Dune Analytics
Dune is the default query and dashboarding layer for on-chain data — a Metabase-style analytics platform where 600K+ analysts write SQL against decoded blockchain state across 42 networks. The product is now embedded in the daily workflow of nearly every serious crypto team.
The company monetizes through paid API access, dashboard hosting, and an enterprise data warehousing tier launched in 2025 that competes directly with Snowflake for institutional crypto data needs.
ARR is on pace to cross $46M in 2026, with net-dollar retention above 130% and a Fortune 500 pipeline that includes three of the largest banks now piloting Dune Enterprise.
The default query layer for onchain data. We backed the Series A on the thesis that every serious crypto team would eventually run their internal analytics through Dune.
Fredrik Haga
CEO & Co-FounderMats Olsen
CTO & Co-FounderBoxer Zhao
VP EngineeringSarah Chen
Head of Growth- 2018Founded in Oslo
- 2020Product-market fit with crypto Twitter
- Q2 2021Oryon Series A
- Q3 2025Enterprise tier launch
600K registered analysts, $46M ARR, expanding into enterprise data warehousing.
“Dune has become the SQL layer of the entire industry.”
— Fortune Crypto, 2025