Funding round
Stripe Series G
Stripe, which works in financial infrastructure solutions in Paris, raised $250M in a Series G round announced on 19 Sep 2019, led by General Catalyst and Andreessen Horowitz, at a $35.25B post-money valuation. 4 firms took part. It is Stripe's sixth venture round on record; the one before was a Growth in Sep 2018.
$250M
Amount raised
$35.25B
Post-money valuation
$35.00B pre-money
4
Investors
2 leads
1.8x
Step-up from the Growth
$20.00B in Sep 2018
under 1%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Stripe at $35.25B after the new money, 1.8 times the $20.00B of its Growth (Sep 2018). The $250M bought investors about under 1% of the company. It came 12 months after Stripe's Growth. It is under 1% of the $166.87B Stripe has raised in the venture rounds on record. Stripe raised again 18 months later: a Series H+ round of $600M in Mar 2021, at $95.00B 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 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 this round 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
General Catalyst and Andreessen Horowitz led the round with 2 other firms.
Lead investors
- General Catalyst backs 574 venture-backed companies new investor
- Andreessen Horowitz backs 722 venture-backed companies new investor
Also in the round
- Sequoia Capital backs 589 venture-backed companies new investor
- CapitalG backs 70 venture-backed companies new 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: Series G rounds in any sector within 6 months:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Tech Companies | 2 Oct 2019 | $72M | $332M | Arrowroot Capital |
| Yuanfudao Learning, Tutoring & Courses | 31 Mar 2020 | $1.00B | $7.80B | Hillhouse and Tencent |
Sources
Where this comes from
Reported by 7 sources.
Questions
Frequently asked
How much did Stripe raise in its Series G round?
Stripe raised $250M in its Series G round, announced in Sep 2019.
Who led Stripe's Series G round?
General Catalyst and Andreessen Horowitz led it, with Sequoia Capital and CapitalG.
What was Stripe's valuation at the Series G round?
$35.25B post-money ($35.00B pre-money).
Did Stripe raise again after this round?
Yes: a Series H+ round in Mar 2021 of $600M at $95.00B post-money.