# Stripes: portfolio, investments and team

> Stripes is a private equity based in United States. 51 investments on record, 6 in the last 12 months, latest Oct 2026.

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

United States · [Investor](https://millionrounds.com/investors)

# Stripes

Last cheque observed Oct 2026; 51 cheques on record.

Email

Deploying now New fund $173M, Sept 2026 Private equity

Seed Series A Series B Productivity Tools B2C Collaboration Tools

Follow Stripes and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fstripes)

Deploying now

**86%** of best year **6** **cheques in 12 months**, 51 on record

Since the last cheque **6** days **00** hrs **00** min **00** sec

Median round **$92M** Rounds led **6 of 51** Sole investor **11 rounds** Exits **2 from the portfolio** Mostly in **United States, 89%**

Pitch Stripes

## Stripes highlights

- 01 6 cheques in the last 12 months
- 02 Mostly Venture and Series C: 52% of its rounds
- 03 Sole investor in 11 rounds, median $40M
- 04 2 exits from the portfolio

## What they do

> Stripes invests globally in companies with amazing products for consumers and businesses and helps them scale. From their own website

- **Type:** Private equity (from a list, unverified)
- **Cheque size:** Not stated
- **Stages:** Seed Series A Series B Growth Pre-IPO
- **Sectors:** Productivity Tools B2C Collaboration Tools
- **Based in:** Bridgeport, United States
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **51 appearances**

- **2026** 6 rounds
- **Oct** **[Kalshi](https://millionrounds.com/company/kalshi)** Series G · US · https://ascendants.in/ **$1.0B** With 13 others
- **Aug** **[Etched](https://millionrounds.com/company/etched)** US · TechCrunch **$700M** With 13 others
- **Jun** **[Etched](https://millionrounds.com/company/etched)** Series C · US · TechCrunch **$300M** *Led*
- **Apr** **[Chapter](https://millionrounds.com/company/chapter)** Series E · US · Ventureburn **$100M** With 11 others
- **Jan** **[Etched AI](https://millionrounds.com/company/etched-ai)** Series C · US · TechStartups **$500M** *Led*
- **Jan** **[Pomelo Care](https://millionrounds.com/company/pomelo-care)** Series C · US · Crunchbase News **$92M** *Led*
- **2025** 5 rounds
- **Jun** **[Applied Intuition](https://millionrounds.com/company/applied-intuition)** Growth · US · TechCrunch **$600M** With 19 others
- **Jun** **[Ramp](https://millionrounds.com/company/ramp)** Series E · US · Crunchbase News **$200M** With 13 others
- **Apr** **[Chapter](https://millionrounds.com/company/chapter)** Growth · US · TechCrunch **$75M** *Led*
- **Mar** **[Island](https://millionrounds.com/company/island)** Series E · US · TechStartups **$250M** With 6 others
- **Mar** **[Ramp](https://millionrounds.com/company/ramp)** US · TechCrunch **$150M** With 10 others
- **2019** 6 rounds
- **Aug** **[ScaleFactor](https://millionrounds.com/company/scalefactor)** Series C · US · FinSMEs **$60M** With 7 others
- **Jul** **[Remitly](https://millionrounds.com/company/remitly)** Series E · US · TechCrunch **$135M** With 8 others
- **May** **[Pleo](https://millionrounds.com/company/pleo)** Series B · DK · Tech.eu **$56M** *Led*
- **Apr** **[FullStory](https://millionrounds.com/company/fullstory)** Series C · US · FinSMEs **$32M** *Led*
- **Feb** **[Remine](https://millionrounds.com/company/remine)** Series A · US · FinSMEs **$30M** With 1 other
- **Feb** **[Site Family Foods](https://millionrounds.com/company/site-family-foods)** US · FinSMEs **$90M** Sole investor
- **2018** 2 rounds
- **Jul** **[GlobalWebIndex](https://millionrounds.com/company/globalwebindex)** GB · FinSMEs **$40M** Sole investor
- **Jul** **[Califia Farms](https://millionrounds.com/company/califia-farms)** US · FinSMEs **$50M** With 1 other
- **2017** 1 round
- **Dec** **[Reformation](https://millionrounds.com/company/reformation)** Series B · GB · Fashionunited **$25M** With 3 others
- **2016** 1 round
- **Feb** **[Udemy](https://millionrounds.com/company/udemy)** **$60M** With 22 others
- **2015** 7 rounds
- **Oct** **[Califia Farms](https://millionrounds.com/company/califia-farms)** Venture · US **$50M** Sole investor
- **Sept** **[The Black Tux](https://millionrounds.com/company/the-black-tux)** Series B · US **$25M** With 2 others
- **Jul** **[Kareo](https://millionrounds.com/company/kareo)** Series G · US **$55M** With 7 others
- **Jun** **[GoFundMe](https://millionrounds.com/company/gofundme)** Venture · US **Undisclosed** With 5 others
- **Jun** **[Blue Apron](https://millionrounds.com/company/blue-apron)** Series D · US **$135M** With 7 others
- **Jun** **[Udemy](https://millionrounds.com/company/udemy)** Series D · US **$65M** With 2 others
- **Apr** **[Reformation](https://millionrounds.com/company/reformation)** Series A · US **$12M** With 4 others
- **2014** 5 rounds
- **Nov** **[Upwork](https://millionrounds.com/company/upwork)** Venture **$30M** With 5 others
- **Nov** **[Craftsy](https://millionrounds.com/company/craftsy)** Series D · US **$50M** With 5 others
- **Oct** **[Kareo](https://millionrounds.com/company/kareo)** Debt · US **$15M** With 5 others
- **Jul** **[Pond5](https://millionrounds.com/company/pond5)** Series A · US **$61M** With 1 other
- **Apr** **[Blue Apron](https://millionrounds.com/company/blue-apron)** Series C · US **$50M** With 2 others
- **2013** 5 rounds
- **Oct** **[Refinery29](https://millionrounds.com/company/refinery29)** Series C · US · techcrunch.com **$20M** Sole investor
- **Jul** **[Audio Network](https://millionrounds.com/company/audio-network)** Growth · US · finsmes.com **Undisclosed** Sole investor
- **Jan** **[Kareo](https://millionrounds.com/company/kareo)** Growth · US · finsmes.com **$21M** With 1 other
- **Jan** **[Kareo](https://millionrounds.com/company/kareo)** Series E · US **$21M** With 1 other
- **Jan** **[Art.com](https://millionrounds.com/company/art-com)** Series C · US · bizjournals.com **$6.2M** With 3 others
- **2012** 3 rounds
- **Oct** **[Netbiscuits](https://millionrounds.com/company/netbiscuits)** Venture · DE · finance.yahoo.com **$27M** With 2 others
- **Jan** **[Elance](https://millionrounds.com/company/elance)** Venture · US · techcrunch.com **$16M** With 2 others

