Tech Company Financing Transactions

Stake Funding Round

Stake, based in Seattle, received $12 million in investment from Real Estate Technology Ventures, Hometeam Ventures and Olive Tree Ventures.

Transaction Overview

Company Name
Announced On
6/30/2022
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Series A
Proceeds Purpose
The new funding round will enable Stake to continue building out its financial infrastructure and suite of solutions that address difficult issues for renters and property owners alike.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
1914 N 34th St 200A
Seattle, WA 98103
USA
Email Address
Overview
Stake is on a Mission to Accelerate renter wealth. More housing supply alone isn't enough. We believe every home needs embedded financial empowerment so renters can build savings, not just pay rent. Stake starts with this simple idea and uses the most powerful incentive to achieve it: Cash Back. Never any gimmicks. Never any points. Cash just works--and that's what makes moving, paying rent and saving with us so powerful.
Profile
Stake LinkedIn Company Profile
Social Media
Stake Company Twitter Account
Company News
Stake News
Facebook
Stake on Facebook
YouTube
Stake on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Rowland Hobbs
  Rowland Hobbs LinkedIn Profile  Rowland Hobbs Twitter Account  Rowland Hobbs News  Rowland Hobbs on Facebook
Chief Operating Officer
Liam Hect
  Liam Hect LinkedIn Profile  Liam Hect Twitter Account  Liam Hect News  Liam Hect on Facebook
General Manager
Mark Finney
  Mark Finney LinkedIn Profile  Mark Finney Twitter Account  Mark Finney News  Mark Finney on Facebook
VP - General Counsel
Jay Panzarella
  Jay Panzarella LinkedIn Profile  Jay Panzarella Twitter Account  Jay Panzarella News  Jay Panzarella on Facebook
VP - Product Management
Jimmy Jacobson
  Jimmy Jacobson LinkedIn Profile  Jimmy Jacobson Twitter Account  Jimmy Jacobson News  Jimmy Jacobson on Facebook
VP - Regulatory Affairs
Leslie Hyman
  Leslie Hyman LinkedIn Profile  Leslie Hyman Twitter Account  Leslie Hyman News  Leslie Hyman on Facebook


 

 

Browse more venture capital transactions:

Prev: 6/30/2022: GetVantage venture capital transaction
Next: 6/30/2022: Neomoon venture capital transaction

 

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Where The Data Comes From

We record every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.

 


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