# Step funding: rounds and investors

> Step has raised $326M across 3 rounds since 2019. Investors include Stripe, Crosslink Capital and Collaborative Fund. Every round with its source.

Source: https://millionrounds.com/company/step (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *Step*

3 rounds we have observed, with the 15 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Consumer Apps Fintech

Funding summary Updated 26 Oct 2026

**$326M** raised across 3 rounds since 2019, from 3 sources

**$3.8M** Seed **$23M** Series A **$300M** Debt

- **Latest round:** Debt, $300M Oct 2022
- **Step-up i:** 13.3×
- **Investors:** 15 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022

**$3.8M** Seed

**$23M** Series A

**$300M** Debt

- **First round:** Seed, $3.8M
- **Biggest round:** $300M
- **Usual gap between rounds:** 3.3 years

## The rounds

- **Oct 2022** Debt **$300M** *3 new* *2 returning* [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Coatue](https://millionrounds.com/fund/coatue-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [WndrCo](https://millionrounds.com/fund/wndrco) [Stripe](https://millionrounds.com/fund/stripe) Source recorded
- **Jun 2019** Series A **$23M** *9 new* *3 returning* [Stripe](https://millionrounds.com/fund/stripe) Lead [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [WndrCo](https://millionrounds.com/fund/wndrco) [Jonah Goodhart](https://millionrounds.com/fund/jonah-goodhart) [Ronnie Lott](https://millionrounds.com/fund/ronnie-lott) [Dreamers VC](https://millionrounds.com/fund/dreamers-vc) [NAS Ventures](https://millionrounds.com/fund/nas-ventures) [Kevin Gould](https://millionrounds.com/fund/kevin-gould) [Noah](https://millionrounds.com/fund/noah) [Sesame Ventures](https://millionrounds.com/fund/sesame-ventures) Matt Rutler Reported by FinSMEs
- **Feb 2019** Seed **$3.8M** *3 new* [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [Sesame Ventures](https://millionrounds.com/fund/sesame-ventures) Reported by FinSMEs

## Founders and team

From Step's own website: 3 founders, 1 on the team.

**Alex Bouaziz** Co-Founder & CEO · Deel

**Amjad Masad** Founder & CEO · Replit

**Henrique Dubugras** Co-Founder & Co-CEO · Brex

- **Connie Chan** General Partner · a16z (Andreessen Horowitz)

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Seed** 2019 **Series A** 2019 **Debt** 2022 [Stripe](https://millionrounds.com/fund/stripe) L [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) [WndrCo](https://millionrounds.com/fund/wndrco) [Sesame Ventures](https://millionrounds.com/fund/sesame-ventures) [General Catalyst](https://millionrounds.com/fund/general-catalyst) [Coatue](https://millionrounds.com/fund/coatue-management) [Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) [Jonah Goodhart](https://millionrounds.com/fund/jonah-goodhart) [Ronnie Lott](https://millionrounds.com/fund/ronnie-lott)

## Everyone who backed them

[Stripe](https://millionrounds.com/fund/stripe) Company **2** rounds, led 1

[Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **2** rounds

[Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) VC firm **2** rounds

[WndrCo](https://millionrounds.com/fund/wndrco) Private equity **2** rounds

[Sesame Ventures](https://millionrounds.com/fund/sesame-ventures) Corporate VC **2** rounds

[General Catalyst](https://millionrounds.com/fund/general-catalyst) VC firm **1** round

[Coatue](https://millionrounds.com/fund/coatue-management) VC firm **1** round

[Franklin Templeton](https://millionrounds.com/fund/franklin-templeton) Private equity **1** round

[Jonah Goodhart](https://millionrounds.com/fund/jonah-goodhart) VC firm **1** round

[Ronnie Lott](https://millionrounds.com/fund/ronnie-lott) Angel **1** round

[Dreamers VC](https://millionrounds.com/fund/dreamers-vc) VC firm **1** round

[NAS Ventures](https://millionrounds.com/fund/nas-ventures) Private equity **1** round

[Kevin Gould](https://millionrounds.com/fund/kevin-gould) Angel **1** round

[Noah](https://millionrounds.com/fund/noah) VC firm **1** round

Matt Rutler no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=step).

## Also claim to have backed them

These 3 firms list Step as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Oraseya Capital](https://millionrounds.com/fund/oraseya-capital) Corporate VC Per its own site

[Wamda Capital](https://millionrounds.com/fund/wamda-capital) VC firm Per its own site

[EQ2 Ventures](https://millionrounds.com/fund/eq2-ventures) VC firm Per its own site

## Quick answers about Step

### Who invested in Step?

Step's investors include Stripe, Crosslink Capital, Collaborative Fund, WndrCo and Sesame Ventures, and 10 more on record.

### How much has Step raised?

Step has raised $326M across 3 rounds since 2019.

### When did Step last raise?

Step's most recent round was a Debt of $300M in Oct 2022.

### What was Step's biggest round?

Its most recent round, $300M in Oct 2022, is also its largest on record.

### Who backed Step first?

Step's first round on record, in Feb 2019, was backed by Crosslink Capital, Collaborative Fund and Sesame Ventures.

### What stage is Step at?

Step's latest named round is a Debt, in Oct 2022.

### Where is Step based?

Step is based in the United States.

### Who led Step's rounds?

Stripe led the Series A in 2019.

## Companies like Step

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)

## Find investors like these

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