# Nansen Pte.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/nansen-pte

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.nansen.ai
- Total disclosed funding: $89M
- Latest round: Series B (Dec 17, 2021)
- Investors on record: 20

## About

Nansen Pte. Ltd. is a blockchain analytics platform that enhances on-chain data with rich wallet labels, offering critical insights for crypto investors and teams, enabling informed decision-making in the rapidly evolving digital asset landscape.Founded in 2020 and headquartered in Singapore, Nansen Pte. Ltd. operates as a standalone company specializing in blockchain analytics. The firm raised USD 74.90 mn in its Series B funding round on December 17, 2021, led by Accel, with participation from multiple other investors. The founder, Evgeny Medvedev, has experience in technology and entrepreneurship, although details of prior ventures are not specified.Nansen is a blockchain analytics platform that specializes in enriching on-chain data with millions of wallet labels, providing essential insights tailored for crypto investors and teams. Its core product, Nansen 2, offers advanced features that allow users to track their crypto portfolios across multiple chains through a single, comprehensive dashboard. The platform's functionalities include real-time dashboards, Smart Alerts for on-chain activities, and access to the Nansen Research Portal, which delivers professionally researched insights. Targeted at individual investors, institutional clients, and crypto teams, Nansen serves a diverse clientele, including those involved in NFT trading, DeFi protocols, and venture capital investments. The company's solutions primarily cater to markets in North America, Europe, and Asia, where interest in blockchain technology and crypto investments is rapidly growing.Nansen generated revenue of USD 8,866,497 in 2023, with an EBITDA of USD -17,259,821 for the same year. The company primarily relies on subscription-based models for its various products and services, offering tiered pricing plans that cater to different levels of access and functionality. Nansen 2 serves as a focal point for revenue generation, attracting a wide range of users from casual investors to professional analysts. Through partnerships, Nansen also creates additional revenue opportunities by providing tailored solutions to crypto firms and institutional players, enhancing their analytical capabilities and market insights.The company plans to utilize the recent USD 74.90 mn funding to bolster its growth and development, focusing on hiring and developing new product offerings for both retail and institutional customers. Additionally, Nansen aims to enhance its global presence by introducing innovative platform features and multichain integrations. Specific new products and features are expected to be launched in the near term, although exact dates are not provided. Furthermore, Nansen is targeting expansion efforts in emerging markets within Asia and Europe to capitalize on the growing interest in blockchain technology.

## Funding rounds

- Series B, Dec 17, 2021, $75M — Accel, GIC, Tiger Global Management, Andreessen Horowitz, Amplify Partners, SCB10X, L1D, Skyfall Ventures, Folius Ventures, Old Fashion Research
- Series A, Jun 26, 2021, $13M — Andreessen Horowitz, Coinbase Ventures, imToken, Fabric Ventures, Robot Ventures, QCP Soteria, Skyfall Ventures, Mechanism Capital, Volt Capital, Sparq Ventures
- Seed, Oct 27, 2020, $1.2M — Fabric Ventures, Robot Ventures, A100X, Skyfall Ventures, Mechanism Ventures, Volt Capital

## Investors

- Fabric Ventures (https://capitalatlas.ai/funds/fabric-ventures) — Seed, Series A
- Robot Ventures (https://capitalatlas.ai/funds/robot-ventures) — Seed, Series A
- A100X (https://capitalatlas.ai/funds/a100x) — Seed
- Skyfall Ventures (https://capitalatlas.ai/funds/skyfall-ventures) — Seed, Series A, Series B
- Mechanism Ventures (https://capitalatlas.ai/funds/mechanism-ventures) — Seed
- Volt Capital (https://capitalatlas.ai/funds/volt-capital) — Seed, Series A
- Andreessen Horowitz (https://capitalatlas.ai/funds/andreessen-horowitz) — Series A, Series B
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Series A
- imToken — Series A
- QCP Soteria — Series A
- Mechanism Capital (https://capitalatlas.ai/funds/mechanism-capital) — Series A
- Sparq Ventures — Series A
- Accel (https://capitalatlas.ai/funds/accel) — Series B
- GIC — Series B
- Tiger Global Management (https://capitalatlas.ai/funds/tiger-global-management) — Series B
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Series B
- SCB10X (https://capitalatlas.ai/funds/scb10x) — Series B
- L1D (https://capitalatlas.ai/funds/l1d) — Series B
- Folius Ventures — Series B
- Old Fashion Research (https://capitalatlas.ai/funds/old-fashion-research) — Series B