What is Stoke?
Stoke operates as a dynamic on-demand talent management platform designed to provide organizations with enhanced control, transparency, and simplicity. By offering access to a diverse and extensive talent pool, Stoke empowers businesses to remain agile and adaptive, enabling them to capitalize on emerging business opportunities. The platform aims to streamline the complexities of talent management, ensuring companies can efficiently scale their workforce to meet evolving demands.
How much funding has Stoke raised?
Stoke has raised a total of $93.2M across 8 funding rounds:
Series A
$10M
Series B
$20M
Series C
$20M
Series D
$15M
Series E
$17M
Unspecified
$3.5M
Unspecified
$5M
Private Equity
$2.7M
Series A (2004): $10M, investors not publicly disclosed
Series B (2005): $20M led by Kleiner Perkins Caufield & Byers, The Pilot House Ventures, Presidio STX, Integral Capital Partners, and Steamboat Ventures
Series C (2007): $20M supported by DAG Ventures
Series D (2009): $15M featuring Steamboat Ventures, Kleiner Perkins Caufield & Byers, Reliance Technology Ventures, and Net One Systems
Series E (2010): $17M backed by Steamboat Ventures, DAG Ventures, Kleiner Perkins Caufield & Byers, Integral Capital Partners, Focus Ventures, DoCoMo Capital, Net One Systems, Mobile Internet Capital, and The Pilot House Ventures
Unspecified (2012): $3.5M with participation from Keating Capital
Unspecified (2012): $5M led by Samsung Ventures
Private Equity (2014): $2.7M supported by Kleiner Perkins Caufield & Byers, Pilot House Ventures Group, LLC, and DAG Ventures
Key Investors in Stoke
Kleiner Perkins Caufield & Byers
Kleiner Perkins is a prominent venture capital firm based in Menlo Park, specializing in early and growth-stage technology and life science companies. They provide capital and operational support from seed through IPO or acquisition.
Steamboat Ventures
Steamboat Ventures, established in 2000, focuses on investing in early to growth-stage companies within the technology, media, and consumer sectors, aiming to help them become market leaders.
DAG Ventures
DAG Ventures is a mid-stage venture capital partnership that supports entrepreneurs and early-stage VCs, emphasizing a service-oriented approach to foster innovation and growth in the technology industry.
What's next for Stoke?
With the recent infusion of $2.7M in strategic capital, Stoke is poised for accelerated expansion and further development of its talent management solutions. This significant backing, part of its overall $93.2M in funding, suggests a focus on scaling operations, enhancing platform capabilities, and potentially broadening its market reach. The company's trajectory indicates a strong emphasis on solidifying its position as a leader in the on-demand talent sector, likely through strategic partnerships and technological advancements.
See full Stoke company page
