How Much Did Tenderly Raise?
Funding & Key Investors

Tenderly, a developer platform for Ethereum, has secured significant enterprise-level funding, with its most recent capital injection being a major strategic investment. The company has raised a total of $55.3M to date, with the latest financing round contributing $40M to its war chest. This latest round underscores the growing importance of robust tools for decentralized application development and smart contract management.

What is Tenderly?

Tenderly
SoftwareEngineering Software

Tenderly is building a comprehensive developer platform designed to empower Ethereum developers. Its suite of tools enables users to monitor, test, and manage the smart contracts that form the backbone of decentralized applications (dApps). Based in Belgrade, Serbia, Tenderly addresses a critical need in the rapidly expanding Web3 ecosystem by providing developers with the infrastructure necessary for building and maintaining complex blockchain-based systems. The company's focus on developer experience and operational efficiency positions it as a key player in the blockchain infrastructure space.

How much funding has Tenderly raised?

Tenderly has raised a total of $55.3M across 2 funding rounds:

2021

Series A

$15.3M

2022

Series B

$40M

Series A (2021): $15.3M with participation from Guillermo Rauch, Version One Ventures, Accel, Point Nine, Nicolas Dessaigne, Mirko Novakovic, and Rodrigo Martinez

Series B (2022): $40M led by Accel, Spark Capital, Abstract Ventures, Point Nine, and Uniswap Labs

Key Investors in Tenderly

Version One Ventures

Version One Ventures is an early-stage venture fund that invests in mission-driven founders in emerging markets. The firm is dedicated to supporting bold entrepreneurs with innovative ideas, enabling them to build generational tech companies.

Accel

Accel is a global venture capital firm that partners with exceptional teams from the inception of their ideas through all phases of private company growth. The firm focuses on supporting innovative companies and entrepreneurs.

Spark Capital

Spark Capital, investors in products we love by creators we admire. They invest across all sectors and stages, and work out of San Francisco, Boston, and New York City.

What's next for Tenderly?

With its recent major strategic investment, Tenderly is poised for accelerated growth and platform expansion. The substantial capital infusion, particularly in the context of enterprise-level funding, suggests a strategic focus on scaling its operations, enhancing its product offerings, and potentially broadening its market reach within the decentralized finance (DeFi) and broader blockchain development communities. This backing will likely enable Tenderly to further solidify its position as an indispensable tool for dApp developers navigating the complexities of smart contract development and deployment.

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Frequently Asked Questions Regarding Tenderly Financial Insights

What are the most recent funding rounds that Tenderly has completed, and what were the funding rounds?
Tenderly has recently completed 2 funding rounds: Series B on Mar 2, 2022, Series A on Jul 30, 2021.
What is the total amount of funding Tenderly has raised to date?
Tenderly has raised a total of $55.3M in funding to date.
How many funding rounds has Tenderly completed?
Tenderly has completed 2 funding rounds.
How much funding did Tenderly raise in its most recent funding round?
Tenderly raised $40M in its most recent funding round.
Who are the lead investors in Tenderly's latest funding round?
The lead investor in Tenderly's latest funding round was Accel. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tenderly's history?
The largest funding round in Tenderly's history was $40M.
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