Magna

company

About

Magna develops a token vesting and DeFi investment management platform.

  • 11 - 50

Details

Last Funding Type
Seed
Last Funding Money Raised
$15.20M
Industries
Finance,Financial Services,FinTech
Founded date
Jan 1, 2022
Number Of Employee
11 - 50
Operating Status
Active

Magna develops a token vesting and DeFi investment management platform. The company's first product is Carta for Web3, where companies can manage their cap tables and distribute their token equity to employees, advisors, or investors. It aims to use locked tokens as composable building blocks to power collateralized lending, liquid secondary markets, and other DeFi applications.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$15.20M
Magna has raised a total of $15.20M in funding over 2 rounds. Their latest funding was raised on Sep 15, 2022 from a Seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 15, 2022 Seed $15.20M 2 Tusk Venture Partners Detail

Investors

Number of Lead Investors
Number of Investors
1
2
Magna is funded by 2 investors. Tusk Venture Partners and Protocol Labs are the most recent investors.
Investor Name Lead Investor Funding Round
Tusk Venture Partners Yes Seed
Protocol Labs Seed