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Stackin

Stackin

Stackin is a text message-based financial wellbeing platform.

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Contents

OverviewTimelineTable: Funding RoundsTable: ProductsTable: AcquisitionsTable: SBIR/STTR AwardsTable: PatentsTable: Further ResourcesReferences
stackin.com
startstackin.com
Is a
Organization
Organization
Company
Company

Company attributes

Industry
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Financial services
Financial services
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Technology
Technology
Finance
Finance
Solution Analysts
Solution Analysts
Financial technology
Financial technology
Location
United States
United States
Los Angeles
Los Angeles
CEO
Scott Grimes (entrepreneur)
Scott Grimes (entrepreneur)
Founder
Scott Grimes (entrepreneur)
Scott Grimes (entrepreneur)
Kyle Arbaugh
Kyle Arbaugh
AngelList URL
angel.co/stackin
Pitchbook URL
pitchbook.com/profiles...180410-50
Accelerator
Techstars
Techstars
Accelerator Batch
‌
Techstars Class 107 - Los Angeles 2017 Q3
Number of Employees (Ranges)
11 – 505
Email Address
hey@stackin.com
Full Address
214A Main Street Venice Los Angeles, CA 90291 United States
Investors
Noveus Capital
Noveus Capital
Riverside Ventures
Riverside Ventures
Diego Berdakin
Diego Berdakin
Mucker Capital
Mucker Capital
Dig Ventures
Dig Ventures
4
DigVentures
DigVentures
Experian
Experian
Wavemaker Partners
Wavemaker Partners
...
Founded Date
2017
Total Funding Amount (USD)
20,600,000
Latest Funding Round Date
May 28, 2020
Competitors
Moneon
Moneon
Stash (company)
Stash (company)
Acorns (finance)
Acorns (finance)
Kindur
Kindur
Latest Funding Type
Series B
Series B
Wellfound ID
stackin
Country
United States
United States

Other attributes

Blog
stackin.com/blog
Company Operating Status
Active
Funding Round Investor
500 Global
500 Global
Latest Funding Round Amount (USD)
12,600,000
Overview

Stackin' is a text message-based financial wellbeing platform designed for millennials and generation Z that participated in Class 107 - Los Angeles 2017 Q3 cohort of Techstars and raised an estimated $2,750,000. The platform offers users financial and investment tips through intelligent personalized text messaging.

In July of 2019, the company reported having over 500,000 unique users that were leveraging the platform to save money, through automation, and begin investing. Additionally, in 2019, Stackin' introduced its Stackin' Cash high-interest checking account where account owners received 1% interest APY on the full deposit balance in partnership with Radius Bank. However, in mid-2020, Stackin' dissolved its relationship with Radius Bank to focus on its new investing platform. The company's CEO stated in an interview that "as a referral product, we don’t even want the appearance that we’re trying to compete with the neo-banking space."

An official promotional video from Stackin'

Stackin', in addition to text messages, sends out videos and other forms of media to offer financial advice to its users. In early 2020, the platform reported having over 1,000,000 users with 500,000 of the users actively using the product. The company continues to make recurring revenue by suggesting fintech products that are related to the user's end goal. For example, if a user is generated from an advertisement about investing, that user will receive investing tips for the first few months of enrollment before the application starts sending more general financial advice.

Timeline

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Funding Rounds

Products

Acquisitions

SBIR/STTR Awards

Patents

Further Resources

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Author
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References

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