Stripes (growth equity firm)

Stripes (Stripes, LLC) is a private equity and venture capital firm based in Manhattan, New York, founded in 2008.[1][2] In 2021, Stripes had US$7.6 billion of assets under management and 67 investments.[3] Notable investments include On Running and Monday.com.[4]

Stripes
TypePrivately held company
Industry
Founded2008
FounderKen Fox
Headquarters402 West 13th Street New York, New York, US
Products
Total assetsUS$7.6 billion
Websitewww.stripes.co

History

Stripes was founded by Ken Fox in 2008.[5]

Investments

Selected Stripes investments include:[4]

Company
Axonius[6]
BacklotCars (acquired by KAR Global)[7]
Balto[8]
BookMyShow[9]
CarOnSale[10]
Califia Farms[11]
ChaosSearch[12]
Collectors Universe
Cypress[13]
Dataiku[14]
Dr. Barbara Sturm
eMarketer (acquired by Axel Springer)[15]
Emotive[16]
Erewhon[17]
Fireblocks[18]
Flatiron Health (acquired by Roche)[19]
Flex[20]
FullStory[21]
Gimlet Media (acquired by Spotify)[22]
GlobalWebIndex[23]
GoFundMe[24]
GrubHub (IPO, 2014, NYSE: GRUB)
HyperScience[25]
Kosas[26]
Legion[27]
Levain Bakery[28]
Lithic[29]
Monday.com (IPO, 2021, NASDAQ: MNDY)[30]
On Running (IPO, 2021, NYSE: ONON)[31]
Orca Security[32]
Oyster[33]
Parade[34]
Pleo[35]
RapidAPI[36]
Refinery29 (acquired by Vice Media)[37]
Reformation[38]
Remitly (IPO, 2021, NASDAQ: RELY)[39]
ScaleFactor[40]
Siete[41]
Sift[42]
Shibumi Shade
Snooze[43]
Snyk[44]
Spectro Cloud[45]
SPINS
Stella & Chewy's
Udemy (IPO, 2021, NASDAQ: UDMY)[46]
Upwork (IPO, 2018, NASDAQ: UPWK)
Verbit[47]

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.{{cite web}}: CS1 maint: url-status (link)
  3. "About Stripes". www.stripes.co. Retrieved November 8, 2019.{{cite web}}: CS1 maint: url-status (link)
  4. Stripes as accessed on June 21, 2021.
  5. CNNMoney: Where Are They Now? as accessed on March 24, 2014
  6. TechCrunch: https://techcrunch.com/2021/03/01/axonius-nabs-100m-at-a-1-2b-valuation-for-its-asset-management-cybersecurity-platform/ as accessed on June 29, 2021.
  7. 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.
  8. BizJournals: St. Louis software startup Balto raises $37M to expand its tech for contact centers as accessed on December 17, 2021.
  9. VCCircle: Stripes Group, Accel, others invest $81.5 mn in BookMyShow as accessed on June 29, 2021.
  10. StartBase: Caronsale gets $60 million as accessed on December 17, 2021.
  11. Finsmes: Califia Farms Receives $50M from Stripes Group as accessed on June 29, 2021.
  12. Bloomberg: ChaosSearch Announces $40 Million Series B Funding Round as accessed on June 29, 2021.
  13. Finsmes: Cypress.io Raises $40M in Series B Funding as accessed on June 29, 2021.
  14. Finsmes: Dataiku Raises $100M in Series D Funding as accessed on June 29, 2021.
  15. AdWeek: $25M Investment eMarketer Girds New Growth as accessed on March 24, 2014.
  16. TechCrunch: Emotive raises $50M to make text marketing more conversational as accessed on June 29, 2021.
  17. Forbes: Organic Grocer Erewhon Eyes Expansion After Private Equity Deal as accessed on June 29, 2021.
  18. 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.
  19. AlleyWatch: MEGA NYC Deal: Flatiron Health Acquired by Roche for $1.9B as accessed on June 29, 2021.
  20. Stripes: Flex as accessed on December 17, 2021.
  21. VentureBeat: FullStory raises $32 million to track and analyze digital customer experiences as accessed on June 29, 2021.
  22. TechCrunch: Podcast network Gimlet Media scores $15 million in funding as accessed on June 30, 2021.
  23. TechCrunch: Market research firm GlobalWebIndex takes first VC with $40M Series A as accessed on June 30, 2021.
  24. Finsmes: GoFundMe Receives Venture Capital Funding as accessed on June 30, 2021.
  25. Finsmes: HyperScience Raises $30M in Series B Funding as accessed on June 30, 2021.
  26. BeautyIndependent: Kosas On The Rise: The Clean Beauty Brand Secures Series B Funding as accessed on June 30, 2021.
  27. Finsmes: Legion Raises $50M in Series C Funding as accessed on June 30, 2021.
  28. Forbes: Hole-In-The-Wall Manhattan Bakery Planning A National Expansion as accessed on June 30, 2021.
  29. Bloomberg: Startup Lithic Valued at $800 Million With Bet by Stripes as accessed on December 17, 2021.
  30. TechCrunch: Monday.com raises $50M at a $500M valuation led by Stripes for its workplace collaboration tools as accessed on June 30, 2021.
  31. PitchBook: On as accessed on June 30, 2021.
  32. VentureBeat: Cloud security provider Orca Security nabs $550M as accessed on December 17, 2021.
  33. TechCrunch: Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation as accessed on June 30, 2021.
  34. Business of Fashion: Parade Raises $20 Million in New Round, Bringing Valuation to $140 Million as accessed on December 17, 2021.
  35. TechCrunch: Pleo, the multi-card business spending platform, closes $56M Series B as accessed on June 30, 2021.
  36. VentureBeat: RapidAPI capitalizes on booming API economy with $60M in funding as accessed on June 30, 2021.
  37. TechCrunch: Refinery29 Raises 20 Million From Stripes Group as accessed on March 24, 2014.
  38. Fashionista: REFORMATION RAISES $12 MILLION FROM STRIPES GROUP, 14W AND KARLIE KLOSS as accessed on June 30, 2021.
  39. BusinessWire: Remitly Secures $38.5 Million in Series C Funding as accessed on June 30, 2021.
  40. Forbes: ScaleFactor Raised $100 Million In A Year As VCs Chase Small Business Focused Fintechs as accessed on June 30, 2021.
  41. The Business Journals: Grain-free tortilla maker wins $90 million to expand as accessed on June 30, 2021.
  42. GlobeNewswire: Sift Science Secures $53 Million to Prevent Fraud and Abuse, Power Digital Trust as accessed on June 30, 2021.
  43. Agri Investor: Stripes Group buys a slice of restaurant chain as accessed on June 30, 2021.
  44. PR Newswire: Snyk Closes $150M to Deliver Developer-first Security that Enables Secure Digital Transformation as accessed on June 30, 2021.
  45. Finsmes: Spectro Cloud Raises $20M in Series A Funding as accessed on December 17, 2021.
  46. TechCrunch: Udemy Raises Another $65 Million To Help Anyone Learn Anything as accessed on June 30, 2021.
  47. PRWeb: Verbit’s Total Funding Raised to $65 Million, Following $31 Million Series B Led by Stripes as accessed on June 30, 2021.
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