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Web3 Graveyard
DiscontinuedOnchain analyticsDeFi and NFT markets2020–2026

Parsec Finance

Its terminal also offered APIs for onchain agents

A configurable analytics terminal for visualizing onchain activity across DeFi and NFTs.

Capital raised (announced)
Estimated

Two disclosed financing events; dates not established.

Funding

RoundDateAnnouncedInvestors
Seed financingUnknownNot disclosed
Funding extensionUnknownNot disclosed

Announced is what was said at the time. Cash actually received is rarely disclosed and is not assumed to match.

People

NameRolePeriodNowLast checked
Will Sheehan—Not establishedOct 2026

Timeline

  1. 2021

    The Block reports that Parsec’s product launched in early 2021.

How it ended

CEO Will Sheehan said the DeFi lending and leverage landscape had changed and that the company had struggled to regain traction after FTX. Bitcoin.com reported a wind-down and the start of prorated subscription refunds.

Still alive

Open spot

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Sources

3 sources behind this page.

  1. 1DeFi Analytics Firm Parsec Shuts Down After Five Years · Bitcoin.com News · Feb 2026
  2. 2Parsec Finance company profile and funding · Crunchbase · user-editable
  3. 3Onchain analytics tool Parsec is winding down operations · The Block

Every figure above is clickable and opens the sources behind it. Copies were stored when each source was read, so a citation still resolves after the page it came from is gone.

Parsec Finance · Web3 Graveyard