Former Boulder-based startup Stedi raises $50M – BizWest
Summary
Stedi raised $50.1 million in its fifth funding round after relocating from Boulder to Denver. The company builds business-to-business transaction recording software and a network of digital mailboxes for exchanging business documents. Its platform helps companies send purchase orders, invoices, and similar records quickly, even when the other party does not use Stedi. The latest round brings Stedi’s total disclosed venture funding to $72.38 million.
Funding
Amount
$50.1M
Total raised
Date
August 18, 2020
Announcement date
Investors
-
Lead investors
Company
stedi.com
Funded company
Classifications
industries
Manufacturing Industry
applications
E-Commerce & Retail
AskAI Classifications
Labels
Healthcare Software
SaaS
API Management
Linked Companies
Stedi
$10M to $25M