Stavtar Solutions Secures $55 Million from Elephant to Accelerate Growth and Scale Operations
Summary
Stavtar Solutions raised $55 million in a Series A round from Elephant. The company builds business spend management and expense allocation SaaS for complex firms, especially alternative asset managers. Stavtar plans to use the capital to expand product innovation, strengthen integrated payments, and grow engineering, implementation, customer success, and sales teams. The company also wants to add AI and mobile capabilities and expand into adjacent verticals.
Funding
Amount
$55.0M
Total raised
Date
August 6, 2025
Announcement date
Investors
Elephant
Lead investors
Company
stavtar.com
Funded company
Classifications
industries
Fintech & Banking
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
Financial Software
Expense Management Software
Linked Companies
Stavtar Solutions
$1M to $5M