Ornn AI - About the company
Ornn AI is a seed company based in New York City (United States), founded in 2025 by Wayne Nelms and Kush Bavaria. It operates as an Operator of a financial exchange for trading compute power derivatives. Ornn AI has raised $33.7M in funding from investors like Andreessen Horowitz, SV Angel and Galaxy. The company has 54 active competitors, including 9 funded and 5 that have exited. Its top competitors include companies like Saxo Bank, Dinari and LevelField.
Company Details
Operator of a financial exchange for trading compute power derivatives. This platform provides benchmark pricing and cash-settled contracts for hardware resources. Participants utilize these instruments to hedge revenue or manage exposure to price fluctuations in computing capacity. The infrastructure supports standardized indices based on transaction data for various hardware types. These financial products facilitate risk management for providers, buyers, and lenders within the computing sector.
- Website
- ornn.com
Key Metrics
Founded Year
2025
Location
New York City, United States
Stage
Seed
Total Funding
$33.7M in 1 round
Latest Funding Round
Investors
Ranked
7th among 54 active competitors
Employee Count
22 as on Jun 30, 2026
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Ornn AI's funding and investors
Ornn AI has raised a total funding of $33.7M over 1 round. Its latest funding round was a Seed round on Apr 28, 2026 for $*****. 9 investors participated in its latest round. Ornn AI has 9 institutional investors.
Here is the list of recent funding rounds of Ornn AI:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Apr 28, 2026 | 8597419 | Seed | 5265010 | 5740202 | 4427408 | 3683774 |
View details of Ornn AI's funding rounds and investors
Ornn AI's founders and board of directors
Founder? Claim ProfileHere are the details of Ornn AI's key team members:
- Wayne Nelms: Co-Founder & CTO of Ornn AI and founder of 1 other company.
- Kush Bavaria: Co-Founder & CEO of Ornn AI and founder of 1 other company.
View details of Ornn AI's Founder profiles and Board Members
Ornn AI's employee count trend
Ornn AI has 22 employees as of Jun 26. Here is Ornn AI's employee count trend over the years:
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Ornn AI's Competitors and alternates
Top competitors of Ornn AI include Saxo Bank, Dinari and LevelField. Here is the list of Top 10 competitors of Ornn AI, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of online trading platforms for stocks bonds and derivatives | $549M | 81/100 | ||
2nd | Dinari 2021, Los Altos (United States), Series A | Decentralized stock trading platform | $32.4M | 61/100 | |
3rd | LevelField 2018, Houston (United States), Series A | Provider of a platform uniting digital and traditional finance | $12.3M | 54/100 | |
4th | Akuna Capital 2011, Chicago (United States), Unfunded | Online platform for trading in the stock market | - | - | 50/100 |
5th | Augment 2022, Austin (United States), Series B | A marketplace for investors, shareholders, and brokers of private technology companies | $16.5M | 47/100 | |
6th | TMS Brokers 2004, Warsaw (Poland), Acquired | Multi-asset trading platform | - | 47/100 | |
7th | Ornn AI 2025, New York City (United States), Seed | Operator of a financial exchange for trading compute power derivatives | $33.7M | 43/100 | |
8th | Quadriserv 2001, Jersey City (United States), Series B | Financial services provider and electronic trading platform | $64.4M | 42/100 | |
9th | Marco Polo Network 2000, New York City (United States), Series A | Multi-asset trading platform | $16M | 40/100 | |
10th | Valstro 2020, New York City (United States), Series B | Provider of fintech platform focused on outfitting trading firms | $97M | 38/100 |
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Ornn AI's Investments and acquisitions
Ornn AI has made no investments or acquisitions yet.
Reports related to Ornn AI
Here is the latest report on Ornn AI's sector:
News related to Ornn AI
Media has covered Ornn AI for 1 event in last 1 year.
•
Ornn Raises $33M in Seed Round Led by Andreessen Horowitz for AI Compute MarketplaceThe SaaS News•Jun 25, 2026•Ornn AI, Andreessen Horowitz, Galaxy Ventures, Vine Ventures and 5 others
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