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Sila

company

About

Sila is the leading money API for fintech. An API platform that provides banking and payment infrastructure-as-a-service.

Details

Last Funding Type
Convertable Note
Industries
Banking,Credit Cards,Debit Cards,Developer APIs,Financial Services,FinTech,Payments
Founded date
Jan 1, 2018
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Sila Inc.

Sila is the leading money API for fintech. Using our developer-friendly sandbox, bank agency, and embedded compliance, our fintech and crypto customers have gone from MSA signing to live in production with compliant payments in as little as a few weeks. Our money API includes solutions for immediate funds availability risk-free to our customers, even in the most pervasive fraud environments. Our core strength is innovating on top of ACH, the backbone of the US payment system. Harness its power. Make everything else better.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
4
$20.70M
Sila has raised a total of $20.70M in funding over 2 rounds. Their latest funding was raised on Jul 26, 2021 from a Series A round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 26, 2021 Series A $13M 6 Revolution Ventures Detail
Jan 8, 2020 Seed $7.70M 8 Madrona
Oregon Venture Fund
Rick Holt
Detail
Jan 22, 2019 Convertable Note 1 Detail
Mar 30, 2018 Pre-seed 1 Detail

Investments

Number of Investments
Number of Lead Investments
1
0
Sila has made 1 investments. Their most recent investment was on Dec 14, 2016, when Splash raised $7M.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 14, 2016 Splash
Series B $7M Event Management

Investors

Number of Lead Investors
Number of Investors
4
10
Sila is funded by 10 investors. Revolution Ventures and Rick Holt are the most recent investors.
Investor Name Lead Investor Funding Round
Revolution Ventures Yes Series A
Rick Holt Yes Seed
Madrona Series A
Mucker Capital Series A
Oregon Venture Fund Series A
Taavet Hinrikus Series A
The R-Group, LLC Series A
99 Tartans Seed
Jerry Neumann Seed
Plug and Play Convertable Note

Employee Profiles

Number of Employee Profiles
10
Sila has 10 current employee profiles, including Board member Jerry Neumann
Board member
Executive
Executive
Executive