Stripes (growth equity firm)

Stripes (Stripes, LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008.[1][2] In 2021, Stripes had US$7.6 billion of assets under management and 80 investments.[3] Notable investments include On Running and Monday.com.[4]

Stripes
TypePrivately held company
Industry
Founded2008
FounderKen Fox
Headquarters40 10th Avenue, 5th Floor New York, New York, US
Products
Total assetsUS$7.6 billion
Websitewww.stripes.co

History

Stripes was founded by Ken Fox in 2008.[5]

Investments

Selected Stripes investments include:[4]

Company
A24[6]
Aviron[7]
Axonius[8]
BacklotCars (acquired by KAR Global)[9]
Balto[10]
BookMyShow[11]
BRUNT Workwear[12]
CarOnSale[13]
Califia Farms[14]
ChaosSearch[15]
Collectors Universe
Connecteam[16]
Cypress[17]
Dataiku[18]
Dr. Barbara Sturm
eMarketer (acquired by Axel Springer)[19]
Emotive[20]
Equip
Erewhon[21]
Fabric[22]
Fireblocks[23]
Flatiron Health (acquired by Roche)[24]
Flex[25]
FullStory[26]
Gimlet Media (acquired by Spotify)[27]
GlobalWebIndex[28]
GoFundMe[29]
GrubHub (IPO, 2014, NYSE: GRUB)
Harvest Hosts[30]
Hello Heart[31]
Hunters[32]
HyperScience[33]
Island[34]
Katalyst[35]
Kosas[36]
Legion[37]
Levain Bakery[38]
Lithic[39]
Monday.com (IPO, 2021, NASDAQ: MNDY)[40]
Nomad[41]
Novo[42]
On Running (IPO, 2021, NYSE: ONON)[43]
Orca Security[44]
Oyster[45]
Parade[46]
Paradox[47]
Pleo Technologies[48]
RapidAPI[49]
Refinery29 (acquired by Vice Media)[50]
Reformation[51]
Remitly (IPO, 2021, NASDAQ: RELY)[52]
Replicant[53]
ScaleFactor[54]
Settle[55]
Siete[56]
Sift[57]
Shibumi Shade
Snooze[58]
Snyk[59]
Spectro Cloud[60]
SPINS
Stella & Chewy's
Talos[61]
Udemy (IPO, 2021, NASDAQ: UDMY)[62]
Upwork (IPO, 2018, NASDAQ: UPWK)
Verbit[63]

