Stash

FintechUSA

New to Unitard

🤝 Acquired

Peak $1.4 BillionToday

~-70%

from peak

🦄
Became a unicorn
2021
📈
Peak valuation
$1.4 Billion ’21
💔
Became a Unitard
Feb 2025
💸
Last valuation
~$420M

Current status

Acquired by Grab for $425M (Feb 2025)

The rise & fall

5 moments · 2015–2025

The key moments, with employee sentiment along the way.

2015

Founded

Brandon Krieg and Ed Robinson pitch fractional investing and banking to people Wall Street ignores.

TechCrunch

2021

The peak: ~$1.4B$1.4B

A funding round values the micro-investing app around $1.4B at the top of the retail-trading boom.

TechCrunch

2023

The founders step back

An outside CEO takes over and points the company at profitability as venture funding dries up.

TechCrunch

2022–24

From the inside · Glassdoor reviews, 2022–24

Glassdoor reviews from 2022-2024 traced the leaner years: employees counted repeated layoff rounds — several reviewers tallied four to seven in about two years, some landing just before the December holidays — alongside near-constant reorganizations.

Feb 2025

Acquired by Grab for $425M$425M

The sale lands under a third of the peak — and below the roughly $660M investors had put in.

Reuters

💬 entries paraphrase anonymous, unverified reviews posted publicly on Glassdoor ↗; dated facts carry their source.

How it happened

Stash offered fractional investing and banking aimed at first-time investors, reaching a ~$1.4B valuation in 2021. Growth stalled as funding tightened, and Grab acquired Stash for $425M in February 2025 — below the roughly $660M investors had put in. The founders returned as co-CEOs in October 2024, a few months before the sale.

Source: Below the ~$660M invested

Founders

Brandon Krieg
Co-founder & Co-CEO
Still there — Co-Founder, CEOLinkedIn ↗
Ed Robinson
co-founder & co-CEO
Still there — Co-Founder, CEO, Board MemberLinkedIn ↗
David Ronick
co-founder
LinkedIn ↗