We’ve raised $25 million USD in Series D funding

25 April 2021

Sequoia Capital India led the funding round.

We recently closed our Series D fundraising round: $25 million USD led by Sequoia Capital India with existing backers including Eight Roads Ventures and Square Peg.

Sequoia Capital India is one of the world’s leading venture capital firms and was an early investor in companies including Carousell, Gojek, OYO Rooms, Tokopedia, and Zomato. 

Eight Roads, the proprietary investment arm of Fidelity International, was one of the earliest investors in Alibaba; and Square Peg is the largest venture capital fund in Australia.

What does this mean for you?

We have the confidence of major investors

Investors trust that we’ve taken the right steps in making it easy for anyone to plan, save, and invest. They also trust that we’ll make this experience even better. To date, we’ve outpaced the market with our intuitive mobile app, sophisticated investing framework, and free education resources.

We’ll accelerate our product and feature developments

You can expect even more tools to help you manage your wealth, an enhanced experience on our platform, and more personal finance tips to guide you in your financial planning. 

On behalf of the StashAway team, I’m happy to share this news, as this fundraising really fast-tracks our efforts to provide for all of your wealth management needs in one place. We’ll keep you updated on what’s to come, so stay tuned! 

Michele FerrarioCo-Founder, Chief Executive Officer, 16 years experience in the financial industry and in consumer internet
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StashAway Management (DIFC) Limited is regulated by the DFSA (license number F006312) for the provision of arranging custody, arranging deals in investments, advising on financial products, and managing assets, with a retail endorsement.

StashAway Management (DIFC) Limited (registration number CL 3982) is established in the DIFC pursuant to the DIFC Companies Law. Its registered address is Unit 1301, Level 13, Emirates Financial Towers, P.O. Box 507051, Dubai International Financial Centre, Dubai, United Arab Emirates.

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