About Dama Financial
Dama Financial is a Financial Services company based in San Francisco (United States) founded in 2016 by Dan Henry. Digital banking services are offered to the cannabis industry. Dama Financial has raised $12.6 million across 1 funding round. The company has 65 employees. Dama Financial has completed 1 acquisition, including GrowFlow. Its chief executive, as recorded, is Dan Henry. Its website damafinancial.com draws about 11 thousand monthly visits. Dama Financial offers products and services including Marketplace, Payments, Banking, and Logistics. Its focus areas include FinTech, Banking Tech, Internet First Banks and Through Bank Partnerships. Its legal entity is Dama Technology Inc.
Company details
Dama Financial was established in 2016 in San Francisco, United States, to serve the cannabis sector. Business and personal banking are facilitated through digital accounts, prepaid cards for online and offline transactions, bill payments, and money transfers. Taxation assistance, invoicing, cash management, and payroll services are also provided to support industry operations.
- Headquarters San Francisco, United States
- Employees 65
- Founders Dan Henry
- SectorsFinancial Services
- Website category Finance · Accounting and Auditing
- Email••••••••
- Phone•••• ••••
- Website damafinancial.com
- Social LinkedIn X
- Legal Name Dama Technology Inc
- Total Equity Funding$12.6M (USD)
in 1 rounds
- Latest Funding Round$12.6M (USD), Series B
Apr 2021
- Employee Count65
- Investments & Acquisitions
Products & Services of Dama Financial
Dama Financial offers a comprehensive portfolio of products and services, including Marketplace, Payments, Banking, and Logistics.
Online system for cannabis businesses to buy and sell products
Secure transaction tools for cannabis industry payments
Tailored banking solutions for cannabis cash management
Services for managing cannabis product distribution and transport
Funding Insights of Dama Financial
Dama Financial has successfully raised a total of $12.6M through 1 strategic funding round. The most recent funding activity was a Series B round of $12.6 million completed in April 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $12.6M
- Total Rounds 1
- Last Round Series B — $12.6M
- First Round $12.6M
(Apr 2021)
All 1 funding rounds of Dama Financial with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2021 | $12.6M | Series B | – | – | – |
People of Dama Financial
51 people are tracked at Dama Financial (16 in leadership, 35 in team); the tracked headcount is 65.
| Name | Role | Group |
|---|---|---|
Dan Henry | Co-Founder & CEO | Leadership |
Steffne (Stevie) Palmateer | Chief Technology Officer | Leadership |
Michelle Sullivan | Chief Compliance Officer | Leadership |
Alexa Kianofsky | Director Of Business Operations | Leadership |
Mindon Win | Director Of Customer Success | Leadership |
Kate Biggs | Sr Director of Sales | Leadership |
Evan S. | Senior Vice President of Global Sales & Expansion | Leadership |
Dominick Gaitan | Director - Technology Partnerships | Leadership |
Ryan Himmel, CPA | VP, Head of Strategic Partnerships | Leadership |
Sébastien Monney | VP, Head of Product Design & Research | Leadership |
Niriksha Kannan | Vp, People | Leadership |
Zmicer Kazak | Director, Revenue Operations | Leadership |
Kimberlee Baker | Head of HR | Leadership |
Rodney Bonds | VP of Supply Chain Execution | Leadership |
Chandler Salisbury | CFO | Leadership |
David Ortiz | Vice President, Business Systems | Leadership |
Lisa (Chun) Wang | General Counsel | Team |
Nageen Qasim | Lead Strategic Project Manager | Team |
Marie-Pierre Braswell | Senior Program Manager | Team |
Ben Burstein | Corporate Development Manager | Team |
31 more people are available in the full profile.
Complete people profiles for Dama Financial
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Dama Financial
Dama Financial has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GrowFlow.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Seed-to-sale software solutions are provided for cannabis wholesalers and retailers. | growflow.com | Seattle, United States | 2016 | Jan 2022 | •••• |
Complete acquisition details for Dama Financial
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Dama Financial
3 dated milestones of Dama Financial across 6 years, from founding to its latest funding, stage changes and deals.
- Founded Dama Financial is founded.
- Funding First funding round of $12.6M.
- Acquisition Acquires GrowFlow.
Web traffic of Dama Financial
The website of Dama Financial (damafinancial.com) receives about 10.6K visits a month and ranks #1,063,446 among all websites worldwide, #2,634 in Accounting and Auditing.
- Monthly visits10.6K
▼ 44.4% vs previous month
- Unique visitors3.2K
per month
- Global rank#1,063,446
among all websites
- Category rank#2,634
Finance · Accounting and Auditing
- Bounce rate20%
- Pages per visit6.2
- Average visit4 min 26 sec
- DevicesDesktop 85% · Mobile 15%
Top companies in Banking & FinTech Platforms
3 companies that operate in the same segment as Dama Financial (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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Frequently Asked Questions about Dama Financial
Dama Financial was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Dama Financial is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Dan Henry is the CEO of Dama Financial, as recorded in our data. They have also founded this company.
Dama Financial is a funded company, having raised a total of $12.6M across 1 funding round to date. The company's 1st funding round was a Series B of $12.6M, raised on Apr 2021.
Dama Financial has 65 employees.
Dama Financial was established in 2016 in San Francisco, United States, to serve the cannabis sector. Business and personal banking are facilitated through digital accounts, prepaid cards for online and offline transactions, bill payments, and money transfers. Taxation assistance, invoicing, cash management, and payroll services are also provided to support industry operations.
Dama Financial offers Marketplace, Payments, Banking, and Logistics.
Dama Financial has made 1 acquisition, including GrowFlow.
Dama Financial operates through Dama Technology Inc.