What is Stedi?
Stedi is revolutionizing the exchange of critical business transactions by offering a unique API-first clearinghouse. This innovative approach bridges the gap between modern API interfaces and traditional EDI processes, enabling seamless data flow for businesses in the healthcare technology sector and beyond. The company's commitment to automation and eliminating operational toil, combined with its engineering prowess, positions it as a key player in streamlining complex B2B data exchange.
How much funding has Stedi raised?
Stedi has raised a total of $121M across 3 funding rounds:
Seed
$1M
Series B
$70M
Series C
$50M
Seed (2017): $1M, investors not publicly disclosed
Series B (2025): $70M led by Addition Capital, USV, Bloomberg Beta, First Round Capital, Stripe, Box Group, and Ribbit Capital
Series C (2026): $50M supported by Addition, Ribbit, Union Square Ventures, Stripe, Box Group, Bloomberg Beta, and First Round Capital
Key Investors in Stedi
Addition
Addition is a New York-based venture capital firm that invests in early and growth stage technology companies. The firm is dedicated to supporting visionaries in building impactful and enduring businesses. Addition focuses on investing in founder-led, technology-enabled companies.
Union Square Ventures
Union Square Ventures is a New York City-based venture capital firm that invests in transformative markets influenced by technological and societal changes. The firm targets a variety of sectors, focusing on innovative companies poised for growth. Their investment strategy is centered on identifying opportunities that leverage shifts in numerous industries. Union Square Ventures aims to partner with visionary entrepreneurs to help build the future.
Stripe
Stripe is a technology company that builds economic infrastructure for the internet. Businesses of every sizefrom new startups to public companiesuse our software to accept payments and manage their businesses online. Stripe combines a payments platform with applications that put revenue data at the heart of business operations. As the worlds fastest-advancing developer platform, Stripe gives businesses the tools and technology to build better. We work with financial institutions, regulators, payment networks, banks, and consumer wallets so businesses who run on Stripe dont have to.
What's next for Stedi?
With substantial enterprise-level backing and a recent strategic investment, Stedi is poised for accelerated expansion. The company's focus on modernizing transaction infrastructure suggests a strategic push into new markets and enhanced service offerings. Future developments are likely to center on further API innovation, expanding integration capabilities, and solidifying its position as the go-to platform for mission-critical data exchange, potentially targeting broader industry verticals that rely on robust and efficient transaction processing.
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