Funding round
Stash Series E
Stash, which works in personalized investment portfolio management in New York, raised $65M in a Series E round announced on 14 Mar 2019, led by Unnamed Private Institutional Investor. 3 firms took part, 2 of them already investors. It is Stash's sixth venture round on record; the one before was a Series D in Feb 2018.
$65M
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; its last disclosed one was $240M at the Series C (Jul 2017). It came 13 months after Stash's Series D. It is 12% of the $563M Stash has raised in the venture rounds on record. Stash raised again 13 months later: a Series F round of $112M in Apr 2020, at $800M 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 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 this round 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
Unnamed Private Institutional Investor led the round with 2 other firms. Union Square Ventures and Breyer Capital had backed Stash before.
Lead investor
- Unnamed Private Institutional Investor new investor
Also in the round
- Union Square Ventures backs 171 venture-backed companies existing investor
- Breyer Capital backs 85 venture-backed companies existing investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, sales and marketing, scaling operations and working capital.
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Investment Consultants & Financial Advisors, then Series E rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Acorns Investment Consultants & Financial Advisors | 28 Jan 2019 | $105M | $860M | Comcast Ventures and NBCUniversal |
| Investment Consultants & Financial Advisors | 19 Jun 2018 | $50M | not disclosed | General Atlantic |
| Payment Processing & Point of Sale | 14 Mar 2019 | $32M | not disclosed | B Capital |
| Databricks Tech Companies | 5 Feb 2019 | $250M | $2.75B | Andreessen Horowitz |
| Sila Nanotechnologies Batteries | 17 Apr 2019 | $170M | $1.00B | Daimler AG |
| Illumio Tech Companies | 7 Feb 2019 | $65M | $1.72B | J.P. Morgan Asset Management |
| Tech Companies | 19 Feb 2019 | $60M | not disclosed | Francisco Partners |
| GetYourGuide Travel Agencies | 16 May 2019 | $484M | not disclosed | SoftBank Vision Fund |
Sources
Where this comes from
Reported by 3 sources.
Questions
Frequently asked
How much did Stash raise in its Series E round?
Stash raised $65M in its Series E round, announced in Mar 2019.
Who led Stash's Series E round?
Unnamed Private Institutional Investor led it, with Union Square Ventures and Breyer Capital.
What was Stash's valuation at the Series E round?
It was not disclosed; its last disclosed one was $240M at the Series C (Jul 2017).
Did Stash raise again after this round?
Yes: a Series F round in Apr 2020 of $112M at $800M post-money.