About Stenn
Stenn is a company based in London (United Kingdom) founded in 2003 by Greg Karpovsky.. Stenn has raised $50 million across 6 funding rounds from investors including Barclays, Natixis and Coface. The company has 38 employees as of December 31, 2020. Stenn offers products and services including Invoice Financing and Revenue-Based Financing. Stenn operates in a competitive market with competitors including Demica and TuningBill, among others.
- Headquarter London, United Kingdom
- Employees 38 as on 31 Dec, 2020
- Founders Greg Karpovsky
- Stage Soonicorn
-
Sectors
Financial Services
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Stenn International Ltd
- Date of Incorporation 13 Mar, 2015
- Jurisdiction LONDON, ENGLAND
-
Annual Revenue
$54.34 M (USD)92as on Dec 31, 2022
-
Net Profit
$-10.02 M (USD)-66as on Dec 31, 2022
-
EBITDA
$-16.24 M (USD)-77as on Dec 31, 2022
-
Total Equity Funding
$50 M (USD)
in 6 rounds
-
Latest Funding Round
$200 M (USD), Debt – Conventional
Feb 17, 2023
-
Investors
Barclays
& 4 more
-
Employee Count
38
as on Dec 31, 2020
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Stenn
Stenn offers a comprehensive portfolio of products and services, including Invoice Financing and Revenue-Based Financing. 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.
Funding for invoices to improve business cashflow quickly.
Non-dilutive capital for businesses to access funds fast.
Unlock access to complete
Funding Insights of Stenn
Stenn has successfully raised a total of $50M across 6 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in February 2023. 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 Funding
- Total Rounds 6
- Last Round Debt – Conventional — $200.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Debt – Conventional - Stenn | Valuation |
investors |
|
| Apr, 2022 | Amount | Private Equity Round - Stenn | Valuation | Centerbridge Partners |
|
| Jun, 2020 | Amount | Debt – Conventional - Stenn | Valuation |
investors |
| 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 Stenn
Stenn has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Barclays, Natixis and Coface. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Centerbridge Partners is engaged in alternative investment management.
|
Founded Year | Domain | Location | |
|
Asset-based private credit manager providing tailored financing solutions across various sectors
|
Founded Year | Domain | Location | |
|
Diversified financial services are provided across global markets.
|
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 Stenn
| 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 |
Financial Statements - Stenn
| 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 |
Stenn Comparisons
Competitors of Stenn
Stenn 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 Demica and TuningBill, 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 |
Cloud-based supply chain financing software is provided by Demica.
|
|
| domain | founded_year | HQ Location |
Digital bank for cross-border traders
|
| 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 Stenn
Frequently Asked Questions about Stenn
When was Stenn founded?
Stenn was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Where is Stenn located?
Stenn is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of Stenn?
Greg Karpovsky is the current CEO of Stenn. They have also founded this company.
Is Stenn a funded company?
Stenn is a funded company, having raised a total of $50M across 6 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $300M, raised on Jul 25, 2018.
How many employees does Stenn have?
As of Dec 31, 2020, the latest employee count at Stenn is 38.
What is the annual revenue of Stenn?
Annual revenue of Stenn is $54.34M as on Dec 31, 2022.
What does Stenn do?
Stenn was founded in 2003 in London, United Kingdom, and operates within the fintech sector. An online platform is utilized to enable invoice financing, where funds are advanced to suppliers upon shipment and extended payment terms are granted to buyers. Invoices are uploaded and accounts registered through the platform, with transfers directed to users bank accounts.
Who are the top competitors of Stenn?
Stenn's top competitors include Demica and TuningBill.
What products or services does Stenn offer?
Stenn offers Invoice Financing and Revenue-Based Financing.
Who are Stenn's investors?
Stenn has 5 investors. Key investors include Barclays, Natixis, Coface, Crayhill, and Centerbridge Partners.
What is Stenn's valuation?
The valuation of Stenn is $900M as of Apr 2022.