Sila: Funding, Investors & Team (Oct 2026)
Sila is the platform that powers modern financial apps. Sila gives you unparalleled ability to design a product where money movement can be tied to events within your platform, with just a few lines of code. It’s also an out-of-the-box digital wallet for your customers that’s easy to set up. And there’s the normal money stuff too: Sila can make and receive ACH transfers, link bank accounts, and verify customer identity—all at a fraction of the cost of traditional bank partnerships.
Sila has raised $13.0M across 1 funding round on record, the most recent a Series A of $13.0M announced in Jul 2021.
That round is below the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
Sila Company Profile and Key Stats
Latest funding round on record: Jul 2021.
Sila Funding Rounds
Sila Founders and Leadership Team
Contact details for the Sila team: 1 of 1 has an email address on file.
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Sila's latest round of $13.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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Sila Funding FAQs
What does Sila do?
Sila is the platform that powers modern financial apps. Sila gives you unparalleled ability to design a product where money movement can be tied to events within your platform, with just a few lines of code. It’s also an out-of-the-box digital wallet for your customers that’s easy to set up. And there’s the normal money stuff too: Sila can make and receive ACH transfers, link bank accounts, and verify customer identity—all at a fraction of the cost of traditional bank partnerships.
How much funding has Sila raised?
Sila has raised $13.0M across 1 round on record. The most recent is a Series A of $13.0M announced in Jul 2021.
When did Sila last raise funding?
Sila's most recent funding round on record is a Series A of $13.0M, announced in Jul 2021.
Who is the CEO of Sila?
Shamir Karkal is listed as CEO at Sila.
Where is Sila headquartered?
Sila is based in Portland, Oregon, United States.
How many employees does Sila have?
Sila is in the 11-50 employee band.
How does Sila's funding compare to other Financial Services startups?
Sila's latest round of $13.0M is below the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's Sila Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Sila is left off this page rather than filled in.
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