Sila

Sila

A new financial world, built by you. Sila is the leading money API for fintech.

Founded 2018

Portland, United States 57 employees Series A Total: $20.70M Financial Services, Fintech +2

Sila is a financial technology startup that is revolutionizing the industry with its innovative money API. The company, which was founded in 2018, offers a developer-friendly sandbox, bank agency, and embedded compliance, enabling its fintech and crypto customers to swiftly transition from MSA signing to live production with compliant payments in as little as a few weeks. Sila's standout feature lies in its provision of immediate funds availability risk-free, even in the most pervasive fraud environments. With its commitment to providing seamless and secure financial solutions, Sila has captured the attention of Venture Capitalists, securing a substantial $13.00M Series A investment on 26 July 2021. This funding round was led by Madrona, Mucker Capital, The R-Group, Oregon Venture Fund, Revolution Ventures, and Taavet Hinrikus, underscoring the confidence and interest of prominent investors in the startup's potential. As a United States-based company operating at the intersection of Financial Services, Fintech, Payments, and Banking, Sila is positioned to continue making waves in the world of finance.

Funding Stage	Amount	Investors	Lead Investors	Date
Series A	$13.00M	6	Madrona, Mucker Capital +4	26 Jul 2021
Seed Round	$7.70M	4	Madrona, Oregon Venture Fund +2	08 Jan 2020
Convertible Note	Undisclosed	-		22 Jan 2019
Pre Seed Round	Undisclosed	-		30 Mar 2018

Funding Stage

Amount

Investors

Lead Investors

Date

Series A

$13.00M

Madrona, Mucker Capital +4

26 Jul 2021

Seed Round

$7.70M

Madrona, Oregon Venture Fund +2

08 Jan 2020

Convertible Note

Undisclosed

22 Jan 2019

Pre Seed Round

Undisclosed

30 Mar 2018

FAQ About Sila

A new financial world, built by you. Sila is the leading money API for fintech.

Sila was founded in 2018.

Sila is headquartered in Portland, United States.

Sila operates in Financial Services, Fintech, Payments and Banking. Its work centres on API, developer-friendly, cryptocurrencies and payments.

Sila has approximately 57 employees.

Sila has completed 4 funding rounds, raising a total of $20.70M. The latest funding stage is Series A.

Top alternatives and competitors to Sila include Lean Technologies, Paygilant, BlueHill Payments, OnlineCheckWriter.com - Powered by Zil Money, SurePay. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.

Sila and Lean Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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Funding Rounds & Investors (4)

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