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Investing in Dune Analytics | How to Buy Pre-IPO Shares

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Investing in Dune Analytics

Dune Analytics operates as a cross-chain analytics platform designed to connect professionals globally. The protocol offers real-time insight across +100 chains and enables users to decode and share this data using AI-built charts and more. All of these features have helped Dune Analytics rise to the top of the sector.

Today, it’s leading the pack, providing 1 million monthly users access to 1.5 million datasets. These factors have driven interest in Dune Analytics shares up. However, you can’t find these assets on public exchanges like the NASDAQ. Instead, you will need to navigate the secondary markets to gain access to these exclusive assets. Here’s what you need to know to qualify for these in-demand shares.

What is Dune Analytics?

Dune Analytics entered the market in 2018. Its founders, Fredrik Haga and Mats Olsen, recognized a need to democratize access to blockchain data. They understood that this service was becoming more valuable. Additionally, the market’s expansion meant that there was a lot more data to track than ever before.

The two developers founded Dune in Oslo, Norway, after spending over a year decoding Ethereum data for one of their clients. This workload inspired them to take their approach a step further by creating a centralized location for all relevant blockchain data.

Source - Dune Analytics

Source – Dune Analytics

Their multichain approach has paid off. Today, apps, exchanges, users, and enterprise users leverage Dune Analytics to gain valuable insight into precise metrics. They can track, organize, and share this data with other professionals and team members in real-time. As such, Dune Analytics helps to bring together data engineers, marketing experts, developers, analysts, investors, and media platforms in a seamless manner.

AI-Powered

The integration of AI tools has also improved Dune Analytics’ capabilities. Users can now leverage AI to get answers, generate content, edit data, and debug queries without coding. This tool has eliminated several technical roadblocks for users and enhanced the platform’s insight.

AI chat prompts enable anyone to get the most from their data and time. Keenly, simple text prompts can return detailed and customized interactive reports that users can share with the community.

This integration has helped to enhance the UX and drive interest in Dune Analytics shares.

Analytics Studio

The Analytics Studio is one of the premier products offered to users. This protocol provides a developer-centric dashboard that makes it easy to see all vital information at a glance. It integrates +60 blockchain data pools and makes it easy for developers to access each entry as needed.

The Analytics Studio was built from the ground up to streamline development tasks. Users can discover insights, connect communities, and communicate vital data in real time across large networks. All of these features make it easier for businesses to co-create alongside other professionals.

Dune Catalyst

Dune Catalyst offers real-time blockchain data reports across both EVM and Non-EVM networks. It streamlines monitoring multiple chains, enabling users to identify trends as they emerge across networks. Dune Catalyst helps projects launch and gain momentum with helpful options such as Data Driven Co-Marketing campaigns.

Dune Catalyst is ideal for companies seeking to get their project active quickly. The company can provide onboarding as quickly as 60 days on average. Additionally, you can break your service into different subscriptions based on whether you intend to integrate Non-EVM or EVM chains into your project, enabling further price savings.

Dune SIM

Dune SIM is another developer tool that makes developers work a lot easier. This protocol helps creators launch their projects across multiple chains. The system supports +60 chains and includes helpful modules, wallets, block explorers, and other options to streamline the creative process.

Dune SIM offers developers a user-friendly interface that can scale to meet the needs of your organization. Additionally, it provides streamlined integration, enabling real-time access to vital blockchain data in record time. Notably, Dune SIM provides a plethora of information, including metadata options.

Data Share

Projects that require granular-level data can rely on the Data Share feature. It provides in-depth tracking of assets, tokens, networks, wallets, DeFi, NFTs, and more. The feature offers unlimited access to the full historical data of over +100 chains, making it a useful tool.

Data Share provides direct access to the millions of decoded smart contracts and events that Dune Analytics has composed over its years of operation. This information includes metadata and other valuable metrics broken down into easy-to-read and integrate tables, reducing developer workloads significantly.

Historical Funding Rounds

Bar chart showing Dune Analytics’ funding growth from $2 million in its 2020 Seed round, to $8 million in 2021 Series A, and $69.4 million in its 2022 Series B round.

Summary of Dune Analytics Funding:

Total Funding: Dune Analytics secured $79.4M across 3 funding rounds.

Largest Round: Dune Analytics’ largest funding round secured $69.4M on February 02, 2022.

Investors: A total of 14 institutional investors and 5 Angel investors back Dune Analytics

Latest Round: The latest funding round raised $69.4M and was a Series B round held on February 02, 2022.

Funding Rounds Breakdown:

  • 1 Seed
  • 2 Early-Stage

Key Investors:

Dune Analytics secured investment from both institutional and angel investors, including Coatue, Multicoin Capital, DRAGONFLY, Union Square Ventures, Redpoint Ventures, Hashed, Semantic Ventures, Coinbase, Alameda Research, Digital Currency Group, CoinGecko, and more.

Why Invest in Dune Analytics?

There are numerous reasons why investing in Dune Analytics could be the right move. For one, the company has successfully built the largest analyst community in the blockchain sector. It combines thousands of experts and millions of viewers. Additionally, it supports this community with advanced features like round-the-clock live support.

Unmatched Depth

Dune Analytics is the largest dataset provider in the sector. The company offers users the ability to import, decode, query, share, and store data securely. As such, its agnostic approach has helped to build transparency across the entire blockchain economy. Additionally, it has helped countless projects attract top developers and interested investors.

