Funding round
Stripe Series C
Stripe, which works in financial infrastructure solutions in Paris, raised $80M in a Series C round announced on 23 Jan 2014, led by Founders Fund, at a $1.75B post-money valuation. 4 firms took part, 2 of them already investors. It is Stripe's third venture round on record; the one before was a Series B in Jul 2012.
$80M
Amount raised
$1.75B
Post-money valuation
4
Investors
1 lead
4.6%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Stripe at $1.75B after the new money. The $80M bought investors about 4.6% of the company. It came 18 months after Stripe's Series B. It is under 1% of the $166.87B Stripe has raised in the venture rounds on record. Stripe raised again 34 months later: a Series D round of $150M in Nov 2016, at $9.20B post-money.
Stripe's funding rounds
Stripe has 9 venture rounds on record. This one is highlighted.
- Series A 9 Jul 2011 $20M
- Series B 10 Jul 2012, led by General Catalyst $20M
- Series C this round 23 Jan 2014, led by Founders Fund $80M$1.75B post-money
- Series D 25 Nov 2016, led by CapitalG and General Catalyst $150M$9.20B post-money
- Growth 26 Sep 2018, led by Tiger Global, Sequoia Capital and DST Global $245M$20.00B post-money
- Series G 19 Sep 2019, led by General Catalyst and Andreessen Horowitz $250M$35.25B post-money
- Series H+ 14 Mar 2021, led by Baillie Gifford $600M$95.00B post-money
- Series H+ 15 Mar 2023 $6.50B$50.00B post-money
- Growth 25 Feb 2026 $159.00B
Investors
Who put money in
Founders Fund led the round with 3 other firms. Sequoia Capital and Founders Fund had backed Stripe before.
Lead investor
- Founders Fund backs 368 venture-backed companies existing investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies existing investor
- Khosla Ventures backs 396 venture-backed companies new investor
- Allen & Co new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to hiring, geographic expansion, scaling operations and working capital.
- Hiring
- Geographic expansion
- Scaling operations
- Working capital
Comparable rounds
How it compares
The closest in time: 2 in Payment Processing & Point of Sale, then Series C rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Payment Processing & Point of Sale | 14 Jul 2014 | $6.8M | not disclosed | not named |
| Payment Processing & Point of Sale | 30 Apr 2013 | $17M | not disclosed | Andreessen Horowitz |
| Tech Companies | 14 Jan 2014 | $20M | not disclosed | Accel |
| Digital & Marketing Agencies | 15 Jan 2014 | $20M | not disclosed | Bullpen Capital |
| Tech Companies | 14 Jan 2014 | $17M | not disclosed | Bain Capital Ventures |
| Tech Companies | 3 Jan 2014 | $15M | not disclosed | Claremont Creek Ventures and GV |
| Tech Companies | 1 Jan 2014 | $15M | not disclosed | Volition Capital |
| Video and Audio Production | 1 Jan 2014 | $12M | not disclosed | Chorus Capital |
Sources
Where this comes from
Reported by 5 sources.
Questions
Frequently asked
How much did Stripe raise in its Series C round?
Stripe raised $80M in its Series C round, announced in Jan 2014.
Who led Stripe's Series C round?
Founders Fund led it, with Sequoia Capital, Khosla Ventures and Allen & Co.
What was Stripe's valuation at the Series C round?
$1.75B post-money.
Did Stripe raise again after this round?
Yes: a Series D round in Nov 2016 of $150M at $9.20B post-money.