Funding round
Stash Series C
Stash, which works in personalized investment portfolio management in New York, raised $40M in a Series C round announced on 13 Jul 2017, led by Coatue, at a $240M post-money valuation. 4 firms took part. It is Stash's fourth venture round on record; the one before was a Series B in Dec 2016.
$40M
Amount raised
$240M
Post-money valuation
4
Investors
1 lead
17%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Stash at $240M after the new money. The $40M bought investors about 17% of the company. It came 7 months after Stash's Series B. It is 7.1% of the $563M Stash has raised in the venture rounds on record. Stash raised again 7 months later: a Series D round of $38M in Feb 2018. Its next priced round, a Series F in Apr 2020, valued it at $800M.
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 14 Dec 2016, led by Valar Ventures $25M
- Series C this round 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
Coatue led the round with 3 other firms.
Lead investor
- Coatue backs 229 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
- Valar Ventures backs 56 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: 2 in Investment Consultants & Financial Advisors, then Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Investment Consultants & Financial Advisors | 26 Jan 2017 | $32M | not disclosed | Thrive Capital |
| Investment Consultants & Financial Advisors | 20 Jun 2018 | $28M | not disclosed | not named |
| Tech Companies | 19 Jul 2017 | $114M | not disclosed | SoftBank Vision Fund |
| Language & Speaking Schools | 26 Jul 2017 | $100M | not disclosed | CMC Capital and Wu Capital |
| Tech Companies | 13 Jul 2017 | $64M | not disclosed | Y Combinator and GV |
| Tech Companies | 25 Jul 2017 | $50M | not disclosed | Khosla Ventures |
| Tech Companies | 11 Jul 2017 | $42M | not disclosed | New Enterprise Associates |
| Automobile Dealers & Manufacturers | 30 Jul 2017 | $39M | not disclosed | Vitruvian Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Stash raise in its Series C round?
Stash raised $40M in its Series C round, announced in Jul 2017.
Who led Stash's Series C round?
Coatue led it, with Breyer Capital, Goodwater Capital and Valar Ventures.
What was Stash's valuation at the Series C round?
$240M post-money.
Did Stash raise again after this round?
Yes: a Series D round in Feb 2018 of $38M.