Step Overview

  • Year Founded
  • 2018

Year Founded

  • Status
  • Private

  • Employees
  • 250

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 42

Step General Information

Description

Developer of a mobile fintech platform designed to provide financial tools for modern banking. The company's platform offers an all-in-one banking service that integrates certain key features and benefits of checking, savings, credit, and debit cards into one account and integrates 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
Corporate Office
  • 120 Hawthorne Avenue
  • Palo Alto, CA 94301
  • United States
+1 (203)
Primary Industry
Other Financial Services
Other Industries
Financial Software
Vertical(s)
Mobile Commerce, FinTech
Corporate Office
  • 120 Hawthorne Avenue
  • Palo Alto, CA 94301
  • United States
+1 (203)

Step Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

Want detailed data on 3M+ companies?

What you see here scratches the surface

Request a free trial

Want to dig into this profile?

We’ll help you find what you need

Learn more

Step Valuation & Funding

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

Step Cap Table

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

VC Exit Predictor

See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.

Opportunity Score

Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.

Exit Type

Evaluates the likelihood of a successful exit for investors, and the most likely exit type.

Request a free trial

Step 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 of
Other Financial Services
Palo Alto, CA
250 As of 2023

San Francisco, CA
 

Cambridge, United Kingdom
 
Add Comparison

PitchBook’s comparison feature gives you a side-by-side look at key metrics for similar companies. Personalize which data points you want to see and create visualizations instantly.

Request a free trial

Step Competitors (36)

One of Step’s 36 competitors is Chime, a Venture Capital-Backed company based in San Francisco, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Chime Venture Capital-Backed San Francisco, CA
Money Mover Angel-Backed Cambridge, United Kingdom
MoneyLion Pending Transaction (M&A) New York, NY
Centtrip Venture Capital-Backed London, United Kingdom
Revolut Venture Capital-Backed London, United Kingdom
You’re viewing 5 of 36 competitors. Get the full list »

Step Patents

  • 4

    Total Documents Applications and Grants

  • Total Patents Families

  • 1

    Granted

  • Pending

  • Expiring in next 12 mo

Step Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240095694-A1 Dynamically guiding users to request valid payments Inactive 21-Sep-2022
US-11321697-B1 Financial services platform with integrated banking, credit, and p2p capabilities Active 28-Sep-2021
US-4944432-A Apparatus for facilitating the filling of spray devices Inactive 05-Feb-1988
US-4984712-A Dispenser for a liquid or a paste put under pressure by prior deformation of a resilient receptacle Inactive 08-Jan-1988 B65D83/7711

Step Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach.

Request a free trial

Step Investors (42)

Investor Name Investor Type Holding Investor Since Participating Rounds
3cubed Ventures Venture Capital Minority
A-Rod Asset Manager Minority
Breyer Capital Venture Capital Minority
Franklin Templeton (San Mateo) Asset Manager Minority
Franklin Venture Partners Venture Capital Minority
You’re viewing 5 of 42 investors. Get the full list »

Ready to get started?

Request a free trial

Step FAQs

  • When was Step founded?

    Step was founded in 2018.

  • Where is Step headquartered?

    Step is headquartered in Palo Alto, CA.

  • What is the size of Step?

    Step has 250 total employees.

  • What industry is Step in?

    Step’s primary industry is Other Financial Services.

  • Is Step a private or public company?

    Step is a Private company.

  • What is Step’s current revenue?

    The current revenue for Step is .

  • How much funding has Step raised over time?

    Step has raised $176M.

  • Who are Step’s investors?

    3cubed Ventures, A-Rod, Breyer Capital, Franklin Templeton (San Mateo), and Franklin Venture Partners are 5 of 42 investors who have invested in Step.

  • Who are Step’s competitors?

    Chime, Money Mover, MoneyLion, Centtrip, and Revolut are some of the 36 competitors of Step.

Data Transparency

  • Meet our data hygiene team

    Discover how our experts ensure you’re getting the most accurate financial data in the industry.

    Read blog »

  • How PitchBook sources data

    Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.

    Discover our process »