Security

Another major reason why Dune Analytics continues to see growth is its commitment to security and accuracy. The composite design integrates enterprise-grade SLAs and storage. Additionally, developers can securely connect to data pools using APIs, reducing integration workloads.

Funding and Investor data sourced from Tracxn

1. Pre-IPO Secondary Marketplace

Secondary markets are purpose-built exchanges that connect pre-IPO shareholders with potential investors. These marketplaces can offer these assets because they work closely with employees, early-stage investors, and venture capitalists, who are crucial to the company’s pre-IPO growth.

Investing in pre-IPO shares of Dune Analytics could offer strong returns if the company’s valuation increases following its IPO. It’s common for company valuations to increase following an IPO. As such, it makes sense to add pre-IPO shares to your portfolio before the firm announces plans to go public.

Secondary marketplaces have many requirements. Here are some concerns you should be made aware of:

Eligibility: This approach requires you to be an accredited investor, meaning you will have to show at least $1M in liquid assets to qualify for access.

2. Private Equity Firms

Private equity firms gain access to pre-IPO shares during investment rounds. They then offer these shares to high-net-worth accredited investors with a commission. Notably, private equity firms are known to have extra stipulations, including blocking the sale of shares for years in some cases.

3. Employee Equity Sales

Many consider employee equity sales as the best way to acquire pre-IPO shares in Dune Analytics. This method of acquiring pre-IPO shares requires you to connect with former employees. It’s common for companies to issue shares as part of an incentive package. Notably, this profit-sharing method has become more popular, leading to more pre-IPO share opportunities for investors.

Private Transactions: Completing a private pre-IPO transaction involves numerous steps, including creating specific legal agreements, conducting valuations, and setting in place any limitations on the transfer of the asset.

Brokerage: Brokers will take a lot of the confusion out of the pre-IPO process. These professionals can guide you through each step, ensuring full compliance and avoiding common errors untrained professionals make.

There are several risks that you should consider before jumping into the pre-IPO shares investment arena. Here are the top concerns:

Liquidity Risk

If you are looking for an asset that you can sell right away, pre-IPO shares are not the best option.

These investments can include sales and transfer clauses that prevent the transfer of the asset until certain criteria, such as the IPO’s completion, are met. It’s even common for pre-IPO shares to require you to wait years before gaining the ability to sell your assets.

Finding a Broker

If you meet the requirements and are comfortable with the risks, several platforms offer access to pre-IPO opportunities:

Forge Global: One of the largest private stock marketplaces, offering shares in late-stage startups like SpaceX, Stripe, and Databricks. Minimums typically start around $100,000.

EquityZen: A popular platform allowing accredited investors to buy into private companies with minimums as low as $5,000. Past offerings include companies like Discord and UiPath.

Rainmaker Securities: A full-service broker that helps source and negotiate private share sales, including opportunities in companies like OpenAI, Stripe, and Palantir.

Hiive: A newer platform with live bid/ask pricing for hundreds of private companies. Transparent and low-fee, with minimums starting around $25,000.

MicroVentures: Offers pooled access to late-stage companies through special purpose vehicles (SPVs), including past investments in SpaceX and Instacart.

EquityBee: Allows investors to fund employee stock option exercises at startups, often at discounted valuations, with minimums around $10,000.

Augment: A digital-first marketplace showing real-time pricing for pre-IPO shares, targeting tech-savvy investors and offering lower transaction fees.

StartEngine Private: Launched in late 2023, this platform offers accredited investors access to Regulation D offerings in later-stage, venture-backed companies. In its first nine months, it generated $16.5 million in revenue, with average investments of around $32,000

Important: Always perform thorough due diligence and consult a financial advisor before investing in private company shares.

Valuation of Dune Analytics and Future IPO

Dune Analytics secured Unicorn status after securing a $1B valuation on February 04, 2022. The company achieved this value through a combination of factors, including innovative products, a transparent pricing structure, and accurate data.

Today, Dune Analytics has a reputation for providing reliable and timely information to some of the largest and most successful blockchain firms in operation. +6 K web3 development teams currently trust it and continues to integrate powerful AI features that make its tools easier than ever to utilize.

Those holding Dune Analytics shares seek to capitalize on the firm’s rich history in the blockchain space and its growing network of clients. Notably, if Dune Analytics can remain at the forefront of cross-chain data solutions, it’s likely to see additional gains moving forward.

Investing in Dune Analytics Pre-IPO Shares | Conclusion

Holding Dune Analytics Pre-IPO shares will provide you with additional opportunities in the future. The company has cemented its position as a leading data cross-chain provider. If it succeeds in democratizing blockchain data as the market expands, there’s definitely room for growth.

However, it’s recommended that you consult a financial expert before making any pre-IPO investments. These shares differ from traditional options and can include stipulations that are unique to the asset. For those who qualify for these shares, there’s significant upside potential.

Learn about Other Pre-IPO Opportunities Now


Disclaimer: This article is for informational purposes only and does not constitute financial, legal, or investment advice. Pre-IPO shares are typically available only to accredited investors and carry significant risk. Always perform thorough due diligence and consult a financial advisor or legal expert before making investment decisions.

David Hamilton is a full-time journalist and a long-time bitcoinist. He specializes in writing articles on the blockchain. His articles have been published in multiple bitcoin publications including Bitcoinlightning.com

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