How Much Did Sentz Raise? Headquarters, Funding & Key Investors

With a team of 62 employees, Sentz has raised $183.7M across multiple funding rounds: Series A - $11.3M (Feb 11, 2021), Series B - $75M (May 06, 2021), Series B - $66.4M (Aug 18, 2021). The funding has come from prominent investors including General Catalyst, Human Capital Development, and Vy Capital, enabling Sentz to expand its cross-border remittance solutions, scale operations, and enhance blockchain-enabled global payment features. The company’s valuation reached $1B as of Jul 2021, marking a rapid rise in the fintech and digital remittance space.

How Much Did Sentz Raise? Funding & Key Investors

Sentz is a Sacramento-based (United States) cross-border remittance company founded in 2017 by Alex Graveley, Joshua Goldbard, and Shane Glynn. The platform enables users and businesses to send and receive payments globally, make bulk payouts, get paid via phone number, and utilize blockchain-enabled payment solutions. Available on iOS and Android, Sentz simplifies international transactions, offering speed, security, and accessibility for both individuals and enterprises.

What Is Sentz and What Does It Do?

Sentz, founded in 2017 by Alex Graveley, Joshua Goldbard, and Shane Glynn, is a Sacramento-based company headquartered in Sacramento, United States. The company provides a cross-border remittance solution for individuals and businesses.

Sentz enables users to send and receive payments globally, get paid with a phone number, make payouts, mass payments, and leverage blockchain-enabled solutions. The platform is available on Android and iOS, facilitating seamless international money transfers for both individuals and enterprises.

With a workforce of 62 employees, Sentz combines digital payment infrastructure with mobile-first technology to deliver fast, secure, and cost-efficient remittance services. Its focus on user convenience, compliance, and blockchain innovation positions it as a leading player in the digital remittance space.

How Much Funding Has Sentz Raised?

1. Series A

Amount Raised: $11.3M
Date: February 2021
Lead Investors: General Catalyst
Motivation: To expand platform development and scale operations.

2. Series B

Amount Raised: $75M
Date: May 2021
Lead Investors: General Catalyst
Motivation: To enhance product offerings and support global expansion.

3. Series B

Amount Raised: $66.4M
Date: August 2021
Motivation: To strengthen platform infrastructure and accelerate growth.

Total Funding Raised: $183 Million

Current Valuation: $1 Billion (as of July 2021)

Latest Funding Date: August 2021

Key Investors

1. Human Capital Development

Details: Human Capital Development is an investment firm focused on supporting high-growth companies in the technology and financial services sectors.
Investment Focus Areas: Fintech, digital payments, blockchain.

2. Vy Capital

Details: Vy Capital invests in innovative technology startups, providing strategic and financial support to scale operations globally.
Investment Focus Areas: Fintech, payment platforms, enterprise software.
Notable Investments: The Boring Company, Upgrade, Zomato, MobileCoin..

Where Is Sentz’s Headquarters?

Sentz is headquartered in Sacramento, United States, providing access to a growing tech ecosystem, fintech talent, and regulatory support for cross-border payment services.

What’s Next for Sentz?

Sentz plans to expand its cross-border payment services globally, focusing on blockchain-enabled solutions and mass payment features. With a $1B valuation and growing digital remittance market, the company aims to increase adoption, enhance platform security, and optimize mobile-first user experiences for international transfers.

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