Series B · Data & Analytics · Oslo, Norway · Founded 2018 · 100–149 employees
Dune Analytics is a leading blockchain data platform founded in Oslo in 2018 by Fredrik Haga and Mats Olsen, enabling users to query, visualize, and share on-chain crypto data across 100+ chains using SQL. The platform operates a freemium model serving thousands of crypto companies, DeFi protocols, and increasingly financial institutions tokenizing real-world assets. In February 2022, Dune reached unicorn status after raising a $69.4M Series B led by Coatue at a $1B valuation, bringing total funding to ~$79.4M. In November 2024, the company acquired smlXL to strengthen real-time blockchain data capabilities. In May 2026, the company restructured around AI-native tooling — including its Dune MCP server for AI agent queries — and pivoted toward institutional onchain finance, while reducing headcount by 25%.