Tech Company Financing Transactions
Serica Funding Round
Serica secured a $120 thousand Seed funding round on 8/19/2015. Backers included Y Combinator.
Transaction Overview
Company Name
Announced On
8/19/2015
Transaction Type
Accelerator
Amount
$120,000
Round
Seed
Investors
Proceeds Purpose
The company will use the proceeds to accelerate its initial development.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94108
USA
San Francisco, CA 94108
USA
Phone
Website
Email Address
Not Recorded
Overview
The marijuana business is growing 15% year-over-year. But businesses in the US can't use traditional banking or credit for legal reasons, and rely on cash management. Serica offers a blockchain-based finance system that can handle online payments, and is starting to manage payroll and supplier invoicing.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Taariq Lewis
Browse more venture capital transactions:
Prev: 8/19/2015: Immusoft venture capital transaction
Next: 8/20/2015: Shippo venture capital transaction
Share this article
About Our Venture Capital Transactions Database
Our team works diligently to document every notable VC transaction. VC investment data records reported here are sourced from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs