What is Stori?
Stori is a Mexican technology firm recognized as a unicorn, dedicated to simplifying users' lives through a suite of digital products and services. The company's offerings span from savings accounts to credit cards, aiming to provide accessible and user-friendly financial solutions. Its expansion into various financial services highlights a strategic approach to capturing a significant share of the digital economy in Mexico and potentially beyond.
How much funding has Stori raised?
Stori has raised a total of $654.5M across 8 funding rounds:
Series A
$10M
Multiple Rounds
$232.5M
Other Financing Round
$150M
Debt
$50M
Debt
$107M
Private Equity
$105M
Series A (2020): $10M with participation from Vision Plus Capital, Bertelsmann Investments, and Source Code Capital
Series B (2021): $32.5M led by Bai Capital, Source Code Capital Companies, and Lightspeed Venture Partners
Series C (2021): $125M supported by GGV Capital, Goodwater Capital, GIC, General Catalyst, and Tresalia Capital
Debt (2021): $75M featuring Community Investment Management
Other Financing Round (2022): $150M backed by Davidson Kempner, Lightspeed Venture Partners, and Bai Capital
Debt (2023): $50M with participation from Community Investment Management Services
Private Equity (2024): $105M led by Notable Capital, Lightspeed Venture Partners, Bank Administration Institute, and General Catalyst
Debt (2024): $107M supported by Goldman Sachs and Davidson Kempner
Key Investors in Stori
GGV Capital
GGV Capital is a global venture firm investing in early- to growth-stage companies across social/internet, enterprise tech, and smart tech sectors. They focus on backing founders worldwide, with a portfolio including notable tech and consumer brands.
General Catalyst
General Catalyst is a venture capital firm that supports transformational business opportunities across multiple sectors and stages, partnering with entrepreneurs to accelerate growth and build enduring enterprises through strategic capital and operational expertise.
Lightspeed Venture Partners
Lightspeed Venture Partners is a global multistage venture capital firm investing in early and growth-stage technology companies across enterprise software, consumer, fintech, and infrastructure, supporting founders from seed through IPO/M&A.
What's next for Stori?
With a robust funding history, including its latest major strategic investment, Stori is well-positioned for continued expansion and innovation. The company's trajectory suggests a focus on scaling its operations, enhancing its product portfolio, and potentially exploring new markets. The consistent capital injections indicate strong investor confidence in Stori's business model and its potential for future growth in the competitive fintech landscape. Future developments are likely to center on deepening user engagement and broadening its service offerings.
See full Stori company page
