Alchemy

Emerging

Alchemy is the leading Web3 developer platform powering 70% of top Ethereum applications, providing blockchain APIs, smart contract infrastructure, and developer tools for the decentralized web.

Company Overview

About Alchemy

Alchemy is the dominant infrastructure and developer tools company for Web3 and blockchain application development. Founded in 2017 and headquartered in San Francisco, Alchemy provides the reliable, scalable APIs that Web3 applications use to interact with blockchain networks—replacing the slow, unreliable node infrastructure that developers previously had to run themselves. The company powers 70% of top Ethereum applications including OpenSea, Uniswap, Dapper Labs, and Aave, and processes hundreds of billions of API requests monthly.

Business Model & Competitive Advantage

The platform has expanded beyond basic node APIs into a comprehensive Web3 developer stack: Alchemy NFT API, token API, transaction simulation, gas estimation, webhook infrastructure, and developer dashboards that provide visibility into application-level blockchain activity. The company's Smart Account infrastructure and ERC-4337 account abstraction support have positioned it at the center of the next-generation account model that is making Web3 applications more user-friendly. Alchemy's Supernode technology provides enhanced reliability over standard nodes through redundancy, automatic failover, and load balancing.

Competitive Landscape 2025–2026

Alchemy raised its Series C at a $10.2B valuation—making it one of the few Web3-native companies to achieve decacorn status—reflecting its position as critical infrastructure for the blockchain developer ecosystem. The company's strategy is to be the "AWS of Web3," providing the reliable, scalable infrastructure layer that enables developers to build applications without managing the complexity of blockchain node operations. As Web3 development continues to grow, Alchemy's infrastructure position gives it structural advantages in scaling with the ecosystem.

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Key Differentiators

Emerging Innovator

Alchemy is an emerging player bringing innovative solutions to the Developer Tools & Platforms market.

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