The round was led by Ribbit alongside other founding Figure investors including Baseline and DCM. The round also featured a group of strategic investors, including Jump Crypto and Figure Technology Solutions.

Navra is the bridge between traditional finance and blockchain. Its mobile and desktop app gives individuals and institutions a single intuitive interface to curated on-chain venues, with access to DeFi yield, new trading markets, an embedded AI agent and keyless self-custody. Institutions have enterprise wallet management with role-based controls, qualified custody, full audit trails and data-integration with administration and accounting. The same platform powers white label offerings for partners as modules or as a standalone app. Navra was started by Mike Cagney, co-founder of SoFi and Figure, and is headquartered in Las Vegas.