Stripes

Stripes Group LLC, established in 2003 and headquartered in New York, is a growth equity firm that invests in both enterprise and consumer businesses. It focuses on software and consumer companies, with a particular interest in leading horizontal and vertical software platforms serving small to medium-sized businesses (SMB) up to enterprise-level clients. Stripes typically invests between $10 million and $150 million in companies with annual revenues greater than $10 million or experiencing over 20% annual revenue growth. The firm seeks minority and majority equity stakes, and is open to co-investments and bootstrapped businesses. It targets founder-owned and operated companies, often providing capital for liquidity and aiming for exits within two to four years.

Zoe Brewer

Analyst

Christopher Carey

Principal

Reshma Kalimi

Principal

Oliver Chernyk

Senior Associate and Member of the Investment Team

John Diorio

Vice President

Ron Doornink

Co-Investor and Limited Partner

Riadh Dridi

Operating Partner

Tony Ducic

Associate

Sara Enany

Analyst

Melissa Fulenwider

Vice President

Bryan Gertzog

Partner

Karen Kenworthy

Partner

Saagar Kulkarni

Partner

Julia Levy

Partner

Marco Lorenzon

Senior Associate

Wayne Marino

Partner / CFO

Dan Marriott

Managing Partner

Paul Melchiorre

Operating Partner

Aliza Reisner

Vice President

Will Reycraft

Associate

Sharon Rothstein

Operating Partner

Jason Santiago

Partner / CTO

Jahanvi Sardana

Vice President

Ron Shah

Partner

Aaron Shapiro

Analyst

Jim Sincavage

Senior Associate

Julia Solomon

Partner

David Swinghamer

Operating Partner

Kaylee Tao

Analyst

Gracie Zaro

Investor / Analyst

Jindra Zitek

Partner and Head of Scale

Past deals in Nicaragua

Remitly

Series F in 2020
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Remitly

Series E in 2019
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Remitly

Series D in 2017
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.

Remitly

Series C in 2016
Remitly Global, Inc. is a digital remittance company that specializes in facilitating international money transfers through its extensive network across Africa, Asia, Central Europe, and South America. Founded in 2011 and headquartered in Seattle, Washington, with additional offices in London, Manila, and Nicaragua, Remitly offers a mobile payment service that allows consumers in the United States, Canada, and the United Kingdom to send money easily to friends and family. The company utilizes advanced technology to streamline the money transfer process, eliminating unnecessary steps and fees associated with traditional methods. As a licensed money transmitter, Remitly operates in 49 states and Washington, D.C., providing a cost-effective and reliable service for its customers. Revenue is generated through transaction fees and foreign exchange spreads, positioning Remitly as a key player in the evolving financial services landscape for immigrants.
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