About Alchemix
Alchemix is a company based in Saint Kitts And Nevis founded in 2020 by Scoopy Trouples.. Alchemix has raised $3.1 million across 1 funding round from investors including Spartan Partners, Delphi Ventures and Nascent. Alchemix operates in a competitive market with competitors including Compound, Lido, Aave, Curve and Pledge Finance, among others.
- Headquarter Saint Kitts And Nevis
- Founders Scoopy Trouples
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Sectors
TechnologyFinancial Services
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.1 M (USD)
in 1 rounds
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Latest Funding Round
$3.1 M (USD), Seed
Mar 17, 2021
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Investors
Spartan Partners
& 5 more
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Employee Count
Employee Count
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Funding Insights of Alchemix
Alchemix has successfully raised a total of $3.1M through 1 strategic funding round. The most recent funding activity was a Seed round of $3.1 million completed in March 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $3.1M
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First Round
First Round
(17 Mar 2021)
- Investors Count 6
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2021 | Amount | Seed - Alchemix | Valuation | Spartan Partners , Delphi Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Alchemix
Alchemix has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Spartan Partners, Delphi Ventures and Nascent. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in life sciences firms across all stages.
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Founded Year | Domain | Location | |
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Venture capital is provided to tech startups by Maven 11.
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Founded Year | Domain | Location | |
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Global investment and wealth management strategies are offered.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Alchemix
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Alchemix
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Alchemix Comparisons
Competitors of Alchemix
Alchemix operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Compound, Lido, Aave, Curve and Pledge Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
P2P lending platform based on the Ethereum blockchain
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| domain | founded_year | HQ Location |
Non-custodial staking for Ethereum and other cryptocurrencies is facilitated.
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| domain | founded_year | HQ Location |
Decentralized crypto lending marketplace for consumers
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| domain | founded_year | HQ Location |
Liquidity pools are managed for decentralized digital asset exchanges.
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| domain | founded_year | HQ Location |
Crypto-asset lending is enabled for non-traders via structured products.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Alchemix
When was Alchemix founded?
Alchemix was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Where is Alchemix located?
Alchemix is headquartered in Saint Kitts And Nevis.
Is Alchemix a funded company?
Alchemix is a funded company, having raised a total of $3.1M across 1 funding round to date. The company's 1st funding round was a Seed of $3.1M, raised on Mar 17, 2021.
What does Alchemix do?
Alchemix was founded in 2020 and is headquartered in Saint Kitts and Nevis. The platform operates within the decentralized finance sector, where users deposit DAI collateral to mint alUSD, a synthetic stablecoin. Future yield generated from Yearn.finance vaults is utilized to automatically repay the loans over time, facilitating self-sustaining borrowing mechanisms in the cryptocurrency ecosystem.
Who are the top competitors of Alchemix?
Who are Alchemix's investors?
Alchemix has 6 investors. Key investors include Spartan Partners, Delphi Ventures, Nascent, Maven 11, and GBV Capital.