Amberdata
AcquiredFremont, US · Founded 2017 · Delaware corporation · 41 employees on LinkedIn · 12 known investors
Amberdata provides institutional-grade data, analytics, and infrastructure solutions for digital assets and Web3, covering market data, portfolio and risk management, compliance, and tax management. It serves financial institutions operating across spot, futures, options, and multiple blockchains in both centralized and decentralized markets.
Also known as Amberdata, Inc.
Founders & leadership
Amberdata was founded in 2017 by Joanes Espanol, Tongtong Gong, and Shawn Douglass.
Board
Investors · 12
Also in the syndicate · 6
Reported raises · per SEC filings
Form D private placements$47.3M disclosed across 3 rounds · 2017–2022
▶$30MraisedMay 2022 · 13 investors · Other TechnologyRule 506(b)
- Tongtong GongExecutive Officer, Director
- Shawn DouglassExecutive Officer, Director
- Lars LeckieDirector
- Siris SinghDirector
- Offering amount
- $30M
- Amount sold
- $30M
- First sale
- Mar 2022
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$15.2MraisedSep 2021 · 26 investors · Other TechnologyRule 506(b)
- Siris SinghDirector
- Shawn DouglassExecutive Officer, Director
- Lars LeckieDirector
- Tongtong GongExecutive Officer, Director
- Offering amount
- $15.2M
- Amount sold
- $15.2M
- First sale
- Sep 2021
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
▶$2.1MraisedOct 2017 · 4 investors · Other TechnologyRule 506(b)
- Joanes EspanolExecutive Officer, Promoter
- Tongtong GongExecutive Officer, Promoter
- Shawn DouglassExecutive Officer, Director, Promoter
- Lars LeckieDirector
- Offering amount
- $2.3M
- Amount sold
- $2.1M
- First sale
- Oct 2017
- Incorporated
- Corporation, Delaware, 2017
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Company profile
researched Aug 2026Amberdata provides data, analytics and infrastructure for digital assets, aimed at financial institutions that need to research, trade, and manage risk and compliance in crypto markets. Its product set spans enterprise data (crypto market data across spot, options and futures, blockchain and DeFi data, RWA data, and wallet intelligence), analytics and predictive insights (market insights, derivatives analytics, liquidity analytics), market intelligence products (Amberdata Intelligence, an AI-driven market intelligence hub, and Amberdata Derivatives, an options analytics platform), reference rates, indices and benchmarks used for ETF pricing, NAV calculations and derivatives settlement, risk and portfolio management tools, tax and regulatory compliance infrastructure, asset reference and classification (a security master dataset with non-hierarchical asset classifications), and a research function publishing derivatives market analysis, market updates, quarterly reports and back-tested strategies.
The company frames the problem it addresses as the fragmentation of digital asset markets, which span spot, futures and options instruments across multiple blockchains and both centralized and decentralized venues, each with distinct data structures and liquidity profiles, compounded by evolving regulatory requirements. Its stated mission is to define and lead the global financial infrastructure market for digital assets by supplying integrated, end-to-end data, intelligence and analytics that cover the full trade lifecycle from front office through back office.
In 2026 Amberdata was acquired by Kaiko; the company's homepage presents the combination as creating a regulated and independent data, analytics, indices and data infrastructure provider for digital assets extending from crypto to tokenized assets. As of the sources reviewed, Amberdata continued to sell its API and maintain live documentation.
Founding story
Co-founder Tongtong Gong, a computer science graduate who spent over 15 years building data integration, data analytics and data products before serving as a VP of engineering, became interested in crypto assets, blockchain technology and smart contracts in 2016 and 2017. She found a lack of data analytics to explain what was actually happening beyond project white papers, and identified a market gap for tools that explain smart contract activity and token economics and the drivers behind transactions. She founded Amberdata with co-founder Shawn Douglass to fill that gap.
Business model
Amberdata sells data, analytics and infrastructure products to institutions, delivered primarily as APIs and data feeds. Market data is offered in tiers — Market Data (live and historical prices across spot, options and futures without granular order book data), Market Data Advanced (adding low-latency granular order book events, tickers and snapshots), and a Spot Market Analytics add-on covering order book pressure and depth, price impact and slippage, and trade frequency and pressure. Market data is also available to purchase online. A third-party review states Amberdata publishes no API prices, listing a Startup tier and an Enterprise tier that both route to a quote form, with no API free tier and trial keys issued on request.
Subscription/commercial licensing of data products and analytics platforms, sold in packaged tiers with add-on modules; pricing is quote-based according to third-party review, with some market data purchasable online. The CEO said in May 2022 that revenue doubled in the first quarter of that year.
Traction
The company reports coverage of more than 1,000 centralized and decentralized exchanges, over 500,000 trading pairs, more than 13 years of historical data, and 99.99% API uptime over a 180-day period. It states that its research is used by hundreds of institutions and global news organizations. In May 2022 the CEO said revenue had doubled in the first quarter of 2022 amid institutional adoption.
Latest developments
Kaiko acquired Amberdata, announced on Amberdata's homepage and dated 2 June 2026 by a third-party source, with the deal closing in June 2026 and financial terms kept confidential. That source notes Amberdata's API and documentation remained live with no sunset notice, while flagging overlap between the two firms' reference data, pricing feeds and derivatives analytics. Amberdata also markets Amberdata Intelligence, an AI-driven institutional market intelligence hub, and reports three industry awards in 2025.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Amberdata positions itself as a leading provider of institutional digital asset data, and in its 2022 Series B announcement described itself as the only provider offering granular historical and real-time fundamental (on-chain), DeFi and market data in one place, removing the need to integrate multiple vendors. A third-party comparison guide credits it with an institutional-grade stack and unusually deep options analytics, while citing lack of published pricing, absence of a free API tier, no official Model Context Protocol server, and post-merger product-overlap uncertainty with Kaiko as reasons buyers evaluate alternatives such as CoinStats API, Coin Metrics, Laevitas, Tardis.dev, Block Scholes, Glassnode and Dune. The company reports awards in 2025 including the US FinTech Awards Crypto Award, Global Brands Magazine's Most Innovative Digital Asset Research Platform USA, and Hedgeweek's Alternative Data Provider of the Year.
