What is FiveStars?
Founded in 2011 and headquartered in San Francisco, California, FiveStars operates within the financial services sector, offering crucial financial credits to support both small and large businesses. The company's trajectory, marked by a series of funding rounds including Seed, Series A, Series B, Series C, and Series D, indicates a strong growth phase and market validation for its business credit solutions. This sustained financial backing underscores its role in facilitating business operations and expansion through accessible financial instruments.
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 Y Combinator, Lightspeed Venture Partners, DCM Ventures, Ali Partovi, and Hadi Partovi
Series B (2014): $26M featuring Lightspeed Venture Partners, DCM Ventures, and Menlo Ventures
Series C (2016): $50M backed by HarbourVest Partners
Debt (2020): $2M with participation from PPP
Series D (2020): $52.5M led by Salt Partners, HarbourVest Partners, Lightspeed Venture Partners, DCM Ventures, and Menlo Ventures
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.
Menlo Ventures
Menlo Ventures is a Menlo Parkbased venture capital firm that raises dedicated funds and invests in early and growthstage technology companies across sectors such as enterprise software, consumer internet, fintech, infrastructure, and frontier tech, typically taking board roles and partnering with founders through multiple stages of scale.
What's next for FiveStars?
The substantial enterprise-level funding and recent strategic investment signal a pivotal moment for FiveStars. This capital infusion is expected to fuel further expansion of its credit offerings, enhance its technological infrastructure, and broaden its market reach. The company is likely to focus on scaling its operations to meet the growing demand for business financing solutions, potentially exploring new product development and strategic partnerships to solidify its position in the competitive financial services landscape. The consistent support from prominent venture capital firms suggests confidence in FiveStars' business model and its potential for continued growth and profitability.
See full FiveStars company page
