Narya
Automated smart contract testing powered by AI.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor investor investor investor investor investor investor investor investor | €0.0 | round | |
$4.0m | Seed | ||
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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Narya.ai is a cutting-edge startup specializing in automated security testing for smart contracts. The company operates in the cybersecurity market, focusing on blockchain technology and decentralized applications (dApps). Narya.ai primarily serves developers and organizations that create and deploy smart contracts, which are self-executing contracts with the terms directly written into code.
The core offering of Narya.ai is its intelligent fuzz engine, known as the Narya Engine. This engine simulates millions of code paths to identify vulnerabilities in smart contracts. The process is straightforward and involves three main steps: granting GitHub access, designing a comprehensive set of tests, and running automated bug-searching simulations every time the code is updated. This ensures continuous protection against known hacks and provides full coverage on key functions within the smart contract.
Narya.ai's business model is based on providing subscription-based services for continuous and automated security testing. Clients pay for the service to ensure their smart contracts are secure and reliable, reducing the risk of hacks and other security breaches. This model allows Narya.ai to generate recurring revenue while offering a scalable solution that can be customized to meet the specific needs of each client.
The company differentiates itself by combining automated testing with the ability to customize tests, making it easy for developers to enhance their security measures without extensive manual effort. This approach not only speeds up the deployment process but also instills confidence in the security of the code.
In summary, Narya.ai leverages advanced automation to provide robust security testing for smart contracts, serving developers and organizations in the blockchain space. Its subscription-based model ensures continuous protection and scalability.
Keywords: automated security testing, smart contracts, blockchain, cybersecurity, fuzz engine, vulnerability detection, continuous protection, customizable tests, subscription-based, decentralized applications.
