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subsquid.io

Founded Year

2021

Stage

Seed VC | Alive

Total Raised

$3.8M

Last Raised

$3.8M | 9 mos ago

About Subsquid

Subsquid is a query node framework for Substrate-based blockchains.

Subsquid Headquarter Location

Husenstrasse 17

Berneck, 9442,

Switzerland

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Expert Collections containing Subsquid

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Subsquid is included in 1 Expert Collection, including Blockchain.

B

Blockchain

4,660 items

Companies and startups in this collection leverage blockchain technology for crypto trading, decentralized finance (DeFi), NFTs, and more.

Latest Subsquid News

Subsquid Raises $3.8M in Seed Round Led by Hypersphere Ventures

Nov 12, 2021

November 12, 2021 08:55 ET Zug, Switzerland, Nov. 12, 2021 (GLOBE NEWSWIRE) -- Subsquid has closed its strategic seed round with a lead investment by Hypersphere Ventures . The September round, totaling $3.8 million, was signed by more than 20 influential Polkadot and crypto investors including four projects that currently use the Subsquid APIs, signaling strong support by key-stakeholders. Subsquid is an innovative node query framework and node-as-a-service provider for Substrate-based blockchains. The platform can process thousands of on-chain events and transactions in a single batch, even if they are spread out across many blocks. This means DotSama developers can get their node queries in sync much faster compared to direct node access. Paired with the highest level of SQL query customization with custom GraphQL resolvers, the functionality and speed sets Subsquid apart from other projects. Subsquid’s services and the flagship open-source framework, Hydra, are already utilised by a number of projects in the Polkadot ecosystem, most notably Chainflip , HydraDX , Joystream , Subsocial , Threefold and Zeitgeist . Dmitry Zhelezov, Technical Co-Founder, on the successful closure of the seed round: "I want to take the opportunity to thank our early investors for the immense support we have received during this early stage of our project. We are looking forward to rolling out more functionalities in the coming weeks, allowing blockchain developers to harness Subsquid’s next generation technology and take DApps to a new level of speed and functionality.” Jack Platts, Co-Founder of Hypersphere Ventures, added: “I am excited to be supporting Subsquid as one of the key infrastructure pieces for the parachain ecosystem. DotSama developers need reliable and fast endpoints to power their frontends and other blockchain-interfacing apps, and Subsquid is already serving that need with a number of parachain projects. The technical challenge to offer reliable Polkadot endpoints was immense, so we’re happy to back a team that is making it happen.” The mission of Subsquid is to bring scalable data APIs to Web 3.0 by transforming a traditional SaaS model into a DAO with open participation. The Subsquid DAO replaces the standard approach of redundant monolithic network nodes with heterogeneous workers. The workers are incentivized and are subject to on-chain accountability and democracy. The SQD token is the main unit of accounting within the Subsquid DAO. It has multiple use-cases and can be described as a hybrid payment, governance and work token. About Subsquid Subsquid is a game-changing protocol for DotSama developers that services complex queries in a fraction of the time usually needed thanks to its powerful architecture. Its unique two-tier approach provides developers with rapidly decreasing data retrieval times and boosts API reliability, while its high level of customizability makes it the ideal query protocol for substrate-projects of any type and scale.

Subsquid Web Traffic

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  • When was Subsquid founded?

    Subsquid was founded in 2021.

  • Where is Subsquid's headquarters?

    Subsquid's headquarters is located at Husenstrasse 17, Berneck.

  • What is Subsquid's latest funding round?

    Subsquid's latest funding round is Seed VC.

  • How much did Subsquid raise?

    Subsquid raised a total of $3.8M.

  • Who are the investors of Subsquid?

    Investors of Subsquid include Faculty Group, 0xVentures, Illusionist Group, Chainflip, DIA and 7 more.

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