Mavennet
- Company typePrivate
- Founded2018
- HeadquartersToronto, Canada
- Headcount11–50
- GTM typeB2B
- OfferingSoftware
Mavennet firmographics
Firmographics- Name
- Mavennet
- Legal name
- Mavennet Systems Inc.
- Website
- https://mavennet.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
Mavennet industry classification
Industry- Product category
- Enterprise Blockchain Software
- NAICS
- Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)
- akta.pro primary industry
- Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned) (FSAPAIAL)
- akta.pro secondary industries
- Consortium Networks & Governance (network setup, onboarding, rules, node operations) (FSAPAIAB), Tokenization Platforms (RWA, Securities, Funds) (FSAGAMAA)
Keywords
Where Mavennet is headquartered
LocationHeadquarters
- HQ city
- Toronto
- HQ country
- Canada
- HQ region
- North America
Offices1 record
Markets served
Mavennet business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Venture Creation (Venture Labs): Mavennet creates and grows innovative technology ventures internally. The venture studio model involves conceptualizing, validating, building, launching, and scaling cutting-edge ventures. Revenue is generated through ownership stakes in portfolio companies and successful exits.
- Technology Consulting Services: Expert technology consulting services provided to enterprises and government clients, covering strategy, product development, data warehousing, data visualization, security, and infrastructure. Services are delivered through direct enterprise engagements, likely billed on a project or retainer basis.
- Stablecoin & Digital Asset Services (QCAD via Stablecorp): QCAD stablecoin and related financial services (treasury, FX, digital yield) are provided by Stablecorp, a Mavennet portfolio company. Revenue likely accrues through transaction fees and service charges on the digital asset platform.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Mavennet product offering
Product offeringCore offering
Mavennet is a venture studio and technology consulting firm that creates and grows innovative technology ventures through Mavennet Venture Labs, while simultaneously delivering enterprise and government technology consulting services in Data Management, Digital Identity, Blockchain, and AI. The firm builds proprietary blockchain-based products (Neoflow for energy assets, AgreeWe for agreements, QCAD stablecoin, Grapes for cross-border payments, Metaltrail for steel traceability, DID:STLLR for decentralized identity) and provides consulting engagements in digital transformation, product development, data warehousing, visualization, security, and infrastructure.
Product overview
Mavennet operates as a venture studio and technology consulting firm with a portfolio of proprietary products and consulting service lines. Venture Labs products include Neoflow (energy asset digitization), AgreeWe (decentralized agreements), and QCAD (Canadian dollar stablecoin on Stellar blockchain via Stablecorp). Consulting engagements cover digital asset management (3iQ), steel supply chain (Metaltrail), cross-border payments (Grapes Finance), and decentralized identity (DID:STLLR). The consulting practice also offers services in digital product development, data/AI, identity management, and infrastructure security.
Differentiator
Problem solved
Functional benefit
Brands
- Neoflow: Platform for digitalizing energy assets, transforming the energy value chain by breaking down data silos and creating digital passports for energy assets.
- AgreeWe
- QCAD
- Grapes Finance
- YaaS
Products and services
- Neoflow Platform for digitalizing energy assets and transforming the energy value chain. Provides a secure holistic view by breaking down data silos, capturing digitally cross-company interactions, and creating a digital passport for energy assets. Includes trusted data exchange, digital border clearance, regulatory reporting automation, and contract and payment automation.
- AgreeWe Platform enabling consensus and agreement creation between parties, bridging the gap between costly lawyer-driven contracts and unreliable handshakes. Features standardized product lifecycle management with real-time trusted digital history of ownership, origin, and event details.
- QCAD (Stablecorp Canadian Dollar Stablecoin) The first Canadian dollar stablecoin, representing a digital currency that moves at the speed of the internet, can be exchanged like digital content, and is cheaper and more secure than existing payment systems. It is the foundation of services including treasury services, FX, and digital yield, provided by Stablecorp.
- Grapes Finance A blockchain-powered platform for cross-border payments and treasury management, leveraging digital asset rails for instant settlement, global interconnectivity, and cost-effective currency conversion via on-chain FX providers at basis points cost.
