Funding round
Stash Series B
Stash, which works in personalized investment portfolio management in New York, raised $25M in a Series B round announced on 14 Dec 2016, led by Valar Ventures. 4 firms took part. It is Stash's third venture round on record; the one before was a Series A in Aug 2016.
$25M
Amount raised
Not disclosed
Post-money valuation
4
Investors
1 lead
Valuation
What this round says about the price
Stash did not disclose a valuation in this round. It came 4 months after Stash's Series A. It is 4.4% of the $563M Stash has raised in the venture rounds on record. Stash raised again 7 months later: a Series C round of $40M in Jul 2017, at $240M post-money.
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 17 Aug 2016, led by Goodwater Capital and Valar Ventures $9.3M
- Series B this round 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
Valar Ventures led the round with 3 other firms.
Lead investor
- Valar Ventures backs 56 venture-backed companies new investor
Also in the round
- Breyer Capital backs 85 venture-backed companies new investor
- Goodwater Capital backs 162 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 and scaling operations.
- Product development
- Scaling operations
Comparable rounds
How it compares
The closest in time, other companies' Series B rounds in Investment Consultants & Financial Advisors:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Wealthsimple Investment Consultants & Financial Advisors | 11 May 2017 | $37M | not disclosed | not named |
| Investment Consultants & Financial Advisors | 4 May 2017 | $3.0M | not disclosed | ETF Securities and Alium Capital Management |
| Investment Consultants & Financial Advisors | 28 Sep 2017 | $30M | not disclosed | Eight Roads |
| Investment Consultants & Financial Advisors | 23 Oct 2017 | $16M | not disclosed | not named |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Stash raise in its Series B round?
Stash raised $25M in its Series B round, announced in Dec 2016.
Who led Stash's Series B round?
Valar Ventures led it, with Breyer Capital, Goodwater Capital and Entrée Capital.
What was Stash's valuation at the Series B round?
It was not disclosed.
Did Stash raise again after this round?
Yes: a Series C round in Jul 2017 of $40M at $240M post-money.