Magna
AcquiredYC W22New York City, US · Founded 2022 · 18 employees · 9 known investors
Magna is an all-in-one platform for crypto companies to launch, manage, and scale tokens, offering token operations, treasury management, stablecoin management, and distribution across a global web3 ecosystem. The platform serves founders, investors, employees, CFOs, and other stakeholders seeking to simplify token management and earn yield on assets.
Also known as Maple
Crypto & Web3Developer ToolsEnterprise SoftwareFintechSaaSDeFiDAOUnited States of AmericaAmerica / CanadaPartly Remote
Founders & leadership· Y Combinator alumni (W22)
Magna was founded in 2022 by Bruno Faviero and Arun Kirubarajan.
BF
Bruno Favieroin𝕏Co-Founder & CEOBruno Faviero previously founded Synapse Technology, which developed AI-driven solutions for airport security and was acquired by Palantir in 2020, where he served as a product manager on the AI Platform team. He has also invested in over 50 companies as an angel and venture capital investor.
AK
Arun Kirubarajanin𝕏Co-Founder & CTO2021–2026Arun Kirubarajan worked as a quant trader at Millennium, was an early employee at Vise, and has published research in NLP and machine learning while lecturing in computer science at the University of Pennsylvania.
Investors · 9
Behind Genius VenturesSan Diego · $250K – $500K
Big Brain HoldingsLos Angeles
Dorm RoomBrooklyn · $90K – $250K
Marin Digital Ventures
Olive Tree CapitalBoston
Y CombinatorSan Francisco · $500K
AsymmetricreportedMiami · $10K – $1Mvia Joe McCann · inferred
Blockchain Founders FundreportedSingapore
gumi Cryptos Capital (gCC)reportedSan Mateo
Founder mafia
2 people who came through Magna went on to found or lead other companies.
Competitors · 2
by search overlap
Coinbase14 shared keywordsCoinbase is a cryptocurrency exchange platform that offers trading, custody, and financial services for cryptocurrencies, stocks, derivatives, and prediction markets to consumers, institutions, and developers. The company operates a full-stack infrastructure including secure custody, liquidity services, stablecoin infrastructure, and global settlement rails.
CryptoRank7 shared keywordsCryptoRank provides cryptocurrency market data, analytics, and research, including live prices and market capitalization rankings for thousands of coins, along with fundraising trends and token sale tracking. It publishes insights and reports covering exchanges, funding rounds, and market narratives for crypto investors and researchers.
Companies competing with Magna for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Magna do?
- Magna is an all-in-one platform for crypto companies to launch, manage, and scale tokens, offering token operations, treasury management, stablecoin management, and distribution across a global web3 ecosystem. The platform serves founders, investors, employees, CFOs, and other stakeholders seeking to simplify token management and earn yield on assets.
- Who founded Magna?
- Magna was founded by Bruno Faviero, Arun Kirubarajan in 2022.
- Who are Magna's investors?
- Magna's investors include Behind Genius Ventures, Big Brain Holdings, Dorm Room, Marin Digital Ventures, Olive Tree Capital, Y Combinator, Asymmetric, Blockchain Founders Fund and 1 more.
- Where is Magna headquartered?
- Magna is headquartered in New York City, US.