Staax

company

About

Staax is a social investment platform, which enables peer-to-peer payments in fractional shares of stock.

Details

Last Funding Type
Pre-seed
Last Funding Money Raised
$1.80M
Industries
Cryptocurrency,Financial Services,FinTech,Payments
Founded date
Jul 1, 2021
Number Of Employee
1 - 10
Operating Status
Active
Legal Name
Staax, Inc.

At Staax, we’re building a social and wealth-generating payment system, which makes investing in stocks as easy as receiving payment from your friends. Our users are able to get paid back by turning their $10 for coffee into AAPL stock, instantly. We’re changing the way consumers access the stock market to allow the everyday person to build long term wealth, in a way they couldn't before. We embed investing into lifestyle, making every transaction a piece of a long-term wealth goal.

Our founding team has consulting, finance, web3, and engineering experience at companies like McKinsey & Co., KKR, The White House, Goldman Sachs, Morgan Stanley and Coinbase, and we believe we are the team to solve this problem, especially since we are our own demographic.

In the last year since we began, we've raised funding from Western Union, Techstars, Harlem Capital, Lightspeed, Hustle Fund, and Plug and Play.

Micro-transactions are the future of investing! Join us on this journey as we reimagine the way payments are done for millions of people.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$1.92M
Staax has raised a total of $1.92M in funding over 2 rounds. Their latest funding was raised on Nov 5, 2021 from a Pre-seed round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Nov 5, 2021 Pre-seed $1.80M 5 Harlem Capital Partners Detail
Jul 18, 2021 Funding Round $120K 1 Techstars Detail

Investors

Number of Lead Investors
Number of Investors
2
6
Staax is funded by 6 investors. Harlem Capital Partners and Techstars are the most recent investors.
Investor Name Lead Investor Funding Round
Harlem Capital Partners Yes Pre-seed
Techstars Yes Funding Round
Helen Min Pre-seed
Hustle Fund Pre-seed
Lightspeed Venture Partners Pre-seed
Plug and Play Pre-seed

Employee Profiles

Number of Employee Profiles
2
Staax has 2 current employee profiles, including Executive Nikki Varanasi
Executive
Executive