Funding round
Stash Series H+
Reported as "Series H"
Stash, which works in personalized investment portfolio management in New York, raised $146M in a Series H+ round announced on 12 May 2025, led by Goodwater Capital. 6 firms took part, 5 of them already investors. It is Stash's ninth venture round on record; the one before was a Series G in Feb 2021.
$146M
Amount raised
Not disclosed
Post-money valuation
6
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 $1.40B at the Series G (Feb 2021). It came 51 months after Stash's Series G. It is 26% of the $563M Stash has raised in the venture rounds on record. No later venture round is on record for Stash.
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 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+ this round 12 May 2025, led by Goodwater Capital $146M
Investors
Who put money in
Goodwater Capital led the round with 5 other firms. Goodwater Capital, Union Square Ventures, StepStone Group and Serengeti Capital and 1 more had backed Stash before.
Lead investor
- Goodwater Capital backs 162 venture-backed companies existing investor
Also in the round
- Union Square Ventures backs 171 venture-backed companies existing investor
- StepStone Group existing investor
- existing investor
- University of Illinois Foundation existing investor
- T. Rowe Price Investment Management, Inc. new 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: Series H+ rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Software Development Services | 8 Apr 2025 | $13M | not disclosed | not named |
| Tech Companies | 12 Jun 2025 | $6.6M | not disclosed | Auxier Asset Management |
| Tech Companies | 3 Feb 2025 | $4.0M | not disclosed | not named |
| Databricks Tech Companies | 8 Sep 2025 | $1.00B | $100.00B | Andreessen Horowitz and Insight Partners |
| Tech Companies | 27 Jan 2025 | $5.0M | not disclosed | 10x Founders Fund |
| Databricks Tech Companies | 17 Dec 2024 | $10.00B | $62.00B | not named |
| Cohesity Tech Companies | 10 Dec 2024 | $2.00B | not disclosed | not named |
| Monzo Banks & ATMs | 31 Dec 2024 | $534M | not disclosed | CapitalG and GV |
Sources
Where this comes from
Reported by 6 sources.
Questions
Frequently asked
How much did Stash raise in its Series H+ round?
Stash raised $146M in its Series H+ round, announced in May 2025.
Who led Stash's Series H+ round?
Goodwater Capital led it, with Union Square Ventures, StepStone Group, Serengeti Capital, University of Illinois Foundation and T. Rowe Price Investment Management, Inc..
What was Stash's valuation at the Series H+ round?
It was not disclosed; its last disclosed one was $1.40B at the Series G (Feb 2021).