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 195 active competitors, including 21 funded and 25 that have exited. Its top competitors include companies like Tyfone, Asseco and Amount.
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
4th among 195 active competitors
Employee Count
156 as on Sep 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 | Reports |
|---|---|---|---|---|
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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 19, 2022 | 1644204 | Series B | 6247684 | 2447492 | 5676770 | 6589782 |
Dec 31, 2020 | 9430157 | Series A | 3265881 | 6305397 | 5117935 | |
Dec 14, 2018 | 4000014 | Seed | 3826699 | 3551576 | 9757214 | 7969009 |
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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 156 employees as of Sep 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, Asseco and Amount. 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 | Provider of an omnichannel banking solutions | - | 62/100 | ||
3rd |  Amount 2014, Chicago (United States), Acquired | Omnichannel Banking solutions for banks and lenders | $252M | 61/100 | |
4th |  Narmi 2016, New York City (United States), Series B | Provider of omnichannel banking solutions for banks and credit unions | $57.3M | 61/100 | |
5th | Senrysa Technologies 2011, Kolkata (India), Seed | Provider of technology solutions for banking, financial, and enterprise sectors | $1.82M | 56/100 | |
6th | Developer of digital banking platform offering solutions for financial institutions | - | - | 54/100 | |
7th | Cloud-based omni-channel banking channel | $83.7M | 54/100 | ||
8th | Provider of cloud-based omnichannel banking solutions | $18.8M | 54/100 | ||
9th |  Mahalo Banking 2017, Chelsea (United States), Series B | Provider of omnichannel banking solution | $20M | 54/100 | |
10th |  Plumery 2020, Amsterdam (Netherlands), Seed | API-enabled omnichannel banking solution for banks and financial institutions | $7.8M | 53/100 |
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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
Filter this listMedia 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.
•
Narmi Launches AI Marketplace to Bring Practical AI Directly into Financial Institution WorkflowsAccess Newswire•Sep 24, 2026•Narmi
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Array Partners with Narmi to Integrate Consumer Financial Tools into Digital BankingGlobal Fintech Series•Aug 31, 2026•Narmi, Array
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Northrim Bank Selects Narmi to Power Full-Scale Digital Banking TransformationAccess Newswire•Aug 02, 2026•Northrim Bank, Narmi
•
Narmi Launches AI Decision Assist to Streamline Bank Account OpeningRetailbankerinternational•Jul 09, 2026•Narmi
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Narmi Announces a New Partnership with Alma Bank to Launch Next-Generation Digital Banking for Consumer and Business CustomersAccess Newswire•Jun 09, 2026•Narmi, Alma Bank
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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
•
Grasshopper and Narmi Expand Access to Generative AI to Streamline Financial Workflows With ChatGPT Integration & OAuthAccess Newswire•Nov 18, 2025•Grasshopper Bank, Narmi
•
Narmi & Grasshopper Offer AI-Powered Analysis via ClaudeFintech Finance•Aug 21, 2025•Grasshopper Bank, Narmi
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