Stripes

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Total investments 69

Average round size

The average size of a deal this fund participated in

$48M

Portfolio companies 59

Rounds per year 5.31

Lead investments 18

Follow on index

How often the fund supports its portfolio startups at next rounds

0.26

Exits 13

Key employees Soon

https://www.stripes.co

https://twitter.com/stripesco_

United States, New York

Stages of investment

Early Stage Venture

Late Stage Venture

Private Equity

Areas of investment

Software
Information Technology
Internet
SaaS
Machine Learning

Summary

Stripes is the famous VC, which was founded in 2008. The venture was found in North America in United States. The main office of represented VC is situated in the New York.

This organization was formed by Ken Fox.

The fund is generally included in 2-6 deals every year. The increased amount of exits for fund were in 2018. The common things for fund are deals in the range of 10 - 50 millions dollars. The top activity for fund was in 2019. Comparing to the other companies, this Stripes performs on 1 percentage points less the average number of lead investments. The average startup value when the investment from Stripes is 500 millions - 1 billion dollars. Speaking about the real fund results, this VC is 50 percentage points more often commits exit comparing to other organizations.

We can highlight the next thriving fund investment areas, such as Internet, Audio. Among the various public portfolio startups of the fund, we may underline Udemy, Kareo, Seamless Besides, a startup needs to be aged 6-10 years to get the investment from the fund. The fund has no specific favorite in a number of founders of portfolio startups. If startup sums 2 or 4 of the founder, the chance for it to be financed is low. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States.

The usual cause for the fund is to invest in rounds with 3-4 partakers. Despite the Stripes, startups are often financed by Kleiner Perkins, GV, Bessemer Venture Partners. The meaningful sponsors for the fund in investment in the same round are Bessemer Venture Partners, First Round Capital, Western Technology Investment. In the next rounds fund is usually obtained by Silicon Valley Bank, OpenView Venture Partners, Greenspring Associates.

Funds with similar focus

Funds from United States, New York

Funds with similar focus located in United States, New York:

1 GV

2 Lightspeed Venture Partners

3 Venrock

4 Norwest Venture Partners

5 New Enterprise Associates

Funds with the same geo focus

Funds with similar geography of portfolio companies:

1 Benchmark

2 Canaan Partners

3 Trinity Ventures

4 Menlo Ventures

5 U.S. Venture Partners

Funds doing lead investments

Funds with similar focus acting as lead investors:

1 Greenland Group

2 Session.vc

3 Hollyport Capital

4 ABC World Asia

5 Birch Venture Capital

Look at other 50 related and similar funds Collapse list ↓

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EDEX	-
Aries Holding BV	The Netherlands, Amsterdam
TechBloc	-
Sports.ru	Russian Federation, Moscow City

Notable deals

Company	Industry	Round	Round Size	Date	Investors	Location
Balto	Analytics Artificial Intelligence Machine Learning Software Speech Recognition	1	$37M	19 Aug 2021	Stripes Cultivation Capital Sandalphon Capital SaaS Ventures Stage Venture Partners Sierra Ventures Atreides Management, LP TIA Ventures OCA Ventures	United States, City of Saint Louis
FullStory	Analytics E-Commerce Internet Marketing SaaS Software	1	$103M	04 Aug 2021	Permira Glynn Capital Management Stripes GV Dell Technologies Capital Salesforce Ventures Kleiner Perkins	United States, Atlanta
Spectro Cloud	Enterprise Information Technology Infrastructure SaaS Software	1	$20M	27 Jul 2021	Stripes WestWave Capital Boldstart Ventures Sierra Ventures Alter Venture Partners	United States, San Jose
Fabric	B2B E-Commerce Marketing SaaS	1	$100M	20 Jul 2021	Stripes B Capital Group Redpoint Norwest Venture Partners Sierra Ventures Greycroft	United States, Bellevue
Pleo	Financial Services FinTech Information Technology Mobile Payments Payments	1	$150M	06 Jul 2021	Creandum Seedcamp Stripes Bain Capital Ventures Thrive Capital Kinnevik AB Founders	Denmark, Copenhagen
Oyster	Employment Human Resources Software	1	$50M	22 Jun 2021	Slack Fund Stripes Avid Ventures Emergence	United States, Charlotte
Spiff	Financial Services FinTech Information Services Information Technology Sales Sales Automation Software	1	$46M	01 Jun 2021	Norwest Venture Partners Lightspeed Venture Partners Salesforce Ventures Stripes	United States, Sandy
Legion Technologies	Artificial Intelligence Human Resources Machine Learning SaaS Software	1	$50M	11 May 2021	Stripes Dollar General Norwest Venture Partners XYZ Venture Capital First Round Capital Webb Investment Network	United States, Redwood City
Sift	Big Data Fraud Detection Machine Learning Network Security Predictive Analytics Security	1	$50M	22 Apr 2021	Stripes Union Square Ventures Insight Partners	United States, San Francisco

News

Balto Raises $37.5M; Pushes to Close Execution Gap for Contact Centers

– Balto announced the completion of a $37.5m Series B funding round.
– The funding was led by Stripes and joined by RingCentral Ventures.
– Existing investors that participated include Sierra Ventures, TIA Ventures, OCA Ventures, Stage Venture Partners, SaaS Venture Capital, Sandalphon Capital, Cultivation Capital, and Atreides Management.
– The funding comes on the heels of Balto’s two latest product releases and as Balto’s Real-Time Platform surpasses 75 million guided calls and 160 million Real-Time Recommendations.

Lithic Raises $60M in Series C Funding

– Lithic is a NYC-based card issuing platform for developers.
– The company raised $60m in Series C funding.
– The round was led by Stripes, with participation from Bessemer Venture Partners, Index Ventures, Exor, Rainfall, Tusk Venture Partners, and Commerce Ventures.
– The investment will be used to continue to grow, help the team scale and expand the platform through strategic acquisitions to enhance the product and its core offerings.

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