Stem (Financial Software) Overview
- Year Founded
-
2015
- Status
-
Private
- Employees
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67
- Latest Deal Type
-
General Corporate Purpose
- Latest Deal Amount
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$250M
- Investors
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43
Stem (Financial Software) General Information
Description
Operator of a music distribution and payments platform intended to simplify the music industry for artists and their teams. The company's platform allows artists to distribute their music to all major streaming platforms, get paid directly and on time and track their performance data in one place, enabling artists to obtain a variety of tools to manage their careers, including royalty splits, advances and marketing support.
Contact Information
Website
www.stem.isCorporate Office
- 743 North Fairfax Avenue
- Los Angeles, CA 90046
- United States
Corporate Office
- 743 North Fairfax Avenue
- Los Angeles, CA 90046
- United States
Stem (Financial Software) Timeline
Stem (Financial Software) Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
6. General Corporate Purpose | 12-Jul-2023 | $250M | 000.00 | Completed | Generating Revenue | |
5. Later Stage VC | 01-Sep-2022 | 000.00 | Completed | Generating Revenue | ||
4. Later Stage VC (Series 2) | 14-Jan-2022 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
3. Later Stage VC (Series 1) | 12-May-2020 | 0000 | 000.00 | 0000 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 30-Oct-2017 | $8M | $12.5M | 000.00 | Completed | Generating Revenue |
1. Seed Round | 26-Apr-2016 | $4.5M | $4.5M | 000.00 | Completed | Product In Beta Test |
Stem (Financial Software) Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series 2 | 00,000,000 | 00.000000 | 00.00 | 00.00 | 00 | 00.00 | 00.000 | |
Series 1 Prime | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
Series 1 | 21,859,341 | $0.000100 | $0.02 | $0.25 | $0.25 | 1x | $0.25 | 26.53% |
Seed | 3,291,086 | $0.000100 | $0.07 | $1.22 | $1.22 | 1x | $1.22 | 4% |
Stem (Financial Software) Comparisons
Industry
Financing
Details
Stem (Financial Software) Competitors (10)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Sentric Music | Formerly VC-backed | Liverpool, United Kingdom | 00 | 00.000 | 000000&0 | |
Songtradr | Venture Capital-Backed | Santa Monica, CA | 000 | 00000 | 00000000000 | 00000 |
Revelator | Private Equity-Backed | Los Angeles, CA | 00 | 00.00 | 00 000000 | 00.00 |
Cinq Music Group | Venture Capital-Backed | Marina del Rey, CA | 00 | 00000 | 0000000000 0 | 00000 |
Songtrust | Corporation | New York, NY | 00 | 000000000 - |
Stem (Financial Software) Executive Team (6)
Name | Title | Board Seat |
---|---|---|
Milana Lewis | Co-Founder, Chief Executive Officer, Board Member & Digital Media Agent | |
Brendan Kao JD | President & Chief Product Officer | |
Kristin Graziani | President |
Stem (Financial Software) Board Members (12)
Name | Representing | Role | Since |
---|---|---|---|
Aditi Maliwal | Upfront Ventures | Board Member | 000 0000 |
Frank Rotman | QED Investors | Board Member | 000 0000 |
Jennifer Fonstad | Aspect Ventures | Board Member | 000 0000 |
Michael Vaughan | Self | Board Member | 000 0000 |
Milana Lewis | Stem (Financial Software) | Co-Founder, Chief Executive Officer, Board Member & Digital Media Agent | 000 0000 |
Stem (Financial Software) Signals
Stem (Financial Software) Investors (43)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Fourward Ventures | Venture Capital | Minority | 000 0000 | 000000 0 |
Block | Corporation | Minority | 000 0000 | 000000 0 |
Gary Vaynerchuk | Angel (individual) | Minority | 000 0000 | 000000 0 |
QED Investors | Venture Capital | Minority | 000 0000 | 000000 0 |
Quality Control Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 |
Stem (Financial Software) FAQs
-
When was Stem (Financial Software) founded?
Stem (Financial Software) was founded in 2015.
-
Who is the founder of Stem (Financial Software)?
Milana Lewis, Jovin Cronin-Wilesmith, and Tim Luckow are the founders of Stem (Financial Software).
-
Who is the CEO of Stem (Financial Software)?
Milana Lewis is the CEO of Stem (Financial Software).
-
Where is Stem (Financial Software) headquartered?
Stem (Financial Software) is headquartered in Los Angeles, CA.
-
What is the size of Stem (Financial Software)?
Stem (Financial Software) has 67 total employees.
-
What industry is Stem (Financial Software) in?
Stem (Financial Software)’s primary industry is Financial Software.
-
Is Stem (Financial Software) a private or public company?
Stem (Financial Software) is a Private company.
-
What is Stem (Financial Software)’s current revenue?
The current revenue for Stem (Financial Software) is 000000.
-
How much funding has Stem (Financial Software) raised over time?
Stem (Financial Software) has raised $42.5M.
-
Who are Stem (Financial Software)’s investors?
Fourward Ventures, Block, Gary Vaynerchuk, QED Investors, and Quality Control Ventures are 5 of 43 investors who have invested in Stem (Financial Software).
-
Who are Stem (Financial Software)’s competitors?
Sentric Music, Songtradr, Revelator, Cinq Music Group, and Songtrust are some of the 10 competitors of Stem (Financial Software).
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