Nansen Secures $1.2 Million Seed Investment (Ethereum Analytics Firm)


Nansen is a subscription-based Ethereum data startup bootstrapped by Alex Svanevik, Evgeny Medvedev, and Lars Bakke Krogvig.

Nansen analyzes 50M+ labeled Ethereum wallets and their activity.
So you can separate the signal from the noise in blockchain data.

Nansen Lands First-Ever Investment

Mechanism Capital and Skyfall Ventures led Nansen’s first-ever funding round with additional support from Robot Ventures, Volt Capital, Fabric Ventures, and others. Individual investors, including Ethereum developer Eric Connor, Anthony Yoon, and Sergei Chan from FTX and Deribit Exchange, also participated in the seed round.

Robert Leshner, the founder of Compound Finance and Robot Ventures, said:

Nansen’s CEO Alex Svanevik told Crypto Briefing that the “top priority is growing the team, so we get more bandwidth to deliver on our roadmap.”

The wallet label database for millions of Ethereum addresses is Nansen’s strongest selling point.

Svanevik also told Crypto Briefing about new features in the pipeline, like tracking activities of smartest Ethereum and DeFi investors, alerts for notable transactions, and personalized dashboards for its customers.

Since its launch in April, the firm reportedly has acquired more than 1,200 customers who use Nansen for on-chain analytics and market signals.

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