Stake

New York, United States Founded: 2018 • Age: 8 yrs
Stake is recognized as a financial technology company offering rental rewards.
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About Stake

Stake is a company based in New York (United States) founded in 2018. It operates as a FinTech, and Commission-Based. Stake has raised $17.96 million across 2 funding rounds from investors including Webflow, Enterprise Community and RET Ventures. Stake has completed 1 acquisition, including Circa. Stake offers products and services including StakePay, Credit Builder, Stake Visa Debit Card, and ESG Dashboard. Stake operates in a competitive market with competitors including Bilt Rewards, PayLease, Flex, Esusu and ZSuite Technologies, among others.

  • Headquarter New York, United States
  • Sectors
    Real Estate & Construction
    Financial Services
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Real Estate & Construction → Property Technology (PropTech)
Financial Services → FinTech & Digital Finance
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $17.96 M (USD)

    in 2 rounds

  • Latest Funding Round
    $13.96 M (USD), Series A

    Jun 16, 2022

  • Investors
    Webflow

    & 12 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Products & Services of Stake

Stake offers a comprehensive portfolio of products and services, including StakePay, Credit Builder, Stake Visa Debit Card, and ESG Dashboard. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Cash back is provided for on-time rent payments.

Credit scores are improved by reporting positive payments.

Cash back is earned on every card transaction.

Environmental and social governance data is tracked here.

People of Stake
Headcount 10-50
Employee Profiles 10
Board Members and Advisors 1
Employee Profiles
People
Liam Hecht
VP, Growth & Operations
People
Utkarsh Yadav
Head of Member Marketing
People
Jimmy Jacobson
Co-Founder & Director of Engineering
People
Rowland Hobbs
CEO & Co-Founder

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Board Members and Advisors
people
Matthew Ohlman
Board Observer

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Funding Insights of Stake

Stake has successfully raised a total of $17.96M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $13.96 million completed in June 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Series A — $14.0M
  • First Round

    (28 Sep 2021)

  • Investors Count 13
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2022 Amount Series A - Stake Valuation RET Ventures
Sep, 2021 Amount Seed - Stake Valuation Shadow Ventures
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Stake

Stake has secured backing from 13 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Webflow, Enterprise Community and RET Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Venture capital fund focused on the real estate startups
Founded Year Domain Location
SaaS-based companies are invested in by Second Century Ventures.
Founded Year Domain Location
Venture capital firm focused on multiple sectors
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Stake

Stake has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Circa. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Rental payments are managed online for tenants, owners, and managers.
2019
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Stake

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Stake Comparisons

Employees
+
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Competitors of Stake

Stake operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bilt Rewards, PayLease, Flex, Esusu and ZSuite Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Reward-based rental management is facilitated via SaaS for residential properties.
domain founded_year HQ Location
Payment solutions are offered to the property management sector.
domain founded_year HQ Location
Flex is recognized for offering flexible rent payment solutions.
domain founded_year HQ Location
Online platform offering credit-building solutions through rent payment reporting
domain founded_year HQ Location
SaaS tools for automating rental payments and deposits are provided.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Stake

Frequently Asked Questions about Stake

When was Stake founded?

Stake was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Stake located?

Stake is headquartered in New York, United States. It is registered at New York, New York, United States.

Is Stake a funded company?

Stake is a funded company, having raised a total of $17.96M across 2 funding rounds to date. The company's 1st funding round was a Seed of $4M, raised on Sep 28, 2021.

What does Stake do?

Stake is established as a financial technology company focused on enhancing the rental experience. Services are provided in the fintech sector, offering solutions like cash back on rent payments, credit building through positive payment reporting, and banking amenities via the Stake Visa Debit Card. Partnerships with property operators are maintained to integrate these financial tools into rental communities. Additionally, data tools like the ESG Dashboard are offered to track environmental and social governance metrics. The company aims to support renters with financial freedom through innovative reward systems and banking services.

Who are the top competitors of Stake?

Stake's top competitors include Esusu, Bilt Rewards and Flex.

What products or services does Stake offer?

Stake offers StakePay, Credit Builder, Stake Visa Debit Card, and ESG Dashboard.

How many acquisitions has Stake made?

Stake has made 1 acquisition, including Circa.

Who are Stake's investors?

Stake has 13 investors. Key investors include Webflow, Enterprise Community, RET Ventures, Second Century Ventures, and Operator Stack.

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