About Alchemy
Alchemy is a company based in Londonderry (United Kingdom) founded in 2018 by John Harkin was acquired by NTT DATA in October 2025. It operates as a Professional Services, and Managed Services. Alchemy has raised $32.81 thousand across 1 funding round from investors including NTT DATA. Alchemy has completed 1 acquisition, including r10. Alchemy offers products and services including System Integration, Application Management Services, Consulting, London Market Solutions, and Guidewire Platform Implementation. Alchemy operates in a competitive market with competitors including Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, among others.
- Headquarter Londonderry, United Kingdom
- Founders John Harkin
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name Alchemy Technology Services Limited
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Products & Services of Alchemy
Alchemy offers a comprehensive portfolio of products and services, including System Integration, Application Management Services, Consulting, London Market Solutions, and Guidewire Platform Implementation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Systems are integrated to enhance insurance operational efficiency.
Applications are managed to support insurance business processes.
Consulting is provided for insurance sector strategic growth.
Tailored solutions are offered for London Market challenges.
Guidewire platform is implemented for insurance digital transformation.
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Funding Insights of Alchemy
Alchemy has successfully raised a total of $32.81K through 1 strategic funding round. The most recent funding activity was a Seed round of $32.81 thousand completed in April 2019. 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 — $32,814
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First Round
First Round
(05 Apr 2019)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Seed - Alchemy | Valuation |
investors |
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| 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 Alchemy
Alchemy has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include NTT DATA. 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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Application development, cloud, cybersecurity, and business intelligence services are provided.
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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 Alchemy
Alchemy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include r10. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Management consulting services are provided to the insurance sector.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Alchemy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Alchemy Comparisons
Competitors of Alchemy
Alchemy 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 Riskcovry, Socotra, FintechOS, ReSource Pro and eBaoTech, 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 |
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| domain | founded_year | HQ Location |
A platform for digital insurance distribution and management is provided.
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| domain | founded_year | HQ Location |
Cloud-based solutions for insurance policy management and underwriting are offered.
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| domain | founded_year | HQ Location |
AI-based software suite is provided for banking and insurance sectors.
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| domain | founded_year | HQ Location |
Insurance policy and claim management solutions for the insurance industry
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| domain | founded_year | HQ Location |
Cloud-based insurance software suites are developed for insurers and partners.
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| domain | founded_year | HQ Location |
Cloud-based software solutions for credit insurers, surety bonds & trade finance
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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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Latest news on Alchemy
Frequently Asked Questions about Alchemy
When was Alchemy founded?
Alchemy was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Where is Alchemy located?
Alchemy is headquartered in Londonderry, United Kingdom. It is registered at Londonderry, Northern Ireland, United Kingdom.
Who is the current CEO of Alchemy?
John Harkin is the current CEO of Alchemy. They have also founded this company.
Is Alchemy a funded company?
Alchemy is a funded company, having raised a total of $32.81K across 1 funding round to date. The company's 1st funding round was a Seed of $32.81K, raised on Apr 05, 2019.
What does Alchemy do?
Alchemy Technology Services Limited is engaged in delivering technology and consultancy solutions tailored for the insurance industry. Operations are focused on modernizing processes, enhancing efficiency, and driving growth across the insurance value chain, including the London Market and global specialty risks. Services such as system integration, application management, and consulting are offered, with a strong emphasis on the Guidewire platform through a PartnerConnect Advantage tier status. Cutting-edge technologies and deep industry expertise are combined to support digital transformation. A people-first culture is maintained to foster collaboration and continuous learning, while sustainable practices are integrated to reduce environmental impact. Impact is created for clients, community, and team through trusted partnerships and innovative solutions.
Who are the top competitors of Alchemy?
What products or services does Alchemy offer?
Alchemy offers System Integration, Application Management Services, Consulting, London Market Solutions, and Guidewire Platform Implementation.
How many acquisitions has Alchemy made?
Alchemy has made 1 acquisition, including r10.
Who are Alchemy's investors?
Alchemy has 1 investor. Key investors include NTT DATA.
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