About Portals
Portals is a Financial Services company based in Calgary (Canada) founded in 2022 by Suhail Gangji and Nabi Ozberkman. Transaction bundling is enabled via online yield and protocol aggregation. It operates on a API-as-a-Product and Data-as-a-Service model. Portals has raised $2.6 million across 3 funding rounds from investors including Digital Currency Group, Bankless Ventures and Founder Heads. Its chief executive, as recorded, is Suhail Gangji. Its website portals.fi draws about 12 thousand monthly visits. Portals offers products and services including Portals Explorer, Zaps API, and Data API. Its focus areas include Technology, Financial Technology and Decentralized Finance (DeFi).
Company details
Portals is established as a leading platform in the decentralized finance (DeFi) sector, offering a comprehensive solution that integrates real-time and historical data, swap and zap execution, and intent-based transactions. Services are provided to developers, protocols, and traders through powerful APIs and dashboards like the Portals Explorer. Coverage spans millions of assets and thousands of protocols across major blockchain chains. Efficiency is enhanced by bundling complex DeFi operations into single transactions, reducing gas costs and slippage. The platform is utilized by various DeFi applications for analytics, market data, and seamless asset swaps.
- Headquarters Calgary, Canada
- Founders Suhail Gangji, Nabi Ozberkman
- SectorsFinancial Services
- Website portals.fi
- Social LinkedIn X
- Total Equity Funding$2.6M (USD)
in 3 rounds
- Latest Funding Round$500K (USD), Seed
Sep 2023
- InvestorsDigital Currency Group
& 8 more
Products & Services of Portals
Portals offers a comprehensive portfolio of products and services, including Portals Explorer, Zaps API, and Data API.
Advanced analytics and execution platform for DeFi users.
Enables bundled DeFi actions in single transactions efficiently.
Provides real-time and historical DeFi asset data.
Funding Insights of Portals
Portals has successfully raised a total of $2.6M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $500 thousand completed in September 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 $2.6M
- Total Rounds 3
- Last Round Seed — $500,000
- First Round $2M
(May 2023)
- Investors Count 9
All 3 funding rounds of Portals with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2023 | $500,000 | Seed | – | Bankless Ventures, Digital Currency Group | – |
| Jun 2023 | $100,000 | Seed | – | – | |
| May 2023 | $2M | Seed | – | Lightshift |
9 investors in total: 9 institutional.
Investors in Portals
Portals has secured backing from 9 investors, including venture fund and institutional investors. Prominent investors backing the company include Digital Currency Group, Bankless Ventures and Founder Heads.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Bankless Ventures is focused on investing in Web3 pioneers. | bankless.ventures | |||
| founderheads.com | ||||
LongHash Ventures is focused on bootstrapping Web3 ecosystems. | longhash.vc | |||
Sector-agnostic incubator focused on blockchain startups | 2015 | dcg.co | Stamford, United States | |
A community platform is provided for tech and AI founders. | poolside.co | |||
Dapp development services are provided for blockchain-based projects. | daedalus.gg | |||
Blockchain development services are provided by Mechanism Capital to clients. | mechanism.capital | |||
Early-stage projects in decentralized technologies are funded by Lightshift. | lightshift.xyz | |||
Creative solutions are provided by The Basement Labs for branding and digital experiences. | thebaselabs.com | Istanbul, Turkey |
Investor details for Portals
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Portals
3 people are tracked at Portals (3 in leadership).
| Name | Role | Group |
|---|---|---|
Suhail Gangji | Co-Founder & CEO | Leadership |
Nabi Ozberkman | Co-Founder | Leadership |
Suhail G. | Chief Executive Officer | Leadership |
Complete people profiles for Portals
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Portals
3 dated milestones of Portals across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Portals is founded.
- Funding First funding round of $2.0M.
- Funding Latest funding round, Seed, of $500K.
Web traffic of Portals
The website of Portals (portals.fi) receives about 11.9K visits a month.
- Monthly visits11.9K
▼ 16.3% vs previous month
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Frequently Asked Questions about Portals
Portals was founded in 2022 and raised its 1st funding round 1 year after it was founded.
Portals is headquartered in Calgary, Canada. It is registered at Calgary, Alberta, Canada.
Suhail Gangji is the CEO of Portals, as recorded in our data. They have also founded this company.
Portals is a funded company, having raised a total of $2.6M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on May 2023.
Portals is established as a leading platform in the decentralized finance (DeFi) sector, offering a comprehensive solution that integrates real-time and historical data, swap and zap execution, and intent-based transactions. Services are provided to developers, protocols, and traders through powerful APIs and dashboards like the Portals Explorer. Coverage spans millions of assets and thousands of protocols across major blockchain chains. Efficiency is enhanced by bundling complex DeFi operations into single transactions, reducing gas costs and slippage. The platform is utilized by various DeFi applications for analytics, market data, and seamless asset swaps.
Portals offers Portals Explorer, Zaps API, and Data API.
Portals has 9 investors. Key investors include Digital Currency Group, Bankless Ventures, Founder Heads, Poolside, and LongHash Ventures.