Stripes: New York growth equity firm investing in software and consumer companies
Stripes (formerly Stripes Group) is a New York-based growth equity firm that partners with founders building products in the software and consumer markets. Its software practice invests in horizontal and vertical software platforms serving customers from SMB to enterprise, and the firm says it invests globally in companies with "amazing products for consumers and businesses" and helps them scale.
Stripes backs its companies with an in-house Scale team covering go-to-market, talent and executive recruiting, finance and capital markets, operations and research, plus a network of more than 70 advisors and council members. Software rounds it has led include Sift's $53 million Series D (March 2018), HyperScience's $30 million Series B (January 2019), Balto's $37.5 million Series B (August 2021) and Replicant's $78 million Series B (April 2022).
Current enterprise holdings listed on its site include Axonius, Balto, ChaosSearch, Databricks, Dataiku, HyperScience, Island, Lithic, Novo, Ramp, Replicant, Sift, Snyk, Spectro Cloud and Verbit; consumer holdings include Erewhon, Vuori and Khaite. Past investments include Monday.com, Udemy, Upwork, GrubHub, Flatiron Health and On.
HyperScience, "NYC-based HyperScience raises $30 million...", PR Newswire, January 17, 2019