Vama
Early Stage
Convenient and secure way to communicate and make payments in one easy-to-use app.
Overview
Raised: $474,000
Total Commitments ($USD)
Platform
Dalmore Group
Start Date
06/07/2023
Close Date
10/14/2023
Min. Goal
$25,000
Max. Goal
$1,235,000
Min. Investment
$500
Security Type
SAFE
Series
Pre-Seed
SEC Filing Type
RegCF
Valuation Cap
$40,000,000
Discount
0%
Rolling Commitments ($USD)
Status
Active
Reporting Date
09/26/2023
Days Remaining
18
% of Min. Goal
1,896%
% of Max. Goal
38%
Likelihood of Max
Avg. Daily Raise
$4,270
# of Investors
211
Momentum
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Year Founded
2022
Industry
Financial & Insurance Products & Services
Tech Sector
Fintech
Distribution Model
B2C
Margin
Medium
Capital Intensity
Low
Vama, with a valuation of $40 million, is raising funds on Dalmore Group. The company has developed a secure and convenient way for users to communicate and send money to each other. The app has combined chat and payments in one platform, thus simplifying the user experience and making it more cohesive and efficient. Vama is led by an experienced team and aims to reach 1 million monthly active users in the first year and 5 million users within three years. Carlos Cruz founded Vama in May 2022. The current crowdfunding campaign has a minimum target of $25,000 and a maximum target of $1.24 million. The campaign proceeds will be used for operations, general working capital, marketing, product development, and research development.
Summary Profit and Loss Statement
| FY 2022 | FY 2021 | |
|---|---|---|
|
Revenue |
$20,000 |
$0 |
|
COGS |
$0 |
$0 |
|
Tax |
$0 |
$0 |
| ||
| ||
|
Net Income |
$7,051 |
$0 |
Summary Balance Sheet
| FY 2022 | FY 2021 | |
|---|---|---|
|
Cash |
$7,051 |
$0 |
|
Accounts Receivable |
$0 |
$0 |
|
Total Assets |
$7,051 |
$0 |
|
Short-Term Debt |
$0 |
$0 |
|
Long-Term Debt |
$0 |
$0 |
|
Total Liabilities |
$0 |
$0 |
Financials as of: 06/07/2023
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