Nansen
Category: AI in Analytics & BI
Nansen is a blockchain analytics platform that enriches on-chain data with millions of wallet labels to provide actionable insights for crypto investors and teams. Nansen was founded in 2020. The company is led by Alex Svanevik. Based in Singapore, Singapore. Total funding raised: $88.2 million. Latest round: Series B ($75M, December 2021). Key investors include Accel, GIC, Andreessen Horowitz (a16z), Tiger Global, SCB 10X.
- Founded
- 2020
- Headquarters
- Singapore, Singapore
- Total funding
- $88.2 million
Value proposition
To provide a competitive edge in the crypto market by surfacing signals from on-chain data, enabling users to discover opportunities, perform due diligence, and manage portfolios effectively.
Products and solutions
Nansen Portfolio, Nansen AI Agent, Nansen Query, Nansen API, Nansen Research Portal, Smart Money Dashboards, Agentic Trading (Research-to-Execution), Nansen Staking (via StakeWithUs acquisition)
Unique value
Nansen's primary unique factor is its massive, proprietary database of over 500 million labeled crypto wallet addresses. This allows them to connect on-chain activity to real-world entities, providing deep insights into the flow of funds and the behavior of key market participants ('Smart Money').
Target customer
Crypto investors (retail and institutional), crypto teams, developers, and financial institutions.
Industries served
Cryptocurrency, Web3, Financial Services, Data Analytics, Artificial Intelligence
Technology advantage
Their key advantage is the combination of comprehensive on-chain data with AI-driven analytics and millions of wallet labels. This creates a powerful 'information advantage' for their users. The recent launch of the Nansen AI agent, which allows for natural language queries, further lowers the barrier to accessing complex on-chain intelligence.
How they differentiate
Nansen differentiates itself by combining on-chain data with a massive and constantly growing database of millions of wallet labels. This allows them to provide deeper insights into the activities of specific entities and 'smart money.' They also offer real-time alerts and a focus on actionable intelligence for investors and crypto teams.
Main competitors
Dune Analytics, Glassnode, Token Metrics
Key partnerships
Google Cloud, NEAR Protocol, TON Blockchain, Moni, TRON, Accel, Andreessen Horowitz (a16z), Tiger Global
Notable customers
Google Cloud, Dysnix
Major milestones
2020: Founded by Alex Svanevik, Evgeny Medvedev, Lars Bakke Krogvig, Raised $88.2M total (Series B $75M Dec 2021 at $750M valuation), Investors: Accel, GIC, a16z, Tiger Global, SCB 10X, Customers: Google Cloud, Dysnix, May 2023: Laid off 30% of workforce (43 employees) due to crypto bear market, Sep 2024: Acquired StakeWithUs, a non-custodial staking provider, expanding into crypto investment, Jan 2025: Partnered with TON Blockchain for on-chain analytics, Jun 2025: Partnered with Moni for social analytics integration, Dec 2025: Announced Nansen AI upgrade to full-stack on-chain trading product for 2026, 2026: Launched Agentic Trading with Hyperliquid perps; incorporated Nansen Markets Pte Ltd in Bhutan GMC, Products: Nansen Portfolio, AI Agent, Query, API, Research Portal, Agentic Trading, Staking
Growth metrics
Series B $75M at $750M valuation (Dec 2021). May 2023: Reduced workforce 30% (43 employees) due to crypto bear market. Diversifying to enterprise/institutional customers. Specific user/revenue numbers not disclosed post-layoff.
Market positioning
Nansen is positioned as a leading on-chain analytics platform, particularly trusted by top crypto teams and investors. They are known for their in-depth analysis and labeling of wallets, which gives them a strong position in the market for sophisticated crypto analysis.
Geographic focus
While Nansen is a global platform, its headquarters are in Singapore, suggesting a strong focus on the Asian market. However, their investors and user base are global.
Patents and IP
No specific patents are publicly listed. However, the company's terms of service state that they own or license all intellectual property rights, including patents, related to their services and content.
About Alex Svanevik
Alex Svanevik is a co-founder and the CEO of Nansen. He has a background in data science and machine learning, with a Master's degree in Artificial Intelligence from the University of Edinburgh. Before Nansen, he was a Senior Consultant at BearingPoint, focusing on data management and predictive analytics, and also co-founded a data analytics company. His expertise lies in leveraging AI to analyze on-chain blockchain data.
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Official website: https://www.nansen.ai
