About Vama
Vama is a company based in Santa Monica (United States) founded in 1999.. Vama has raised $5.16 million across 1 funding round. Vama offers products and services including Vama App and Group Payment Feature. Vama operates in a competitive market with competitors including Quikwallet, Hubla, Minnect, Netzme and TextPayMe, among others.
- Headquarter Santa Monica, United States
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Sectors
Financial Services
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Phone
*********
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Website
*********
- Legal Name Technology Holdings North America Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.16 M (USD)
in 1 rounds
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Latest Funding Round
$5.16 M (USD), Series A
Sep 01, 2023
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Investors
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Employee Count
Employee Count
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Products & Services of Vama
Vama offers a comprehensive portfolio of products and services, including Vama App and Group Payment Feature. 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.
App for secure chatting and fee-free money transfers via integrated payments.
Tool to split bills and send money in group chats securely and quickly.
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Funding Insights of Vama
Vama has successfully raised a total of $5.16M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.16 million completed in September 2023. 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 A — $5.2M
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First Round
First Round
(01 Sep 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Series A - Vama | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Vama
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Vama
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Vama Comparisons
Competitors of Vama
Vama 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 Quikwallet, Hubla, Minnect, Netzme and TextPayMe, 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 |
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| domain | founded_year | HQ Location |
Mobile wallet app is utilized for restaurant payments and discoveries.
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| domain | founded_year | HQ Location |
Money-earning features are offered via a digital application.
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| domain | founded_year | HQ Location |
Provides a chatbot-enabled platform for mentor payments and consultations.
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| domain | founded_year | HQ Location |
Provides API, apps, and digital payment services for business transactions.
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| domain | founded_year | HQ Location |
Online payment processing services are provided for businesses.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Vama
When was Vama founded?
Vama was founded in 1999 and raised its 1st funding round 24 years after it was founded.
Where is Vama located?
Vama is headquartered in Santa Monica, United States. It is registered at Santa Monica, California, United States.
Who is the current CEO of Vama?
Carlos Cruz is the current CEO of Vama.
Is Vama a funded company?
Vama is a funded company, having raised a total of $5.16M across 1 funding round to date. The company's 1st funding round was a Series A of $5.16M, raised on Sep 01, 2023.
What does Vama do?
Conversational payment platform for individuals. Combines chat and payments in single app, offering users a convenient and secure way to communicate and make payments including sending money to friends, tipping, splitting bills, launching a subscription community, and more.
Who are the top competitors of Vama?
Vama's top competitors include Quikwallet, BlytzPay and TextPayMe.
What products or services does Vama offer?
Vama offers Vama App and Group Payment Feature.
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