https://stripe.com/newsroom/news/stripe-series-i-employee-liquidity * Products * Solutions * Developers * Resources * Pricing Sign in Dashboard Sign in Back Products Global Payments Accept payments online, in person, or through your platform. Revenue and Financial Management Automate revenue collection and finance. Banking-as-a-Service Embed financial services in your platform or product. Solutions Developers Resources Contact Sales Pricing Global Payments * Payments Online payments * Checkout Prebuilt payments page * Elements Customizable payments UIs * Payment Links No-code payments * Radar Fraud & risk management * Connect Payments for platforms * Billing Subscription management * Invoicing Online invoices * Terminal In-person payments * Financial Connections Linked financial account data * Identity Online identity verification Revenue and Financial Management * Billing Subscription management * Invoicing Online invoices * Tax Sales tax & VAT automation * Revenue Recognition Accounting automation * Sigma Custom reports * Data Pipeline Data warehouse sync * Atlas Startup incorporation * Climate Carbon removal Banking-as-a-Service * Connect Payments for platforms * Capital Business financing * Issuing Card creation * Treasury Banking-as-a-service Use Cases * Ecommerce * SaaS * Marketplaces * Embedded Finance * Platforms * Creator Economy * Crypto * Enterprise Integrations & Custom Solutions * App Marketplace * Professional Services * Partner Ecosystem * Documentation Get started * Prebuilt checkout * Libraries and SDKs * Plugins Guides * Accept Online Payments * Manage Subscriptions * Send Payments * Full API Reference * API Status * API Changelog * Build a Stripe App * Support Center * Support Plans * Guides * Customer Stories * Blog * Annual Conference * Contact Sales * Jobs * Newsroom * Stripe Press * Become a Partner Sign in Global Payments Accept payments online, in person, or through your platform. Revenue and Financial Management Automate revenue collection and finance. Banking-as-a-Service Embed financial services in your platform or product. * Payments Online payments * Checkout Prebuilt payments page * Elements Customizable payments UIs * Payment Links No-code payments * Radar Fraud & risk management * Connect Payments for platforms * Billing Subscription management * Invoicing Online invoices * Terminal In-person payments * Financial Connections Linked financial account data * Identity Online identity verification * Billing Subscription management * Invoicing Online invoices * Tax Sales tax & VAT automation * Revenue Recognition Accounting automation * Sigma Custom reports * Data Pipeline Data warehouse sync * Atlas Startup incorporation * Climate Carbon removal * Connect Payments for platforms * Capital Business financing * Issuing Card creation * Treasury Banking-as-a-service Use Cases * Ecommerce * SaaS * Marketplaces * Embedded Finance * Platforms * Creator Economy * Crypto * Global Businesses Integrations & Custom Solutions * App Marketplace * Professional Services * Partner Ecosystem * Documentation Start integrating Stripe's products and tools Get started * Prebuilt checkout * Libraries and SDKs * Plugins * Code samples Guides * Accept online payments * Manage subscriptions * Send payments * Set up in-person payments * Full API Reference * API Status * API Changelog * Build a Stripe App * Support Center * Support Plans * Guides * Customer Stories * Blog * Annual Conference * Contact Sales * Jobs * Newsroom * Stripe Press * Become a Partner * Products * Solutions * Developers * Resources * Pricing Contact sales Sign in Dashboard Sign in Back Products Global Payments Accept payments online, in person, or through your platform. Revenue and Financial Management Automate revenue collection and finance. Banking-as-a-Service Embed financial services in your platform or product. Solutions Developers Resources Contact Sales Pricing Global Payments * Payments Online payments * Checkout Prebuilt payments page * Elements Customizable payments UIs * Payment Links No-code payments * Radar Fraud & risk management * Connect Payments for platforms * Billing Subscription management * Invoicing Online invoices * Terminal In-person payments * Financial Connections Linked financial account data * Identity Online identity verification Revenue and Financial Management * Billing Subscription management * Invoicing Online invoices * Tax Sales tax & VAT automation * Revenue Recognition Accounting automation * Sigma Custom reports * Data Pipeline Data warehouse sync * Atlas Startup incorporation * Climate Carbon removal Banking-as-a-Service * Connect Payments for platforms * Capital Business financing * Issuing Card creation * Treasury Banking-as-a-service Use Cases * Ecommerce * SaaS * Marketplaces * Embedded Finance * Platforms * Creator Economy * Crypto * Enterprise Integrations & Custom Solutions * App Marketplace * Professional Services * Partner Ecosystem * Documentation Get started * Prebuilt checkout * Libraries and SDKs * Plugins Guides * Accept Online Payments * Manage Subscriptions * Send Payments * Full API Reference * API Status * API Changelog * Build a Stripe App * Support Center * Support Plans * Guides * Customer Stories * Blog * Annual Conference * Contact Sales * Jobs * Newsroom * Stripe Press * Become a Partner Sign in Global Payments Accept payments online, in person, or through your platform. Revenue and Financial Management Automate revenue collection and finance. Banking-as-a-Service Embed financial services in your platform or product. * Payments Online payments * Checkout Prebuilt payments page * Elements Customizable payments UIs * Payment Links No-code payments * Radar Fraud & risk management * Connect Payments for platforms * Billing Subscription management * Invoicing Online invoices * Terminal In-person payments * Financial Connections Linked financial account data * Identity Online identity verification * Billing Subscription management * Invoicing Online invoices * Tax Sales tax & VAT automation * Revenue Recognition Accounting automation * Sigma Custom reports * Data