Stripes (growth equity firm)

Last updated
Stripes
Company type Privately held company
Industry
Founded2008
Founder Ken Fox
Headquarters40 10th Avenue, 5th Floor New York, New York, US
Products
Total assets US$6.4 billion
Website www.stripes.co

Stripes (Stripes, LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008. [1] [2] In 2024, Stripes has US$7 billion of assets under management and more than 80 investments. [3] Notable investments include A24, GoFundMe, GrubHub, On Running and Monday.com. [4]

Contents

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]
Boulder Care [12]
BRUNT Workwear [13]
CarOnSale [14]
Califia Farms [15]
ChaosSearch [16]
Collectors Universe [ citation needed ]
Connecteam [17]
Cypress [18]
Dataiku [19]
Dr. Barbara Sturm
eMarketer (acquired by Axel Springer) [20]
Emotive [21]
Equip
Erewhon [22]
Fabric [23]
Fireblocks [24]
Flatiron Health (acquired by Roche) [25]
Flex [26]
Frontegg [27]
FullStory [28]
Gimlet Media (acquired by Spotify) [29]
GlobalWebIndex [30]
GoFundMe [31]
GrubHub (IPO, 2014, NYSE: GRUB)
Harvest Hosts [32]
Hello Heart [33]
Hunters [34]
HyperScience [35]
Island [36]
Just Salad
Katalyst [37]
KHAITE [38]
Kosas [39]
Legion [40]
Levain Bakery [41]
Lithic [42]
Memfault [43]
MìLà [44]
Monday.com (IPO, 2021, NASDAQ: MNDY) [45]
Nomad [46]
Novo [47]
On Running (IPO, 2021, NYSE: ONON) [48]
Orca Security [49]
Oyster [50]
Parade (acquired by Ariela & Associates) [51]
Paradox [52]
Pleo Technologies [53]
Pomelo Care [54]
PopUp Bagels [55]
RapidAPI [56]
Refinery29 (acquired by Vice Media) [57]
Reformation [58]
Remitly (IPO, 2021, NASDAQ: RELY) [59]
Replicant [60]
ScaleFactor [61]
Settle [62]
7th Street Burger
Siete (acquired by PepsiCo) [63]
Sift [64]
Shibumi Shade
Snooze [65]
Snyk [66]
Spectro Cloud [67]
SPINS[ citation needed ]
Stella & Chewy's[ citation needed ]
Talos [68]
THISBOWL/FISHBOWL
Udemy (IPO, 2021, NASDAQ: UDMY) [69]
Upwork (IPO, 2018, NASDAQ: UPWK)[ citation needed ]
Verbit [70]
Vuori [71]

