Dama Financial

San Francisco, United States Founded: 2016 • Age: 10 yrs
Digital banking services are offered to the cannabis industry.
Annual revenue - Latest available
Total funding $12.6M 1 rounds
Employees 65 Tracked headcount
Investors - Known backers
Products 4 Services tracked
Competitors 3 Brand Intelligence

About Dama Financial

Dama Financial is a company based in San Francisco (United States) founded in 2016 by Dan Henry. Dama Financial has raised $12.6 million across 1 funding round. The company has 65 employees as of December 31, 2021. Dama Financial has completed 1 acquisition, including GrowFlow. Dama Financial offers products and services including Marketplace, Payments, Banking, and Logistics. Dama Financial operates in a competitive market with competitors including Green Market Report and BankIQ, among others.

  • Headquarter San Francisco, United States
  • Employees 65 as on 31 Dec, 2021
  • Founders Dan Henry
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dama Technology Inc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $12.6 M (USD)

    in 1 rounds

  • Latest Funding Round
    $12.6 M (USD), Series B

    Apr 23, 2021

  • Investors
    Not available
  • Employee Count
    65

    as on Dec 31, 2021

  • Investments & Acquisitions
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Products & Services of Dama Financial

Dama Financial offers a comprehensive portfolio of products and services, including Marketplace, Payments, Banking, and Logistics.

Product name locked
Category locked
Primary

Online system for cannabis businesses to buy and sell products

Product name locked
Category locked
Locked

Secure transaction tools for cannabis industry payments

Product name locked
Category locked
Locked

Tailored banking solutions for cannabis cash management

Product name locked
Category locked
Locked

Services for managing cannabis product distribution and transport

People of Dama Financial

Headcount 200-500
Employee Profiles 51
Employee Profiles
People
Steffne (Stevie) Palmateer
Chief Technology Officer
People
Michelle Sullivan
Chief Compliance Officer
People
Lisa (Chun) Wang
General Counsel
People
Alexa Kianofsky
Director Of Business Operations

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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.

Investments & Acquisitions by Dama Financial

Dama Financial has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GrowFlow.

Investments
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Investment portfolio details for Dama Financial

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  • Portfolio identities
  • Transaction dates
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  • Investment values

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Acquisitions
Company Name Description Domain Location Founded Year Amount
Seed-to-sale software solutions are provided for cannabis wholesalers and retailers.
Locked Locked 2016 Locked
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Complete acquisition details for Dama Financial

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  • Acquired stakes
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  • Domains and locations

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Financial Statements - Dama Financial

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Detailed financials for Dama Financial

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Dama Financial Comparisons

Dama Financial Primary company
Description
Digital banking services are offered to the cannabis industr...
Location
San Francisco, United States
Founded Year
2016
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
65
As of 2021
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Peer comparison for Dama Financial

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Competitors of Dama Financial

Dama Financial operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Green Market Report and BankIQ, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Financial information resources on green markets are provided.
Locked Locked Locked
Operates as an internet-first bank providing tailored banking for cannabis businesses.
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Detailed competitors of Dama Financial

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Latest news on Dama Financial

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Complete news archive for Dama Financial

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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 current CEO of Dama Financial. 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.

As of Dec 31, 2021, the latest employee count at Dama Financial is 65.

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's top competitors include Green Market Report and BankIQ.

Dama Financial offers Marketplace, Payments, Banking, and Logistics.

Dama Financial has made 1 acquisition, including GrowFlow.

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