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OnFinality

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SingaporeFounded 2019Other B2B Software
Valuation $50–100M Last recorded · 2022
Revenue $1–10M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About OnFinality

OnFinality operates as a Blockchain-as-a-Service (BaaS) provider, offering scalable infrastructure and developer tools for the Web3 ecosystem. The company was founded in 2019 by Sam Zou, who also serves as the CEO. Based in Auckland, New Zealand, OnFinality emerged from the founder's own challenging experiences with managing decentralized infrastructure. This developer-first perspective shaped the company's mission to simplify blockchain DevOps, allowing development teams to focus on creating their applications rather than managing complex infrastructure.

The company's history began in 2018 as an internal project to streamline infrastructure management. By 2019, it had formalized its operations and was developing automated network testing for clients like Acala. A significant milestone occurred in 2020 with the launch of a robust and scalable API service for the Polkadot and Kusama networks. This was followed by a move to support a multi-chain future in 2022, expanding its services to other major ecosystems. The company has secured $6.38M in funding, with investors including Delta Blockchain Fund and The University of California.

OnFinality's business model is centered on providing mission-critical infrastructure as a subscription-based service. It serves a wide range of clients, from individual dApp developers and smaller teams to large-scale network developers and enterprises building on the blockchain. The core of its offering is a suite of tools designed to automate the deployment, testing, scaling, and monitoring of blockchain nodes. This is achieved through several key products. The Enhanced API Service offers globally distributed, scalable RPC and WSS endpoints, ensuring high availability (99.99% uptime) and performance for applications. The company also provides one-click deployment of dedicated nodes on major cloud platforms like AWS, GCP, and Alibaba Cloud. For developers in the early stages, OnFinality offers network prototyping tools to automate the setup of new test networks. Furthermore, its Indexer Services provide enterprise-level data indexing hosting, which is critical for dApps that need to query blockchain data efficiently. The company supports over 131 networks, including prominent ecosystems like Ethereum, Avalanche, Cosmos, and Polkadot, and has processed hundreds of billions of API requests.

Source: Dealroom company data

At a glance

Status
Operational
Founded
2019
Headquarters
Singapore
Employees
6
Open positions
None listed
Dealroom signal
48.3/100
Industry
Enterprise Software
Sector
Other B2B Software, Hard Tech
Technology
Blockchain
Business model
SaaS
Client focus
b2b, b2c

Funding history

1 recorded event

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
SEEDOther financing May 2022 $10M $40M Undisclosed —
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Financials

Revenue over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

YearRevenueGrowth
2026
2025
2024
2023 —
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Growth signals

OnFinality website traffic

Latest recorded traffic for OnFinality is 6.5K monthly website visits, down 23.5% over the last three months. OnFinality's team declined 25% over the past year.

Latest monthly visits6.5K 3-month web change-23.5% 1-year team growth-25%
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Similar companies

Closest operating peers by Dealroom taxonomy

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Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

1 investor on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors1 additional known investor

  • Bitfwd
Team profiled 4 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 2 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
5 countries with
team presence
🇳🇿 New Zealand42.9%
🇭🇰 Hong Kong14.3%
🇦🇪 United Arab Emirates14.3%
🇨🇳 China14.3%
🇸🇬 Singapore14.3%
5 countries shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about OnFinality on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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