What does Stash do?
Stash is a digital investment platform that empowers individuals to start investing with plans as low as $3 a month. The platform offers a suite of automated financial solutions including StashWorks, a financial wellness benefit for employers, and a Stock-Back Debit Card that rewards everyday purchases with stock.
How much did they raise?
The company raised $146M in a Series H round, led by Goodwater Capital with participation from Union Square Ventures, StepStone Group, Serengeti, University of Illinois Foundation, and funds managed by T. Rowe Price Investment Management.
What are their plans for the money?
Stash intends to use the new funds to accelerate its product innovation, boost subscriber growth, and further develop its AI capabilities, potentially transforming how everyday consumers manage their finances and invest.
What have they achieved so far?
Already managing $4.3 billion in assets, Stash has demonstrated its impact with innovative products such as Money Coach AI and a range of automated investment tools designed to help users achieve financial security through saving and investing.
