Narmi - About the company
Narmi is a series B company based in New York City (United States), founded in 2016 by Nikhil Lakhanpal. It operates as a Provider of omnichannel banking solutions for banks and credit unions. Narmi has raised $57.3M in funding from investors like New Enterprise Associates, Greycroft and Techstars. The company has 210 active competitors, including 26 funded and 22 that have exited. Its top competitors include companies like Tyfone, VNLIFE and Asseco.
Company Details
Provider of omnichannel banking solutions for banks and credit unions. It offers an omnichannel banking solution that provides touch ID & fingerprint support, face ID support, transaction view, geolocation, and remote deposit capture. Also offers an online banking solution and an account opening solution.
- Website
- www.narmi.com/
- Email ID
- *****@narmi.com, *****@narmi.com
- Phone Number
- +1 **********
- Registered Address
- New York, New York
Key Metrics
Founded Year
2016
Location
New York City, United States
Stage
Series B
Total Funding
$57.3M in 5 rounds
Latest Funding Round
Investors
Ranked
3rd among 210 active competitors
Employee Count
152 as on Jun 30, 2026
Legal entities associated with Narmi
Narmi is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NARMI INC. CIN: 813293225 , United States, Active | Dec 31, 2015 | - | 120 (As on Dec 31, 2024) | - |
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Narmi's funding and investors
Narmi has raised a total funding of $57.3M over 5 rounds. Its first funding round was on Apr 06, 2017. Its latest funding round was a Series B round on May 19, 2022 for $*****. 3 investors participated in its latest round. Narmi has 9 institutional investors.
Here is the list of recent funding rounds of Narmi:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2022 | 2415668 | Series B | 7036972 | 1131694 | 6687519 | 2677715 |
Dec 31, 2020 | 6275283 | Series A | 5314455 | 9650185 | 9549717 | |
Dec 14, 2018 | 2405324 | Seed | 9700894 | 8819431 | 1460309 | 7518947 |
View details of Narmi's funding rounds and investors
Narmi's founders and board of directors
Founder? Claim ProfileThe founders of Narmi is Nikhil Lakhanpal.
Here are the details of Narmi's key team members:
- Nikhil Lakhanpal: Co-Founder of Narmi and founder of 1 other company.
View details of Narmi's Founder profiles and Board Members
Narmi's employee count trend
Narmi has 152 employees as of Jun 26. Here is Narmi's employee count trend over the years:
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Narmi's Competitors and alternates
Top competitors of Narmi include Tyfone, VNLIFE and Asseco. Here is the list of Top 10 competitors of Narmi, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Tyfone 2004, Portland (United States), Series D | Omni-channel banking solutions | $38.3M | 68/100 | |
2nd | Software for omnichannel banking and distribution services | $550M | 63/100 | ||
3rd | Narmi 2016, New York City (United States), Series B | Provider of omnichannel banking solutions for banks and credit unions | $57.3M | 58/100 | |
4th | Provider of an omnichannel banking solutions | - | 62/100 | ||
5th | Amount 2014, Chicago (United States), Acquired | Omnichannel Banking solutions for banks and lenders | $252M | 61/100 | |
6th | Developer of digital banking platform offering solutions for financial institutions | - | - | 58/100 | |
7th | Senrysa Technologies 2011, Kolkata (India), Seed | Provider of technology solutions for banking, financial, and enterprise sectors | $1.82M | 56/100 | |
8th | Provider of cloud-based omnichannel banking solutions | $18.8M | 55/100 | ||
9th | Cloud-based omni-channel banking channel | $83.7M | 54/100 | ||
10th | Mahalo Banking 2017, Chelsea (United States), Series B | Provider of omnichannel banking solution | $20M | 54/100 |
Looking for more details on Narmi's competitors? Click here to see the top ones
Narmi's Investments and acquisitions
Narmi has made no investments or acquisitions yet.
Reports related to Narmi
Here is the latest report on Narmi's sector:
News related to Narmi
Media has covered Narmi for a total of 10 events in the last 1 year, 4 of them have been about company updates and 4 about partnerships.
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Northrim Bank Selects Narmi to Power Full-Scale Digital Banking TransformationAccess Newswire•Aug 02, 2026•Northrim Bank, Narmi
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Narmi Launches AI Decision Assist to Streamline Bank Account OpeningRetailbankerinternational•Jul 09, 2026•Narmi
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Narmi signs Mocse Credit Union to digital banking platformFinextra•May 27, 2026•Narmi, Mocse Federal Credit Union
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CTBC USA Chooses Narmi for Strategic Digital Banking InitiativesAccess Newswire•Apr 14, 2026•Narmi, CTBC Bank
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Narmi Adds Fiaz Sindhu to Leadership Team as SVP of Strategy and Operations to Accelerate Next Phase of GrowthAccess Newswire•Apr 02, 2026•Narmi
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Narmi & Grasshopper Offer AI-Powered Analysis via ClaudeFintech Finance•Aug 21, 2025•Grasshopper Bank, Narmi
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