About StrideUp
StrideUp is a company based in London (United Kingdom) founded in 2016 by Sakeeb Zaman and Rohan Trivedi.. StrideUp has raised $2.34 million across 3 funding rounds from investors including Picus Capital. The company has 5 employees as of December 31, 2020. StrideUp offers products and services including Home Purchase Plan and Buy To Let Purchase Plan. StrideUp operates in a competitive market with competitors including Trussle, Tembo Money, Generation Home, Mojo Mortgages and Kensington Mortgages, among others.
- Headquarter London, United Kingdom
- Employees 5 as on 31 Dec, 2020
- Founders Sakeeb Zaman, Rohan Trivedi
- 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 Seven Summits Financial Limited
- Date of Incorporation 02 Feb, 2016
- Jurisdiction LONDON, UNITED KINGDOM
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2.34 M (USD)
in 3 rounds
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Latest Funding Round
$202.9 K (USD), Seed
May 04, 2018
- Investors
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Employee Count
5
as on Dec 31, 2020
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Products & Services of StrideUp
StrideUp offers a comprehensive portfolio of products and services, including Home Purchase Plan and Buy To Let Purchase Plan. 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.
Sharia-compliant plan for ethical home buying and refinancing
Sharia-compliant option for becoming a landlord
Unlock access to complete
Funding Insights of StrideUp
StrideUp has successfully raised a total of $2.34M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $202.9 thousand completed in May 2018. 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 3
- Last Round Seed — $202,900
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First Round
First Round
(28 Nov 2017)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2018 | Amount | Seed - StrideUp | Valuation |
investors |
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| Nov, 2017 | Amount | Debt – Conventional - StrideUp | Valuation |
investors |
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| Nov, 2017 | Amount | Seed - StrideUp | Valuation | Picus Capital |
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| 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 StrideUp
StrideUp has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Picus Capital. 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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Venture capital firm focused on early stage healthcare, renewable energy, real estate, finance, and multiple businesses
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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 StrideUp
| 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 - StrideUp
| 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 |
Strideup Comparisons
Competitors of StrideUp
StrideUp 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 Trussle, Tembo Money, Generation Home, Mojo Mortgages and Kensington Mortgages, 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 |
Mortgage advice is offered online to buyers and homeowners.
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| domain | founded_year | HQ Location |
Residential mortgage loans are facilitated through an online marketplace.
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| domain | founded_year | HQ Location |
Mortgage loans are provided by Generation Home in the UK.
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| domain | founded_year | HQ Location |
Residential mortgage loans are matched via an online marketplace platform.
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| domain | founded_year | HQ Location |
Residential mortgage loans are facilitated via an online platform.
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| domain | founded_year | HQ Location |
Home loans are provided to customers in the United Kingdom.
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| 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 Strideup
Frequently Asked Questions about StrideUp
When was StrideUp founded?
StrideUp was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is StrideUp located?
StrideUp is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Who is the current CEO of StrideUp?
Sakeeb Zaman is the current CEO of StrideUp. They have also founded this company.
Is StrideUp a funded company?
StrideUp is a funded company, having raised a total of $2.34M across 3 funding rounds to date.
How many employees does StrideUp have?
As of Dec 31, 2020, the latest employee count at StrideUp is 5.
What does StrideUp do?
StrideUp was founded in 2016 in London, United Kingdom, operating in the fintech sector focused on residential mortgages. An online platform is provided where users submit financial details and select properties. A larger property share is purchased by the company, with customers acquiring a smaller share and receiving all documents and pricing information. Monthly installments are paid by users to gradually achieve full ownership over time.
Who are the top competitors of StrideUp?
StrideUp's top competitors include Trussle, Generation Home and Mojo Mortgages.
What products or services does StrideUp offer?
StrideUp offers Home Purchase Plan and Buy To Let Purchase Plan.
Who are StrideUp's investors?
StrideUp has 1 investor. Key investors include Picus Capital.
What is StrideUp's valuation?
The valuation of StrideUp is $8.19M as of May 2018.