Veem
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Contact Information
Overview
Veem is a payment service provider that helps simplify the way businesses send and receive funds.
It offers a platform that enables small businesses to send and receive payments in local currency. Using blockchain as a payment rail, the company eliminates the need for intermediary banks, reducing costs for small- and medium-sized businesses. It converts the sender’s funds into bitcoin, selling the digital currency at an exchange for the desired currency of the recipient.
Aldo Carrascoso and Marwan Forzley co-founded the company in 2014 and is headquartered in San Francisco, California.
About
Industries
Financial Services, FinTech, Payments, Blockchain, Bitcoin
Founded
2014
Employees
101-250
Headquarters locations
United States, North America
Social
N/A
Profile Resume
Veem headquartered in United States, North America, operates in the Financial Services, FinTech, Payments, Blockchain, Bitcoin sector. The company focuses on Financial Services and has secured $17.8B in funding across 180 round(s). With a team of 101-250 employees, Veem is actively contributing to advancements in Financial Services. Their latest funding round, Seed Round - Veem, raised $100.0K. Discover more about their projects, partnerships, and impact on our platform.
Funding Rounds
Funding rounds
9
Investors
7
Lead Investors
0
Total Funding Amount
$98.8M
Details
6
Veem has raised a total of $98.8M in funding over 6 rounds.
| Announcement date | Transaction name | Number of Investors | Money raised | Lead Investor |
|---|---|---|---|---|
| 2017 | Early Stage Venture | 24.0M | ||
| 2015 | Early Stage Venture | 5.0M | ||
| 2015 | Early Stage Venture | 12.5M | ||
| 2015 | Seed | 100.0K |
Investors
Veem is funded by 85 investors.
| Investor Name | Lead Investor | Funding Round | Partners |
|---|---|---|---|
| Recruit Strategic Partners | - | FUNDING ROUND - Recruit Strategic Partners | 12.5M |
| Solon Mack Capital | - | FUNDING ROUND - Solon Mack Capital | 100.0K |
| Veem | - | FUNDING ROUND - Veem | 100.0K |
| Nyca Partners | - | FUNDING ROUND - Nyca Partners | 100.0K |
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