QuickNode (N/A)

QuickNode is a well-respected blockchain infrastructure platform that offers a comprehensive suite of products and services to help developers build and deploy Web3 applications.

Serving as a complete development hub for Web3 innovation, the project provides users with APIs and tools for 24+ blockchain networks.

The company has also established itself as an industry researcher. In collaboration with Artemis, an institutional data platform, QuickNode released the Q3 2023 On-Chain Report, which provides a comprehensive analysis of blockchain trends and developments.

QuickNode prioritizes data security and protects its users against unauthorized access. Users can control who can access their endpoints using secure token-based authentication, domain masking, and other security measures.

QuickNode funding journey has started strong. The company had two record-breaking quarters in 2022, Q3 and Q4, during which the revenue increased by more than 300% in the previous year.

QuickNode's near-term roadmap includes plans to achieve decentralization by the end of 2023 while maintaining security and uptime, according to Nabutovsky. The company is also currently beta testing new products, the details of which have not yet been disclosed.

What is QuickNode Valuation? 

QuickNode's revenue growth of 3x also resulted in a valuation increase from its previous fundraising round. In October 2021, the company raised $35 million in Series A funding at a $250 million valuation. For comparison, QuickNode's closest competitor, Alchemy, was valued at $10.2 billion in February 2022. 

Later on, in a $60 million Series B round, the company achieved an $800 million valuation. 

In total, QuickNode funding up to date is $100,3 million. 

Some of the biggest clients QuickNode assisted are Dune Analytics, Chainalysis, and DappRadar.