Narmi Overview
- Year Founded
-
2016
- Status
-
Private
- Employees
-
147
- Latest Deal Type
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2ndary - Private
- Investors
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10
Narmi General Information
Description
Developer of an omnichannel banking platform designed to automate and monitor financial transactions. The company's platform offers features such as online banking and account opening with fraud protection, multi-factor authentication, transaction review, intrusion detection system, and web application firewall, enabling financial institutions to create a diverse, frictionless, and engaging financial ecosystem.
Contact Information
Website
www.narmi.comCorporate Office
- 3 East 28th Street
- Floor 12
- New York, NY 10016
- United States
Corporate Office
- 3 East 28th Street
- Floor 12
- New York, NY 10016
- United States
Narmi Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 8. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 7. Later Stage VC (Series B) | 19-May-2022 | Completed | Generating Revenue | |||
| 6. Later Stage VC (Series A) | 01-Jan-2022 | Completed | Generating Revenue | |||
| 5. Debt - PPP | 06-Apr-2020 | Completed | Generating Revenue | |||
| 4. Seed Round | 29-May-2019 | Completed | Generating Revenue | |||
| 3. Accelerator/Incubator | 05-Dec-2018 | Completed | Generating Revenue | |||
| 2. Accelerator/Incubator | 12-Jul-2017 | $120K | Completed | Generating Revenue | ||
| 1. Accelerator/Incubator | 06-Apr-2017 | $120K | $120K | Completed | Generating Revenue |
Narmi Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A | ||||||||
| Seed | 1,365,440 | $0.000100 | $1.21 | $1.21 | 1x | $1.21 | 11.15% | |
| Seed N | 680,336 | $0.000100 | $0.4 | $0.4 | 1x | $0.4 | 5.55% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Narmi Comparisons
Industry
Financing
Details
Narmi Competitors (36)
One of Narmi’s 36 competitors is Moov (Financial Software), a Venture Capital-Backed company based in Cedar Falls, IA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Moov (Financial Software) | Venture Capital-Backed | Cedar Falls, IA | ||||
| Carta Worldwide | Formerly PE-Backed | Toronto, Canada | ||||
| MBI | Formerly VC-backed | Santa Monica, CA | ||||
| Dwolla | Private Equity-Backed | Des Moines, IA | ||||
| Nomanini | Venture Capital-Backed | Cape Town, South Africa |
Narmi Signals
Narmi Investors (10)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| FiDi Ventures | Venture Capital | Minority | ||
| Kairos Ventures | Venture Capital | Minority | ||
| University Credit Union (California) | Corporation | Minority | ||
| New Enterprise Associates | Venture Capital | Minority | ||
| Patriot Financial Partners | Growth/Expansion | Minority |
Narmi FAQs
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When was Narmi founded?
Narmi was founded in 2016.
-
Where is Narmi headquartered?
Narmi is headquartered in New York, NY.
-
What is the size of Narmi?
Narmi has 147 total employees.
-
What industry is Narmi in?
Narmi’s primary industry is Financial Software.
-
Is Narmi a private or public company?
Narmi is a Private company.
-
What is Narmi’s current revenue?
The current revenue for Narmi is .
-
How much funding has Narmi raised over time?
Narmi has raised $57.4M.
-
Who are Narmi’s investors?
FiDi Ventures, Kairos Ventures, University Credit Union (California), New Enterprise Associates, and Patriot Financial Partners are 5 of 10 investors who have invested in Narmi.
-
Who are Narmi’s competitors?
Moov (Financial Software), Carta Worldwide, MBI, Dwolla, and Nomanini are some of the 36 competitors of Narmi.
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