Blocktorch
A multi-chain observability platform for log, metrics and traces in any smart contract.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor investor investor investor investor investor investor investor investor investor investor investor investor | €0.0 | round | |
* | N/A | Acquisition | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Blocktorch is an innovative startup that specializes in providing an observability platform tailored for the web3 ecosystem. The company offers a comprehensive suite of tools designed to help engineering teams develop, monitor, troubleshoot, and optimize decentralized applications (dApps) and services from start to finish. This platform is particularly beneficial for developers working with smart contracts and other blockchain-based technologies.
Blocktorch serves a niche market of web3 developers and engineering teams who are building decentralized applications. These clients require robust tools to ensure their applications perform well and provide a seamless user experience. As dApps grow and attract more users, maintaining high performance and reliability becomes crucial, and this is where Blocktorch steps in.
The business model of Blocktorch revolves around offering a subscription-based service. Clients pay for access to the platform's features, which include real-time monitoring of smart contract events, state variables, and transaction data. The platform also offers alerting and notification systems to detect issues proactively, log analysis for efficient troubleshooting, and customizable dashboards for data-driven decision-making. By providing these services, Blocktorch helps engineering teams be more productive and make informed decisions about their dApp's performance and health.
Blocktorch generates revenue through these subscription fees, which vary based on the level of service and features required by the client. The company may also offer premium features or enterprise-level solutions at higher price points, catering to larger organizations with more complex needs.
In summary, Blocktorch is a specialized observability platform for web3 developers, offering tools to monitor, troubleshoot, and optimize decentralized applications. It operates on a subscription-based model, serving a niche market of engineering teams focused on blockchain technology.
Keywords: web3, observability, decentralized applications, smart contracts, real-time monitoring, troubleshooting, data-driven, engineering teams, blockchain, subscription-based.