Funding round
Stash Series A
Stash, which works in personalized investment portfolio management in New York, raised $9.3M in a Series A round announced on 17 Aug 2016, led by Goodwater Capital and Valar Ventures. 3 firms took part. It is Stash's second venture round on record; the one before was a Seed in Feb 2016.
$9.3M
Amount raised
Not disclosed
Post-money valuation
3
Investors
2 leads
Valuation
What this round says about the price
Stash did not disclose a valuation in this round. It came 6 months after Stash's Seed. It is 1.6% of the $563M Stash has raised in the venture rounds on record. Stash raised again 4 months later: a Series B round of $25M in Dec 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 11 Feb 2016, led by Goodwater Capital $3.0M
- Series A this round 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 and Valar Ventures led the round with 1 other firm.
Lead investors
- Goodwater Capital backs 162 venture-backed companies new investor
- Valar Ventures backs 56 venture-backed companies new investor
Also in the round
- 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, sales and marketing and scaling operations.
- Product development
- Sales and marketing
- Scaling operations
Comparable rounds
How it compares
6 Series A rounds in Investment Consultants & Financial Advisors within a year either side disclosed an amount; the median was $10M, and this round was close to the median. The closest in time, other companies' Series A rounds in Investment Consultants & Financial Advisors:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Investment Consultants & Financial Advisors | 21 Jul 2016 | $4.5M | not disclosed | PGA Venture Partners |
| Investment Consultants & Financial Advisors | 17 Jan 2017 | undisclosed | not disclosed | Mundi Ventures |
| Investment Consultants & Financial Advisors | 7 Mar 2017 | $12M | not disclosed | not named |
| Investment Consultants & Financial Advisors | 8 Jan 2016 | $7.0M | $126M | not named |
| Investment Consultants & Financial Advisors | 9 May 2017 | $8.0M | not disclosed | Edison Partners |
| Investment Consultants & Financial Advisors | 1 Oct 2015 | $15M | not disclosed | Mayfield and Sequoia Capital |
| Investment Consultants & Financial Advisors | 10 Sep 2015 | $12M | not disclosed | Arbor Ventures |
Sources
Where this comes from
Reported by 2 sources.
Questions
Frequently asked
How much did Stash raise in its Series A round?
Stash raised $9.3M in its Series A round, announced in Aug 2016.
Who led Stash's Series A round?
Goodwater Capital and Valar Ventures led it, with Entrée Capital.
What was Stash's valuation at the Series A round?
It was not disclosed.
How does it compare with other Series A rounds in Investment Consultants & Financial Advisors?
6 Series A rounds in Investment Consultants & Financial Advisors within a year either side disclosed an amount; the median was $10M, and this round was close to the median.
Did Stash raise again after this round?
Yes: a Series B round in Dec 2016 of $25M.