Amberdata emphasizes a single normalized view combining on-chain/fundamental data, DeFi protocol data, market and derivatives data, which it says removes the need to source and integrate multiple vendors. Additional differentiators cited include depth of historical coverage, granular L2 order book data, options and volatility analytics, warehouse-native delivery into Snowflake and similar platforms, and compliant reference rates and benchmarks suitable for ETF pricing, NAV calculation and derivatives settlement.
Technology
Amberdata ingests, decodes and normalizes real-time and historical data across more than 1,000 centralized and decentralized exchanges and multiple blockchains, presenting it through a unified interface. Delivery options include REST/HTTP APIs, WebSocket streams for low-latency real-time updates, CloudSync for large historical datasets, Parquet files in AWS S3, and SQL-ready datasets in cloud warehouses such as Snowflake (a third-party source also cites Databricks). Datasets cover on-chain metrics, DeFi protocol flows, granular L1/L2 order books, trades, OHLCV, VWAP/TWAP, funding rates, open interest, long/short ratios, liquidations, and derivatives analytics including Greeks, implied volatility surfaces and gamma exposure.
Go-to-market
Direct enterprise sales driven by demo requests and quote-based pricing, supported by developer documentation, API endpoint guides, a data dictionary and a research library. Amberdata publishes corporate, derivatives and engineering blogs plus research reports used by institutions and news organizations. Proceeds from the 2022 Series B were designated for expanding go-to-market activity in the United States and internationally and building out a customer success team.
Financial institutions and professional investors, including asset managers, trading firms and desks, investment banks, central banks, corporate treasuries, wealth managers, venture capital firms, fintechs, and regulators and public sector bodies.
Geography
Headquartered in the United States, with 2022 Series B proceeds directed at go-to-market expansion in the United States and internationally. Customer segments referenced include global venues, central banks and regulators; European benchmark regulation is cited by a third-party source as relevant context for reference rate and index providers.
History
Amberdata was co-founded by Tongtong Gong and Shawn Douglass following their 2016-2017 exploration of blockchain data gaps. It raised a $30 million Series B in May 2022 led by Knollwood Investment Advisory, following earlier backing from investors including Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets and Boldstart Ventures. According to a third-party guide, its options analytics business began as Genesis Volatility in 2022 and was later rebuilt as Amberdata Derivatives. In 2026 Amberdata was acquired by Kaiko, with terms undisclosed.
Risks & controversies
A third-party comparison guide identifies post-acquisition consolidation risk, arguing that substantial product overlap between Kaiko and Amberdata in reference data, pricing feeds and derivatives analytics creates uncertainty about which platform survives, with no published timeline. It also cites lack of published API pricing, absence of an API free tier, trial keys only on request, cost as a barrier for smaller teams, and the absence of an official Model Context Protocol server for AI agent tooling. This source is a competing vendor's blog and discloses its own bias.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 8
by search overlap
Companies competing with Amberdata for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 6
launches, deals, and filingsKaiko acquired Amberdata; terms were not disclosed. Amberdata's homepage describes the transaction as creating a regulated and independent data and analytics, indices, and data infrastructure company for digital assets. A third-party analysis dates the acquisition to 2 June 2026 and notes the deal closed in June 2026, with Amberdata's API and documentation still operating and no sunset announced.
Amberdata was named Alternative Data Provider of the Year at the Hedgeweek Global Digital Asset Awards 2025.
Amberdata won the Crypto Award at the US FinTech Awards 2025.
Amberdata received the Most Innovative Digital Asset Research Platform USA 2025 award at Global Brands Magazine's Brands Review Magazine Awards 2025.
Amberdata announced a $30 million Series B led by Knollwood Investment Advisory, with participation from Susquehanna International Group, Nasdaq Ventures, NAB Ventures, Chicago Trading Company, Nexo, Coinbase and Innovius, alongside existing investors Citi, Franklin Templeton, Aspenwood Ventures, Rovida Kruptos Assets and Boldstart Ventures. Proceeds were earmarked for go-to-market expansion in the US and internationally and for product innovation including DeFi coverage, digital asset indices, and market intelligence and risk analytics applications.
$30M source ↗
According to a third-party guide, Amberdata's options analytics layer originated with Genesis Volatility in 2022 and was rebuilt as Amberdata Derivatives, providing Greeks, implied volatility surfaces and gamma exposure via API.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
Legal entities · 1
corporate structureIn the news
▸Research sources · 8
primary sources listed
- Amberdataamberdata.io · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Amberdata do?
- Amberdata supplies institutional digital asset market, blockchain, DeFi and derivatives data and analytics; acquired by Kaiko in 2026.
- Who founded Amberdata?
- Amberdata was founded by Joanes Espanol, Tongtong Gong, Shawn Douglass in 2017.
- Who are Amberdata's investors?
- Amberdata's investors include Aspenwood, Coinbase Ventures, Fenbushi Capital, Hummer Winblad Venture Partners (HWVP), VU Venture Partners, Franklin Templeton.
- How much funding has Amberdata raised?
- Amberdata has disclosed $47.3M raised across 3 rounds.
- Where is Amberdata headquartered?
- Amberdata is headquartered in Fremont, US.