- DID:STLLR A W3C-compliant Decentralized Identifier (DID) method built on Soroban, Stellar's smart contract platform. Enables self-sovereign, portable, and decentralized identity for the Stellar ecosystem, providing utility to any Stellar project requiring identity and allowing W3C-compliant DID implementations to verify Verifiable Credentials.
- 3iQ Digital Asset Management Solution Digital asset management solution that includes a centralized data warehouse consolidating business and market intelligence from multiple data sources, an interactive finance dashboard system updated daily, and automated NAV Tracker, MER Tracker, and Fund Performance report generation. Delivered to 3iQ to strengthen leadership in the digital asset industry.
- Metaltrail Steel Traceability Platform A platform developed with IoT sensors and AI technology to enable the steel industry to digitally trace steel products across the supply chain. Features end-to-end traceability, digital documentation (delivery tickets, Bills of Lading, Certificates of Origin), and interoperability with legacy systems. Delivered in collaboration with the Canadian Federal Government.
- Enterprise Technology Consulting Services Expert technology consulting services provided to enterprises and government clients, covering strategy, product development, data warehousing, data visualization, security, and infrastructure. Delivered through direct enterprise engagements by interdisciplinary teams combining top-tier consulting rigor with startup execution speed.
Quantifiable outcome
- 103M+ cross-border oil shipments tracked with dispute reduction on Neoflow
- +3 more outcomes
Companies that use Mavennet
Customer profileNamed customers7 records
Segments4 records
Ideal customer profiles3 records
Mavennet technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability10 records
Feature9 records
Mavennet partnerships and signals
Strategic signalPartnerships
Eleven partnerships are on record, tiered core and minor.
- Stellar Development FoundationcoreDID:STLLR was unveiled at the Stellar Development Foundation Meridian 2023 conference. The DID method is built on Soroban, Stellar's smart contract platform, and provides identity utility to the entire Stellar ecosystem.
- TransmutecorePartnered in an interoperability plugfest for steel digital trade. Transmute, a vendor to US DHS and US CBP, worked with Mavennet and Credivera to demonstrate multi-vendor interoperability using W3C Verifiable Credentials and DIDs across the steel supply chain.
- CrediveracorePartnered in the steel digital trade interoperability showcase. Credivera, an identity provider, participated alongside Mavennet and Transmute in demonstrating cross-border credential verification using W3C standards.
- ISED (Government of Canada)coreUnder ISED sponsorship, Mavennet participated in an interoperability plugfest as a contractor to the Federal Government of Canada for digitization and improvement of the Canadian steel value chain. ISED also sponsored the steel digital trade showcase.
- I-DELTA Project (17 Partners, 7 Countries)coreA 3-year project focused on DLT technology interoperability, wrapped up in 2023. The project involved 17 partners across 7 countries collaborating on standards for verifiable credentials and decentralized identifiers in supply chain applications.
- Digital SuperclusterminorMavennet became a member of the Digital Supercluster, Canada's technology consortium focused on accelerating digital transformation across industries.
- W3C (World Wide Web Consortium)coreMavennet became a full W3C Member and active W3C-CCG contributor, working on standards for Verifiable Credentials (VC-HTTP-API), traceability vocabulary, RevocationList2020/StatusList2021, and other W3C-CCG specifications. The company hosts interoperability plugfests under the W3C-CCG umbrella.
- Canadian Federal GovernmentcoreMavennet partnered with the Canadian Federal Government on Phase 1 and Phase 2 of a steel traceability project. The government provided regulatory expertise while Mavennet developed the digital traceability platform, ensuring practicality, effectiveness, and scalability.
- DIACC (Digital ID and Authentication Council of Canada)minorMavennet became a member of DIACC, contributing to the Pan-Canadian Trust Framework (PCTF) and working toward a unified digital identity approach in Canada.
- US Department of Homeland Security (DHS) / Silicon Valley Innovation ProgramcoreCollaboration began in 2019 with the US Department of Homeland Security on oil traceability. The partnership expanded in 2020 to include natural gas. Mavennet participates in the SVIP program which sponsors interoperability testing and standardization of verifiable credentials and DIDs across supply chain applications.
