About Stavtar Solutions
Stavtar Solutions is a Technology company based in New York (United States) founded in 2017 by Steven Petersen. Cloud-based solutions are provided for financial firms and asset managers. Stavtar Solutions has raised $60.26 million across 2 funding rounds from investors including Elephant Elephant. The company has 46 employees. Its Indian entity Stavtar Solutions India Private Limited reported revenue of ₹6.93 Cr. Stavtar Solutions offers products and services including StavPay, StavOrg, and StavTask. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its competitors include Gusto, Acumatica and ADP; 2 of its 3 listed competitors have raised funding.
Company details
Stavtar Solutions was founded in 2017 and is based in New York, United States. Cloud-based business management solutions are offered to financial service firms and asset managers. The product lineup consists of Stavpay, Stavtask, Stavaway, Stavreview, and Stavorg. These include features for vendor management, contract management, services management, employee reimbursement, and reporting. Operations focus on the financial sector.
- Headquarters New York, United States
- Employees 46
- Founders Steven Petersen
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website stavtar.com
- Social LinkedIn
- Legal Name Stavtar Solutions India Private Limited
- Date of Incorporation 19 Feb, 2019
- Jurisdiction Bangalore, Karnataka, India
- Indian entity revenue₹6.93 Cr
FY 2024 · +71% YoY
- Indian entity net profit₹75.3 Lakh
FY 2024 · 11% margin
- Indian entity EBITDA₹1.12 Cr
FY 2024 · 16% margin
- Total Equity Funding$60.26M (USD)
in 2 rounds
- Latest Funding Round$55M (USD), Series A
Aug 2025
- Investors
- Employee Count46
Associated legal entities of Stavtar Solutions
Stavtar Solutions operates through Stavtar Solutions India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Stavtar Solutions India Private Limited CIN U74999KA2019FTC121612 | Active | 19 Feb 2019 | Bangalore, Karnataka | ₹6.9 Cr | 46 | 3 | View details |
Products & Services of Stavtar Solutions
Stavtar Solutions offers a comprehensive portfolio of products and services, including StavPay, StavOrg, and StavTask.
Automates business spend and expense allocation for asset managers.
Manages legal entity information and workflows in one platform.
Handles monitoring and documentation of business workflows.
Funding Insights of Stavtar Solutions
Stavtar Solutions has successfully raised a total of $60.26M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $55 million completed in August 2025. 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 $60.26M
- Total Rounds 2
- Last Round Series A — $55M
- First Round $5.26M
(Jan 2024)
- Investors Count 1
All 2 funding rounds of Stavtar Solutions with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug 2025 | $55M | Series A | – | Elephant Venture Capital | – |
| Jan 2024 | $5.26M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in Stavtar Solutions
Stavtar Solutions has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Elephant Elephant.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm dealing with enterprise software, consumer internet, and mobile markets. | elephantvc.com |
Investor details for Stavtar Solutions
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Stavtar Solutions India Private Limited (Stavtar Solutions)
Stavtar Solutions India Private Limited is the primary company behind Stavtar Solutions. The board of Stavtar Solutions India Private Limited currently have 3 directors; the longest-serving is Sukhdeep Bains, appointed in 2019. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sukhdeep Bains DIN 08245362 | Director | 19 Feb 2019 | 7 yrs 8 mo | Stavtar Solutions India Private Limited |
| Steven Petersen DIN 08367628 | Director | 19 Feb 2019 | 7 yrs 8 mo | Stavtar Solutions India Private Limited |
| Avtar Singh Batth DIN 07043612 | Director | 20 Feb 2019 | 7 yrs 8 mo | Stavtar Solutions India Private Limited |
People of Stavtar Solutions
10 people are tracked at Stavtar Solutions (5 in leadership, 5 in team); the tracked headcount is 46.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Alla Liberman | Chief Financial Officer | Leadership |
Ganesh Iyer | Global Head Of Marketing | Leadership |
Aj Mueller | Head Of Customer Success | Leadership |
James Hutchinson | Director Of Business Development, EMEA & APAC | Leadership |
Rahul Bagwe | Software Developer | Team |
Vivek Guna | Dev Manager | Team |
Ashish Jain | Technical Manager | Team |
Srikanth KK | BPO Lead | Team |
Yash Gohil | Senior Software Engineer | Team |
Complete people profiles for Stavtar Solutions
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Stavtar Solutions
Figures of Stavtar Solutions India Private Limited, the primary company behind Stavtar Solutions, for FY 2024. Revenue was ₹6.93 Cr (+71% year on year). Net profit was ₹75.3 Lakh (11% margin). EBITDA was ₹1.12 Cr (16% margin). Revenue has grown at a compounded annual rate of +71% over three years.
