About StepEx
StepEx is a company based in London (United Kingdom) founded in 2017 by Daniel George.. StepEx has raised $1.55 million across 1 funding round from investors including Anthemis Group, Triple Point Ventures and Chris Adelsbach. The company has 6 employees as of December 31, 2020. StepEx offers products and services including Future Earnings Agreement and Payment Plans.
- Headquarter London, United Kingdom
- Employees 6 as on 31 Dec, 2020
- Founders Daniel George
- Stage Minicorn
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Stepex Lender Limited
- Date of Incorporation 24 Oct, 2018
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
$-431.72 K (USD)17as on Dec 31, 2022
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EBITDA
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Total Equity Funding
$1.55 M (USD)
in 1 rounds
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Latest Funding Round
$1.55 M (USD), Seed
May 14, 2021
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Investors
Anthemis Group
& 3 more
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Employee Count
6
as on Dec 31, 2020
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Products & Services of StepEx
StepEx offers a comprehensive portfolio of products and services, including Future Earnings Agreement and Payment Plans. 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.
Income-based repayment plan for education costs after employment.
Fixed monthly repayments for course fees without interest.
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Software Development Team
3 people
Leadership Team
1 people
Sales and Marketing
1 people
Manager Team
1 people
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Funding Insights of StepEx
StepEx has successfully raised a total of $1.55M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.55 million completed in May 2021. 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 1
- Last Round Seed — $1.5M
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First Round
First Round
(14 May 2021)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2021 | Amount | Seed - StepEx | Valuation | BBVA New Digital Businesses |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in StepEx
StepEx has secured backing from 4 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Anthemis Group, Triple Point Ventures and Chris Adelsbach. 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 |
|---|---|---|---|---|
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Early and growth-stage startups are funded by Anthemis Group.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Early-stage investments are made in B2B software companies.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by StepEx
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - StepEx
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Stepex Comparisons
Competitors of StepEx
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Stepex
Frequently Asked Questions about StepEx
When was StepEx founded?
StepEx was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is StepEx located?
StepEx is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of StepEx?
Daniel George is the current CEO of StepEx. They have also founded this company.
Is StepEx a funded company?
StepEx is a funded company, having raised a total of $1.55M across 1 funding round to date. The company's 1st funding round was a Seed of $1.55M, raised on May 14, 2021.
How many employees does StepEx have?
As of Dec 31, 2020, the latest employee count at StepEx is 6.
What does StepEx do?
StepEx was founded in 2017 in London, United Kingdom, as an online platform in the fintech sector focused on education lending. Income share agreements are provided to students, under which an agreed portion of their salary is shared for repayment. Installments are automatically debited from the students salary account. Operations center on facilitating access to funding for higher education through this model.
What products or services does StepEx offer?
StepEx offers Future Earnings Agreement and Payment Plans.
Who are StepEx's investors?
StepEx has 4 investors. Key investors include Anthemis Group, Triple Point Ventures, Chris Adelsbach, and BBVA New Digital Businesses.
What is StepEx's valuation?
The valuation of StepEx is $7.1M as of May 2021.