Step (Palo Alto) Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 220

Employees

  • Latest Deal Type
  • Debt

  • Latest Deal Amount
  • $300M

  • Investors
  • 43

Step (Palo Alto) General Information

Description

Developer of a mobile fintech platform designed to provide financial tools for modern banking. The company's platform provides an all-in-one banking service that integrates certain key features and benefits of checking, savings, credit, and debit cards into one account and integrated with a fee-free and interest-bearing deposit account, enabling users to send and receive money instantly, shop online or in-store and leverage digital wallet platforms.

Contact Information

Website
www.step.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Other Financial Services
Other Industries
Financial Software
Corporate Office
  • 120 Hawthorne Avenue
  • Palo Alto, CA 94301
  • United States

Step (Palo Alto) Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Step (Palo Alto) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
6. Debt - General 11-Oct-2022 $300M 00000 Completed Generating Revenue
5. Later Stage VC (Series C) 27-Apr-2021 00000 00000 00000 Completed Generating Revenue
4. Early Stage VC (Series B) 02-Dec-2020 0000 000.00 00000 Completed Generating Revenue
3. Debt - PPP 13-Apr-2020 00000 000.00 Completed Generating Revenue
2. Early Stage VC (Series A) 06-Jun-2019 $22.5M $26.3M 0000 Completed Generating Revenue
1. Seed Round 01-Jun-2018 $3.78M $3.78M 00.00 Completed Generating Revenue
To view Step (Palo Alto)’s complete valuation and funding history, request access »

Step (Palo Alto) Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Seed 3,605,836 $0.000010 $0.08 $1.05 $1.05 1x $1.05 10.66%
To view Step (Palo Alto)’s complete cap table history, request access »

Step (Palo Alto) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of a mobile fintech platform designed to provide financial tools for modern banking. The company's platform pr
Other Financial Services
Palo Alto, CA
220 As of 2023
00000
000000000 00000

00000

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000000000 00000000
London, United Kingdom
0000 As of 0000
00.00
0.000 0000-00-00
00000 00000

00000

nsectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore
000000000 00000000
San Francisco, CA
0000 As of 0000
00.000
000 0000-00-00
00000000000 00.000
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Step (Palo Alto) Competitors (34)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Monzo Venture Capital-Backed London, United Kingdom 0000 00.00 00000 00000
Chime (Financial Software) Venture Capital-Backed San Francisco, CA 0000 00.000 00000000000 00.000
MoneyLion Formerly VC-backed New York, NY 000 00.000 000000000 00 00.000
Flagstone Venture Capital-Backed London, United Kingdom 000 000.00 000000 0
Satispay Venture Capital-Backed Luxembourg, Luxembourg 000 00000 00000000000 00000
You’re viewing 5 of 34 competitors. Get the full list »

Step (Palo Alto) Patents

Step (Palo Alto) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11321697-B1 Financial services platform with integrated banking, credit, and p2p capabilities Active 28-Sep-2021 000000000 00
US-4944432-A Apparatus for facilitating the filling of spray devices Inactive 05-Feb-1988 0000000000 0
US-4984712-A Dispenser for a liquid or a paste put under pressure by prior deformation of a resilient receptacle Inactive 08-Jan-1988 B65D83/0061 0

Step (Palo Alto) Executive Team (6)

Name Title Board Seat Contact Info
CJ MacDonald Co-Founder & Chief Executive Officer
George Bowen Chief Operating Officer
Alexey Kalinichenko Co-Founder & Chief Technology Officer
Hyerin Kim Controller
Kirupa Pushparaj General Counsel & Corporate Secretary
You’re viewing 5 of 6 executive team members. Get the full list »

Step (Palo Alto) Board Members (4)

Name Representing Role Since
Eric Chin Crosslink Capital Board Member 000 0000
Kyle Doherty General Catalyst Board Member 000 0000
Michael Gilroy Coatue Management Board Member 000 0000
You’re viewing 3 of 4 board members. Get the full list »

Step (Palo Alto) Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Step (Palo Alto) Investors (43)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
3cubed Ventures Venture Capital Minority 000 0000 000000 0
A-Rod Venture Capital Minority 000 0000 000000 0
Breyer Capital Venture Capital Minority 000 0000 000000 0
Franklin Templeton Asset Manager Minority 000 0000 000000 0
Franklin Venture Partners Corporate Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 43 investors. Get the full list »

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