References
  1. Commercial Observer: Check Out Stripes Group’s New Home at 402 West 13th Street as accessed on March 24, 2014.
  2. "Schedule 13D". www.sec.gov. April 11, 2018. Retrieved November 8, 2019.{{cite web}}: CS1 maint: url-status (link)
  3. "About Stripes". www.stripes.co. Retrieved November 8, 2019.{{cite web}}: CS1 maint: url-status (link)
  4. Stripes as accessed on June 21, 2021.
  5. CNNMoney: Where Are They Now? as accessed on March 24, 2014
  6. Deadline: A24 Closes $225M Equity Investment to Fund Expansion as accessed on June 6, 2022.
  7. Venture Capital Journal: Fitness startup Aviron nabs $18.5m in Stripes-led Series A as accessed on June 6, 2022.
  8. TechCrunch: Axonius nabs $100m at a $1.2B valuation for its asset management cybersecurity platform as accessed on June 29, 2021.
  9. PR Newswire: BacklotCars raises $25 million to accelerate its rapid growth nationwide in disrupting the $100 billion auto wholesale market as accessed on June 29, 2021.
  10. BizJournals: St. Louis software startup Balto raises $37M to expand its tech for contact centers as accessed on December 17, 2021.
  11. VCCircle: Stripes Group, Accel, others invest $81.5 mn in BookMyShow as accessed on June 29, 2021.
  12. PR Newswire: BRUNT raises $20 Million Series B To Drive Continued Growth and Push Industry Innovation as accessed on June 6, 2022.
  13. StartBase: Caronsale gets $60 million as accessed on December 17, 2021.
  14. Finsmes: Califia Farms Receives $50M from Stripes Group as accessed on June 29, 2021.
  15. Bloomberg: ChaosSearch Announces $40 Million Series B Funding Round as accessed on June 29, 2021.
  16. TechCrunch: Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers as accessed on June 6, 2022.
  17. Finsmes: Cypress.io Raises $40M in Series B Funding as accessed on June 29, 2021.
  18. Finsmes: Dataiku Raises $100M in Series D Funding as accessed on June 29, 2021.
  19. AdWeek: $25M Investment eMarketer Girds New Growth as accessed on March 24, 2014.
  20. TechCrunch: Emotive raises $50M to make text marketing more conversational as accessed on June 29, 2021.
  21. Forbes: Organic Grocer Erewhon Eyes Expansion After Private Equity Deal as accessed on June 29, 2021.
  22. Bloomberg: E-Commerce-Tech Startup Fabric Raises $100 Million in New Round as accessed on June 6, 2022.
  23. PR Newswire: Fireblocks Raises $133 Million in Series C Funding To Bring the World's Biggest Banks and Fintechs Into Crypto as accessed on June 29, 2021.
  24. AlleyWatch: MEGA NYC Deal: Flatiron Health Acquired by Roche for $1.9B as accessed on June 29, 2021.
  25. Stripes: Flex as accessed on December 17, 2021.
  26. VentureBeat: FullStory raises $32 million to track and analyze digital customer experiences as accessed on June 29, 2021.
  27. TechCrunch: Podcast network Gimlet Media scores $15 million in funding as accessed on June 30, 2021.
  28. TechCrunch: Market research firm GlobalWebIndex takes first VC with $40M Series A as accessed on June 30, 2021.
  29. Finsmes: GoFundMe Receives Venture Capital Funding as accessed on June 30, 2021.
  30. PR Newswire: Harvest Hosts Raises $37 Million to Expand Offering of Unique RV Camping Options as Road Travel Accelerates as accessed on June 6, 2022.
  31. BusinessWire: Hello Heart Closes $70M Series D Funding Following Significant Increase in Employers Market Demand for Heart Health Solutions as accessed on June 6, 2022.
  32. TechCrunch: Hunters raises $68M Series C for its security operations platform as accessed on June 6, 2022.
  33. Finsmes: HyperScience Raises $30M in Series B Funding as accessed on June 30, 2021.
  34. BusinessWire: Island Raises $115 Million in Series B Funding to Enable Massive Innovation on Enterprise Browser as accessed on June 6, 2022.
  35. PR Newswire: Katalyst, Fitness Pioneer Backed by Stripes and Cindy Crawford, Announces $26M Raise as accessed on December 8, 2022.
  36. BeautyIndependent: Kosas On The Rise: The Clean Beauty Brand Secures Series B Funding as accessed on June 30, 2021.
  37. Finsmes: Legion Raises $50M in Series C Funding as accessed on June 30, 2021.
  38. Forbes: Hole-In-The-Wall Manhattan Bakery Planning A National Expansion as accessed on June 30, 2021.
  39. Bloomberg: Startup Lithic Valued at $800 Million With Bet by Stripes as accessed on December 17, 2021.
  40. TechCrunch: Monday.com raises $50M at a $500M valuation led by Stripes for its workplace collaboration tools as accessed on June 30, 2021.
  41. Forbes: Brazilian Fintech Nomad Announces New Funding Round as accessed on June 6, 2022.
  42. TechCrunch: Novo, the SMB neobank, nabs $90M at a $700M valuation as accessed on June 6, 2022.
  43. PitchBook: On as accessed on June 30, 2021.
  44. VentureBeat: Cloud security provider Orca Security nabs $550M as accessed on December 17, 2021.
  45. TechCrunch: Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation as accessed on June 30, 2021.
  46. Business of Fashion: Parade Raises $20 Million in New Round, Bringing Valuation to $140 Million as accessed on December 17, 2021.
  47. PR Newswire: On a Mission to Build the Next Generation of HR and Recruiting Software through Conversational AI, Paradox Raises $200M Series C as accessed on June 6, 2022.
  48. TechCrunch: Pleo, the multi-card business spending platform, closes $56M Series B as accessed on June 30, 2021.
  49. VentureBeat: RapidAPI capitalizes on booming API economy with $60M in funding as accessed on June 30, 2021.
  50. TechCrunch: Refinery29 Raises 20 Million From Stripes Group as accessed on March 24, 2014.
  51. Fashionista: REFORMATION RAISES $12 MILLION FROM STRIPES GROUP, 14W AND KARLIE KLOSS as accessed on June 30, 2021.
  52. BusinessWire: Remitly Secures $38.5 Million in Series C Funding as accessed on June 30, 2021.
  53. TechCrunch: Call center automation software vendor Replicant raises $78M as accessed on June 6, 2022.
  54. Forbes: ScaleFactor Raised $100 Million In A Year As VCs Chase Small Business Focused Fintechs as accessed on June 30, 2021.
  55. TechCrunch: Settle bags $60M to simplify bill payments for e-commerce as accessed on June 6, 2022.
  56. The Business Journals: Grain-free tortilla maker wins $90 million to expand as accessed on June 30, 2021.
  57. GlobeNewswire: Sift Science Secures $53 Million to Prevent Fraud and Abuse, Power Digital Trust as accessed on June 30, 2021.
  58. Agri Investor: Stripes Group buys a slice of restaurant chain as accessed on June 30, 2021.
  59. PR Newswire: Snyk Closes $150M to Deliver Developer-first Security that Enables Secure Digital Transformation as accessed on June 30, 2021.
  60. Finsmes: Spectro Cloud Raises $20M in Series A Funding as accessed on December 17, 2021.
  61. PR Newswire: Talos Raises $105 Million Series B Funding Round As Institutional Adoption of Digital Assets Accelerates as accessed on June 6, 2022.
  62. TechCrunch: Udemy Raises Another $65 Million To Help Anyone Learn Anything as accessed on June 30, 2021.
  63. PRWeb: Verbit’s Total Funding Raised to $65 Million, Following $31 Million Series B Led by Stripes as accessed on June 30, 2021.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.