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$6.5 billion of assets under management and 55 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$6.5 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]
BookMyShow[8]
Califia Farms[9]
ChaosSearch[10]
Collectors Universe
Cypress[11]
Dataiku[12]
Dr. Barbara Sturm
eMarketer (acquired by Axel Springer)[13]
Emotive[14]
Erewhon[15]
Fireblocks[16]
Flatiron Health (acquired by Roche)[17]
FullStory[18]
Gimlet Media (acquired by Spotify)[19]
GlobalWebIndex[20]
GoFundMe[21]
GrubHub (IPO, 2014, NYSE: GRUB)
HyperScience[22]
Kosas[23]
Legion[24]
Levain Bakery[25]
Monday.com (IPO, 2021, NASDAQ: MNDY)[26]
On Running[27]
Oyster[28]
Pleo[29]
RapidAPI[30]
Refinery29 (acquired by Vice Media)[31]
Reformation[32]
Remitly[33]
ScaleFactor[34]
Siete[35]
Sift[36]
Snooze[37]
Snyk[38]
SPINS
Stella & Chewy's
Udemy[39]
Upwork (IPO, 2018, NASDAQ: UPWK)
Verbit[40]

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 November 8, 2019.
  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. VCCircle: Stripes Group, Accel, others invest $81.5 mn in BookMyShow as accessed on June 29, 2021.
  9. Finsmes: Califia Farms Receives $50M from Stripes Group as accessed on June 29, 2021.
  10. Bloomberg: ChaosSearch Announces $40 Million Series B Funding Round as accessed on June 29, 2021.
  11. Finsmes: Cypress.io Raises $40M in Series B Funding as accessed on June 29, 2021.
  12. Finsmes: Dataiku Raises $100M in Series D Funding as accessed on June 29, 2021.
  13. AdWeek: $25M Investment eMarketer Girds New Growth as accessed on March 24, 2014.
  14. TechCrunch: Emotive raises $50M to make text marketing more conversational as accessed on June 29, 2021.
  15. Forbes: Organic Grocer Erewhon Eyes Expansion After Private Equity Deal as accessed on June 29, 2021.
  16. 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.
  17. AlleyWatch: MEGA NYC Deal: Flatiron Health Acquired by Roche for $1.9B as accessed on June 29, 2021.
  18. VentureBeat: FullStory raises $32 million to track and analyze digital customer experiences as accessed on June 29, 2021.
  19. TechCrunch: Podcast network Gimlet Media scores $15 million in funding as accessed on June 30, 2021.
  20. TechCrunch: Market research firm GlobalWebIndex takes first VC with $40M Series A as accessed on June 30, 2021.
  21. Finsmes: GoFundMe Receives Venture Capital Funding as accessed on June 30, 2021.
  22. Finsmes: HyperScience Raises $30M in Series B Funding as accessed on June 30, 2021.
  23. BeautyIndependent: Kosas On The Rise: The Clean Beauty Brand Secures Series B Funding as accessed on June 30, 2021.
  24. Finsmes: Legion Raises $50M in Series C Funding as accessed on June 30, 2021.
  25. Forbes: Hole-In-The-Wall Manhattan Bakery Planning A National Expansion as accessed on June 30, 2021.
  26. TechCrunch: Monday.com raises $50M at a $500M valuation led by Stripes for its workplace collaboration tools as accessed on June 30, 2021.
  27. PitchBook: On as accessed on June 30, 2021.
  28. TechCrunch: Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation as accessed on June 30, 2021.
  29. TechCrunch: Pleo, the multi-card business spending platform, closes $56M Series B as accessed on June 30, 2021.
  30. VentureBeat: RapidAPI capitalizes on booming API economy with $60M in funding as accessed on June 30, 2021.
  31. TechCrunch: Refinery29 Raises 20 Million From Stripes Group as accessed on March 24, 2014.
  32. Fashionista: REFORMATION RAISES $12 MILLION FROM STRIPES GROUP, 14W AND KARLIE KLOSS as accessed on June 30, 2021.
  33. BusinessWire: Remitly Secures $38.5 Million in Series C Funding as accessed on June 30, 2021.
  34. Forbes: ScaleFactor Raised $100 Million In A Year As VCs Chase Small Business Focused Fintechs as accessed on June 30, 2021.
  35. The Business Journals: Grain-free tortilla maker wins $90 million to expand as accessed on June 30, 2021.
  36. GlobeNewswire: Sift Science Secures $53 Million to Prevent Fraud and Abuse, Power Digital Trust as accessed on June 30, 2021.
  37. Agri Investor: Stripes Group buys a slice of restaurant chain as accessed on June 30, 2021.
  38. PR Newswire: Snyk Closes $150M to Deliver Developer-first Security that Enables Secure Digital Transformation as accessed on June 30, 2021.
  39. TechCrunch: Udemy Raises Another $65 Million To Help Anyone Learn Anything as accessed on June 30, 2021.
  40. 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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