When was Ntropy founded?

Ntropy was founded in 2019 and raised its 1st funding round 2 years after it was founded.

Where is Ntropy located?

Ntropy is headquartered in New York, United States.

Who is the current CEO of Ntropy?

Nare Vardanyan of Ntropy. They have also founded 1 company.

How many employees does Ntropy have?

As of Mar 31, 2026, the latest employee count at Ntropy is 18.

Is Ntropy a funded company?

Ntropy is a funded company, having raised a total of $14.2M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jul 20, 2021.

When was the latest funding round of Ntropy?

Ntropy's latest funding was a $***** Series A round on Oct 12, 2022, with participation from 3 investors.

Where does Ntropy rank among its competitors?

Ntropy ranks 29th amongst 64 active competitors, of which 29 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was Alpaca Securities, which secured $150M in Jan, 2026.

Who are the top competitors of Ntropy?

Ntropy's top competitors include MX, Plaid and Finicity. Among them, Alpaca Securities secured the most recent funding round in January, 2026.

Ntropy - 2026 Company Profile, Team, Funding & Competitors

Company Details

Provider of financial data standardization and enrichment API. This API enhances risk assessment by enriching financial data, leading to more accurate and efficient underwriting decisions. It processes data from various sources, regardless of origin, to provide standardized and contextualized transaction information with high accuracy. The API offers features such as entities identification, categorization, and recurrence analysis, enabling clients to gain a deeper understanding of financial transactions.

Website: www.ntropy.com/
Social

Key Metrics

Founded Year

2019

Location

New York, United States

Stage

Series A

Total Funding

$14.2M in 2 rounds

Latest Funding Round

Series A, Oct 12, 2022, $*****

Investors

QED Investors & 5 more

Ranked

29^th among 64 active competitors

Employee Count

18 as on Mar 31, 2026

Similar Companies

MX & 76 more

View Ntropy's full profile

Ntropy is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NTROPY NETWORK, INC. CIN: FC035537 , United States, Active	Aug 08, 2018	-	3 (As on Dec 31, 2023)	-
NTROPY INC. CIN: 5254426 , United States, Active	Dec 06, 2012	-	-	-

Ntropy has raised a total funding of $14.2M over 2 rounds. Its first funding round was on Jul 20, 2021. Its latest funding round was a Series A round on Oct 12, 2022 for $*****. 3 investors participated in its latest round. Ntropy has 5 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Ntropy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 12, 2022	6042918	Series A	4133462	4482067	8070426	5185332
Jul 20, 2021	6384224	Seed	3568547	7473048	QED Investors	January Ventures

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View details of Ntropy's funding rounds and investors

The founders of Ntropy are Nare Vardanyan and Ilia Zintchenko. Naré Vardanyan is the CEO of Ntropy.

Here are the details of Ntropy's key team members:

Nare Vardanyan: Co-Founder & CEO of Ntropy and founder of 1 other company.
Contact Info: 2 email addresses
Ilia Zintchenko: Co-Founder & CTO of Ntropy.
Contact Info: 1 email address

View details of Ntropy's Founder profiles and Board Members

Ntropy's employee count trend

Ntropy has 18 employees as of Mar 26. Here is Ntropy's employee count trend over the years:

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Top competitors of Ntropy include MX, Plaid and Finicity. Here is the list of Top 10 competitors of Ntropy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	MX 2010, Lehi (United States), Series C	Provider of data-driven analytics and open banking API for businesses	$610M	North Hill Ventures, Album VC & 27 others	75/100
2nd	Plaid 2012, San Francisco (United States), Series E	Provider of open banking aggregation APIs for individuals and businesses	$1.32B	New Enterprise Associates, Spark Capital ... & 69 others	70/100
3rd	Finicity 1999, Salt Lake City (United States), Acquired	Open banking aggregation API solutions	$80M	Experian, Angelneers & 2 others	63/100
4th	Belvo 2019, Sao Paulo (Brazil), Series A	Developer of open banking API solutions	$74.3M	Kaszek, Founders Fund & 29 others	59/100
5th	Bridge 2015, Chicago (United States), Series A	Cloud-based API-infrastructure for financial data, advanced analytics, and investment management solutions	$4.62M	FINTOP, MissionOG & 2 others	57/100
6th	WealthEngine 1991, Bethesda (United States), Acquired	Wealth intelligence solutions to non-profit and commercial organizations	$13.2M	Novak Biddle Venture Partners, QED Investors ... & 11 others	54/100
7th	Spade 2021, New York City (United States), Series A	Online platform for data API	$21.2M	Andreessen Horowitz, Flourish & 4 others	54/100
8th	FinTecSystems 2014, Munich (Germany), Acquired	Open banking API solutions	$5.33M	Heilemann Ventures, Reimann Investors & 5 others	53/100
9th	Alpaca Securities 2015, San Mateo (United States), Series D	Internet-first stock broker	$298M	Portage, Spark Capital & 45 others	53/100
10th	Rutter 2019, San Francisco (United States), Series A	API-based finance and accounting management platform	$28.5M	Andreessen Horowitz, Haystack & 10 others	52/100
29th	Ntropy 2019, New York (United States), Series A	Provider of financial data standardization and enrichment API	$14.2M	Lakestar, Cognisa Capital & 4 others	39/100