C
ScaleupMixedVERIFIED

Chainalysis

New York, NY, USA• Founded 2014500-1000 employees

Chainalysis is a blockchain analytics company that provides investigation and compliance software to help governments, exchanges, and financial institutions monitor and analyze cryptocurrency transactions. Its tools are used to detect illicit activity, support law enforcement investigations, and meet regulatory requirements in the digital asset ecosystem.

AI Strategy

Chainalysis embeds data science and machine learning into its blockchain analytics platform to cluster addresses, identify patterns of illicit activity, and score risk on cryptocurrency transactions at scale. The company positions itself as critical infrastructure for compliant digital asset markets, combining proprietary on-chain data, ML models, and human intelligence to support law enforcement, regulators, and financial institutions.

Key AI Products

Chainalysis ReactorChainalysis KYT (Know Your Transaction)Chainalysis Market IntelChainalysis Storyline

Financials

Employees
500-1000

Funding

Total Raised
$500M+
Last Round
Series F
2022-05
Valuation
$8.6B (2022, reported)
Key Investors
Coatue, Accel, Addition

Business Focus

Blockchain analyticsCrypto complianceFinancial crime detectionRegulatory technology (RegTech)

Competitive Analysis

Strengths

  • Large proprietary blockchain data set and extensive address clustering
  • Strong relationships and contracts with law enforcement and regulators
  • Reputation and brand as an early leader in blockchain analytics
  • Broad product suite covering investigations, compliance, and market intelligence
  • High switching costs for institutional customers once integrated

Challenges

  • High pricing relative to some newer competitors
  • Perceived concentration on law enforcement and compliance may limit appeal to privacy-focused users
  • Regulatory and crypto market cyclicality can impact demand and budgets
  • Dependence on continued access to blockchain and exchange data sources

Strategic Partnerships

BinanceTechnology

Blockchain analytics and compliance tools to support Binance’s transaction monitoring and investigations.

RobinhoodTechnology

Provides blockchain data and analytics to support Robinhood’s crypto compliance and risk management.

U.S. government agencies (e.g., IRS, FBI, DOJ)Technology

Long-term contracts to provide blockchain analysis tools and investigative support for law enforcement and tax enforcement.

Competitors

Industries