Serica Garners $120,000 Seed Financing Round
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc2ed909-d1b5-46b3-8f22-afaf61c1e0cc - Date
8/19/2015 - Company Name
Serica - Mailing Address
Undisclosed San Francisco, CA 94108 USA - Company Description
The marijuana business is growing 15% year-over-year. But businesses in the US can’t use traditional banking or credit for legal reasons, and rely on cash management. Serica offers a blockchain-based finance system that can handle online payments, and is starting to manage payroll and supplier invoicing. - Website
http://www.sericapay.com - Transaction Type
Accelerator - Transaction Amount
$120,000 - Transaction Round
Seed - Proceeds Purposes
The company will use the proceeds to accelerate its initial development. - M&A Terms
- Venture Investor
Y Combinator
