Funding Announcement
Two and a half years ago, we made a bet to focus entirely on accelerating Solana.
With the official close of our $21.75M fundraise, we are doubling down on our mission to increase the economic potential of the world’s developers through crypto.
Thank you to Haun Ventures and Founders Fund for co-leading our latest round, and to Foundation Capital, Chapter One, 6th Man Ventures, and Spearhead for their continued support.
Solana’s Rapid Growth
Solana is hitting all-time highs and eclipsing Ethereum across important on-chain metrics like Real Economic Value (i.e. the total revenue generate from fees and MEV).
With so much activity on Solana, the demand has never been greater for scalable RPCs, expressive APIs, and reliable methods for landing transactions competitively.
Building a Founder-First Developer Platform
Today, our Solana RPCs and APIs are powering hundreds of projects – from crypto’s largest teams like Coinbase, Paxos, and Ledger to Solana’s biggest DeFi super apps like Jupiter, and crypto’s most ambitious primitives like Helium and Hivemapper.
To increase the world’s economic potential through crypto, we are committed to building the best Solana developer platform, so founders can build generational crypto apps with confidence.
"Anyone that has tried to build on Solana without Helius knows that it's a painful experience. This is antithetical to the nature of Solana: the chain is cheaper, faster, and easier for users, so why is it so hard for builders to use? Helius is solving this issue at scale with a full stack Solana developer platform. This type of vertically integrated stack, custom-made for Solana, is exactly what developers need to focus on their actual application rather than the nuances of building on Solana."
— Bridget Harris, Associate at Founders Fund
Running Solana’s Top Validator
In May 2024, we announced the Helius validator and the hSOL liquid staking token.
By July 2024, we became Solana’s top validator by stake.
Today, we serve over 25,000 hSOL holders, stakers, and world-class institutions.
By returning 100% of Solana inflation rewards and 100% of MEV rewards to stakers, we provide institutions and individuals access to Solana’s highest APYs.
For example, over the last 10 epochs (699-709) our validator averaged ~9.54% APY.
By implementing multiple performance improvements to increase staking rewards, maintaining fallback replicas with automatic failovers to avoid downtime, and helping drive network-wide optimizations through governance, we are increasing bandwidth and reducing latency on Solana.
What's Next: Scaling Developer Success
Despite Solana’s renaissance over the last 16 months, and it’s top 5 position across all of crypto, there is still much work to be done.
We're excited to announce a series of brand new products over the next quarter that will 10X the Solana developer experience for every founder.
Here’s what to expect:
- Faster and more expressive reads for Solana archival data
- Faster and more reliable data streaming
- Support for new SVM networks and network extensions
[Helius has] proved themselves as the infrastructure provider of choice to take on some of the most ambitious developer-focused challenges in the ecosystem. In the quest to bring 1 billion users onchain, Solana's infrastructure challenges will only become more demanding and we believe Helius will continue to play a pivotal role.
— Breck Stodghill, Partner at Haun Ventures
Help Build the Future
If you want to accelerate world computing, solve hard engineering problems, and make Solana the most developer-friendly blockchain, we want to talk to you.
We're looking for people who want to:
- Build low-latency, high scale distributed systems
- Shape the future of Solana and hence all of crypto
- Work with a team of crypto’s best engineers
If this sounds like you, apply to one of our open roles.
We’re hiring backend engineers, developer experience engineers, and many more.
Get Started
To start building on Helius:
- Create an account
- Explore our documentation
- Join the community in Discord
- Follow the @heliuslabs account on X
- Learn about Solana development on our blog
