Mangrove
- Company typePrivate
- Founded2023
- HeadquartersNashville, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
Mangrove firmographics
Firmographics- Name
- Mangrove
- Legal name
- Mangrove Technologies, Inc.
- Website
- https://mangrove.ai
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Mangrove industry classification
Industry- Product category
- Digital Asset Trading Platform
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Software Publishers (5132)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Investment Advice (6282)
- akta.pro primary industry
- Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps) (FSAGAMAI)
- akta.pro secondary industry
- Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade) (FSAGAMAC)
Keywords
Where Mangrove is headquartered
LocationHeadquarters
- HQ city
- Nashville
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Mangrove business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure, Others
Revenue model
- Platform Subscriptions: Three-tier subscription model: Free (beginner), Intermediate ($11.99/month - 5 wallets, 5 strategies, 50 tests/month), Pro ($29.99/month - unlimited wallets, 20 strategies, 200 tests/month, priority marketplace ranking). Enterprise custom pricing with dedicated account manager and white-label options.
- Trading Fees: 0.85% fee on profitable trades only. No fees on losing trades. This aligns incentives with user success.
- Strategy Marketplace Commission: 20% share of earnings from monetized strategies published by users on the marketplace. Users subscribe strategies created by others and creators earn when subscribers win.
- Developer API Access: One API key provides access to 10+ data providers (CoinGecko, CoinMarketCap, Nansen, DeFiLlama, Whale Alert), execution venues, and Strategy Engine. Bundled into subscription tiers.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier for beginners - connect 2 wallets, deploy 3 strategies, full portfolio dashboard, browse marketplace |
| Subscription | Monthly | Experienced traders - 5 wallets, 5 strategies, test 50 strategies/month |
| Subscription | Monthly | Serious traders - unlimited wallets, 20 strategies, 200 tests/month, priority marketplace ranking, leaderboard eligibility |
| Subscription | Multi-year contract | Institutions, fund managers & RIAs - everything in Pro plus multi-client management, dedicated support, custom integrations |
Go-to-market motion4 records
Distribution channels4 records
Marketing channels7 records
Mangrove product offering
Product offeringCore offering
Mangrove provides an AI-enabled, non-custodial digital asset ecosystem for building, backtesting, and deploying automated trading strategies across multiple blockchains. Its products include a consumer mobile app with an AI Copilot for no-code strategy creation, an AI Strategy Engine that generates and scores strategies at scale, a Developer API with aggregated market data and execution, an Institutions tier for RIAs and wealth managers, and a decentralized marketplace (MangroveMarkets) where AI agents trade services on-chain.
Product overview
Mangrove Technologies offers a unified digital asset ecosystem for wealth management and agentic finance built around a core AI-powered platform. The main Mangrove® Platform combines a consumer mobile app (Mangrove App) with an AI Copilot for no-code strategy creation, an AI Strategy Engine for generating and deploying automated trading strategies at scale, a Developer API with REST + WebSocket and SDKs on PyPI and npm, and a Strategy Marketplace for monetization. A separate MangroveMarkets product serves autonomous AI agents with a decentralized marketplace and MCP server. The Institutions tier targets RIAs and wealth managers with compliance-ready tooling integrated into Orion, Tamarac, Black Diamond, and Redtail. The ecosystem is non-custodial, x402-enabled, and supports execution across Ethereum, Base, Solana, and XRPL.
Differentiator
Problem solved
Functional benefit
Brands
- MangroveMarkets: The first decentralized marketplace for AI agents where AI agents discover services, trade with each other, and settle on-chain.
- Mangrove Developer Portal
Quantifiable outcome
- 74% of client digital assets are invisible to advisors today - Mangrove surfaces them in one aggregated view
- +2 more outcomes
Companies that use Mangrove
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles4 records
Mangrove technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration15 records
AI capability10 records
Feature8 records
Mangrove partnerships and signals
Strategic signalPartnerships
25 partnerships are on record, tiered core and supporting.
