Vama

Vama

Growth 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 this Round: Raised: $901,780

Total Commitments ($USD)

Platform

Dealmaker Securities

Start Date

12/21/2023

Close Date

07/30/2024

Min. Goal
$10,000
Max. Goal
$4,000,000
Min. Investment

$500

Security Type

SAFE

Series

Seed

SEC Filing Type

RegCF    Open SEC Filing

Valuation Cap

$149,000,000

Discount

0%

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 $149 million, is raising funds on Dealmaker Securities. The company has developed a secure and convenient way for users to communicate and send money to each other. Vama has combined chat and payments in one platform, thus simplifying the user experience and making it more cohesive and efficient. The company 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 $10,000 and a maximum target of $4 million. The campaign proceeds will be used for operations, general working capital, marketing, product development, and research development.

Summary Profit and Loss Statement

FY 2023 FY 2022

Revenue

$0

$0

COGS

$0

$0

Tax

$0

$0

 

 

Net Income

$-272,150

$7,051

Summary Balance Sheet

FY 2023 FY 2022

Cash

$558,844

$7,051

Accounts Receivable

$0

$0

Total Assets

$589,801

$7,051

Short-Term Debt

$57,854

$0

Long-Term Debt

$0

$0

Total Liabilities

$57,854

$0

Financials as of: 12/21/2023
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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 $901,780 SAFE Active RegCF
Vama 10/13/2023 Dalmore Group $40,000,000 $711,000 SAFE Funded RegCF
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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.

Valuation History

Price per Share History

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

Employee History

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Vama on Dealmaker Securities 2023
Platform: Dealmaker Securities
Security Type: SAFE
Valuation: $149,000,000

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