• FOUNDING YEAR: 2015
    LOCATION:
    United States
    REGION:
    New York
    Last Update:
    18 Oct, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Investments app & stock advisory services for retail investors. Stash helps investors to think about their views, share ideas with friends, and build their own portfolios. In November 2017, Stash launched a new product called 'Smart-Save,' a mobile app that helps users save their spare cash automatically.
REVENUE MODEL:
Viewable by subscribers only
MAIN CLIENTS:
Retail investors
COMMENT
Stash's virtual advisor helps guide investors throughout the process with advice and support.

PEOPLE

FOUNDERS:
David Ronick, Ed Robison, Brandon Krieg
Board Members and Advisors:
David Ronick, James Fitzgerald, , Andrew McCormack
NUMBER OF EMPLOYEES:
51-200
INVESTORS:
Entree Capital, Goodwater Capital, Valar Ventures, Andrew McCormack, James Fitzgerald, Edward Suh, Breyer Capital, Union Square Ventures, and Coatue Management.
KEY EMPLOYEES:
Brandon Krieg (CEO); Peter Kalmakis (CTO); Giff Carter (CRO)
COMMENT:
1. Ed Robinson is the President & Co-Founder at StashInvest. He has previously worked on Wall Street as a banker and is skilled in equity research, asset management, equity trading, equities, and capital markets. 2. Brandon Kreig is the CEO and Co-Founder at StashInvest. He has held leadership positions at various firms like Macquarie Securities Group and Knight Capital Group. Before that, he was a Partner at EdgeTrade for about 10 years.

TRACTION

VALUATION / MARKET CAP:
$350 MM in 2018
VALUATION COMMENT
According to third-party data sources, the company's valuation is at $350 million. (Feb. 2018)
ACTIVE USERS:
3 Million in 2019
ACTIVE USERS COMMENT:
Till date, the company has 3 million customers.

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$181.25 Millions
DATE OF LAST FUNDING:
Mar 2019
TOTAL FUNDING COMMENT:
The company will use its funds for product development. (Mar. 2019)
SEED & PRIOR FUNDING:
$4.5 Millions
SEED CLOSED ON:
Feb 2016
FUNDING SERIES:
SERIES A
$9.25 Millions Closed: Aug 2016
SERIES B
$25 Millions Closed: Dec 2016
SERIES C
$40 Millions Closed: Jul 2017
SERIES D
$37.5 Millions Closed: Feb 2018
SERIES E
$65 Millions Closed: Mar 2019
LISTED:
NO

LATEST RESEARCH