- Anchorage DigitalcoreAnchorage Digital serves as the institutional custody partner for Mangrove when institutional custody is needed. Execution is routed through Anchorage, a federally chartered qualified custodian. This partnership enables Mangrove to serve enterprise clients requiring proper custodial infrastructure while maintaining its non-custodial positioning for retail users.
- Digital Wealth PartnerscoreCo-hosted preview event in Nashville alongside Canary Capital to unveil the Mangrove digital asset ecosystem launch. Strategic partnership for market introduction targeting wealth management professionals.
- Canary CapitalcoreCo-hosted preview event in Nashville alongside Digital Wealth Partners to unveil the Mangrove digital asset ecosystem launch. Strategic partnership for market introduction targeting wealth management professionals.
- CoinGeckosupportingIntegrated data provider for market data. Part of the 10+ external data providers accessible through single Mangrove API key.
- CoinMarketCapsupportingIntegrated data provider for market data. Part of the 10+ external data providers accessible through single Mangrove API key.
- NansensupportingOn-chain analytics provider integrated for enhanced market intelligence. Part of 10+ data providers behind one API key.
- 1inchsupportingDecentralized exchange aggregator for execution. One of multiple execution venues (DEX and CEX) integrated for trade execution.
- UniswapsupportingDecentralized exchange for execution. Part of multi-venue execution infrastructure across Ethereum/Base networks.
- JupitersupportingDEX aggregator on Solana for execution. Part of multi-chain execution infrastructure supporting Ethereum, Base, Solana, and XRPL.
- KrakensupportingCentralized exchange for execution. Part of multi-venue execution infrastructure alongside DEX aggregators.
- OpenAIsupportingAI technology integration supporting AI Copilot functionality for strategy building and the AI Strategy Engine.
- CoinAPIsupportingCryptocurrency data API provider integrated for market data. Part of 10+ data providers behind one API key.
- DeFiLlamasupportingDeFi data aggregator for on-chain analytics. Part of 10+ data providers for comprehensive market intelligence.
- Whale AlertsupportingOn-chain transaction monitoring service. Integrated for whale activity intelligence as part of market data ecosystem.
- xAIsupportingAI/ML integration supporting AI Copilot and Strategy Engine capabilities.
- GroksupportingAI technology integration supporting AI Copilot functionality.
- ClaudesupportingAI technology integration supporting AI Copilot and strategy building features.
- MetaMasksupportingSelf-custody wallet supported for connecting to Mangrove platform. Recommended as starting wallet for new users.
- PhantomsupportingSelf-custody wallet (Solana-focused, now multi-chain) supported for connecting to Mangrove.
- Coinbase WalletsupportingSelf-custody wallet option for connecting to Mangrove. Distinct from Coinbase exchange account.
- Trust WalletsupportingMulti-chain self-custody wallet option supported for connecting to Mangrove.
- OrionsupportingPortfolio management system integration for RIAs. Part of 'Works With Your Stack' partnerships for enterprise clients.
- TamaracsupportingPortfolio management system integration for RIAs. Part of 'Works With Your Stack' partnerships for enterprise clients.
- Black DiamondsupportingPortfolio management system integration for RIAs. Part of 'Works With Your Stack' partnerships for enterprise clients.
- RedtailsupportingCRM integration for RIAs. Part of 'Works With Your Stack' partnerships for enterprise clients.
Scale indicators15 records
Recent moves6 records
Expansion highlights6 records
Mangrove competitors and assessment
Company assessmentBroad incumbents
- Altruist: Wealth management platform for RIAs offering custodial infrastructure, portfolio management, and trading. Comparable as a broad incumbent in the same advisor customer base that Mangrove targets via the Institutions tier.
- Coinbase: Largest U.S. retail and institutional digital asset exchange with custody, prime brokerage, and an expanding advisor offering. Comparable as a broad incumbent in digital asset execution and increasingly in advisor services.
Others
- Anchorage Digital: Federally chartered qualified digital asset custodian that is Mangrove's institutional custody partner. Adjacent ecosystem participant enabling Mangrove's institutional roadmap rather than a direct competitor.
Emerging players
- Cryptohopper: Cloud-based automated crypto trading bot platform with marketplace for third-party strategies and signals. Overlaps with Mangrove's Strategy Marketplace and AI Strategy Engine for retail and prosumer trading audiences.
