Company name: Solvent
Description: Developer of machine learning technology offered to empower banks to confidently ensure all payments in cannabis department. The company brings together real-time data analysis technology to know all parties involved in a transaction which alleviates risk, allowing financial institutions to offer services such as wire/ACH, credit/debit cards, and loans without fear of criminal intent.
Industry: Financial Services | Group: | Code:
Country: United States
Start up capital raised (USD Million):
Business status: Startup
Ownership: Privately Held (backing)
Revenue (USD Million):
Gross profit (USD Million):
Net income (USD Million)
Earnings before interest, tax, depreciation and amortization (EBITDA):
Financing Status: The company raised $850,000 of seed funding in a deal led by B&B Partners on July 16, 2019. Edge Ventures and Marigold Capital also participated in the round.
Number of active investors:
Profile last updated:
Last known valuation:
Last known valuation date: