Flipside Crypto
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Edisyl builds a semantic layer that encodes organizational understanding of data meaning, metrics definitions, and institutional knowledge to enable enterprise AI tools to answer questions aligned with business logic. The platform includes agent-building (Forge) and fleet orchestration (Lattice) capabilities for financial-infrastructure and creative-industry firms.
Also known as Edisyl · Flipside
Founders & leadership

Investors · 10
Also in the syndicate · 1
Company profile
researched Aug 2026Flipside Crypto is a Boston, Massachusetts company founded in 2017 that historically provided blockchain data intelligence and business intelligence to crypto organizations, with analytics covering user behavior, developer activity and financial health of crypto ecosystems, and a rating system called FCAS that measured the fundamental health of cryptocurrency ecosystems [1][5][6]. Its platform analyzed blockchain networks through a process the company called "chainwalking" to assess the impact of on- and off-chain activity on holders, miners, voters and token holders, and made the resulting data free to access [4]. A third-party developer directory describes the platform as enterprise-grade, offering curated datasets, direct SQL access via Snowflake, BI-tool connectivity and AI agents across more than 30 chains, with PhD data scientists embedded in client teams [2].
According to a provider directory, Flipside subsequently sold its entire blockchain data business, including its enterprise data infrastructure, to SonarX and redirected former data customers there, while phasing out its legacy Flipspace analytics platform, which was to remain available for data export until 17 June 2026 [7]. The company now focuses on artificial intelligence under the product name Edisyl, described as offering agents, automation and onchain intelligence in plain language [7].
The current site at flipsidecrypto.com presents Edisyl as "the knowledge layer for enterprise AI" [0]. Its stated unit of value is a "Knowledge Pack" combining domain knowledge (external partner data, government and regulatory sources, market data, standards and codes, built and maintained by fleets of agents steered by subject matter experts) with proprietary knowledge (a customer's own terms, definitions, policies and data), sitting on a semantic layer that reconciles system vocabulary with the vocabulary used by staff [0].
Founding story
Dave Balter cofounded Flipside Crypto in 2017 after founding the skills-assessment company Smarterer and the social media marketing firm BzzAgent, and cofounding Intelligent.ly, which mentored Boston startup founders; he holds a B.A. in psychology from Skidmore College and joined True Ventures as a venture partner in 2021 [5][6].
Business model
Historically Flipside provided data intelligence and business intelligence tooling to crypto projects, protocols and ecosystems, with a free, open data platform for analysts alongside enterprise offerings such as curated datasets, SQL/Snowflake access and embedded data scientists [1][2][4]. A directory lists a freemium pricing model with pricing available only via sales contact [7]. Under Edisyl, the offering is a "Knowledge Pack" installed in the customer's cloud or on premises and owned by the customer, working inside AI tools the customer already runs; the site directs prospects to a contact form rather than publishing pricing [0].
Traction
At the time of its $50 million round, Flipside reported 66 employees with a target of 85 by year-end, said it had paid out $2 million in bounties in the prior year, and stated it produced 30,000 bounties in March and expected to exceed that in April [4]. The GitHub organization shows 61 repositories, though many pinned and recent ones are archived [3].
Latest developments
A provider directory reports that Flipside sold its entire blockchain data business to SonarX, redirected former data customers to SonarX, consolidated its AI work under the new product Edisyl, and set 17 June 2026 as the end of data export for the legacy Flipspace platform before shutdown [7]. The flipsidecrypto.com domain now serves the Edisyl enterprise-AI knowledge-layer site [0], and the company's GitHub organization archived an "edisyl-tools" repository in June 2026 [3].
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Flipside was described as a leading provider in blockchain analytics before its pivot, and as "crucial infrastructure" for large token portfolio positions by Republic Capital's Boris Revsin [4][7]. Its CEO Dave Balter was ranked #41 on the Boston Globe's Tech Power Players 50 list in 2023 and #46 in 2024 [5][6]. An Alchemy directory listing groups Flipside alongside web3 education resources such as Alchemy University, Layer3, RabbitHole and EasyA as alternatives [2].
Edisyl positions its knowledge layer as durable and customer-owned: context is treated as an asset with owners, versions and maintenance cost rather than a prompt, intended to outlive any individual model or vendor, and to supply both external domain knowledge (regulations, standards, taxonomies, codes) and internal definitions that models otherwise lack [0]. On the data side, Flipside cited standardized curation across 30+ chains and embedded PhD data scientists [2], and a free open data platform with bounty-based analyst incentives [2][4].
