• FOUNDING YEAR: 2014
    LOCATION:
    United States
    REGION:
    California
    Last Update:
    9 Sep, 2019

Description

FOCUS

PRODUCTS & SERVICES:
Payment protocol for Cryptocurrencies
REVENUE MODEL:
Viewable by subscribers only
EXISTING PARTNERSHIPS:
CIE Fund
PRIMARY PROBLEM SOLVED:
The company decreases the cost of smaller transfers by offering incremental payment options to its customers.
COMMENT
Stellar is a common financial platform which allow its users to easily send, save, and receive money, without large fees or hassle.

PEOPLE

FOUNDERS:
Jed McCaleb, Joyce Kim
Board Members and Advisors:
Sam Altman, Greg Brockman, Joi Ito, Jackson Palmer, Keith Rabois, Matt Mullenweg, Naval Ravikant, Patrick Collison, Shivani Siroya, Joyce Kim, Linda Stone
NUMBER OF EMPLOYEES:
11-50
INVESTORS:
Stripe, Aslanoba Capital

TRACTION

VALUATION / MARKET CAP:
$20 MM in 2015

MOMENTUM

FUNDED:
YES
TOTAL FUNDING:
$3 Millions
SEED & PRIOR FUNDING:
$3 Millions
SEED CLOSED ON:
Aug 2014

LATEST RESEARCH