Pipeline Data warehouse sync * Atlas Startup incorporation * Climate Carbon removal * Connect Payments for platforms * Capital Business financing * Issuing Card creation * Treasury Banking-as-a-service Use Cases * Ecommerce * SaaS * Marketplaces * Embedded Finance * Platforms * Creator Economy * Crypto * Global Businesses Integrations & Custom Solutions * App Marketplace * Professional Services * Partner Ecosystem * Documentation Start integrating Stripe's products and tools Get started * Prebuilt checkout * Libraries and SDKs * Plugins * Code samples Guides * Accept online payments * Manage subscriptions * Send payments * Set up in-person payments * Full API Reference * API Status * API Changelog * Build a Stripe App * Support Center * Support Plans * Guides * Customer Stories * Blog * Annual Conference * Contact Sales * Jobs * Newsroom * Stripe Press * Become a Partner 1. Newsroom * News * Stories * About Stripe Stripe announces new round of funding and plan to provide employee liquidity March 15, 2023 * * * SAN FRANCISCO AND DUBLIN--Stripe, which builds economic infrastructure for the internet, has signed agreements for a Series I fundraise of more than $6.5 billion (EUR6.15 billion) at a $50B (EUR47B) valuation. Primary investors include existing Stripe shareholders--Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital--as well as new investors including GIC, Goldman Sachs Asset and Wealth Management, and Temasek. The funds raised will be used to provide liquidity to current and former employees and address employee withholding tax obligations related to equity awards, resulting in the retirement of Stripe shares that will offset the issuance of new shares to Series I investors. Stripe does not need this capital to run its business. "Over the last 12 years, current and former Stripes have helped build foundational economic infrastructure for millions of businesses around the world, and this transaction gives them the opportunity to access the value they've helped create," said John Collison, cofounder and president of Stripe. "But the internet economy is still young, and the opportunities of the next 12 years will dwarf those of the recent past. There's so much to discover and to create. For us, it's now back to work." Benefiting from enterprise leadership and start-up waves As traditional businesses have continued to shift online, Stripe's enterprise user base has compounded since 2019, and now includes some of the largest global enterprises like Amazon, Ford, Salesforce, BMW, and Maersk. At the same time, Stripe continues to see strong momentum with startups. Founders are starting companies at a historic rate, and Stripe Atlas saw a 155% increase in incorporations from 2019 to 2022. Stripe benefits from the early role it plays in technology waves that reverberate across the industry, like mobile marketplaces, SaaS, and now AI, with users like OpenAI, Anthropic, Midjourney, Copy.ai, CoreWeave, and a long list of others. "Stripe's strategy is inherently indexed to secular trends that will only compound for decades to come: the growth of the internet economy and the trajectories of the world's most innovative and forward-looking companies," said Josh Kushner, founder and CEO of Thrive Capital. "Stripe will continue to be at the epicenter of every new technology current, and is the de facto choice for the businesses and builders that are creating the future. This is why we first invested in Stripe in 2014, and why we are proud to deepen our partnership." A growing product portfolio One hundred businesses now handle more than $1 billion on Stripe every year. Seventy-five percent of these global winners use Stripe for more than just payments and over 70% use Stripe to manage operations across multiple countries. "Stripe is a world-class, founder-led company recognized for its durable and scaled payments business, with newer products, like Issuing, Billing, and Tax, that have the potential to be powerful accelerators to growth over time. We are proud to partner with Stripe to support the company's continued success over the long term," said Gregg Lemkau, co-CEO of BDT & MSD Partners. Goldman Sachs served as sole placement agent on the transaction. J.P. Morgan acted as a financial advisor. United States Sign up instantly * AU Australia * AT Austria * BE Belgium * BR Brazil * BG Bulgaria * CA Canada * HR Croatia * CY Cyprus * CZ Czech Republic * DK Denmark * EE Estonia * FI Finland * FR France * DE Germany * GI Gibraltar * GR Greece * HK Hong Kong * HU Hungary * IN India * IE Ireland * IT Italy * JP Japan * LV Latvia * LI Liechtenstein * LT Lithuania * LU Luxembourg * MY Malaysia * MT Malta * MX Mexico * NL Netherlands * NZ New Zealand * NO Norway * PL Poland * PT Portugal * RO Romania * SG Singapore * SK Slovakia * SI Slovenia * ES Spain * SE Sweden * CH Switzerland * TH Thailand * AE United Arab Emirates * GB United Kingdom * United States English (United States) * Deutsch * English (United States) * English (United Kingdom) * Espanol (America Latina) * Espanol (Espana) * Francais (France) * Francais (Canada) * Bahasa Indonesia * Italiano * Ri Ben Yu * Nederlands * Portugues (Brasil) * Svenska * aithy * Jian Ti Zhong Wen * (c) 2023 Stripe, Inc. Products * Atlas * Billing * Capital * Checkout * Climate * Connect * Corporate Card * Data Pipeline * Elements * Financial Connections * Identity * Invoicing * Issuing * Link * Payments * Payment Links * Payouts * Pricing * Radar * Revenue Recognition * Sigma * Tax * Terminal * Treasury Solutions * Ecommerce * SaaS * Marketplaces * Embedded Finance * Platforms * Creator Economy * Crypto * Global Businesses Integrations & Custom Solutions * App Marketplace * Partner Ecosystem * Professional Services Developers * Documentation * API Reference * API Status * API Changelog * Build a Stripe App Resources * Support Center * Support Plans * Guides * Customer Stories * Blog * Annual Conference * Contact Sales * Privacy & Terms * Licenses * COVID-19 * Sitemap * Cookie settings * Your CA Privacy Choices Company * Jobs * Newsroom * Stripe Press * Become a Partner