# RAVEN: Financial services, Sofia, Bulgaria

> RAVEN: RAVEN is a proprietary trading and market-making firm based in Sofia, Bulgaria, operating under RavenDAO Ltd. Based in Sofia, Bulgaria. Founded 2023.

Source: https://millionrounds.com/startup/raven-7 (Millionrounds; every figure on the page links to its filing or article)

Bulgaria · [Financial services startup](https://millionrounds.com/companies)

# RAVEN

RAVEN is a proprietary trading and market-making firm based in Sofia, Bulgaria, operating under RavenDAO Ltd.

Funding reported Last round: Seed

Financial services Sofia, Bulgaria

Company summary

- **Founded:** 2023 3 years old
- **Team:** 15 11 to 50 people
- **Funding reported:** 2.7M as listed, currency not stated
- **Last round:** Seed May 2024

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 RAVEN 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)

## About RAVEN

RAVEN is a proprietary trading and market-making firm based in Sofia, Bulgaria, operating under RavenDAO Ltd.

and Raven Bulgaria Ltd. The company consists of a team of engineers and traders dedicated to high-frequency trading, liquidity provision, and enhancing market efficiency in digital asset markets. RAVEN offers core services that include liquidity provision across various blockchains, decentralized finance protocols, and centralized exchanges. The firm specializes in market-making and trading infrastructure for crypto assets, focusing on low-latency execution and high-throughput systems. RAVEN develops many of its systems in-house, including trading algorithms, blockchain infrastructure, and smart contracts. Additionally, the company supports new crypto projects with token launches and provides strategic assistance in areas like tokenomics and growth.

## What company datasets say RAVEN raised

Funding, as reported

Reported in all **2.7M** in the source's currency

Last round **Seed**

Last round size **2.7M**

Last round date **May 2024**

## On a portfolio page

Investors who name them

- [Marin Digital Ventures](https://millionrounds.com/fund/marin-digital-ventures)

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

## The company, in detail

What they build

Known for

high-throughput trading cefi trading market stability high-frequency trading defi on-chain trading bots information technology & services financial services finance defi protocols defi liquidity provision capital markets gas-optimized smart contracts bitcoin securities and commodity contracts intermediation and brokerage services

Built with from their website

Cisco Secure Firewall Management Center Google Tag Manager Amazon CloudFront Google Workspace CloudFlare Viewport Meta Webflow Hosting Apple Business Manager Google Meet CloudFlare CDN

+8 more

Refix Polygon Mobile Friendly JTL-Shop 3 SQL Open Graph Amazon Route 53 jQuery

- **Sector:** Financial services
- **Industry code:** NAICS 523150, SIC 6732
- **Region:** Sofia-city

## Financial services in Bulgaria

Startups like it

- [**Cash Credit** Sofia · founded 2011](https://millionrounds.com/startup/cash-credit)
- [**Changex Join the change** Sofia · founded 2022](https://millionrounds.com/startup/changex-join-the-change)
- [**MyCFO Bulgaria** Sofia · founded 2020](https://millionrounds.com/startup/mycfo-bulgaria)
- [**KOWN** Sofia · founded 2015](https://millionrounds.com/startup/kown)
- [**Collectim Ltd.** Sofia · founded 2014](https://millionrounds.com/startup/collectim-ltd)
- [**cashlend.bg** Sofia · founded 2015](https://millionrounds.com/startup/cashlend-bg)
- [**NULA** Varna · founded 2019](https://millionrounds.com/startup/nula-2)

## Is this your company?

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

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