NAVI - About the company
NAVI is a seed company based in Jacobabad (Pakistan), founded in 2023. It operates as a Liquidity protocol offering borrowing and lending services. NAVI has raised $2M in funding from investors like HashedIn, Assembly Partners and ViaBTC. The company has 29 active competitors, including 11 that are funded. Its top competitors include companies like Synthetix, Axiology and WAX.
Company Details
Liquidity protocol offering borrowing and lending services. It is a liquidity protocol on Sui that offers features such as Automatic Leverage Vaults and Isolation Mode, which enable users to manage their asset
- Website
- naviprotocol.io
Key Metrics
Founded Year
2023
Location
Jacobabad, Pakistan
Stage
Seed
Total Funding
$2M in 2 rounds
Latest Funding Round
Ranked
7th among 29 active competitors
Employee Count
8 as on Sep 30, 2026
Investment & Acquisitions
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NAVI's funding and investors
NAVI has raised a total funding of $2M over 2 rounds. Its first funding round was on Jan 31, 2024. NAVI has 17 institutional investors.
Here is the list of recent funding rounds of NAVI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 07, 2024 | 5653297 | ICO | 6658729 | 5544048 | 7129348 | 9413218 |
Jan 31, 2024 | 6832551 | Seed | 1174513 | 7238472 |
View details of NAVI's funding rounds and investors
NAVI's founders and board of directors
Founder? Claim ProfileNAVI's employee count trend
NAVI has 8 employees as of Sep 26. Here is NAVI's employee count trend over the years:
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NAVI's Competitors and alternates
Top competitors of NAVI include Synthetix, Axiology and WAX. Here is the list of Top 10 competitors of NAVI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of a platform for perpetual futures trading on Ethereum | $240M | 56/100 | ||
2nd | Provider of blockchain-based solutions for green securities accounting and impact measurement | $8.06M | 54/100 | ||
3rd | WAX 2011, Las Vegas (United States), Series A | Decentralized marketplace for virtual Assets | $10M | 43/100 | |
4th | Blockchain-based trading funds platform | $1.85M | 39/100 | ||
5th | Decentralized duet protocol for transforming assets | $5M | 37/100 | ||
6th | Symmetry Labs 2023, Series A | Decentralized protocol for transforming assets | $3.1M | 37/100 | |
7th | Liquidity protocol offering borrowing and lending services | $2M | 35/100 | ||
8th | Blockchain-based infrastructure for secure trading of assets among a network of banks | - | 34/100 | ||
9th | Tapio Protocol 2021, Singapore (Singapore), Seed | Platform offering a synthetic asset protocol | $4M | 33/100 | |
10th | Paribus 2021, United States, Seed | Blockchain-based platform for the issuance of synthetic assets | - | 31/100 |
Looking for more details on NAVI's competitors? Click here to see the top ones
NAVI's Investments and acquisitions
NAVI has a total of 1 investment in Magma Finance. NAVI has not made any acquisitions as of now.Reports related to NAVI
Here is the latest report on NAVI's sector:
News related to NAVI
•
LBank Labs announces strategic investment in Navi Protocol, Joining OKX Ventures, DAO5, and Hashed in $2M funding roundBitcoin Ethereum News•Feb 09, 2024•LBank Labs, NAVI, OKX, dao5 and 1 other
•
Sui’s NAVI Protocol Secures $2 Million Boost To Expand DeFi Offerings And Finalize Key AcquisitionBitcoin Ethereum News•Feb 01, 2024•NAVI, OKX, dao5, Mysten Labs and 2 others
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