Stripes is a growth equity firm partnering with software and consumer product founders around the world.
Portfolio
2
companies
Oyster
Oyster provides a global employment platform to manage distributed teams.
Snyk
Snyk provides developer security tools to help enterprises build software securely.
Ron Shah
Partner
Ron is a partner at Stripes and serves on the board of several companies, including Chapter and Hello Heart. He also invests in Pomelo Care.
LinkedInThe financing values the remote work platform at $1.2bn and was led by Silver Lake Waterman.
"Global employment is incredibly complex, involving many moving parts. Oyster emerged as a best-of-breed solution in the category to solve these traditional challenges,"
The financing round was co-led by Accel and Tiger Global to support the company's global expansion.
"This latest investment allows us to accelerate our growth at every level – doubling down on our successful product led growth strategy, adding to our customer roster, recruiting talent to our team worldwide and expanding geographically."
Stripes led the Series C round alongside participation from Coatue, Tiger Global, BoldStart, Trend Forward, Amity and Salesforce Ventures.
