Tech Company Financing Transactions

Step Mobile Funding Round

Step Mobile closed a $100 million Series C funding round on 4/28/2021. Investors included General Catalyst Partners, Coatue Management and Franklin Templeton.

Transaction Overview

Company Name
Announced On
4/28/2021
Transaction Type
Venture Equity
Amount
$100,000,000
Round
Series C
Investors

General Catalyst Partners (Lead Investor) (Kyle Doherty)

Coatue Management (Michael Gilroy)

Franklin Templeton

private investors (Charli D'Amelio)

private investors (Jared Leto)

private investors (Jeffrey Katzenberg)

private investors (Stephen Curry)

private investors (William Smith)

Stripe (Jordan Angelos)

The Chainsmokers

Proceeds Purpose
With this new round of funding, Step plans to accelerate investment in product infrastructure, building innovative products and features that help teens budget and save in a more intuitive way.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
400 Concar Dr.
San Mateo, CA 94402
USA
Phone
Undisclosed
Email Address
Overview
Step is the next generation financial services company building the best banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age. Step is founded by a team with 50+ years in combined financial technology experience.
Profile
Step Mobile LinkedIn Company Profile
Social Media
Step Mobile Company Twitter Account
Company News
Step Mobile News
Facebook
Step Mobile on Facebook
YouTube
Step Mobile on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
CJ MacDonald
  CJ MacDonald LinkedIn Profile  CJ MacDonald Twitter Account  CJ MacDonald News  CJ MacDonald on Facebook
Chief Technical Officer
Alexey Kalinichenko
  Alexey Kalinichenko LinkedIn Profile  Alexey Kalinichenko Twitter Account  Alexey Kalinichenko News  Alexey Kalinichenko on Facebook


 

 

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About Our Venture Capital Transactions Database

We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.

 


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