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Magna

Carta for Web3: token vesting and DeFi investment management.

Y CombinatorWinter 2022AcquiredFintechDeFiDAO

What they do

Problem

Web3 companies and investors lack streamlined tooling to manage token cap tables, vesting/distribution, and institutional-grade custody and execution for on-chain investments.

Solution

Magna provides a platform for token equity management (cap tables, vesting, distributions) and DeFi investment infrastructure with on-chain execution and intelligence, aiming to make locked tokens composable financial primitives.

Who it's for

Token-launching Web3 companies and institutional investors/funds that receive and manage token positions.

Founders

Bruno Faviero
Founder

- PM of Palantir's AI Platform. - Founder of Synapse Technology - AI to automate airport security (Acquired by Palantir in 2020). - Angel and VC investor in over 50 companies.

Arun Kirubarajan
Founder

- Quant trading at Millennium - Early employee at Vise - Published NLP/ML researcher and CS lecturer at UPenn

Company timeline

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