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **6 named**

GC **Grant Cellier** Member of Issuer's Board of Managers i Filing they signed

KA **Kenneth Allen Fox** Managing Partner of Stripes GP V, LLC, the General Partner i Filing they signed

MT **Margaret Theresa Barrientos** Chief Compliance Officer i Form ADV

MW **Marino Wayne** Chief Financial Officer of GP i Filing they signed

RM **Robert Meschi** Member of Issuer's Board of Managers i Filing they signed

WL **Wayne Lawrence Marino** Vice President of Finance of Stripes GP V, LLC, the General Partner i Filing they signed

We also hold **65** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$8.1B** assets it manages Oct 2026

**1+** funds on file numbered funds in its name

**Registered** investment adviser full reporting to the SEC

- **Legal name:** Stripes Management, LLC
- **SEC number:** CRD 157553

Funds on its Form ADV

**47** private funds, **$7.4B** in gross assets · filed Mar 2024

- Stripes VI (A), L.P. *Private equity* 43 investors $729M
- Stripes V, L.P. *Private equity* 107 investors $723M
- Stripes IV Offshore AIV, L.P. *Private equity* 46 investors $685M
- Stripes VI, L.P. *Private equity* 106 investors $645M
- Stripes IV, L.P. *Private equity* 46 investors $556M
- Stripes V (A), L.P. *Private equity* 47 investors $553M
- Stripes Continuation Fund I, L.P. *Private equity* 50 investors $313M
- Stripes V(A) Offshore AIV, L.P. *Private equity* 47 investors $282M
- Stripes III, L.P. *Private equity* 49 investors $272M
- Stripes V Offshore AIV, L.P. *Private equity* 107 investors $260M

And 37 more on the filing.

