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
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Dama Technology Inc
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$12.6 M (USD)
in 1 rounds
-
Latest Funding Round
$12.6 M (USD), Series B
Apr 23, 2021
-
Investors
-
Employee Count
65
as on Dec 31, 2021
- Investments & Acquisitions
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Dama Financial
Dama Financial offers a comprehensive portfolio of products and services, including Marketplace, Payments, Banking, and Logistics. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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
Unlock access to complete
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 Total Funding
- Total Rounds 1
- Last Round Series B — $12.6M
-
First Round
First Round
(23 Apr 2021)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Series B - Dama Financial | Valuation |
investors |
|
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Dama Financial
Dama Financial has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include GrowFlow. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Seed-to-sale software solutions are provided for cannabis wholesalers and retailers.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Dama Financial
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Dama Financial Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial information resources on green markets are provided.
|
|
| domain | founded_year | HQ Location |
Operates as an internet-first bank providing tailored banking for cannabis businesses.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Dama Financial
Frequently Asked Questions about Dama Financial
When was Dama Financial founded?
Dama Financial was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Where is Dama Financial located?
Dama Financial is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Dama Financial?
Dan Henry is the current CEO of Dama Financial. They have also founded this company.
Is Dama Financial a funded 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 23, 2021.
How many employees does Dama Financial have?
As of Dec 31, 2021, the latest employee count at Dama Financial is 65.
What does Dama Financial do?
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.
Who are the top competitors of Dama Financial?
Dama Financial's top competitors include Green Market Report and BankIQ.
What products or services does Dama Financial offer?
Dama Financial offers Marketplace, Payments, Banking, and Logistics.
How many acquisitions has Dama Financial made?
Dama Financial has made 1 acquisition, including GrowFlow.