Nirvana Valuation, Funding & Investors

Nirvana is valued at $508M as of April 2022.

Last Nirvana valuation

$508M

Undisclosed stage · Apr 2022

Last Nirvana funding round

$8M

Undisclosed stage · Apr 2022

Cumulative funding Nirvana raised

$33M

across 4 funding rounds

Key investors in Nirvana

  • Shima Capital
  • Lightspeed Venture Partners
  • Founders Fund
  • Polychain
  • Breyer Capital
  • Sequoia Capital

Nirvana Overview

About Nirvana

Nirvana is a DeFi protocol on the Parallel EVM blockchain enabling AI agents for autonomous trading, liquidity management, and financial product creation. The platform deploys on-chain AI frameworks optimizing capital efficiency through dynamic strategies in perpetual futures and lending markets.


Founded

2021

HQ

United StatesSan Francisco, CA

Status

Privately held

Customer focus

B2C

Revenue model

Commission

Valuation

$508M (Apr 2022)

Nirvana Valuation

Nirvana is currently valued at $508M, based on its undisclosed-stage round in April 2022.

The $8M round included Breyer Capital, Metalpha Technology Holdings, Coinbase Ventures, S32, Shima Capital and 2 other investors.

Nirvana's valuation has grown 3.4x from $150M at its Series A in August 2021 to $508M in April 2022, across 3 priced rounds.

Nirvana valuation by funding round

Nirvana valuation by funding round
DateStageValuation
Apr 2022Undisclosed stage$508M
Nov 2021ICO$250M
Aug 2021Series A$150M

Nirvana Funding History

Nirvana has raised a total of $33M across 4 funding rounds.

Nirvana's first fundraising round was a $2M seed round in June 2021. The most recent completed round was a $8M undisclosed-stage round in April 2022.

Nirvana funding rounds

Nirvana funding rounds
DateStageInvestorsRaisedValuation
Apr 2022Undisclosed stageBreyer Capital; Metalpha Technology Holdings; Coinbase Ventures; S32; Shima Capital; Founders Fund; StarkWare Industries$8M$508M
Nov 2021ICOSequoia Capital (lead); Founders Fund$2M$250M
Aug 2021Series APolychain (lead); To Kenz Capital; Alameda Research; Slow Ventures; Blockchain Capital; Shima Capital; COIND; Lightspeed Venture Partners; Buck Stash; CMT Digital; gumi Cryptos Capital (gCC); Blockchange Ventures$22M$150M
Jun 2021SeedPantera Capital (lead); Polychain (lead); Breyer Capital; 8 Decimal Capital; Taihill Venture; Shima Capital; Hypersphere Ventures; Lightspeed Venture Partners$2M-

Who has invested in Nirvana?

23 investors have backed Nirvana across its funding rounds, including Shima Capital, Lightspeed Venture Partners, Founders Fund, Polychain, Breyer Capital and Sequoia Capital.

Lead investors include Sequoia Capital, Polychain and Pantera Capital.


Nirvana Investors

Investors in Nirvana by funding rounds participated
InvestorHQRoundsRoleFirst check
Shima CapitalUnited StatesUnited States3ParticipantJun 2021
Breyer CapitalUnited StatesSan Francisco, CA2ParticipantJun 2021
Lightspeed Venture PartnersUnited StatesSan Francisco, CA2ParticipantJun 2021
Founders FundUnited StatesSan Francisco, CA2ParticipantNov 2021
PolychainUnited StatesSan Francisco, CA2LeadJun 2021
To Kenz CapitalUnited StatesNew York City, NY1ParticipantAug 2021
Pantera CapitalUnited StatesSan Francisco, CA1LeadJun 2021
8 Decimal CapitalUnited StatesUnited States1ParticipantJun 2021
Taihill VentureUnited StatesBoston, MA1ParticipantJun 2021
Alameda ResearchHong KongHong Kong1ParticipantAug 2021
Metalpha Technology HoldingsHong KongHong Kong1ParticipantApr 2022
Slow VenturesUnited StatesSan Francisco, CA1ParticipantAug 2021
Coinbase VenturesUnited StatesSan Francisco, CA1ParticipantApr 2022

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Nirvana Competitors

Nirvana competitors include listed companies like Ncino and Beijing Hanyi Innovation, and private ones like Chain Reaction, Upstage, Sema4.ai and Minterest.

Public and private companies comparable to Nirvana
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
Chain ReactionIsraelYokneam IllitPrivate--$500M-
UpstageSouth KoreaYonginPrivate$14M-$661M-
NcinoUnited StatesUnited StatesPublicly listed$595M$65M$2.3B4.0x
Sema4.aiUnited StatesAtlanta, GAPrivate--$505M-
MinterestEstoniaTallinnPrivate--$514M-
Beijing Hanyi InnovationChinaChinaPublicly listed$28M$5M$493M13.9x
Last FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Beijing Hanyi Innovation$28M$5M15.6x13.9x89.9x50.9x
ExaWizards$77M$13M6.6x5.7x39.3x-
Stewards------
Rhino Bitcoin$478K($417K)1242.8x-(1423.4x)-
Indokripto Koin Semesta$16M$7M36.9x-81.1x-
Ropeok Technology Group$23M($28M)18.6x-(15.2x)-
PKSHA Technology$140M$47M4.1x2.4x12.2x10.7x
Reconova Technologies$66M($8M)10.0x-(82.0x)-

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Common questions about Nirvana

When was Nirvana founded?Nirvana was founded in 2021.
Where is Nirvana headquartered?Nirvana is headquartered in San Francisco, CA, United States.
Is Nirvana publicly listed?No, Nirvana is a private, VC-backed company.
What is Nirvana's valuation?Nirvana was last valued at $508M in its undisclosed-stage round in April 2022.
How much funding has Nirvana raised?Nirvana has raised $33M across 4 funding rounds.
What was Nirvana's last funding round?Nirvana's last funding round was a $8M undisclosed-stage round in April 2022.
Who are Nirvana's investors?Nirvana's investors include Shima Capital, Breyer Capital, Lightspeed Venture Partners, Founders Fund, Polychain, To Kenz Capital, Pantera Capital, 8 Decimal Capital, Taihill Venture, Alameda Research and 13 others.
Which companies are comparable to Nirvana?Companies comparable to Nirvana include Chain Reaction, Upstage, Ncino, Sema4.ai, Minterest and Beijing Hanyi Innovation.

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