Technology
Edisyl is deployed in the customer's own cloud or on premises and works inside existing AI tools including Claude, Codex, Gemini and Copilot; it pairs agent-maintained domain knowledge with mapped proprietary knowledge over a semantic layer that reconciles system vocabulary with business vocabulary [0]. Flipside's prior data platform provided standardized, curated datasets across 30+ chains, direct SQL access, Snowflake delivery, BI tool connections and agent infrastructure for pipeline generation, anomaly detection and automated operations [2]. Public repositories include a Flipside CLI, an MCP extension for Claude Desktop, analytics workflow templates and the Edisyl CLI installer, written largely in Shell, Go, JavaScript and PLpgSQL [3].
Go-to-market
The Edisyl site uses a direct enterprise sales motion, inviting teams building on their own data to submit a contact form or email the company, with no self-serve pricing published [0]. Historically, Flipside combined a free, open data platform and structured bounty programs that attracted thousands of analysts with enterprise engagements in which PhD data scientists embedded with client teams [2][4].
Edisyl targets enterprise teams building AI on their own data, including domains with heavy regulatory and standards content; the contact form lists roles such as C-suite, VP/department head, director, manager, data/AI practitioner, IT/enterprise architecture, knowledge management and operations [0]. Flipside's earlier data platform served crypto ecosystems, protocols and enterprise finance teams, as well as crypto projects and investors [1][2][4].
Geography
Headquartered in Boston, Massachusetts, United States, with a directory listing global coverage [1][5][6][7].
History
Flipside Crypto was founded in 2017 by Dave Balter, who cofounded the company and serves as CEO; a provider directory lists Dave Balter, Eric Stone and Jim Myers as founders [5][6][7]. F-Prime Capital records an initial investment in the company in 2019 [1]. In 2022 the company raised $50 million in a round led by Republic Capital, at which point it reported 66 employees and a plan to reach 85 by year-end [4][6]. The company later sold its blockchain data business to SonarX and shifted its focus entirely to AI under the Edisyl brand, with the legacy Flipspace platform slated for shutdown after a data-export window ending 17 June 2026 [7]. Its GitHub organization, still named FlipsideCrypto, includes an archived "edisyl-tools" repository described as an Edisyl CLI installer and AI assistant skill for agent fleets on the Flipside platform [3].
Risks & controversies
The company has undergone a complete business-model transition, divesting the blockchain data business that formed its historic revenue base and shutting down the Flipspace platform used by its analyst community, which introduces execution and customer-retention risk [7]. Public code repositories associated with the prior business are largely archived [3]. Sources provide no post-pivot financial or customer metrics for Edisyl.
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.
Timeline · 6
launches, deals, and filingsThe legacy Flipspace analytics platform is being phased out; data export is available until 17 June 2026.
According to a provider directory, Flipside sold its entire blockchain data business, including enterprise-grade data infrastructure, to SonarX, and now directs customers seeking blockchain data services to SonarX.
Flipside consolidated its AI initiatives under the new product Edisyl, offering customer-owned 'Knowledge Packs' combining agent-maintained domain knowledge and mapped proprietary knowledge over a semantic layer, deployed in the customer's cloud or on premises and integrated with tools such as Claude, Codex, Gemini and Copilot.
Flipside Crypto cofounder and CEO Dave Balter was ranked #46 on the Boston Globe's 2024 Tech Power Players 50 list.
Flipside Crypto CEO and cofounder Dave Balter was ranked #41 on the Boston Globe's 2023 Tech Power Players 50 list.
Flipside raised $50 million in a Series A round from Republic Capital and others, to be used to develop its platform and hire, growing from 66 to a targeted 85 employees by year-end.
$50M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- Flipside Cryptoflipsidecrypto.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Flipside Crypto do?
- Boston blockchain-analytics firm turned AI company, now building Edisyl, a knowledge layer for enterprise AI agents.
- Who founded Flipside Crypto?
- Flipside Crypto was founded by Jim Myers.
- Who are Flipside Crypto's investors?
- Flipside Crypto's investors include Boston Seed Capital, Coinbase Ventures, Converge, F-Prime Capital, The Chernin Group (TCG Crypto), Collaborative Fund, Flucas Ventures, Resolute Ventures and 1 more.

