Stash Secures $146M Series H to Enhance AI Financial Guidance
Stash has secured $146 million in a Series H funding round led by Goodwater Capital, with participation from Union Square Ventures, StepStone Group, Serengeti, and the University of Illinois Foundation, as well as T. Rowe Price Investment Management, Inc. announced in a press release. This funding aims to bolster Stash's AI capabilities, particularly through its Money Coach AI platform, which provides real-time, personalized financial guidance.
The investment will support Stash's mission to make expert financial advice accessible to everyone, enhancing product innovation and subscriber growth. Money Coach AI, central to this strategy, has already facilitated 2.2 million user interactions, helping customers make informed financial decisions quickly. Notably, 25% of users take positive financial actions within 10 minutes of interacting with the platform.
Under the leadership of co-founders Brandon Krieg and Ed Robinson, Stash has achieved profitability and strengthened its subscription model. With 1.3 million paying subscribers and $4.3 billion in assets under management, Stash continues to redefine financial inclusion by offering AI-driven financial advice at scale.
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