Stash was founded in 2015 by David Ronick, Brandon Krieg, and Edward Robinson. Stash announced its IPO in October 2023.
Stash is a subscription-based personal finance app. The company has partnerships with Mastercard, Stride Bank, Marqeta, Mambu, and Alloy. As of February 2023, Stash has more than 2 billion subscribers and $3 billion in assets under management. The company has raised more than $450 million in venture capital funding from investors including Eldridge, NEA, Owl Ventures, Goodwater Capital, and Entree Capital. The company was valued at $1.4 billion in 2021.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
10/13/2023 | Series G-1 | $6.74MM | $xx.xx | $505.78MM | T. Rowe Price, Goodwater Capital, Union Square Ventures | |
Price per Share
$xx.xx
Shares Outstanding
612,574
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
T. Rowe Price, Goodwater Capital, Union Square Ventures
|
||||||
02/03/2021 | Series G | $130MM | $xx.xx | $1.39B | Eldridge, Owl Ventures, T. Rowe Price, Goodwater Capital, Entr�e Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,468,723
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Eldridge, Owl Ventures, T. Rowe Price, Goodwater Capital, Entr�e Capital
|
||||||
04/29/2020 | Series F | $139.94MM | $xx.xx | $839.74MM | LendingTree, T. Rowe Price, Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,584,179
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
LendingTree, T. Rowe Price, Breyer Capital, Goodwater Capital, Greenspring Associates, Union Square Ventures
|
||||||
03/12/2019 | Series E | $73.36MM | $xx.xx | $534.23MM | Breyer Capital, Goodwater Capital, Coatue Management, Valar Ventures, Entr�e Capital, Union Square Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,578,882
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Breyer Capital, Goodwater Capital, Coatue Management, Valar Ventures, Entr�e Capital, Union Square Ventures
|
||||||
02/12/2018 | Series D | $37.5MM | $xx.xx | $336.48MM | Goodwater Capital, Coatue Management, Valar Ventures, Breyer Capital, Entr�e Capital, Union Square Ventures, Greenspring Associates | |
Price per Share
$xx.xx
Shares Outstanding
2,542,475
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Goodwater Capital, Coatue Management, Valar Ventures, Breyer Capital, Entr�e Capital, Union Square Ventures, Greenspring Associates
|
||||||
07/13/2017 | Series C | $42MM | $xx.xx | $255.73MM | Goodwater Capital, Coatue Management, Valar Ventures, Breyer Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,392,568
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Goodwater Capital, Coatue Management, Valar Ventures, Breyer Capital
|
||||||
12/14/2016 | Series B | $24.85MM | $xx.xx | $103.52MM | Goodwater Capital, Entr�e Capital, Valar Ventures, Breyer Capital | |
Price per Share
$xx.xx
Shares Outstanding
4,014,536
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Goodwater Capital, Entr�e Capital, Valar Ventures, Breyer Capital
|
||||||
08/17/2016 | Series A | $9.25MM | $xx.xx | $30.58MM | Goodwater Capital, Entr�e Capital, Valar Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,310,188
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Goodwater Capital, Entr�e Capital, Valar Ventures
|
||||||
02/09/2016 | Series Seed-2 | $3MM | $xx.xx | $14.26MM | Goodwater Capital, Entr�e Capital, Valar Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,628,291
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Goodwater Capital, Entr�e Capital, Valar Ventures
|
||||||
02/09/2016 | Series Seed-1 | $1.25MM | $xx.xx | $14.26MM | Goodwater Capital, Entr�e Capital, Valar Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,081,310
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
6.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Goodwater Capital, Entr�e Capital, Valar Ventures
|