Fundz

Stax To Become Fintech&Apos;S Newest Unicorn With Latest Funding Round

PRIVATEMar 08, 2022

Round Type

Funding Round

United StatesSoftwareConsulting

Description

Stax, an all-in-one payments platform, today announced its latest funding raise of $245 million. Led by sibling co-founders Suneera Madhani, CEO, and Sal Rehmetullah, president, Stax celebrates this significant milestone at a time when less than three percent of venture capital goes to minorities and less than one percent of venture capital goes to businesses with women of color CEOs.

Quick answer

Stax raised an undisclosed amount in a Funding Round round, dated March 8, 2022. Stax is based in United States.

How much did Stax raise?
Stax raised an undisclosed amount in a Funding Round round on March 8, 2022.
What does Stax do?
Stax is a global strategy consulting firm specializing in commercial due diligence, value creation and exit planning for private equity firms, PE-backed companies, hedge funds and investment banks across a broad range..
Where is Stax based and how big is it?
Stax is based in United States. Fundz records about 383 employees.
Who are the decision-makers at Stax?
Fundz holds 1 contact at Stax. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Consulting and Software around the same time

Companies in the same sectors as Stax that raised within 45 days of this round, from Fundz verified event records.

  • Crusoe raised $505M (Funding Round) on April 21, 2022.
  • Diligent raised $30M (Funding Round) on April 12, 2022.
  • Ebix raised $475K (Seed) on March 22, 2022.
  • Agility Robotics raised $150M (Series B) on April 22, 2022.
  • CertiK raised $60M (Series B) on April 22, 2022.
  • Codexis raised an undisclosed amount (Corporate Round) on April 21, 2022.

Who to call at Stax, and when

A new round usually means Stax is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Stax raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Stax, from your own LinkedIn network

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Company Information

Company

Stax

Location

United States

About

Stax is a global strategy consulting firm specializing in commercial due diligence, value creation and exit planning for private equity firms, PE-backed companies, hedge funds and investment banks across a broad range of industries, including software/technology, industrials, business services, healthcare, consumer and the events ecosystem. The firm partners with clients to provide data-driven, actionable insights designed to drive growth, enhance profits, increase value and make better investment decisions.

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Fundz sees it the moment Stax raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

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Strategic

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Stax raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.