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H

Hemi

Blockchain and Cryptocurrency ~580 employees
Founded
--
Employees (Est.)
~580
29 leaders known
Total Funding
$15.0M
Funding Rounds
1
Last Funding
2025-08-26

About Hemi

Hemi is a programmable Bitcoin chain that aims to scale Bitcoin beyond money, enabling true Bitcoin Finance (BTCFi). It seeks to unify Bitcoin and Ethereum ecosystems by providing advanced interoperability, security, and programmability through innovative technologies like the Hemi Virtual Machine (hVM) and Proof-of-Proof (PoP) consensus.

Products & Services

Hemi Bitcoin Kit (hBK):A toolkit to develop Bitcoin-aware smart contracts in a familiar programming environment, making advanced Bitcoin interoperability accessible.
Hemi Virtual Machine (hVM):A full Bitcoin node wrapped inside an EVM, enabling robust, efficient Bitcoin-aware smart contracts and combining capabilities of Bitcoin and Ethereum networks.
Hemi Tunnels:Secure asset transfer mechanisms between Bitcoin, Ethereum, and Hemi networks, supporting native and ecosystem tunnels with partners like Stargate and Meson.
Proof-of-Proof (PoP) Consensus:A decentralized and permissionless consensus mechanism that brings Bitcoin-level security and finality to Hemi transactions.

Specialties

Bitcoin Interoperability Bitcoin Finance (BTCFi) Ethereum Compatibility Proof-of-Proof Consensus Smart Contract Development Cross-Chain Asset Transfer

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Growth Round
T: -
FT: Growth Round
A: 15000000
MR: -
FA: $15 million
FAN: 15000000
D: 2025-08-26
FD: 2025-08-26
11 investors
Growth Round Latest
2025-08-26
$15.0M
11 investors (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

J

Jeff Garzik

energy/acc humanist, network plumber

LinkedIn (Pro only)
M

Max Sanchez

Lead Architect, Hemi Labs

LinkedIn (Pro only)
M

Maxwell Sanchez

Co-Founder

J

John Vernaleo, Ph.D

Lead Engineer

J

John C. Vernaleo

M

Marco Peereboom

Principal Engineer

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Recent News

Hemi Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

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Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
hemi.xyz
Industries
Blockchain and Cryptocurrency
Company Size
~580 employees (est.)

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Technology Stack

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