The Venture Codex Logo

The Venture Codex

Portals

Calgary, Alberta, Canada

Overview

Portals is a DeFi protocol aggregator that simplifies Web3 by enabling anyone to bundle complex DeFi actions into single, one-click flows. The platform supports bundling of multi-step actions—swapping interest-bearing, liquidity pool, vault, and other assets—in a single click and offers staking to earn yield from over 20,000 supported opportunities. Portals also exposes Web3 data via its Build On Portals API, including liquidity pool and token prices, contract positions, and account balances. The team is led by co‑founders Suhail Gangji (previously co‑founder of Zapper) and Nabi Ozberkman (with DeFi experience from OlympusDAO). Headquartered in Calgary, Canada, the company plans to use the combined $2.5M in seed round and seed extension funding to accelerate product development and expand the team. Portals emphasizes improving DeFi UX to make navigating tokens, protocols, and chains easier for a broader audience. Portals provides a DeFi aggregator and API that lets users bundle complex, multi-step actions (swaps, staking, vaults, LP tokens, etc.) into a single click and access protocol data. The product supports staking to earn yield across over 20,000 supported opportunities and exposes liquidity pool and token price data, contract positions, and account balances through the Portals API. The API and integration tooling are built by Web3 natives; Lightshift Capital contributed engineering resources to create an API integration boilerplate. Portals plans to use its recent funding to accelerate product development and expand the team. The company was selected for Poolside Accelerator’s inaugural cohort and received $100,000 and mentorship as part of that program. Founders Suhail Gangji (co‑founder of Zapper) and Nabi Ozberkman (former OlympusDAO contributor) lead the team from Calgary, Canada.

Total raised
$3M
Funding rounds
2
Latest round
Seed
Latest activity
Sep 2023

Industries

  • Blockchain
  • Cryptocurrency
  • Ethereum
  • Web3
Visit website

Recent funding

  1. Seed

    Sep 2023

    $1M

  2. Seed

    May 2023

    $2M

Team