- ₹6.93 CrRevenue · FY 2024 · +71% YoY
- ₹75.3 LakhNet profit · 11% margin
- ₹1.12 CrEBITDA · 16% margin
- ₹1 LakhPaid-up capital
- 46Employees (provident fund records)
- +71%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Stavtar Solutions India Private Limited are on its company page.
Detailed financial statements for Stavtar Solutions
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Stavtar Solutions
3 dated milestones of Stavtar Solutions across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Stavtar Solutions is founded.
- Funding First funding round of $5.3M.
- Funding Latest funding round, Series A, of $55.0M.
Competitors of Stavtar Solutions
Stavtar Solutions has 3 listed competitors in our database, 2 of them funded. They include Gusto, Acumatica and ADP.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| gusto.com | 2012 | San Francisco, United States | $718.35M | 5,876 | Cloud-based HR and payroll solutions are offered for small businesses. | |
| acumatica.com | 2008 | Kirkland, United States | $48.3M | 151 | Cloud-based ERP software is offered for small and medium enterprises. | |
| adp.com | 1949 | Roseland, United States | 44 | Cloud-based HR management solutions are offered for payroll and compliance. |
Detailed competitors of Stavtar Solutions
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Stavtar Solutions
The website of Stavtar Solutions (stavtar.com) receives about 3K visits a month.
- Monthly visits3K
▼ 45.2% vs previous month
Top companies in Investment & Financial Technology
3 companies that operate in the same segment as Stavtar Solutions (Investment & Financial Technology) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Commission-free trading and investment services are provided by Robinhood. | 2013 | Menlo Park, California, United States | USD 5.58 B | USD 2.98 B | 4,841 | |
Financial data and investment advisory tools are offered online. | 1984 | Chicago, Illinois, United States | USD 91 M | USD 351.25 K | 6 | |
App-based platform for spare change investment | 2012 | Irvine, California, United States | USD 587.84 M | 602 |
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Related news about Stavtar Solutions
Complete news archive for Stavtar Solutions
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Frequently Asked Questions about Stavtar Solutions
Stavtar Solutions was founded in 2017 and raised its 1st funding round 7 years after it was founded.
Stavtar Solutions is headquartered in New York, United States. It is registered at New York, New York, United States.
Stavtar Solutions is a funded company, having raised a total of $60.26M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.26M, raised on Jan 2024.
Stavtar Solutions has 46 employees.
The primary company behind Stavtar Solutions, Stavtar Solutions India Private Limited, reported revenue of ₹6.93 Cr for FY 2024, up 71% year on year.
Stavtar Solutions was founded in 2017 and is based in New York, United States. Cloud-based business management solutions are offered to financial service firms and asset managers. The product lineup consists of Stavpay, Stavtask, Stavaway, Stavreview, and Stavorg. These include features for vendor management, contract management, services management, employee reimbursement, and reporting. Operations focus on the financial sector.
Stavtar Solutions offers StavPay, StavOrg, and StavTask.
Stavtar Solutions has 1 investor. Key investors include Elephant Elephant.
Stavtar Solutions operates through Stavtar Solutions India Private Limited.
The legal entities of Stavtar Solutions currently have 3 directors, including Sukhdeep Bains, Avtar Singh Batth, Steven Petersen.