Stash Raises $37.5 Million

Fintech company Stash today announced it has raised $37.5 million in Series D funding. The round was led by Union Square Ventures, and it included existing investors Breyer Capital, Coatue Management, Entree Capital, Goodwater Capital and Valar Ventures.

Stash is on a mission to provide Americans with the education, tools and guidance needed to unlock financial opportunity. The company plans to simplify and optimize the way customers spend, save and invest their money. Clients of the Invest suite of products can choose from a selection of more than 40 curated ETFs to build personalized portfolios that reflect their investing interests and beliefs, as well as savings goals. Stash is based in New York City and was started in October, 2015, by Wall Street veterans Brandon Krieg and Ed Robinson.