Funding round
Stash Seed
Stash, which works in personalized investment portfolio management in New York, raised $3.0M in a Seed round announced on 11 Feb 2016, led by Goodwater Capital. 3 firms took part. It is Stash's first venture round on record.
$3.0M
Amount raised
Not disclosed
Post-money valuation
3
Investors
1 lead
Valuation
What this round says about the price
Stash did not disclose a valuation in this round. It is Stash's first venture round on record, 1 year after it was founded in 2015. It is under 1% of the $563M Stash has raised in the venture rounds on record. Stash raised again 6 months later: a Series A round of $9.3M in Aug 2016. Its next priced round, a Series C in Jul 2017, valued it at $240M.
Stash's funding rounds
Stash has 9 venture rounds on record and 1 other deal. This one is highlighted.
- Seed this round 11 Feb 2016, led by Goodwater Capital $3.0M
- Series A 17 Aug 2016, led by Goodwater Capital and Valar Ventures $9.3M
- Series B 14 Dec 2016, led by Valar Ventures $25M
- Series C 13 Jul 2017, led by Coatue $40M$240M post-money
- Series D 12 Feb 2018, led by Union Square Ventures $38M
- Series E 14 Mar 2019, led by Unnamed Private Institutional Investor $65M
- Series F 29 Apr 2020, led by LendingTree $112M$800M post-money
- Series G 3 Feb 2021, led by Eldridge $125M$1.40B post-money
- Debt not a venture round 16 Oct 2023, led by T. Rowe Price $40M
- Series H+ 12 May 2025, led by Goodwater Capital $146M
Investors
Who put money in
Goodwater Capital led the round with 2 other firms.
Lead investor
- Goodwater Capital backs 162 venture-backed companies new investor
Also in the round
- Valar Ventures backs 56 venture-backed companies new investor
- backs 80 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
6 Seed rounds in Investment Consultants & Financial Advisors within a year either side disclosed an amount; the median was $2.8M, and this round was close to the median. The closest in time, other companies' Seed rounds in Investment Consultants & Financial Advisors:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Investment Consultants & Financial Advisors | 13 Jan 2016 | $3.0M | not disclosed | Samos Investments |
| Investment Consultants & Financial Advisors | 4 Dec 2015 | $2.0M | not disclosed | not named |
| Investment Consultants & Financial Advisors | 4 May 2016 | $3.7M | not disclosed | Expansion Venture Capital and Saturn Partners |
| Investment Consultants & Financial Advisors | 23 Sep 2015 | undisclosed | not disclosed | not named |
| Vestwell Investment Consultants & Financial Advisors | 1 Sep 2016 | $4.5M | not disclosed | FinTech Collective |
| Investment Consultants & Financial Advisors | 25 Nov 2016 | $2.5M | not disclosed | Bessemer Venture Partners |
| Investment Consultants & Financial Advisors | 1 Jan 2017 | $657K | not disclosed | K Fund and Encomenda |
Questions
Frequently asked
How much did Stash raise in its Seed round?
Stash raised $3.0M in its Seed round, announced in Feb 2016.
Who led Stash's Seed round?
Goodwater Capital led it, with Valar Ventures and Entrée Capital.
What was Stash's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Investment Consultants & Financial Advisors?
6 Seed rounds in Investment Consultants & Financial Advisors within a year either side disclosed an amount; the median was $2.8M, and this round was close to the median.
Did Stash raise again after this round?
Yes: a Series A round in Aug 2016 of $9.3M.