Sila

Sila is a company operating in the cryptocurrency, blockchain, fiat-collateralized, application programming interface (API), software as a service (SaaS), banking, and finance industries . Founded in 2018 and based in Portland, Oregon , Sila is focused on providing businesses with a platform for building financial applications using its API .

Sila has raised a total of $20,700,000 in funding . The company's latest funding round took place on July 27, 2021, and was a Series A round, raising $13,000,000 . Investors in Sila include Plug and Play, Madrona, Taavet Hinrikus, Revolution Ventures, Mucker Capital, Jerry Neumann, Oregon Venture Fund, The R-Group, LLC, and 99 Tartans .

The company was founded by Shamir Karkal, Alexander Lipton, Angela Angelovska-Wilson, and Isaac Hines . Shamir Karkal serves as the CEO of Sila , while Chris Chen is the CTO . The company has a team of 74 employees .

Sila's competitors include Stripe, Bill.com, Chargebee, BlueSnap, and Treasurypay .

Sila maintains an official website at https://silamoney.com/ and a blog on Medium at https://medium.com/sila-money . The company is also active on social media platforms such as Twitter, Facebook, LinkedIn, and YouTube .