Red Herring

THE BUSINESS OF TECHNOLOGY

  • Startups
  • Mobile
  • Enterprise
  • Consumer
  • Social
  • Events

Stripe valued at $5bn following latest funding round

July 28, 2015

Online payments company Stripe has raised new funding valuing the company at $5 billion. Stripe declined to reveal the amount raised, but investors include Visa and Kleiner Perkins Caufield & Byers. The company did reveal the figure was less than $100 million. Stripe enables businesses to process payments online, and has agreements with Facebook, Twitter and Pinterest to facilitate transactions through buy buttons on the social networks. In December Stripe raised $70 million at a valuation of $3.6 billion.

Flipkart, the Indian e-commerce giant, has raised $700 million in funding at a valuation of $15 billion. Tiger Global and existing backers including Steadview Capital participated in the round, according to reports. Flipkart was founded eight years ago and has raised $3.4 billion from global investors. In December the company secured another $700 million round at a valuation of $11 billion.

Deliveroo, a food delivery startup based in the U.K., has raised $70 million in new funding, TechCrunch reports. Greenoaks Capital and Index Ventures led the round, with participation coming from Accel and Hoxton Ventures. The company plans to use the new funds for international expansion. Currently Deliveroo operates in 18 towns and cities in the U.K. and Berlin, Paris and Dublin. The company previously raised $25 million in January and has now raised a total of around $100 million to date.

Kareo, a provider of web-based software for medical practices, has closed a $55.4 million funding round. Montreux Equity Partners led the round, with participation from Silver Lake Partners and all of the company’s previous investors. Kareo will use the funds to continue to develop its product line and expand the company’s market access. “With this new investment from Montreux, Silver Lake and our current investors, we’ll be able to accelerate the development of our comprehensive, cloud-based, medical office management platform for independent practices,” said Dan Rodrigues, founder and CEO of Kareo. “Concurrently, we will further expand our market reach, helping even greater numbers of physicians meet their care delivery and practice growth objectives.”

  • 
  • 
  • 
  • 

Filed Under: Investment Round Up, Startups

Related Articles

  • Singapore’s Cialfo Closes $15m Series A Funding Extension
  • For Vertical Farms to Succeed, Sensors Must Take Center Stage
  • OurCrowd Jobs Index Shows Startup Hires Growing Despite Pandemic

Widget Spacer

Top 100

The Red Herring Top 100 awards highlights the most exciting startups from Asia, Europe and the Americas.

Learn More

Upcoming Events

  • Top 100 Asia

  • Top 100 North America

  • Top 100 Europe

Widget Spacer

Guest Column

What is a Learning Management System?

Rouben David, of CourseForMe.com, outlines the features and benefits of

Widget Spacer

Subscribe

Subscribe now to get event news and updates delivered right to your inbox:

Widget Spacer

#DigitalHerring Tweet

My Tweets
  • About
  • Press & Media
  • Contact Us
Red Herring LinkedInRed Herring Facebook

Copyright © · Red Herring, Inc.

Copyright © 2025 · Red Herring Theme on Genesis Framework · WordPress · Log in