Stripes Growth Equity Firm: A Look at Their Portfolio and Transactions

Stripes Growth Equity Firm has a diverse portfolio of companies across various industries.

They have invested in companies such as BrightBytes, a provider of data-driven insights to education leaders.

Stripes' investment in BrightBytes highlights their focus on the education technology sector.

Their portfolio includes other notable companies like Farmstead, an online grocery shopping platform.

Stripes' investment in Farmstead demonstrates their interest in the e-commerce space.

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Stripes has a diverse portfolio with 117 investments across three funds. They've had notable deals with companies like On Running, Upwork, and Monday.com.

Some of their notable investments include A24, a leading film and television production company, and Aviron, a film and television production company. Stripes has also invested in Aviron, a company that produces films and television shows.

Here are some of Stripes' notable investments:

Stripes Group has a track record of successful investments, and a closer look at their fund histories reveals some interesting trends.

One of the most notable funds is SG Growth Partners IV, which closed on June 2, 2017, with a whopping $546.12M in funding. This fund is still open and actively investing.

Here's a breakdown of the 5 funds:

It's worth noting that the exact amounts for some of the funds are not publicly disclosed, but we can see that SG Growth Partners IV is one of the more recent and successful funds.

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Stripes has an impressive portfolio with 117 investments across three funds. Some of the notable deals include On Running, Upwork, and Monday.com.

On Running is a popular athletic shoe and sportswear company known for its innovative technology and comfortable design. Upwork provides a platform for freelancers and business owners to connect with each other and work together remotely. Monday.com is a top work management space with its all-in-one platform.

Here are some of the companies Stripes has invested in: A24AvironAxoniusBacklotCars (acquired by KAR Global)BaltoBookMyShowBoulder CareBRUNT WorkwearCarOnSaleCalifia FarmsChaosSearchCollectors UniverseConnecteamCypressDataikuDr. Barbara SturmeMarketer (acquired by Axel Springer)EmotiveEquipErewhonFabricFireblocksFlatiron Health (acquired by Roche)FlexFronteggFullStoryGimlet Media (acquired by Spotify)GlobalWebIndexGoFundMeGrubHub (IPO, 2014, NYSE: GRUB)Harvest HostsHello HeartHuntersHyperScienceIslandJust SaladKatalystKHAITEKosasLegionLevain BakeryLithicMemfaultMìLàMonday.com (IPO, 2021, NASDAQ: MNDY)NomadNovoOn Running (IPO, 2021, NYSE: ONON)Orca SecurityOysterParade (acquired by Ariela & Associates)ParadoxPleo TechnologiesPomelo CarePopUp BagelsRapidAPIRefinery29 (acquired by Vice Media)ReformationRemitly (IPO, 2021, NASDAQ: RELY)ReplicantScaleFactorSettle7th Street BurgerSiete (acquired by PepsiCo)SiftShibumi ShadeSnoozeSnykSpectro CloudSPINSStella & Chewy'sTalosTHISBOWL/FISHBOWLUdemy (IPO, 2021, NASDAQ: UDMY)Upwork (IPO, 2018, NASDAQ: UPWK)VerbitVuori

Stripes has 31 portfolio exits, with their latest exit being Rapid on November 13, 2024. Rapid was acquired by Nokia for an undisclosed valuation.

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Stripes' team members bring a wealth of experience to the table.

One notable expert is a coach and assistant to hundreds of candidates recruiting for growth equity and VC, with a background that includes being an investor at General Atlantic and an operator in the portfolio at Airbnb.

This expert's diverse background is just one example of the expertise that makes Stripes a top growth equity firm.

Our investment strategy focuses on various sectors, including Apparel/Textiles, Beverages, and Consumer Services. We're interested in companies that offer a range of products and services.

We consider several transaction types, such as Buyout, Growth Capital, and Recapitalization. These options allow us to tailor our investment approach to each unique opportunity.

Our target investment size is between 10 and 150 million USD. This range enables us to make significant investments in promising companies.

