Stripe Raises Over $6.5 Billion at $50B Valuation
Summary
Stripe, a San Francisco, CA and Dublin, Ireland-based company building economic infrastructure for the internet, announced a Series I fundraise of more than $6.5 billion (€6.15 billion) at a $50B (€47B) valuation. Primary investors include existing Stripe shareholders—Andreessen Horowitz, Baillie Gifford, Founders Fund, General Catalyst, MSD Partners, and Thrive Capital—as well as new investors including GIC, Goldman Sachs Asset and Wealth Management, and Temasek. The funds raised will be used to provide liquidity to current and former employees and address employee withholding tax obligations related to equity awards, resulting in the retirement of Stripe shares that will offset the issuance of new shares to Series I investors. Enterprise user base now includes some of the largest global enterprises like Amazon, Ford, Salesforce, BMW, Maersk, as well as OpenAI, Anthropic, Midjourney, Copy.ai, CoreWeave, and a long list of others. The company also has offices in London, Paris, Singapore, Tokyo, and more.