Companies · Fintech

Stripe, Inc.Summer 2009Active

South San Francisco · CA, USA · Fintech · refined from filed group “Other · founded 2012 · http://stripe.com

Diligence memoA one-page analyst read on Stripe, Inc. — recommendation, valuation, rhythm, risks.
$2.7B
Total raised · real
12
Rounds
1.2×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Mon Apr 08 2024 00:00:00 GMT+0000 (Coordinated Universal Time)

Stripe, Inc. looks over-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the fintech sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Over-valued
  • Modeled value is 16.03× the median modeled value of Growth/Late Fintech companies in 2022–2024 (6 peers) — value vs value, same stage and era.
At-risk
  • Last raise 2.2 yr ago; this sector typically re-raises about every 12 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Fintech

Stripe, Inc. is one of 1063 Fintech companies tracked from South San Francisco, CA, USA, on record since 2012. By capital raised it ranks among the largest (ahead of 100% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Economic infrastructure for the internet.

Launched out of Y Combinator’s 2009 Summer batch, Stripe is a global technology company that builds economic infrastructure for the internet. Businesses of every size—from new startups to public companies—use our software to accept payments and manage their businesses online Stripe is a proud partner of YC companies—from Airbnb (S09) to Defog (W23)—to help them grow their businesses and increase the GDP of the internet.

Banking as a ServiceFintechSaaSfintech
Find Stripe online

Trades publicly as Stripe.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
17
Investors (latest)
2024-04-08
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$12.5B$25.0B$37.5B$50.0BSeries D+ · 2016-11-22 Raised $141M (real) Modeled valuation $4.6B (est)Series D+2016Series D+ · 2016-12-08 Raised $16M (real) Modeled valuation $523M (est)Series D+2016Series D+ · 2017-03-15 Raised $5.1M (real) Modeled valuation $165M (est)Series D+2017Series D+ · 2017-07-19 Raised $6.2M (real) Modeled valuation $203M (est)Series D+2017Series D+ · 2018-03-02 Raised $39M (real) Modeled valuation $1.3B (est)Series D+2018Series D+ · 2018-09-21 Raised $245M (real) Modeled valuation $8.0B (est)Series D+2018Series D+ · 2019-01-25 Raised $100M (real) Modeled valuation $3.3B (est)Series D+2019Series D+ · 2019-08-27 Raised $2.0M (real) Modeled valuation $65M (est)Series D+2019Series D+ · 2019-09-23 Raised $250M (real) Modeled valuation $8.2B (est)Series D+2019Growth/Late · 2020-03-25 Raised $631M (real) Modeled valuation $21.2B (est)Growth/Late2020Growth/Late · 2021-03-15 Raised $598M (real) Modeled valuation $17.2B (est)Growth/Late2021Growth/Late · 2024-04-08 Raised $694M (real) Modeled valuation $9.9B (est)Growth/Late2024Cumulative $2.7B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$141.0M · 2016
Series D+ extension$16.0M · 2016
Series D+ extension$5.1M · 2017
Series D+ extension$6.2M · 2017
Series D+ extension$38.7M · 2018
Series D+ extension$245.0M · 2018
Series D+ extension$100.0M · 2019
Series D+ extension$2.0M · 2019
Series D+ extension$250.0M · 2019
Growth/Late$631.0M · 2020
Growth/Late extension$597.8M · 2021
Growth/Late extension$694.2M · 2024

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 29%.

Modeled valuation trajectory
$9.9B
Base estimate est.
$5.2B
Conservative case
$13.0B
Upside case
$6.9B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the fintech sector profile. Directional, not a quoted figure.

