Fundraising Fox

Magna

AcquiredYC W22

New York City, US · Founded 2022 · 18 employees · 9 known investors

Find your way into Magna

831 people in our graph share verified history with the Magna team — schools, employers, funds. One of them is your warm intro.

Assaf Arakiunlockedknows Bruno Faviero · together at Intel Corporation (overlapped)
×6knows the team · via Intel Corporation
knows the team · via Bridgewater Associates
knows the team · via Massachusetts Institute of Technology
knows the team · via University of Pennsylvania
×2knows the team · via Dorm Room

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.

BFBruno Faviero
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.
AKArun Kirubarajan
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

Funding

SEC filings, press & company announcements

Source: company announcements and press reports — follow each round's link for the claim.

Founder mafia

2 people who came through Magna went on to found or lead other companies.

Bruno FavieroFounderFounded KolenaJack ChapmanSmart Contract DeveloperFounded Cardinal Gray

Competitors · 3

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.
CoinGecko10 shared keywordsCoinGecko is the world's largest independent cryptocurrency data aggregator, providing comprehensive market data including price, volume, and market capitalization across thousands of cryptoassets. It serves millions of users globally with tools, research, and APIs for cryptocurrency market analysis and insights.
CryptoRank7 shared keywordsCryptorank is a data platform that tracks and publishes information on cryptocurrency funding rounds, project valuations, and investment activity. It aggregates and verifies funding data from public sources for the crypto market.

Companies competing with Magna for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Magna increases bet on battery swapping in India with $35M for Yumatechcrunch.com · Sep 2026Token Management Platform Magna Raises $15M Seed Round at $70M Valuationcoindesk.com · Sep 2022

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.