About Narwhal Finance
Narwhal Finance is a company based in Pasadena (United States) founded in 2022.. Narwhal Finance has raised $1 million across 1 funding round from investors including Animoca Ventures and Hailstone Venture Group. Narwhal Finance offers products and services including Trading Engine, Social Trading, and Narwhal Vault. Narwhal Finance operates in a competitive market with competitors including Currensee, CharacterX, Rain Platforms, MadFi and Qure.Finance, among others.
- Headquarter Pasadena, United States
-
Sectors
Financial ServicesTechnology
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$1 M (USD)
in 1 rounds
-
Latest Funding Round
$1 M (USD), Seed
Mar 24, 2023
-
Investors
Animoca Ventures
& 1 more
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Narwhal Finance
Narwhal Finance offers a comprehensive portfolio of products and services, including Trading Engine, Social Trading, and Narwhal Vault. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Enables trading of synthetic assets with deep liquidity and minimal slippage.
Allows users to follow traders and earn returns through gamified features.
Facilitates real yield on stablecoins without token volatility risks.
Funding Insights of Narwhal Finance
Narwhal Finance has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in March 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Seed — $1.0M
-
First Round
First Round
(24 Mar 2023)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Seed - Narwhal Finance | Valuation | Animoca Ventures |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Narwhal Finance
Narwhal Finance has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Animoca Ventures and Hailstone Venture Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
-
|
Founded Year | Domain | Location | |
|
Early-stage investments in Web3 and blockchain companies are provided.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Narwhal Finance
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Narwhal Finance
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Narwhal Finance Comparisons
Competitors of Narwhal Finance
Narwhal Finance operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Currensee, CharacterX, Rain Platforms, MadFi and Qure.Finance, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Social trading platform for forex assets
|
|
| domain | founded_year | HQ Location |
Decentralized synthetic social network
|
|
| domain | founded_year | HQ Location |
Automated social investing and trading platform is provided for users.
|
|
| domain | founded_year | HQ Location |
Blockchain-based platform for crypto social clubs and rewards.
|
|
| domain | founded_year | HQ Location |
An investment platform offering social-media-style trading insights
|
|
| domain | founded_year | HQ Location |
Social money pooling is facilitated for communities via group chats.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Frequently Asked Questions about Narwhal Finance
When was Narwhal Finance founded?
Narwhal Finance was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Where is Narwhal Finance located?
Narwhal Finance is headquartered in Pasadena, United States. It is registered at Pasadena, California, United States.
Is Narwhal Finance a funded company?
Narwhal Finance is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Mar 24, 2023.
What does Narwhal Finance do?
Narwhal Finance was established in 2022 in Pasadena, United States, within the financial services sector. An online platform is maintained for trading across multiple markets, including stocks, indexes, and cryptocurrencies. Various trading strategies are offered to accommodate users differing preferences. Operations are centered on digital access to these assets from the specified location.
Who are the top competitors of Narwhal Finance?
Narwhal Finance's top competitors include Currensee, CharacterX and Qure.Finance.
What products or services does Narwhal Finance offer?
Narwhal Finance offers Trading Engine, Social Trading, and Narwhal Vault.
Who are Narwhal Finance's investors?
Narwhal Finance has 2 investors. Key investors include Animoca Ventures, and Hailstone Venture Group.