Series D+ · modeled $4.6B · 2016-11-222016Series D+ · modeled $523.2M · 2016-12-08Series D+ · modeled $165.1M · 2017-03-15Series D+ · modeled $203.2M · 2017-07-19Series D+ · modeled $1.3B · 2018-03-02Series D+ · modeled $8.0B · 2018-09-21Series D+ · modeled $3.3B · 2019-01-25Series D+ · modeled $65.4M · 2019-08-27Series D+ · modeled $8.2B · 2019-09-23Growth/Late · modeled $21.2B · 2020-03-25Growth/Late · modeled $17.2B · 2021-03-15Growth/Late · modeled $9.9B · 2024-04-082024
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
86%
Survival probability
75% low · 93% high
1.25×/yr
Annual markup
1.37×/yr upside case
2.2 yr
Elapsed time used
2.2 yr actual, capped for stale marks
fintech
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
8 mo
Avg between rounds
$369.7M/yr
Capital velocity
9.6 yr
On record since
2016
First round
12
Rounds on file
How it compares to the market

Benchmarked against 1063 companies in Fintech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 634× above median
This company$2.7B
Sector median$4.3M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 4.5× above median
This company$694.2M
Sector median$155.9M
Modeled value — vs sector median (estimate, all stages) 221× above median
This company$9.9B
Sector median$45.0M

Raised more than 100% of sector peers (real $). Modeled value above 100% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #2 of 6.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$100.0B$100K$1.0M$10.0M$100.0M$1.0B$10.0BCapital raised (log)Metropolis Technologies, Inc. · Growth/Late Raised $1.2B · modeled $14.5B (est)Fawry · Growth/Late Raised $51.0M · modeled $1.2B (est)Deel, Inc. · Growth/Late Raised $509.4M · modeled $36.8M (est)Amenli · Growth/Late Raised $1.0M · modeled $16.0M (est)My Easy Transfer · Growth/Late Raised $420K · modeled $6.6M (est)Stripe, Inc. (this company) Raised $2.7B · modeled $9.9B (est)Stripe, Inc.
CompanyStageRaised · realValue · estvs peer med.
Metropolis Technologies, Inc.Growth/Late$1.2B$14.5B23.44×
Stripe, Inc. this companyGrowth/Late$2.7B$9.9B16.03×
FawryGrowth/Late$51.0M$1.2B1.94×
Deel, Inc.Growth/Late$509.4M$36.8M0.06×
AmenliGrowth/Late$1.0M$16.0M0.03×
My Easy TransferGrowth/Late$420K$6.6M0.01×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$141.0M2016-11-22$1.2B$4.6B90%
Series D+$16.0M2016-12-08$133.3M$523.2M90%
Series D+$5.1M2017-03-15$42.1M$165.1M90%
Series D+$6.2M2017-07-19$51.8M$203.2M90%
Series D+$38.7M2018-03-02$322.1M$1.3B90%
Series D+$245.0M2018-09-21$2.0B$8.0B90%
Series D+$100.0M2019-01-25$833.3M$3.3B90%
Series D+$2.0M2019-08-27$16.7M$65.4M90%
Series D+$250.0M2019-09-23$2.1B$8.2B90%
Growth/Late$631.0M2020-03-25$6.3B$21.2B90%
Growth/Late$597.8M2021-03-15$6.0B$17.2B90%
Growth/Late$694.2M2024-04-08$6.9B$9.9B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$141.0M2016-11-22
    • First recorded raise — entered as Series D+.
    • 8 investors on this round.
  2. Series D+$16.0M2016-12-08
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 8.8× smaller than the prior — bridge or down round.
    • 7 investors on this round.
  3. Series D+$5.1M2017-03-15
    • Came back fast: 3 mo vs the ~12 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  4. Series D+$6.2M2017-07-19
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 46 investors on this round.
  5. Series D+$38.7M2018-03-02
    • Raised 7 mo later, in step with the ~12 mo sector norm.
    • Round 6.2× larger than the prior — scaling up.
    • 36 investors on this round.
  6. Series D+$245.0M2018-09-21
    • Came back fast: 7 mo vs the ~12 mo sector norm.
    • Round 6.3× larger than the prior — scaling up.
    • 6 investors on this round.
  7. Series D+$100.0M2019-01-25
    • Came back fast: 4 mo vs the ~12 mo sector norm.
    • Round 2.4× smaller than the prior — bridge or down round.
    • 3 investors on this round.
  8. Series D+$2.0M2019-08-27
    • Came back fast: 7 mo vs the ~12 mo sector norm.
    • Round 50.0× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  9. Series D+$250.0M2019-09-23
    • Came back fast: 1 mo vs the ~12 mo sector norm.
    • Round 125.0× larger than the prior — scaling up.
    • 18 investors on this round.
  10. Growth/Late$631.0M2020-03-25
    • Came back fast: 6 mo vs the ~12 mo sector norm.
    • Round 2.5× larger than the prior — scaling up.
    • 20 investors on this round.
  11. Growth/Late$597.8M2021-03-15
    • Raised 12 mo later, in step with the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 85 investors on this round.
  12. Growth/Late$694.2M2024-04-08
    • Raised again after 37 mo — slower than the ~12 mo sector norm.
    • Round roughly the size of the prior one.
    • 17 investors on this round.
Intelligence
2024 ~Q4
Modeled next raise · ~8mo cadence
$806.1M
Modeled next size est.range $694.2M$1.3B
1.2×
Last step-up
$369.7M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Kevin Kelly9 other2024-04
Matt Huang6 other2024-04
Michael Moritz6 other2016-11
Luciana Lixandru3 other2024-04
Jonathan Chadwick2 other2018-03
Mark Carney1 other2021-03
Michelle Wilson1 other2018-09
Christa Davies2021-03
Dhivya Suryadevara2021-03
Diane Greene2019-01
John Collison2016-11
Patricia Walsh2021-03
Patrick Collison2016-11
Robert McIntosh2024-04
Steffan Tomlinson2024-04
William Gaybrick2016-11
Registry & provenance