- MaRS Discovery DistrictcoreMavennet became a MaRS company upon its incorporation in 2018. MaRS is Canada's leading innovation hub providing access to resources, networks, and mentorship for technology ventures.
Scale indicators6 records
Recent moves12 records
Expansion highlights6 records
Mavennet competitors and assessment
Company assessmentDirect peers
- R3: Enterprise blockchain platform and consortium operator (Corda). Most direct comparable as a venture-style enterprise DLT company building consortium-based solutions for regulated industries, with similar consulting/managed-service revenue model.
- Kaleido: Enterprise blockchain platform and managed service provider. Directly comparable as an enterprise blockchain infrastructure vendor with similar consortium-style deployments and consulting wraparound.
- Spruce: Decentralized identity and verifiable credentials platform contributing to W3C standards. Direct competitor in the DID/VC space alongside Mavennet's DID:STLLR work.
- Digital Asset: Enterprise DLT company (Canton, Daml smart contract language) targeting financial services and supply chains. Directly comparable technology and consulting approach to Mavennet's enterprise blockchain focus.
- Transmute: Verifiable credentials and supply chain interoperability platform, partnered with Mavennet on US DHS SVIP. Closest competitor in W3C-based cross-border trade credentials space.
- Highline Beta: Canadian corporate venture studio building and scaling new ventures. Closest comparable as a fellow Canadian venture studio with B2B/enterprise focus and similar model to Mavennet Venture Labs.
- Chainyard: Supply chain and trade finance blockchain consultancy. Direct competitor in the same supply chain traceability and verifiable credentials space as Neoflow and Metaltrail.
Broad incumbents
- EY Blockchain (OpsChain): Big Four consulting practice with proprietary enterprise blockchain platform (OpsChain). Comparable in client base (regulated industries, governments) and blockchain consulting orientation.
- ConsenSys: Enterprise blockchain consulting and infrastructure built on Ethereum. Comparable as a blockchain-native consulting and product firm serving enterprises and governments, though broader scope and larger scale than Mavennet.
- IBM Blockchain: Hyperledger-based enterprise blockchain suite and consulting. Broad incumbent offering overlapping capabilities to Mavennet's enterprise blockchain stack with much larger scale and enterprise customer base.
Market position
Strengths1 record
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Mavennet social profiles
Digital presenceMavennet financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mavennet leadership team
Management profileNumber of profiles
Profiles7 records
Mavennet subsidiaries and ownership
Company hierarchySubsidiaries5 records
Mavennet funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mavennet M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mavennet
What does Mavennet do?
Mavennet is a venture studio and technology consulting firm that creates and grows innovative technology ventures through Mavennet Venture Labs, while simultaneously delivering enterprise and government technology consulting services in Data Management, Digital Identity, Blockchain, and AI. The firm builds proprietary blockchain-based products (Neoflow for energy assets, AgreeWe for agreements, QCAD stablecoin, Grapes for cross-border payments, Metaltrail for steel traceability, DID:STLLR for decentralized identity) and provides consulting engagements in digital transformation, product development, data warehousing, visualization, security, and infrastructure.
Is Mavennet a public or private company?
Mavennet is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mavennet founded?
Mavennet was founded in 2018. It employs 11 to 50 people.
Where is Mavennet based?
Mavennet is headquartered in Toronto, Canada, in the North America region.
How does Mavennet make money?
Three revenue lines are on record. Venture Creation (Venture Labs) is the primary driver. The others are technology Consulting Services and stablecoin & Digital Asset Services (QCAD via Stablecorp).
Who are Mavennet's main competitors?
Direct peers on record are R3, Kaleido, Spruce, Digital Asset, Transmute, Highline Beta and Chainyard. Broad incumbents are EY Blockchain (OpsChain), ConsenSys and IBM Blockchain.
Does Mavennet have an API?
No public API is recorded for Mavennet.
What industry is Mavennet in?
Mavennet's product category is Enterprise Blockchain Software. Its primary akta.pro industry code is FSAPAIAL, Interoperability & Integration Middleware (ERP/core banking connectors, messaging, APIs, cross-chain to permissioned), with a secondary code of FSAPAIAB, Consortium Networks & Governance (network setup, onboarding, rules, node operations). Its NAICS code is 518210 and its SIC code is 6200.