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Financial technology startup Stash reels in $146M

  • Financial technology startup Stash Financial Inc. has secured $146 million in funding, bringing its total funding to over $550 million.
  • The Series H round was led by Goodwater Capital and included investors like Union Square Ventures, StepStone Group, Serengeti, University of Illinois Foundation, and T. Rowe Price.
  • Stash has reached profitability, with more than 1.3 million subscribers and over $4 billion worth of managed assets. The company offers a mobile investing platform allowing users to purchase shares and provides features like Smart Portfolio and fractional share purchases.
  • With the new funding, Stash plans to expand its user base, enhance features like Money Coach AI for investment advice, and further develop its services, including the recently launched investing service StashWorks for enterprises.

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