What is Stake?
Stake Network Inc. operates a sophisticated fintech platform designed to modernize the rental market. By integrating cashback rewards and financial management tools directly into the rent payment process, the company addresses the financial wellbeing of renters while simultaneously providing property managers with robust tools for leasing and tenant retention. This dual-sided approach creates a symbiotic ecosystem that enhances the value of rental payments, effectively turning a recurring expense into a vehicle for savings and financial health. As a key player in the rent-tech space, Stake is redefining how individuals interact with their largest monthly living expense.
How much funding has Stake raised?
Stake has raised a total of $20.1M across 3 funding rounds:
Debt
$56K
Series A
$12M
Debt
$8M
Debt (2021): $56K with participation from PPP
Series A (2022): $12M led by RET Ventures, Hometeam Ventures, and Enterprise Community Partners
Debt (2026): $8M supported by Blue Field Capital, RET Ventures, Hamilton Ventures, Hub Angel Investment Group Fund V, Lago Innovation Fund, and Gaingels
Key Investors in Stake
RET Ventures
A leading real estate technology investment firm, RET Ventures is the first industry-backed early-stage venture fund to strategically focus on helping build cutting-edge rent tech for multifamily and single-family rental real estate.
Hamilton Ventures
Hamilton Ventures is a seed-stage venture capital firm focused on proptech, comprised of former real estate executives, entrepreneurs, and financiers who provide strategic advice and capital to founders.
Gaingels
Gaingels is a prominent investment syndicate representing the LGBTQ community and allies, providing capital and board recruitment advisory to high-growth companies across various sectors.
What's next for Stake?
With the recent infusion of capital, Stake is poised to scale its operations and deepen its market penetration. The strategic focus will likely center on expanding its network of property partners and enhancing its suite of financial services to drive higher user engagement. By leveraging its current momentum, the company is set to solidify its position as a leader in the proptech industry, potentially exploring new avenues for financial inclusion and data-driven insights that benefit both the renter and the landlord. The firm's ability to maintain its growth trajectory will be critical as it navigates the complexities of the evolving real estate technology market.
See full Stake company page
