What is Tenderly?
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:
Series A
$15.3M
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.
See full Tenderly company page