Tech Company Financing Transactions

Serica Funding Round

On 10/23/2015, Serica secured $611 thousand in Seed funding from 500 Global, private investors and Y Combinator.

Transaction Overview

Company Name
Announced On
10/23/2015
Transaction Type
Online Capital
Online Capital
Amount
$611,000
Round
Seed
Investors

500 Global

private investors (aaron Harris)

private investors (David Nikzad)

private investors (Joby Weeks)

private investors (Matthew McKnight)

private investors (Sean Percival)

Y Combinator

Proceeds Purpose
Proceeds purposes were not disclosed. Transaction amount may include investment reservation only or amount actually remitted to company. Contact technology company for investment details, if applicable. Not an offer or solicitation for sale of securities.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94108
USA
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
Serica LinkedIn Company Profile
Social Media
Serica Company Twitter Account
Company News
Serica News
Facebook
Serica on Facebook
YouTube
Serica on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Taariq Lewis
  Taariq Lewis LinkedIn Profile  Taariq Lewis Twitter Account  Taariq Lewis News  Taariq Lewis on Facebook


 

 

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Next: 10/23/2015: Bownty venture capital transaction

 

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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.

 


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