Funding round
Stash Series G
Stash, which works in personalized investment portfolio management in New York, raised $125M in a Series G round announced on 3 Feb 2021, led by Eldridge, at a $1.40B post-money valuation. 5 firms took part, 1 of them already investors. It is Stash's eighth venture round on record; the one before was a Series F in Apr 2020.
$125M
Amount raised
$1.40B
Post-money valuation
5
Investors
1 lead
1.8x
Step-up from the Series F
$800M in Apr 2020
8.9%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Stash at $1.40B after the new money, 1.8 times the $800M of its Series F (Apr 2020). The $125M bought investors about 8.9% of the company. It came 10 months after Stash's Series F. It is 22% of the $563M Stash has raised in the venture rounds on record. Stash raised again 51 months later: a Series H+ round of $146M in May 2025.
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 14 Mar 2019, led by Unnamed Private Institutional Investor $65M
- Series F 29 Apr 2020, led by LendingTree $112M$800M post-money
- Series G this round 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
Eldridge led the round with 4 other firms. Eldridge had backed Stash before.
Lead investor
- Eldridge existing investor
Also in the round
- backs 71 venture-backed companies new investor
- T. Rowe Price Associates 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 hiring, product development, sales and marketing, scaling operations and working capital.
- Hiring
- Product development
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: Series G rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Databricks Tech Companies | 1 Feb 2021 | $1.00B | $28.00B | Franklin Templeton |
| Tech Companies | 3 Feb 2021 | $96M | $1.20B | Georgian and Silver Lake Waterman |
| Medical Supply Manufacturers | 1 Dec 2020 | $226M | $1.50B | not named |
| Tech Companies | 7 Apr 2021 | $110M | $2.00B | Tiger Global |
| Moda Operandi Clothing Stores | 4 May 2021 | $100M | $699M | Apax Partners and New Enterprise Associates |
| FlixBus Buses, Shuttles & Local Transit | 2 Jun 2021 | $650M | $3.00B | Canyon Partners |
| Tech Companies | 2 Jun 2021 | $200M | $4.40B | Premji Invest and STEADFAST Capital Ventures |
| DataRobot Tech Companies | 27 Jul 2021 | $300M | $6.30B | Altimeter and Tiger Global |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Stash raise in its Series G round?
Stash raised $125M in its Series G round, announced in Feb 2021.
Who led Stash's Series G round?
Eldridge led it, with Owl Ventures, T. Rowe Price Associates, Goodwater Capital and Entrée Capital.
What was Stash's valuation at the Series G round?
$1.40B post-money.
Did Stash raise again after this round?
Yes: a Series H+ round in May 2025 of $146M.