## What they claim to have backed

From their own portfolio page (on their website)

**0** of 2 we have independently watched raise

Shoe of the The 9 Best

Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Silversky](https://millionrounds.com/company/silversky)** Bought by BAE Systems **$233M** Oct 2014

**[Seamless](https://millionrounds.com/company/seamless)** Bought by [GrubHub](https://millionrounds.com/fund/grubhub-community-fund) **Undisclosed** May 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

New fund on file

**$173M**

raised in Sept 2026

From its SEC filing, not a journalist: a firm that has just raised has money to deploy.

## The cheque

Seed Series A Series B

Median round joined **$92M** the round, not its cheque Alone, median **$40M**

Led 6 of 51 rounds **12%**

- **Sole investor:** 11 rounds
- **Last cheque:** Oct 2026
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Venture *9*
- Series C *8*
- Series A said *6*
- Series E *5*
- Series B said *5*
- Seed said *-*
- Growth said *-*

Cheques by month Led Joined

Nov 2023 Oct 2026

Often in the room with

- [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 5
- [Bessemer Venture Partners](https://millionrounds.com/fund/bessemer-venture-partners) 5
- [Coatue](https://millionrounds.com/fund/coatue-management) 4
- [First Round Capital](https://millionrounds.com/fund/first-round-capital) 4
- [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 4
- [Western Technology Investment](https://millionrounds.com/fund/wti) 4

**Pitching Stripes?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque.

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## Who they invest alongside

The investors most often in the same rounds as Stripes. A count of rooms they were both in, not a relationship either has claimed.

[**Andreessen Horowitz** VC firm **5** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Bessemer Venture Partners** VC firm **5** rounds together](https://millionrounds.com/fund/bessemer-venture-partners)[**Coatue** VC firm **4** rounds together](https://millionrounds.com/fund/coatue-management)[**First Round Capital** VC firm **4** rounds together](https://millionrounds.com/fund/first-round-capital)[**Sequoia Capital** VC firm **4** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Western Technology Investment** VC firm **4** rounds together](https://millionrounds.com/fund/wti)[**137 Ventures** VC firm **3** rounds together](https://millionrounds.com/fund/137-ventures)[**Addition** Private equity **3** rounds together](https://millionrounds.com/fund/addition)[**General Catalyst** VC firm **3** rounds together](https://millionrounds.com/fund/general-catalyst)[**Kleiner Perkins** VC firm **3** rounds together](https://millionrounds.com/fund/kleiner-perkins)[**Lux Capital** VC firm **3** rounds together](https://millionrounds.com/fund/lux-capital)[**Peter Thiel** Angel **3** rounds together](https://millionrounds.com/fund/peter-thiel)

## Recently backed

The latest companies Stripes put money into.

[**Kalshi** $1.0B · Oct 2026](https://millionrounds.com/company/kalshi)[**Etched** $700M · Aug 2026](https://millionrounds.com/company/etched)[**Etched AI** $500M · Jan 2026](https://millionrounds.com/company/etched-ai)[**Pomelo Care** $92M · Jan 2026](https://millionrounds.com/company/pomelo-care)[**Applied Intuition** $600M · Jun 2025](https://millionrounds.com/company/applied-intuition)[**Ramp** $200M · Jun 2025](https://millionrounds.com/company/ramp)

## Quick answers about Stripes

### What does Stripes invest in?

Stripes invests most often at Venture and Series C (52% of the rounds on record), in sectors such as Productivity Tools, B2C and Collaboration Tools.

### How active is Stripes?

51 investments on record, 6 of them in the last 12 months, and it led 6. The most recent was in Oct 2026.

### What has Stripes invested in recently?

Its most recent investments on record: Kalshi (Series G, Oct 2026), Etched (Undisclosed round, Aug 2026) and Chapter (Series E, Apr 2026).

### How big are Stripes's cheques?

The median round it joins is $92M.

### Does Stripes lead rounds?

Sometimes: it led 6 of its 51 investments on record (12%).

### Where does Stripes invest?

Most of the companies it backs are in the United States (89%) and the United Kingdom (5%).

### Is Stripes investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

### Who does Stripes invest alongside?

Most often Andreessen Horowitz (5 rounds together), Bessemer Venture Partners (5 rounds together) and Coatue (4 rounds together).

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