indexing

PRIVATEOct 12, 2022

Amount Raised

$40 Million

Round Type

Series A

Mountain ViewSoftwareBlockchainAnalytics

Description

nxyz, the web3 platform that enables lightning-fast data infrastructure for blockchains, today emerged from stealth and announced a $40M Series A led by Paradigm, with participation from Coinbase Ventures, Greylock Partners, Sequoia Capital, and prominent web3 angels like Balaji Srinivasan, Jaynti (JD) Kanani, Jing Wang, Packy McCormick, Surojit Chatterjee, Ryan Selkis, and others. Co-founder Sridhar Ramaswamy will become CEO, while staying in his role as CEO of user-first, private search engine Neeva. The funds will be used to expand nxyz’s team, build robust support across emerging use cases, and expand across different chains.

Quick answer

nxyz raised $40 Million in a Series A round, dated October 12, 2022. nxyz is based in Mountain View, California, United States.

How much did nxyz raise?
nxyz raised $40 Million in a Series A round on October 12, 2022.
What does nxyz do?
nxyz indexes the blockchain and provides performant, real-time, flexible blockchain data APIs for web3 developers.
Where is nxyz based and how big is it?
nxyz is based in Mountain View, California, United States.

Source: Fundz verified event record.

Who else raised in Blockchain and Analytics around the same time

Companies in the same sectors as nxyz that raised within 45 days of this round, from Fundz verified event records.

  • Tres raised $7.6M (Funding Round) on September 20, 2022.
  • Acerta Analytics raised $8M (Series B) on November 24, 2022.
  • Taktile raised $20M (Series A) on November 22, 2022.
  • QualSights raised $7.7M (Series A) on November 21, 2022.
  • Amboss Technologies raised $3.2M (Seed) on November 18, 2022.
  • Spot AI raised $40M (Funding Round) on November 17, 2022.

Who to call at nxyz, and when

A new round usually means nxyz is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

nxyz

Location

Mountain View, California, United States

About

nxyz indexes the blockchain and provides performant, real-time, flexible blockchain data APIs for web3 developers.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

nxyz raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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