Stellar Raises $20M In Series B Funding, Propelling Its Position As A Leading Proptech
Amount Raised
$20 Million
Round Type
Series B
HoustonFinancial ServicesSoftwareLendingNon ProfitFamilyInvestors
Description
Stellar, a venture-backed technology-driven marketplace which solves maintenance at scale for the Single-Family Rental (SFR) market, announced today $20M in Series B growth equity financing. The funding round was led by new investor Weatherford Capital and was also supported by existing investors Brick & Mortar Ventures, S3 Ventures, Alerion Ventures, and Navigate Ventures. This round brings the company’s total venture capital to $35M and will be used to enhance the company’s technology and platform, invest in new talent, and expand into additional U.S. markets.
Quick answer
Stellar raised $20 Million in a Series B round, dated December 1, 2022. Investors: Navigate Ventures, Alerion Ventures, S3 Ventures, Brick & Mortar Ventures and Weatherford Capital. Stellar is based in Houston, Texas, United States.
- How much did Stellar raise?
- Stellar raised $20 Million in a Series B round on December 1, 2022.
- Who invested in Stellar?
- Navigate Ventures, Alerion Ventures, S3 Ventures, Brick & Mortar Ventures and Weatherford Capital are named as investors in this round.
- What does Stellar do?
- Founded in 2016, Stellar is a technology-driven marketplace that enables property managers and contractors to successfully resolve home maintenance issues, giving residents peace of mind.
- Where is Stellar based and how big is it?
- Stellar is based in Houston, Texas, United States. Fundz records about 214 employees.
- Who are the decision-makers at Stellar?
- Fundz holds 1 contact at Stellar, including the Chief Executive Officer/Executive Director. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Financial Services and Lending around the same time
Companies in the same sectors as Stellar that raised within 45 days of this round, from Fundz verified event records.
- Navan raised $400M (Debt Financing) on December 8, 2022.
- Bitwave raised $15M (Series A) on December 6, 2022.
- Ramani raised $32M (Funding Round) on November 23, 2022.
- Blackthorn raised an undisclosed amount (Funding Round) on November 17, 2022.
- Regional Management raised $200M (Funding Round) on October 20, 2022.
- Monarch raised $1M (Seed) on January 13, 2023.
Who to call at Stellar, and when
A new round usually means Stellar is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Stellar raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Stellar, from your own LinkedIn network
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Funding Insights
What this usually meansStellar 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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