Fundraising Fox

Narmi

Techstars '17

New York City, US · Founded 2016 · Delaware corporation · 157 employees on LinkedIn · 7 known investors

Narmi provides digital banking technology and tools to community banks and credit unions, enabling them to compete with larger financial institutions. The platform helps local financial institutions serve their customers and small business members with modern digital experiences.

Founders & leadership

Narmi was founded in 2016 by Nikhil Lakhanpal and Chris Griffin.

NLNikhil Lakhanpal
Nikhil LakhanpalinCo-Founder and Co-PresidentGeorgetown alum who ran GUASFCU as CEO, then investment banking at Citi, before co-founding Narmi in 2016.
CGChris Griffin
Chris GriffininCo-Founder and Co-PresidentGeorgetown alum who served as CIO/CTO of GUASFCU, then equity trading at Barclays, before co-founding Narmi.
SGSean Gray
Sean GrayCOO & President

Board

JCJill Castilla
Jill CastillaCEO & President

Investors · 7

Reported raises · per SEC filings

Form D private placements

$56.1M disclosed across 3 rounds · 2018–2022

$35MraisedMay 2022 · 19 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Liza LandsmanDirector
  • Nikhil LakhanpalExecutive Officer, Director
  • Christopher GriffinExecutive Officer, Director
Offering amount
$35M
Amount sold
$35M
Minimum investment
$50K
First sale
May 2022
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$19.2MraisedDec 2020 · 19 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nikhil LakhanpalExecutive Officer, Director
  • Christopher GriffinExecutive Officer, Director
Offering amount
$19.7M
Amount sold
$19.2M
Minimum investment
$5K
First sale
Dec 2020
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.9MraisedDec 2018 · 19 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Nikhil LakhanpalExecutive Officer, Director
  • Christopher GriffinExecutive Officer, Director
Offering amount
$1.9M
Amount sold
$1.9M
Minimum investment
$8K
First sale
Dec 2018
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 3

by search overlap

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

In the news

Frequently asked questions

What does Narmi do?
Narmi provides digital banking technology and tools to community banks and credit unions, enabling them to compete with larger financial institutions. The platform helps local financial institutions serve their customers and small business members with modern digital experiences.
Who founded Narmi?
Narmi was founded by Nikhil Lakhanpal, Chris Griffin in 2016.
Who are Narmi's investors?
Narmi's investors include Contour Venture Partners, FiDi Ventures, Greycroft, New Enterprise Associates (NEA), Patriot Financial Partners, PICUS CAPITAL, Techstars.
How much funding has Narmi raised?
Narmi has disclosed $56.1M raised across 3 rounds.
Where is Narmi headquartered?
Narmi is headquartered in New York City, US.