Magna was founded by Bruno Faviero, Arun Kirubarajan in 2022.

Who are Magna's investors?

Magna's investors include Alumni Ventures, Asymmetric, Behind Genius Ventures, Big Brain Holdings, Dorm Room, Jude Gomila, Marin Digital Ventures, Olive Tree Capital and 14 more.

Where is Magna headquartered?

Magna is headquartered in New York City, US.

Magna

AcquiredYC W22

New York City, US · Founded 2022 · 18 employees · 22 known investors

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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 Magna Digital, Inc. · Maple Syrup, Inc. · Maple

Crypto & Web3 Developer Tools Enterprise Software Fintech SaaS DeFi DAOUnited States of AmericaAmerica / CanadaPartly Remote

Founders & leadership· Y Combinator alumni (W22)

Magna was founded in 2022 by Bruno Faviero and Arun Kirubarajan.

Bruno Faviero Co-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.

Arun Kirubarajan Co-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.

Rosh SinghHead of Engineering

Julie ImbrialeHead of Operations

Joey PohChief of Staffformer

Jack Chapman Smart Contract Developer2022–2022Investor at American Estate And Trust Inc

Investors · 22

Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M

How we know: av.vc · Not right? Tell us

Asymmetriclisted by AsymmetricMiami · $10K – $1Mvia Joe McCann · inferred

How we know: Asymmetric's portfolio page · the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Behind Genius Ventureslisted by Behind Genius VenturesSan Diego · $250K – $500K

How we know: Behind Genius Ventures's portfolio page · the VCSheet dataset · Y Combinator's founder network · Not right? Tell us

Big Brain Holdingslisted by Big Brain HoldingsLos Angeles

How we know: Big Brain Holdings's portfolio page · Not right? Tell us

Dorm Roomlisted by Dorm RoomBrooklyn · $90K – $500K

How we know: the VCSheet dataset · open dataset · 5k.vc investor directory · Not right? Tell us

Jude Gomilalisted by Jude GomilaLynnwood

How we know: Jude Gomila's portfolio page · Not right? Tell us

Marin Digital Ventureslisted by Marin Digital Ventures

Olive Tree Capitallisted by Olive Tree CapitalBoston

How we know: Olive Tree Capital's portfolio page · the VCSheet dataset · Not right? Tell us

Soma Capitallisted by Soma CapitalSacramento · $100K – $300K

How we know: Y Combinator's founder network · somacap.com · Not right? Tell us

Tusk Venture Partnerslisted by Tusk Venture PartnersNew York · $750K – $2M

How we know: Y Combinator's founder network · Not right? Tell us

Y Combinatorlisted by Y CombinatorSan Francisco · $500K

How we know: the Y Combinator directory · open dataset · 5k.vc investor directory · Not right? Tell us

Abstract VenturesreportedSan Francisco · $250K – $750K

How we know: Y Combinator's founder network · Not right? Tell us

Blockchain Founders FundreportedSingapore

How we know: the VCSheet dataset · Not right? Tell us

Comma CapitalreportedNew York · $100K – $2M

How we know: Y Combinator's founder network · Not right? Tell us

Forerunner VenturesreportedSan Francisco · $1M – $20M

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

gumi Cryptos Capital (gCC)reportedSan Mateo

How we know: the VCSheet dataset · Not right? Tell us

Hustle FundreportedSan Carlos · $150K

How we know: Y Combinator's founder network · Not right? Tell us

Protocol LabsreportedSan Francisco

How we know: Y Combinator's founder network · Not right? Tell us

Shaans All AccessreportedSeattle

How we know: Y Combinator's founder network · Not right? Tell us

Shima CapitalreportedIrvine · $5M – $200M

How we know: Y Combinator's founder network · Not right? Tell us

SuperAngel.FundreportedNew York · $25K – $250K

How we know: open dataset · 5k.vc investor directory · Not right? Tell us

Tiger Global ManagementreportedNew York · $1M – $100M

How we know: Y Combinator's founder network · Not right? Tell us

Funding

SEC filings, press & company announcements

Undisclosed amountSeed RoundSep 2022
Source ↗

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 Synapse Technology Corporation +1 Jack ChapmanSoftware EngineerFounded Cardinal Gray

Related companies · 7

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GlobeGlobe Exchange is a cryptocurrency trading platform offering spot and perpetual markets, volatility trading, and a unified margin system for risk management. The platform uses GDT, its native token, to provide staking rewards and fee discounts to users.

CoinbaseCoinbase 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.

RainbowRainbow is a cryptocurrency wallet application that supports multiple blockchains, NFTs, and decentralized exchanges, offering both mobile and desktop interfaces with hardware wallet integration.

TaoFiTaoFi provides financial infrastructure that enables transactions and payments within decentralized artificial intelligence systems and applications.

CoingeckoCoinGecko 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.

CryptoRankCryptorank 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 working in the same space as Magna.

Legal entities · 2

corporate structure

Magna Digital, Inc.

Maple Syrup, Inc.

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 Alumni Ventures, Asymmetric, Behind Genius Ventures, Big Brain Holdings, Dorm Room, Jude Gomila, Marin Digital Ventures, Olive Tree Capital and 14 more.
Where is Magna headquartered?: Magna is headquartered in New York City, US.