Stripe has raised a $6.5B funding round to complete tax obligations regarding employee equity awards.
The funding was raised at a $50B valuation.
- Stripe is a fintech company that enables businesses of all sizes to accept payments on the internet.
- Some of its clients are:
- Amazon,
- Ford,
- Salesforce,
- BMW,
- OpenAI, etc.
- The
funds raised will be used to provide liquidity to current and former
employees so that the company can complete tax obligations related to
equity awards.
- The company claims that it does not need this capital to continue operating.
- This
funding round was led by investors such as Andreessen Horowitz, Goldman
Sachs, Founders Fund, Thrive Capital, Baillie Gifford, General
Catalyst, MSD Partners, GIC, and Temasek.
- Stripe was valued at $95B in 2022.
- The company's main offices are in San Francisco and Ireland.
