# Magna: Decentralized Finance (DeFi), San Francisco, United States

> Magna: Magna develops a token vesting and DeFi investment management platform. Based in San Francisco, United States. Founded 2022.

Source: https://millionrounds.com/startup/magna (Millionrounds; every figure on the page links to its filing or article)

United States · [Decentralized Finance (DeFi) startup](https://millionrounds.com/companies)

# Magna

Magna develops a token vesting and DeFi investment management platform.

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Funding reported Last round: Seed

Decentralized Finance (DeFi) San Francisco, United States

Company summary

- **Founded:** 2022 4 years old
- **Team:** 1 1 to 10 people
- **Funding reported:** $16M in dollars
- **Last round:** Seed Sept 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Magna has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Magna raised

Funding, as reported

Reported in all **$16M** in dollars

Rounds **2**

Last round **Seed**

Last round date **Sept 2022**

Investors listed **31**

Y Combinator **W22**

## On 7 portfolio pages

Investors who name them

- [Behind Genius Ventures](https://millionrounds.com/fund/behind-genius-ventures)
- [gumi Cryptos Capital](https://millionrounds.com/fund/gumi-cryptos-capital)
- [Tusk Ventures](https://millionrounds.com/fund/tusk-venture-partners)
- [Marin Digital Ventures](https://millionrounds.com/fund/marin-digital-ventures)
- [MetaWeb Ventures](https://millionrounds.com/fund/metaweb-ventures)
- [Big Brain Holdings](https://millionrounds.com/fund/big-brain-holdings)
- [Asymmetric Financial](https://millionrounds.com/fund/asymmetric-financial)

Each firm lists Magna on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Decentralized Finance (DeFi) in United States

Startups like it

- [**Ethos Network** Austin · founded 2023](https://millionrounds.com/startup/ethos-network)
- [**bbox** Miami](https://millionrounds.com/startup/bbox)
- [**we.rich** New York](https://millionrounds.com/startup/we-rich)
- [**Rysk Finance** San Francisco · founded 2023](https://millionrounds.com/startup/rysk-finance)
- [**Metaphone** San Francisco · founded 2024](https://millionrounds.com/startup/metaphone)

## Is this your company?

Add your raise, your deck and your story, and put Magna in front of investors. Or tell us what we have wrong.

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