Latest round

Series B

Last raised

May 2022

Total raised

$57M

Investors

8

About Narmi

Based in the US, Narmi Inc.Founded in 2016 in New York, US, Narmi Inc. delivers digital banking services tailored for financial institutions.Narmi specializes in delivering innovative digital banking solutions tailored for modern financial institutions. Its core offerings revolve around a comprehensive digital banking platform designed to enhance user experience and streamline banking operations. The platform includes features such as online account opening, mobile banking, and personalized financial management tools, aimed at addressing the evolving needs of both financial institutions and their customers. By facilitating seamless integration of banking services, Narmi serves a diverse client base, including credit unions and community banks, primarily in the United States.Narmi's revenue generation model is primarily based on subscription partnerships with financial institutions that utilize its digital banking platform. These institutions typically enter into agreements that provide them access to Narmi's suite of services, which enhances their banking capabilities and customer engagement. The revenue is driven by recurring subscription fees associated with these partnerships, allowing Narmi to establish stable financial relationships with its clients.In May 2022, Narmi Inc. The company is focused on designing and launching new products aimed at enhancing the capabilities of its platform, while also targeting expansion into additional markets across the United States.

Who invested in Narmi

8 investors across 4 rounds

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Funding rounds

  1. Series B

    May 4, 2022

    Amount

    $35M

    Investors

    Locked

  2. Series A

    Feb 2, 2021

    Amount

    $20M

    Investors

    Locked

  3. Seed

    Dec 4, 2018

    Amount

    $1.9M

    Investors

    Locked

  4. Seed

    Nov 1, 2018

    Amount

    Undisclosed

    Investors

    Locked

Questions about Narmi

Who invested in Narmi?

Narmi has 8 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Narmi raised?

Narmi has raised 4 venture rounds. Sign up free to see how much each round raised and the total.

When did Narmi last raise money?

Narmi's most recent round on record is a Series B, in May 2022.

What does Narmi do?

Narmi is a financial services company.

Where is Narmi headquartered?

Narmi is headquartered in New York, US.

Which VCs invest in companies like Narmi?

Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Narmi's stage. Their profiles are linked below.

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