What is FiveStars?
FiveStars operates within the financial services sector, providing essential financial credits tailored for both small and large businesses. Since its inception in 2011, the company has focused on facilitating access to capital for its clientele. Its strategic location in San Francisco, a hub for technological and financial innovation, positions it advantageously within the competitive landscape. The company's trajectory suggests a robust business model designed to meet the diverse financial needs of the modern enterprise.
How much funding has FiveStars raised?
FiveStars has raised a total of $147.2M across 7 funding rounds:
Other Financing Round
$150K
Angel/Seed
$2M
Series A
$14.5M
Series B
$26M
Series C
$50M
Debt
$2M
Series D
$52.5M
Other Financing Round (2011): $150K with participation from Y Combinator
Angel/Seed (2011): $2M led by Undisclosed
Series A (2012): $14.5M supported by Lightspeed Venture Partners, DCM Ventures, Ali Partovi, Hadi Partovi, and Y Combinator
Series B (2014): $26M featuring Lightspeed Venture Partners, DCM Ventures, and Menlo Ventures
Series C (2016): $50M backed by HarbourVest
Debt (2020): $2M with participation from PPP
Series D (2020): $52.5M led by Lightspeed Venture Partners, DCM Ventures, Menlo Ventures, HarbourVest, and Salt Partners
Key Investors in FiveStars
Lightspeed Venture Partners
Lightspeed Venture Partners (lsvp.com) is a global multistage venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer, fintech, and infrastructure, partnering with founders from seed through IPO/M&A.
DCM Ventures
Digital Cinema Media (DCM) is the market leader in cinema advertising, providing a range of services including campaign planning, production, and audience insights. They cater to brands looking to enhance their advertising strategies through the power of cinema, offering tools like the KPI Maximiser and DCM Campaign Planner. DCM also collaborates with various cinema partners to showcase successful case studies and maximize brand value perception. Their offerings are designed to help clients effectively reach and engage with diverse film audiences.
HarbourVest
HarbourVest Partners provides clients with private markets investment solutions through fund investing, secondary, and direct co-investments, as well as commingled funds or separately managed accounts. HarbourVest is headquartered out of Boston, Massachusetts.
What's next for FiveStars?
The recent major strategic investment in FiveStars signals a pivotal moment for the company, likely indicating a move towards scaling operations, expanding its service offerings, or entering new markets. Given its history of securing substantial capital, from early-stage seed funding to later-stage rounds like Series C and D, FiveStars appears to be in a growth phase that requires significant financial backing to fuel its expansion. This latest infusion of capital is expected to bolster its competitive edge and support its long-term strategic objectives in the financial services industry.
See full FiveStars company page
