See other companies on Otta

Alchemy

Blockchain development platform

201-500 employees
  • B2B
  • Cryptocurrency
  • SaaS
  • Blockchain
  • Web 3.0
542 Brannan Street, San Francisco, CA 94107

Company mission

To provide developers with the fundamental building blocks they need to create the future of technology without the hassle of managing blockchain infrastructure in-house.

Insights

Top investors

Few candidates hear
back within 2 weeks

64% employee growth in 12 months

Otta's take

Theo Margolius headshot

Theo Margolius

COO of Otta

Blockchain technology is a rapidly growing industry with many startups and established companies developing new applications that utilize it. However, many companies reinvent the wheel as they each attempt to build their own version of the blockchain software.

Alchemy offers a platform that simplifies the creation of blockchains and the launching of new nodes. It provides developers with “building blocks” that can be used to make the process more efficient. Alchemy is already working with multinational organizations like Meta, Adobe, and Splunk, and it has won many clients from their current top competitor, Infura.

The company has seen considerable growth and is now acquiring companies to improve its stack. It now serves over 10M end users and became a deca unicorn after attracting impressive funding in 2022. It continues to refine its platform to gain competitive edge, recently launching a transaction simulation product to help reduce the chances of transactions becoming susceptible to scams.

Benefits

  • Work from home opportunities

Company values

  • Empathy: Alchemy values empathy, creating a safe and inclusive environment where everyone's voice is heard and respected
  • Innovation: Alchemy encourages innovation, empowering employees to think outside the box and push boundaries to create cutting-edge solutions
  • Collaboration: Collaboration is key at Alchemy, fostering a team-oriented culture that values open communication and shared problem-solving
  • Continuous Improvement: Alchemy is committed to continuous improvement, promoting a growth mindset and providing opportunities for learning and development

Funding (last 2 of 4 rounds)

Feb 2022

$200m

SERIES C

Oct 2021

$250m

SERIES C

$545m

Total funding

This company has top investors

Founders

After studying Computer Science at Stanford, Nikil co-founded Down to Lunch in 2016, serving as CEO. Left this role in 2017 to co-found Alchemy.

Also co-founded Down to Lunch. Previously Software Engineer at Pinterest, Head Teaching Assistant at Stanford University, and Associate Technology Manager Intern at Google.

Jobs (7)

All locations

Software Engineering