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.
  3. ↑ "About Stripes". www.stripes.co. Retrieved December 13, 2023.
  4. 1 2 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. ↑ Behavorial Health Business: Boulder Care Raises $35M to Expand Virtual Addiction Treatment Services as accessed on June 4, 2024.
  13. ↑ PR Newswire: BRUNT raises $20 Million Series B To Drive Continued Growth and Push Industry Innovation as accessed on June 6, 2022.
  14. ↑ StartBase: Caronsale gets $60 million as accessed on December 17, 2021.
  15. ↑ Finsmes: Califia Farms Receives $50M from Stripes Group as accessed on June 29, 2021.
  16. ↑ Bloomberg: ChaosSearch Announces $40 Million Series B Funding Round as accessed on June 29, 2021.
  17. ↑ TechCrunch: Connecteam raises $120M at an $800M+ valuation for comms app for deskless workers as accessed on June 6, 2022.
  18. ↑ Finsmes: Cypress.io Raises $40M in Series B Funding as accessed on June 29, 2021.
  19. ↑ Finsmes: Dataiku Raises $100M in Series D Funding as accessed on June 29, 2021.
  20. ↑ AdWeek: $25M Investment eMarketer Girds New Growth as accessed on March 24, 2014.
  21. ↑ TechCrunch: Emotive raises $50M to make text marketing more conversational as accessed on June 29, 2021.
  22. ↑ Forbes: Organic Grocer Erewhon Eyes Expansion After Private Equity Deal as accessed on June 29, 2021.
  23. ↑ Bloomberg: E-Commerce-Tech Startup Fabric Raises $100 Million in New Round as accessed on June 6, 2022.
  24. ↑ 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.
  25. ↑ AlleyWatch: MEGA NYC Deal: Flatiron Health Acquired by Roche for $1.9B as accessed on June 29, 2021.
  26. ↑ Stripes: Flex as accessed on December 17, 2021.
  27. ↑ PR Newswire: Frontegg raises $40M to solve user management for B2B SaaS as accessed on June 6, 2023.
  28. ↑ VentureBeat: FullStory raises $32 million to track and analyze digital customer experiences as accessed on June 29, 2021.
  29. ↑ TechCrunch: Podcast network Gimlet Media scores $15 million in funding as accessed on June 30, 2021.
  30. ↑ TechCrunch: Market research firm GlobalWebIndex takes first VC with $40M Series A as accessed on June 30, 2021.
  31. ↑ Finsmes: GoFundMe Receives Venture Capital Funding as accessed on June 30, 2021.
  32. ↑ 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.
  33. ↑ 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.
  34. ↑ TechCrunch: Hunters raises $68M Series C for its security operations platform as accessed on June 6, 2022.
  35. ↑ Finsmes: HyperScience Raises $30M in Series B Funding as accessed on June 30, 2021.
  36. ↑ BusinessWire: Island Raises $115 Million in Series B Funding to Enable Massive Innovation on Enterprise Browser as accessed on June 6, 2022.
  37. ↑ PR Newswire: Katalyst, Fitness Pioneer Backed by Stripes and Cindy Crawford, Announces $26M Raise as accessed on December 8, 2022.
  38. ↑ Business of Fashion: Khaite Receives New Investment from Stripes as accessed on June 6, 2023.
  39. ↑ BeautyIndependent: Kosas On The Rise: The Clean Beauty Brand Secures Series B Funding as accessed on June 30, 2021.
  40. ↑ Finsmes: Legion Raises $50M in Series C Funding as accessed on June 30, 2021.
  41. ↑ Forbes: Hole-In-The-Wall Manhattan Bakery Planning A National Expansion as accessed on June 30, 2021.
  42. ↑ Bloomberg: Startup Lithic Valued at $800 Million With Bet by Stripes as accessed on December 17, 2021.
  43. ↑ TechCrunch: Memfault raises $24M to help companies manage their growing IoT device fleets as accessed on June 6, 2023.
  44. ↑ PR Newswire: Xiao Chi Jie Rebrands as MìLà and Announces Simu Liu as Chief Content Officer as accessed on June 6, 2023.
  45. ↑ TechCrunch: Monday.com raises $50M at a $500M valuation led by Stripes for its workplace collaboration tools as accessed on June 30, 2021.
  46. ↑ Forbes: Brazilian Fintech Nomad Announces New Funding Round as accessed on June 6, 2022.
  47. ↑ TechCrunch: Novo, the SMB neobank, nabs $90M at a $700M valuation as accessed on June 6, 2022.
  48. ↑ PitchBook: On as accessed on June 30, 2021.
  49. ↑ VentureBeat: Cloud security provider Orca Security nabs $550M as accessed on December 17, 2021.
  50. ↑ TechCrunch: Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation as accessed on June 30, 2021.
  51. ↑ Business of Fashion: Parade Raises $20 Million in New Round, Bringing Valuation to $140 Million as accessed on December 17, 2021.
  52. ↑ 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.
  53. ↑ TechCrunch: Pleo, the multi-card business spending platform, closes $56M Series B as accessed on June 30, 2021.
  54. ↑ PR Newswire: Pomelo Care raises $46 million, covers over 3 million lives, and publishes data proving its virtual care model improves outcomes as accessed on December 3, 2024.
  55. ↑ GlobeNewswire: PopUp Bagels Closes $8M Series A Round as accessed on December 4, 2023.
  56. ↑ VentureBeat: RapidAPI capitalizes on booming API economy with $60M in funding as accessed on June 30, 2021.
  57. ↑ TechCrunch: Refinery29 Raises 20 Million From Stripes Group as accessed on March 24, 2014.
  58. ↑ Fashionista: REFORMATION RAISES $12 MILLION FROM STRIPES GROUP, 14W AND KARLIE KLOSS as accessed on June 30, 2021.
  59. ↑ BusinessWire: Remitly Secures $38.5 Million in Series C Funding as accessed on June 30, 2021.
  60. ↑ TechCrunch: Call center automation software vendor Replicant raises $78M as accessed on June 6, 2022.
  61. ↑ Forbes: ScaleFactor Raised $100 Million In A Year As VCs Chase Small Business Focused Fintechs as accessed on June 30, 2021.
  62. ↑ TechCrunch: Settle bags $60M to simplify bill payments for e-commerce as accessed on June 6, 2022.
  63. ↑ The Business Journals: Grain-free tortilla maker wins $90 million to expand as accessed on June 30, 2021.
  64. ↑ GlobeNewswire: Sift Science Secures $53 Million to Prevent Fraud and Abuse, Power Digital Trust as accessed on June 30, 2021.
  65. ↑ Agri Investor: Stripes Group buys a slice of restaurant chain as accessed on June 30, 2021.
  66. ↑ PR Newswire: Snyk Closes $150M to Deliver Developer-first Security that Enables Secure Digital Transformation as accessed on June 30, 2021.
  67. ↑ Finsmes: Spectro Cloud Raises $20M in Series A Funding as accessed on December 17, 2021.
  68. ↑ PR Newswire: Talos Raises $105 Million Series B Funding Round As Institutional Adoption of Digital Assets Accelerates as accessed on June 6, 2022.
  69. ↑ TechCrunch: Udemy Raises Another $65 Million To Help Anyone Learn Anything as accessed on June 30, 2021.
  70. ↑ PRWeb: Verbit’s Total Funding Raised to $65 Million, Following $31 Million Series B Led by Stripes as accessed on June 30, 2021.
  71. ↑ The Business of Fashion: Vuori Raises Investment at a $5.5 Billion Valuation as accessed on December 3, 2024.
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