Vama

Vama

Early Stage

Convenient and secure way to communicate and make payments in one easy-to-use app.

Convenient and secure way to communicate and make payments in one easy-to-use app.

Overview

Raised to Date: Raised: $711,000

Total Commitments ($USD)

Platform

Dalmore Group

Start Date

06/06/2023

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    Open SEC Filing

Valuation Cap

$40,000,000

Discount

0%

Rolling Commitments ($USD)

Status
Funded
Reporting Date

10/30/2023

Days Remaining
Funded
% of Min. Goal
Funded
% of Max. Goal
Funded
Likelihood of Max
Funded
Avg. Daily Raise

$5,512

# of Investors

251

Momentum
Funded
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Year Founded

2022

Industry

Financial & Insurance Products & Services

Tech Sector

Fintech

Distribution Model

B2C

Margin

Medium

Capital Intensity

Low

Location

SANTA MONICA, California

Business Type

Growth

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: 06/06/2023
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Raise History

Offering Name Close Date Platform Valuation/Cap Total Raised Security Type Status Reg Type
Vama 07/29/2024 Dealmaker Securities $149,000,000 $496,398 SAFE Active RegCF
Vama 10/13/2023 Dalmore Group $40,000,000 $711,000 SAFE Funded RegCF
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Price per Share History

Note: Share prices shown in earlier rounds may not be indicative of any stock splits.

Valuation History

Revenue History

Note: Revenue data points reflect the latest of either the most recent fiscal year's financials, or updated revenues directly from the founder, at each raise's close date.

Employee History

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Vama on Dalmore Group 2023
Platform: Dalmore Group
Security Type: SAFE
Valuation: $40,000,000

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