Stripe company profile
decacorn
Payment processing and card issuance solutions for businesses
2009•San Francisco (United States)•Series I
Stripe - About the company
What does Stripe do?
Payment processing and card issuance solutions for businesses. It offers solutions such as payment gateways, hardware-based POS terminals, billing and subscription payments, and more. It also offers financial services such as the issuance of corporate cards, business financing, and more.
Which sectors and market segments does Stripe operate in?
- Stripe serves in the B2B, SaaS space in the FinTech market segments.
- The primary business model of Stripe is:FinTech > Payments > ***** **** > ***** ******
Company Details
- Website: stripe.com
- Social:
- Email ID: *****@stripe.com
Key Metrics
Total Funding
$9.81B in 24 rounds
Latest Funding Round
Post Money Valuation
$70B as on Jul 15, 2024
Investors
Ranked
1st among 1461 active competitors
Employee Count
5,904 as on Dec 31, 2023
Investment & Acquisitions
Similar Companies
Which legal entities is Stripe associated with?
Stripe is associated with 6 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Nov 05, 2019 | - | - | 647 | |
Feb 23, 2003 | - | - | 543 | |
Apr 08, 2013 | $653M (as on Dec 31, 2022) | $17.9M (as on Dec 31, 2022) | 952 | |
May 28, 2015 | $245M (as on Dec 31, 2022) | $7.1M (as on Dec 31, 2022) | 408 | |
Apr 12, 2009 | - | - | 370 | |
Sep 06, 2016 | $3.04M (as on Mar 31, 2020) | $126K (as on Mar 31, 2020) | 671 |
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Stripe's funding and investors
Filter this listHow much funding has Stripe raised till date?
Stripe has raised a total funding of $9.81B over 24 rounds. Its first funding round was on Jan 2010.
List of recent funding rounds of Stripe
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Apr 08, 2024 | $694M | Series I | $70B | - | - |
Mar 15, 2023 | $6.87B | Series I | $50B | - | |
Mar 14, 2021 | $600M | Series H | $95B | - |
Access funding benchmarks and valuations. Sign up today!What is the current valuation of Stripe?
Stripe is valued at $70B as per the latest available filings.Here is Stripe's valuation trend over time:
Date | Valuation |
|---|---|
Jul 24 | $70B |
Feb 24 | 952 |
Mar 23 | 951 |
Jan 23 | 561 |
Mar 21 | 364 |
Apr 20 | 203 |
Sep 19 | 274 |
See how Stripe's valuation has changed over time. Sign up today!Who are Stripe's investors?
Stripe has 114 institutional investors including General Catalyst, Sequoia Capital and a16z. Elad Gil and 1 other are Angel Investors in Stripe.
View details of Stripe funding rounds and investors
Stripe's founders and board of directors
Founder? Claim Profile
Who are the founders of Stripe?
The founders of Stripe are Patrick Collison and John Collison. Patrick Collison has founded 1 more company - Auctomatic.Who is the current CEO of Stripe?
Patrick Collison is the CEO of Stripe.How many employees does Stripe have?
Stripe has 5,904 employees as of Dec 23. The total employee count is 23.1% more than what it was in Dec 22.
Uncover Stripe's growth story! Sign up today!View details of Stripe's Founder profiles and Board Members
Stripe's Competitors and alternates
Here is the list of Top 10 competitors of Stripe, ranked by Tracxn score :
Overall Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Stripe 2009, San Francisco (United States), Series I | Payment processing and card issuance solutions for businesses | $9.81B | 91/100 | |
2nd |  PayPal 1998, San Jose (United States), Public | App-based platform for diversified payment solutions for consumers and companies | $216M | 90/100 | |
3rd | Checkout 2012, London (United Kingdom), Series D | Provider of payment solutions that help businesses and communities thrive in the digital economy | $1.83B | 74/100 | |
4th | PayU 2002, Amsterdam (Netherlands), Funding Raised | Payment gateway platform for consumers and businesses | - | 74/100 | |
5th |  Mollie 2004, Amsterdam (Netherlands), Series C | Company provides online payment solutions for business | $940M | 73/100 | |
6th | PaySimple 2006, Denver (United States), Series B | Online Payment and Invoicing for small business | $137M | 71/100 | |
7th |  PayNearMe 2009, Santa Clara (United States), Series F | Payment gateway solutions | $153M | 71/100 | |
8th | BlueSnap 2001, Waltham (United States), Acquired | International payment solution | $68M | 69/100 | |
9th |  Bango 1999, Cambridge (United Kingdom), Public | Provider of marketing solutions for e-commerce businesses | - | 67/100 | |
10th | Jack Henry 1976, Monett (United States), Public | Provider of a platform offering banking and payments solutions | - | 67/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Stripe's competitors? Click here to see the top ones
Stripe's Investments and acquisitions
Filter this listStripe has made 58 investments in companies including Remark and Clerk. Stripe has also acquired 15 companies including Lemon Squeezy and Okay. Here is the list of investments & acquisitions:
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Jul 27, 2024 | Acquisition | 2004 | Salt Lake City, United States | |
May 30, 2024 | Investments | 2020 | New York City, United States | |
Jan 23, 2024 | Investments | 2019 | San Francisco, United States |
Want to know more about where corporates are investing? Sign up today!See all investments and acquisitions by Stripe
Reports related to Stripe
Here is the latest report on Stripe's sector:
News related to Stripe
Filter this listMedia has covered Stripe for a total of 131 events in the last 1 year, 53 of them have been about partnerships and 52 about company updates.
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Stripe partners with Remote allows users to receive payments globallyCryptoTvplus•Dec 18, 2024•Stripe, Remote
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Aptos Integrates Stripe and Circle’s USDC Into Its NetworkNFTgators•Nov 22, 2024•Stripe, Aptos Foundation
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Stripe becomes Nacha’s preferred partnerElectronic Payments International•Nov 21, 2024•Stripe, NACHA
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USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto productsFinSMEs•Nov 21, 2024•Aptos Foundation, Circle, Stripe
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Nacha Welcomes Stripe as a Preferred Partner for ACH ExperienceBusiness Wire•Nov 20, 2024•NACHA, Stripe
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Sequoia Capital to Earn $100M From Stripe’s $1.1B Acquisition of Bridgebitcoinethereumnews.com•Nov 04, 2024•Sequoia Capital, Stripe, Bridge
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AgriDex Leverages Stripe to Lower Agri-Trade Costs with Stablecoin PaymentsShareandstocks•Nov 01, 2024•Agridex, Stripe
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Finix raises $75 million to take on Stripe as a payment processorTechCrunch+•Oct 24, 2024•Finix, Stripe
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Tillster Partners with Stripe, Bolstering Frictionless Payment Options for Tillster CustomersBusiness Wire•Oct 22, 2024•Tillster, Stripe
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Frequently asked questions about Stripe
When was Stripe founded?
Stripe was founded in 2009.Where is Stripe located?
Stripe is located in San Francisco, United States.Is Stripe a funded company?
Stripe is a funded company, its first funding round was on Jan 2010.When was the latest funding round of Stripe?
Stripe's latest funding round was on Apr 08, 2024.How much is Stripe worth?
The latest valuation of Stripe is $70B as on Jul 15, 2024.Is Stripe a Payments company?
The primary sector of Stripe is Payments.Are you a Founder ?
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