What is Stedi?
Stedi operates at the intersection of legacy infrastructure and modern software development, positioning itself as the world's only API-first clearinghouse. By bridging the gap between traditional batch EDI processes and real-time digital interfaces, the company enables healthcare technology firms and large-scale enterprises to exchange mission-critical data with unprecedented efficiency. Stedi's platform is designed to eliminate the toil associated with manual transaction processing, leveraging automation to streamline complex B2B workflows. The company's market position is bolstered by a lean, high-velocity engineering culture that prioritizes developer experience and robust infrastructure, making it an essential utility for businesses navigating the complexities of modern digital trade.
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 Bloomberg Beta, USV, First Round Capital, Stripe, Ribbit Capital, Addition Capital, and Box Group
Series C (2026): $50M supported by First Round Capital, Ribbit, Stripe, Addition, Union Square Ventures, Bloomberg Beta, and Box Group
Key Investors in Stedi
First Round Capital
First Round is an early-stage venture capital firm that helps startups tackle company building firsts, providing tailored programs and resources to founders building their first products and finding their first customers.
Stripe
Stripe is a financial technology company that develops programmable financial services, providing a comprehensive platform that enables organizations of all sizes to manage payments and financial operations.
Addition
Addition is a venture capital firm that invests in early and growth stage technology companies, dedicated to supporting visionaries in building impactful and enduring businesses.
What's next for Stedi?
With this major enterprise-level funding, Stedi is well-positioned to accelerate its product roadmap and expand its footprint within the global clearinghouse ecosystem. The company's strategic focus will likely center on scaling its infrastructure to support higher transaction volumes while deepening its integration capabilities across diverse industry verticals. By maintaining its commitment to automation and developer-centric design, Stedi is poised to capture additional market share from legacy providers, effectively setting a new standard for how mission-critical transactions are managed in the digital economy. The continued backing from top-tier venture firms suggests a long-term trajectory toward becoming the foundational layer for B2B data exchange.
See full Stedi company page
