About Stenn
Stenn is a Financial Services company based in London (United Kingdom) founded in 2003 by Greg Karpovsky. Online platform for invoice financing. Stenn has raised $50 million across 6 funding rounds from investors including Barclays, Natixis and Coface. The company has 38 employees. Stenn was last valued at $900 million in April 2022. Its chief executive, as recorded, is Greg Karpovsky. Stenn offers products and services including Invoice Financing and Revenue-Based Financing. Its focus areas include FinTech, Alternative Lending, Online Lenders and Business Loans. Its legal entity is STENN INTERNATIONAL LTD. Its competitors include Demica and TuningBill; 2 of its 2 listed competitors have raised funding.
Company details
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.
- Headquarters London, United Kingdom
- Employees 38
- Founders Greg Karpovsky
- Stage Soonicorn
- SectorsFinancial Services
- Email••••••••
- Phone•••• ••••
- Website stenn.com
- Social LinkedIn X Facebook
- 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$50M (USD)
in 6 rounds
- Latest Funding Round$200M (USD), Debt – Conventional
Feb 2023
- InvestorsBarclays
& 4 more
- Employee Count38
Products & Services of Stenn
Stenn offers a comprehensive portfolio of products and services, including Invoice Financing and Revenue-Based Financing.
Funding for invoices to improve business cashflow quickly.
Non-dilutive capital for businesses to access funds fast.
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 $50M
- Total Rounds 6
- Last Round Debt – Conventional — $200M
- Investors Count 5
All 6 funding rounds of Stenn 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 |
|---|---|---|---|---|---|
| Feb 2023 | $200M | Debt – Conventional | – | – | |
| Apr 2022 | $50M | Private Equity Round | $900M | Centerbridge Partners | – |
| Jun 2020 | $300M | Debt – Conventional | – | – | |
| May 2020 | $200M | Debt – Conventional | – | – | |
| Jul 2019 | $200M | Debt – Conventional | – | – | |
| Jul 2018 | Debt – Conventional | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Apr 2022 | $900M | •••••••• |
Last known valuation $900M (Apr 2022). 5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Centerbridge Partners is engaged in alternative investment management. | centerbridge.com | New York, United States | ||
Asset-based private credit manager providing tailored financing solutions across various sectors | 2015 | crayhill.com | New York, United States | |
Diversified financial services are provided across global markets. | 1690 | home.barclays | London, United Kingdom | |
Trade credit insurance services are provided to businesses worldwide. | 1946 | coface.com | Bois Colombes, France | |
Multi-disciplinary global financial services provider | 2006 | natixis.com | Paris, France |
Investor details for Stenn
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Stenn
24 people are tracked at Stenn (12 in leadership, 12 in team); the tracked headcount is 38.
| Name | Role | Group |
|---|---|---|
Greg Karpovsky | Founder & CEO | Leadership |
Mike Novikov | CTO | Leadership |
Brandon D. | Director Of Partnerships | Leadership |
Akin Akinwale | Director Accounting & Treasury | Leadership |
Ronaldo Florence | VP Of Engineering | Leadership |
John Gourley | Business Development Director | Leadership |
Tiffany Werdmuller | VP Brand | Leadership |
Alexey Plekhanov | Director Customer Experience | Leadership |
Max Grossman Yavorsky | Chief Customer Officer | Leadership |
Sami Eltamawy | Head Of Cybersecurity & It, Director | Leadership |
Vincent LEE | Business Development Director | Leadership |
Mike Meng | Commercial Director | Leadership |
Artem Kirilyuk | Backend .net Developer | Team |
Anton Zakharov | Engineering Lead | Team |
Andrey Pasenchuk | System Architect | Team |
Ruslan A. | Data Engineer | Team |
Mayya Malenko | Sales Lead | Team |
Андрей Метёлкин | Software Test Engineer | Team |
Alex Kondakov | Senior Software Engineer | Team |
James Grant | Business Development | Team |
4 more people are available in the full profile.
Complete people profiles for Stenn
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Stenn
4 dated milestones of Stenn across 20 years, from founding to its latest funding, stage changes and deals.
- Founded Stenn is founded.
- Funding First funding round.
- Milestone Reaches Soonicorn status.
- Funding Latest funding round, Debt – Conventional, of $200.0M.
Competitors of Stenn
Stenn has 2 listed competitors in our database, 2 of them funded. They include Demica and TuningBill.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| demica.com | 1992 | London, United Kingdom | $55M | 94 | Cloud-based supply chain financing software is provided by Demica. | |
| tuningbill.com | 2018 | London, United Kingdom | $22M | 1 | Digital bank for cross-border traders |
Detailed competitors of Stenn
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 Stenn
The website of Stenn (stenn.com) receives about 1.3K visits a month.
- Monthly visits1.3K
▼ 37.1% vs previous month
Websites whose visitors overlap most with Stenn. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tradefinanceglobal.com | 100% | 680.7K | #477,810 | View details | |
| gtreview.com | 83% | 98.5K | #415,070 | View details | |
| thepaypers.com | 70% | #291,072 | View details |
Top companies in Alternative Lending
2 companies that operate in the same segment as Stenn (Alternative Lending) in United Kingdom, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
A peer-to-peer marketplace for business loans is operated and developed. | 2010 | London, England, United Kingdom | USD 372.67 M | USD 299.61 M | 860 | |
Financial benefits platform for on-demand pay is provided to employees. | 2018 | London, England, United Kingdom | USD 133.02 M |
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Related news about Stenn
Complete news archive for Stenn
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Frequently Asked Questions about Stenn
Stenn was founded in 2003 and raised its 1st funding round 15 years after it was founded.
Stenn is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Greg Karpovsky is the CEO of Stenn, as recorded in our data. They have also founded this company.
Stenn is a funded company, having raised a total of $50M across 6 funding rounds to date.
Stenn has 38 employees.
Annual revenue of Stenn is $54.34M as on Dec 31, 2022.
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.
Stenn's top competitors include Demica and TuningBill.
Stenn offers Invoice Financing and Revenue-Based Financing.
Stenn has 5 investors. Key investors include Barclays, Natixis, Coface, Crayhill, and Centerbridge Partners.
The valuation of Stenn is $900M as of Apr 2022.
Stenn operates through Stenn International Ltd.