Wellfield Technologies, Inc.
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Wellfield Technologies, Inc. - overview
Established
2021
Location
Vancouver, BC, Canada
Primary Industry
Financial Services
About
Based in British Columbia, Canada, and founded in 2021, Wellfield Technologies, Inc. , a. k. a.
Wellfield operates as a fintech company that focuses on developing blockchain enablers and corresponding decentralized financial products and services. As of March 2024, the company is publicly listed on the TSX Venture Exchange (TSXV) under the ticker symbol WFLD. In March 2024, Alumina Partners agreed to provide up to CAD 5 million to Wellfield Technologies, Inc. As of March 2024, Levy Cohen is the CEO of the company.
The company provides blockchain-enabled financial solutions through its brands, Coinmama, Tradewind Markets, and Brane Trust. Wellfield’s Coinmama, a web and mobile app platform, offers access to the cryptocurrency market for registered users across 180 countries. The firm’s Tradewind Markets platform digitizes and trades real-world assets, including its flagship VaultChain™ Gold and VaultChain™ Silver products. The company plans to use its proceeds from March 2024 funding to support the launch of its tokenized gold ecosystem, and commercialize Brane Trust Company Ltd.
, its recently acquired digital asset custodian.
Current Investors
Alumina Partners
Primary Industry
Financial Services
Sub Industries
e-Financial, Web Applications, Accounting/Finance Software
Website
www.wellfield.io
Verticals
Blockchain, FinTech, Mobile Apps
Total Amount Raised
Subscriber access only
Wellfield Technologies, Inc. - timeline of key events
Wellfield Technologies, Inc. - financials
| Fiscal Year Ended | Dec 31, 2021 | Dec 31, 2022 | Mar 31, 2023 |
|---|---|---|---|
| Revenue (USD) | - | - | - |
| % Revenue Growth (YoY) | - | - | - |
| EBITDA (USD) | - | - | - |
| Operating Income (USD) | - | - | - |
| Operating Margin | - | - | - |
| % EBITDA Margin | - | - | - |
| NET Income (USD) | - | - | - |
| % Net Margin | - | - | - |
Wellfield Technologies, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Wellfield Technologies, Inc. | - |
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Wellfield Technologies, Inc. - employee data
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