Deals
Stash Valued at $800 Million as LendingTree, T. Rowe Invest
- Latest funding round for financial startup totals $112 million
- Proceeds to be used to grow customers, brand awareness
Stash Investments app
Source: Stash InvestmentsThis article is for subscribers only.
New York-based investing startup Stash Investments is raising $112 million in a new round of funding led by LendingTree Inc. The round will value the company at more than $800 million, according to people familiar with the matter.
Global asset management giant T. Rowe Price Group Inc. is also coming in as a new investor, while existing backers Breyer Capital, Goodwater Capital, Greenspring Associates Inc. and Union Square Ventures increased their contributions, according to a statement Wednesday.