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Veem

Veem?uq=PEM9b6PF
2014 FOUNDED
PRIVATE STATUS
41-50 EMPLOYEES
Early Stage VC LATEST DEAL TYPE
$25M LATEST DEAL AMOUNT
32 INVESTORS
Description

Provider of a next generation payment platform designed to change the legacy financial payment system through innovation. The company's platform sends and receives payments in local currency via a friction-less manner by using the blockchain as a new settlement rail, improve the costly and outdated payments industry by building a new user-focused financial ecosystem that services businesses globally, enabling users to securely pay and get paid from their business partners all over the world.

Website
Formerly Known As
Align Commerce
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Other Financial Services
Primary Office
  • 50 Osgood Place
  • Suite 220
  • San Francisco, CA 94133
  • United States

+1 (877) 000-0000
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Veem Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Early Stage VC 21-Sep-2018 $25M 000.00 00000 Completed Generating Revenue
6. Early Stage VC (Series B3) 21-Jul-2017 000 000.00 00000 Completed Generating Revenue
5. Early Stage VC (Series B) 26-Sep-2018 000.00 000.00 000.00 Completed Generating Revenue
4. Secondary Transaction - Private 000.00 Completed Generating Revenue
3. Early Stage VC (Series A) 17-Nov-2015 000.00 000.00 000.00 Completed Startup
2. Seed Round 29-Apr-2015 $1.5M Completed Startup
1. Accelerator/Incubator 30-Oct-2014 Completed Product In Beta Test
To view this company’s complete deal history including valuation and funding, request access »

Veem Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned
Series B4 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B5 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00
Series B3 000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series B2 000,000 00.000000 00.00 00.0 00.0 00 00.0 0.000
Series B1 0,000,000 00.000000 00.00 00.0 00.0 00 00.0 00.000
Series A2 2,644,453 $0.000100 $0.14 $2.27 $2.27 1x $2.27 7.04%
Series A1 6,547,566 $0.000100 $0.07 $1.13 $1.13 1x $1.13 17.43%
To view this company’s complete Cap Table, request access »

Veem Investors (32)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
National Australian Bank Ventures Corporate Venture Capital Minority 000 0000 000000 0
SBI Investment Venture Capital Minority 000 0000 000000 0
Alumni Ventures Group Venture Capital Minority 000 0000 000000 0
Extol Capital Venture Capital Minority 000 0000 000000 0
GV Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 32 investors. Get the full list »

Veem Executive Team (11)

Name Title Board
Seat
Contact
Info
Marwan Forzley Co-Founder & Chief Executive Officer
Jonas Edgeworth Chief Technology Officer
Jay Hansen Chief Council & Compliance Officer
Frederick Crosby Chief Revenue & Marketing Officer
Lisa Dempsey Controller

1 Former Executive

You’re viewing 5 of 11 executives. Get the full list »

Veem Board Members (2)

Name Representing Role Since Contact
Info
Melissa Widner National Australia Bank Board Member 000 0000
Randy Komisar JD Kleiner Perkins Board Member 000 0000