- WunderTrading: Crypto trading automation platform offering AI-assisted bots, copy-trading marketplace, and multi-exchange execution. Comparable to Mangrove on automation, marketplace, and multi-venue execution for self-directed users.
- Pionex: Crypto exchange with built-in automated trading bots and grid strategies targeting retail algorithmic traders. Comparable to Mangrove on retail algorithmic execution and embedded strategy automation.
Direct peers
- 3Commas: Retail-focused automated crypto trading platform offering bot-based strategy execution, portfolio tracking, and exchange connectivity. Closest comparable to Mangrove's self-directed retail and developer/API product on automation and multi-exchange execution.
- Onramp Invest: Advisor-focused digital asset platform that lets RIAs integrate crypto allocations and client reporting. Closest direct competitor to Mangrove's Institutions tier, addressing the same compliance and visibility friction for wealth managers.
- Eagle Eye Advisors: RIA-focused digital asset platform providing cryptocurrency allocation tools, research, and integrations with major custodians and PMS systems. Comparable in target customer (RIAs), pain point (suitability and reporting), and go-to-market (enterprise field sales).
- Bitwise: Asset manager and RIA-focused digital asset platform offering crypto index funds, separately managed accounts, and advisor education. Directly comparable to Mangrove as a distribution channel that brings digital assets into advisor workflows without custody on the platform.
Market position
Strengths4 records
Weaknesses5 records
Competitive moat8 records
Key risks6 records
Key highlights7 records
Customer concentration
Mangrove social profiles
Digital presenceMangrove compliance and trust
Trust signalCompliance4 records
Mangrove financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mangrove leadership team
Management profileNumber of profiles
Profiles1 record
Mangrove funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mangrove 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 Mangrove
What does Mangrove do?
Mangrove provides an AI-enabled, non-custodial digital asset ecosystem for building, backtesting, and deploying automated trading strategies across multiple blockchains. Its products include a consumer mobile app with an AI Copilot for no-code strategy creation, an AI Strategy Engine that generates and scores strategies at scale, a Developer API with aggregated market data and execution, an Institutions tier for RIAs and wealth managers, and a decentralized marketplace (MangroveMarkets) where AI agents trade services on-chain.
Is Mangrove a public or private company?
Mangrove is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Mangrove founded?
Mangrove was founded in 2023. It employs 1 to 10 people.
Where is Mangrove based?
Mangrove is headquartered in Nashville, United States, in the North America region.
How does Mangrove make money?
Four revenue lines are on record. Platform Subscriptions are the primary driver. The others are trading Fees, strategy Marketplace Commission and developer API Access.
Who are Mangrove's main competitors?
Broad incumbents on record are Altruist and Coinbase. Anchorage Digital is listed as an others. Emerging players are Cryptohopper, WunderTrading and Pionex. Direct peers are 3Commas, Onramp Invest, Eagle Eye Advisors and Bitwise.
Does Mangrove have an API?
Yes. The Mangrove Developer API provides programmatic access to the AI Strategy Engine, market data aggregation, and execution across DEX and CEX venues. Developers can generate, score, and deploy strategies programmatically across 63 assets and 900 time windows through the Strategy Engine API. The API also aggregates market data from CoinGecko, CoinMarketCap, Nansen, DeFiLlama, and Whale Alert under a single key. Execution is available across 1inch, Uniswap, Jupiter, Kraken, and centralized exchanges. REST and WebSocket protocols are supported, and the API is x402-enabled from launch. The mangrove-kb open-source library on PyPI includes 223 trading signals, 99 indicators, and 27 candlestick patterns. Developer documentation is at mangrovedeveloper.ai.
What industry is Mangrove in?
Mangrove's product category is Digital Asset Trading Platform. Its primary akta.pro industry code is FSAGAMAI, Interoperability & Cross-Chain Infrastructure (Bridges, Messaging, Atomic Swaps), with a secondary code of FSAGAMAC, Blockchain Settlement & Clearing Infrastructure (On-/Off-chain Post-Trade). Its NAICS code is 523 and its SIC code is 6200.