Stripe, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1691342
SEC CIK
Recent activityQuiet

Discovered from stripe — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Rappi, Inc.FintechGrowth/Late$1.6B$13.3Bsame sector · same stage
UiPath, Inc.AI / MLGrowth/Late$2.0B$27.3Bnetwork1 shared operator · same stage
Maplebear Inc.Other TechnologyGrowth/Late$2.0B$5.7Bnetwork1 shared operator · same stage
FTX Trading Ltd.FintechGrowth/Late$1.3B$10.4Bsame sector · same stage
Metropolis Technologies, Inc.FintechGrowth/Late$1.2B$14.5Bsame sector · same stage
Kalshi Inc.Other TechnologyGrowth/Late$1.3B$8.3Bnetwork1 shared operator · same stage
Deel, Inc.FintechGrowth/Late$509.4M$36.8Msame sector · same stage
MNT-HalanFintechGrowth/Late$120.0M$3.1Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Pier
Stripe for Credit - Trusted Credit Compliance Partner
Fintech83%
Balance
The first digital payment experience company, built for B2B.
Fintech79%
PAYZE
Stripe for former Soviet Union countries
Fintech76%
Flowbo
Pipe for online businesses
Fintech76%
Bits
Bits is a credit card designed to help people build credit
Fintech75%
Relay Payments Inc.FintechSeries C$1.1B75%
Slope
The B2B Payments Platform
Fintech75%
Truss
Banking for construction
Fintech75%
Frequently asked
How much funding has Stripe, Inc. raised?
Stripe, Inc. has raised approximately $2.7B in disclosed capital across 12 recorded financing rounds, aggregated from public filings.
What is Stripe, Inc.'s estimated valuation?
Provath's modeled valuation for Stripe, Inc. is approximately $9.9B (modeled range $5.2B–$13.0B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Stripe, Inc. at?
Stripe, Inc.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Mon Apr 08.
What does Stripe, Inc. do and where is it based?
Stripe, Inc. operates in the Fintech sector, based in South San Francisco, CA, USA. Economic infrastructure for the internet.
Explore related

See where Stripe, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Stripe, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.