Tech Company Financing Transactions
Stoa Funding Round
Stoa, based in London, secured $2.4 million from Force Over Mass Capital and Fuel Ventures.
Transaction Overview
Company Name
Announced On
7/6/2026
Transaction Type
Venture Equity
Amount
$2,400,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the capital to accelerate core software product engineering, and consumer merchant onboarding campaigns, as well as to scale its localized go-to-market operations across the United Kingdom.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
52 Great Portland Street
London, W1W 7NE
UK
London, W1W 7NE
UK
Phone
Undisclosed
Website
Email Address
Overview
Stoa was founded by Mike Saraswat and Sam Goodenough, two co-founders a decade apart on the millennial spectrum but united by the same values: money should work harder for the people who earn it, whether they are consumers or businesses. Both saw the same problem. The government and banks leave consumers, startups and small businesses with almost no meaningful options for their cash balances.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Mike Saraswat
Chief Technical Officer
Sam Goodenough
VP - Bus. Development
Aida Bejgane
VP - Client Services
Joanna Restrick
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Where The Data Comes From
Our team works diligently to document 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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