We're looking for companies with a strong potential for growth, and our investment size reflects this focus.

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Having expertise in a specific area can make all the difference in your career. This is especially true when it comes to growth stage expertise.

Coaching and assisting hundreds of candidates in recruiting for growth equity and VC is a valuable experience. This expertise can be applied to various roles, including investor positions at top firms like General Atlantic.

Being an operator in a portfolio company, such as Airbnb, provides a unique perspective on growth stage challenges. This experience can be leveraged to make informed decisions and drive growth.

Having a background in investment banking, like at Deutsche Bank, can also be beneficial in understanding the financial aspects of growth stage companies. Additionally, having an MBA from a top business school, such as Wharton, can provide a solid foundation in business principles.

Here are some examples of growth stage expertise:

Case studies are a common feature of the interview process for investment firms like Stripes, serving as a means to check your technical knowledge and communication skills.

Most case studies at Stripes and similar firms focus on financial modeling and investment recommendations.

Cold calling can also be conducted for junior roles, giving you a chance to showcase your skills in this area.

To prepare for case studies, check out our Growth Equity Interview Guide for more information.

Stripes is a growth equity firm that invests in businesses across the US and Europe.

They have invested in over 50 companies since their founding in 2016.

Stripes typically invests between $10 million to $100 million in each company.

This investment range allows them to take a significant minority stake in their portfolio companies.

They focus on industries like consumer, enterprise software, and financial services.

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Stripes has invested in 9 US states and 4 different countries. They've also invested in a variety of sectors, but internet software and services make up 37% of their investments.

The Firm's most common investment types include venture capital and growth capital, with venture capital accounting for 54% of their investments.

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In the last 3 years, Stripes has invested in 4 companies, showing a focused approach to their investments. They've also exited 2 companies, which is a relatively small number considering their investment history.

Stripes' largest disclosed exit occurred in 2024 when they sold Garza Food Ventures for $1.2B, a significant exit that highlights their ability to achieve substantial returns on investment.

Stripes has an impressive track record of transactions. They have had 31 portfolio exits, with their latest exit being Rapid on November 13, 2024. Rapid was acquired by Nokia for a valuation of $XXM.

Stripes has also made 2 acquisitions, with their latest acquisition being GoFundMe on June 18, 2015. GoFundMe's valuation at the time of acquisition was $XXM.

The firm has invested in a variety of companies, including On Running, Upwork, Monday.com, and Udemy. Udemy raised over $65 million in a Series D funding in 2015, with Stripes leading the investment.

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Stripes Group has had a remarkable track record of successful portfolio exits, with a total of 31 exits to date. This is a testament to their expertise and strategic decision-making.

One notable exit was Rapid, which was acquired by Nokia for a valuation of $XXM on November 13, 2024. This deal highlights the potential for Stripes to identify and support innovative companies that can scale and achieve significant valuations.

Rapid is not an isolated success story, as Stripes has also had exits with companies like Sandata, which was acquired by HHAeXchange for $XXM on October 3, 2024. Siete Family Foods, acquired by PepsiCo for $XXM on October 1, 2024, is another example of Stripes' ability to identify and support successful companies.

Here are some key statistics on Stripes' portfolio exits:

These statistics demonstrate Stripes' commitment to supporting and growing successful companies, and their ability to achieve significant valuations through strategic exits.

Stripes Group has made two notable acquisitions, with the most recent one being GoFundMe on June 18, 2015.

GoFundMe was acquired for an undisclosed valuation of $XXM, marking a significant investment for the company.

The acquisition of GoFundMe was a notable one, and it's interesting to see how Stripes Group has continued to grow and evolve as a result.

In fact, Stripes Group has acquired at least two companies, with the details of the second acquisition remaining private due to subscription requirements.

Here's a breakdown of the two acquisitions:

It's worth noting that the second acquisition was made for an undisclosed valuation of $XXM, and the details of the deal are not publicly available.