Covalent vs Onchain
Covalent
The data infrastructure for the onchain economy. Verified data across 100+ chains
46 employees · est. 2018 · Canada
Onchain
Data Trusted, Value Freed. Help each organization to embrace blockchain
46 employees · est. 2016 · Shanghai, China
Onchain is the older company (2018 vs 2016).
Side-by-Side Comparison
| Metric | Covalent | Onchain |
|---|---|---|
| Founded | ||
| Founded | 2018 | 2016 older |
| Headquarters | ||
| Headquarters | Canada | Shanghai, China |
| Employees | ||
| Employees | 46 | 46 |
| Industry | ||
| Industry | Blockchain, Fintech, Information Technology | Fintech, Information Technology |
| Funding Stage | ||
| Funding Stage | Not tracked yet | Series B |
| Total Funding | ||
| Total Funding | $35.10M | Not tracked yet |
| Funding Rounds | ||
| Funding Rounds | 7 | 2 |
| Services | ||
| Services | Unified Onchain Data, Data Structuring and Verification, Multichain Data Indexing, API for Blockchain Data, Real-time and Historical Data Delivery | Not tracked yet |
| Target Customers | ||
| Target Customers | Developers, Blockchain Applications, AI and Autonomous Systems, DeFi Platforms, Financial Services Moving Onchain | Not tracked yet |
| Taxonomy | ||
| Taxonomy | Blockchain TechnologyDistributed Ledger TechnologyRead-ScalabilityUnified APIData InfrastructureEnterprise Blockchain Solutions +9 | Blockchain TechnologyOpen-sourceDistributed LedgerTechnology CompanyIndustry SolutionsBusiness Operations +8 |
| Website | ||
| Website | covalenthq.com | onchain.com |
About Covalent
Covalent is a pioneering technology company addressing critical infrastructure challenges that hinder blockchain adoption. By merging centralized databases with burgeoning blockchain technologies, Covalent is poised to transform sectors such as finance, retail, and personal identity. The company's f...
About Onchain
Onchain is a leading blockchain technology company in China, founded in 2016. Its slogan, "Data Trusted, Value Freed. Help each organization to embrace blockchain," encapsulates its commitment to building an open-source and transparent trust scheme. Onchain operates within the fintech and informatio...
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Compiled from the BounceWatch company index. We last looked at Covalent on 14 Apr 2026, and Onchain on 12 Sep 2024. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.