Fintech Startup Navra Raises $19M in Series A Funding

Navra, a Las Vegas, NV-based provider of an AI-native financial technology platform, has raised $19 million in a Series A funding round led by Ribbit.

The round also saw participation from Baseline, DCM, Jump Crypto, and Figure Technology Solutions.

The company will use the funding to build its AI infrastructure, expand its platform, and accelerate customer and partner acquisition.

What is Navra?

Navra is a financial technology company that aims to connect traditional finance with blockchain through a single platform.

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Its mobile and desktop applications give retail investors and institutions access to multiple blockchain venues through one interface. Users can access on-chain yield protocols and cash rails through keyless self-custody, along with an embedded AI agent.

For institutions, Navra offers enterprise wallet management, role-based controls, qualified custody, audit trails and integration with fund accounting and administrators.

How Much Funding Has Navra Raised?

Navra has raised $19 million in its Series A funding round.

The source does not provide details about previous funding rounds or Navra’s total funding before the latest round.

Who Invested in Navra’s Series A Round?

The $19 million Series A round was led by Ribbit.

Other participating investors include:

• Baseline
• DCM
• Jump Crypto
• Figure Technology Solutions

Why the Funding Matters

Navra will use the new funding to build out its AI infrastructure, expand the platform, and accelerate customer and partner acquisition.

The company is using AI across areas including product development, engineering, legal, finance and marketing.

Who founded Navra?

Navra was founded in 2026 by Mike Cagney and June Ou.

The company is based in Las Vegas, Nevada.

“Blockchain DeFi protocols are the best foundation for the $6 trillion asset based finance market, but the real dollars haven’t moved over yet,” said Mike Cagney, Navra’s co-founder and CEO. “Three major things have stood in the way of this migration: user experience, keyless qualified custody and enterprise control.

“Figure’s ecosystem is putting more than $2B a month of real world assets on blockchain. We’d like the market to be able to finance those assets through DeFi,” said Michael Tannenbaum, Figure’s CEO. “A major benefit of having Mike Cagney as the Chairman of the Figure Board is his focus on the future of finance and blockchain.

Market and Business Growth

Navra is currently working with a group of design partners to refine its product.

The platform is designed for both retail investors and institutions, with direct access to blockchain venues, DeFi yield and trading markets.

Institutional customers can manage enterprise teams through role-based controls, audit trails and integrations with administration and accounting systems.

What Happens Next?

Navra plans to begin a limited rollout to retail and institutional users in late October.

White-label availability will follow, allowing partners to offer Navra as a complete application or through embeddable modules.

The company will continue expanding its platform and AI infrastructure while growing its customer and partner base.

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