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Funding round

Stream Series D

Stream, which works in financial wellbeing solutions in London, raised $90M in a Series D round announced on 20 Jan 2026, led by Sofina. 9 firms took part, 9 of them already investors. It is Stream's third venture round on record; the one before was a Series C in Apr 2022.

$90M

Amount raised

Not disclosed

Post-money valuation

9

Investors

1 lead

Valuation

What this round says about the price

Stream did not disclose a valuation in this round. It came 45 months after Stream's Series C. It is 31% of the $290M Stream has raised in the venture rounds on record. No later venture round is on record for Stream.

Stream's funding rounds

Stream has 3 venture rounds on record and 1 other deal. This one is highlighted.

  1. Series B 7 Jul 2020, led by Northzone $25M
  2. Series C 13 Apr 2022, led by Smash Capital and BlackRock $175M
  3. Debt not a venture round 7 May 2025, led by Citi $401M
  4. Series D this round 20 Jan 2026, led by Sofina $90M

Investors

Who put money in

Sofina led the round with 8 other firms. Sofina, Better Society Capital, Ascension and Balderton Capital and 5 more had backed Stream before.

Lead investor

  • Sofina backs 45 venture-backed companies existing investor

Also in the round

  • backs 2 venture-backed companies existing investor
  • backs 83 venture-backed companies existing investor
  • Balderton Capital backs 140 venture-backed companies existing investor
  • backs 104 venture-backed companies existing investor
  • Smash Capital existing investor
  • Local Globe existing investor
  • Phoenix Court backs 45 venture-backed companies existing investor
  • British Business Bank existing investor

Use of proceeds

What the money is for

According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.

  • Product development
  • Geographic expansion
  • Sales and marketing
  • Scaling operations
  • Working capital

Comparable rounds

How it compares

The closest in time, other companies' Series D rounds in Financial Services:

Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Alpaca Financial Services14 Jan 2026$150M$1.15BDrive Capital
Imprint Financial Services18 Dec 2025$150M$1.20BKhosla Ventures
Kalshi Financial Services10 Oct 2025$300M$5.00BAndreessen Horowitz and Sequoia Capital

Sources

Where this comes from

Reported by 4 sources.

Questions

Frequently asked

How much did Stream raise in its Series D round?

Stream raised $90M in its Series D round, announced in Jan 2026.

Who led Stream's Series D round?

Sofina led it, with Better Society Capital, Ascension, Balderton Capital, Northzone and Smash Capital and 3 more.

What was Stream's valuation at the Series D round?

It was not disclosed.