BlockJoy Secures $11M From Gradient Ventures, Draper Dragon to Launch Decentralized Blockchain Operations

[PRESS RELEASE – Boston, MA, 2nd February 2023]

Helium co-founder and early founding team member launch a whitelabel blockchain nodes-as-a-service startup to reduce operating costs by up to 80 percent for enterprises running nodes for Staking and APIs as a service.

BlockJoy is building the Web3 version of AWS on decentralized infrastructure, while still providing a cloud-like experience.

The company’s patented technology offers customers a straightforward point-and-click user interface (UI) to run blockchains on any infrastructure.

BlockJoy, the company providing a whitelabel blockchain nodes-as-a-service for node hosting enterprises, today announced the successful close of nearly $11 million in combined Seed + Series A funding from Gradient Ventures, Draper Dragon, Dragon Roark, Active Capital, Borderless HNT, and Renegade Ventures, among others. The funding will be used to support the launch of BlockVisor, the company’s patented node management software, which is now open for beta sign-ups. BlockJoy enables customers to deploy and run decentralized blockchain nodes on any infrastructure while maintaining a cloud-like experience at up to 80 percent cost reduction from traditional cloud providers.

Created to combat the lack of decentralized infrastructure suitable for blockchains, BlockJoy provides a node management solution that is two to three times less expensive than traditional cloud providers. Enterprises can deploy and manage blockchains, nodes, validators and ETLs (extract, transform, load) with a click of a button, anywhere in the world.

BlockJoy began as a staking service side project for CEO Chris Bruce and CTO Sean Carey’s friends and families. However, the venture quickly took off once the founders began leveraging their platform to run nodes for businesses. Prior to founding BlockJoy, Bruce was on the founding team of four venture-backed companies with two exits, including Lumeo, Diversion, Sproutling (acquired by Mattel),…


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