Stavtar Solutions - About the company
Stavtar Solutions is a series A company based in New York City (United States), founded in 2017 by Steven Petersen. It operates as a Provider of software automating business spend and expense allocation for firms. Stavtar Solutions has raised $60.3M in funding from Elephant Venture Capital. The company has 338 active competitors, including 58 funded and 22 that have exited. Its top competitors include companies like Mint, Expensify and Monarch.
Company Details
Provider of software automating business spend and expense allocation for firms. The software manages employee compensation across salary, bonuses, deferrals, and benefits. It offers a platform to house an organization’s legal entity information. The company also provides vendor discovery and benchmarking integrated into its ecosystem.
- Website
- stavtar.com
- Email ID
- *****@stavtar.com
- Phone Number
- +1 **********
Key Metrics
Founded Year
2017
Location
New York City, United States
Stage
Series A
Total Funding
$60.3M in 2 rounds
Latest Funding Round
Investors
Ranked
12th among 338 active competitors
Employee Count
172 as on Jun 30, 2026
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Stavtar Solutions's funding and investors
Stavtar Solutions has raised a total funding of $60.3M over 2 rounds. Its first funding round was on Jan 26, 2024. Its latest funding round was a Series A round on Aug 01, 2025 for $*****. 1 investor participated in its latest round. Stavtar Solutions has 2 institutional investors.
Here is the list of recent funding rounds of Stavtar Solutions:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 01, 2025 | 9714156 | Series A | 3424358 | 3165391 | 5377523 | 6484654 |
Jan 26, 2024 | 4620795 | Series A | 2291724 | 1975546 | 6480402 | 4886483 |
View details of Stavtar Solutions's funding rounds and investors
Stavtar Solutions' founders and board of directors
Founder? Claim ProfileThe founders of Stavtar Solutions is Steven Petersen.
Here are the details of Stavtar Solutions' key team members:
- Steven Petersen: Co-Founder of Stavtar Solutions.
View details of Stavtar Solutions's Founder profiles and Board Members
Stavtar Solutions' employee count trend
Stavtar Solutions has 172 employees as of Jun 26. Here is Stavtar Solutions's employee count trend over the years:
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Stavtar Solutions's Competitors and alternates
Top competitors of Stavtar Solutions include Mint, Expensify and Monarch. Here is the list of Top 10 competitors of Stavtar Solutions, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Mint 2006, Mountain View (United States), Acquired | Provider of online personal finance management tools | $78.5M | 78/100 | |
2nd | Expensify 2008, San Francisco (United States), Public | Provider of expense management software, corporate cards, and travel booking | $27.8M | 74/100 | |
3rd | Monarch 2018, Covina (United States), Series B | Online platform for expense management for couples, advisors, and employers | $94.8M | 73/100 | |
4th | AuditBoard 2014, Cerritos (United States), Acquired | Developer of software for governance risk and compliance management systems | $43.6M | 69/100 | |
5th | Model N 1999, San Mateo (United States), Acquired | Provider of cloud-based software for revenue management and compliance solutions | $37M | 69/100 | |
6th | Clearwater 2004, Boise (United States), Acquired | Provider of investment management platform unifying front, middle, and back office | $8M | 65/100 | |
7th | Mitratech 1987, Austin (United States), Acquired | Provider of solutions for third party risk management to banks | - | 65/100 | |
8th | Quicken 1983, Menlo Park (United States), Acquired | Online finance and expense management software | - | 64/100 | |
9th | RapidRatings 2002, New York City (United States), Series C | Cloud-based solution for vendor risk management | $255M | 63/100 | |
10th | Beem 2006, San Francisco (United States), Seed | Cash advance app for emergencies | $7M | 62/100 | |
12th | Stavtar Solutions 2017, New York City (United States), Series A | Provider of software automating business spend and expense allocation for firms | $60.3M | 55/100 |
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Stavtar Solutions's Investments and acquisitions
Stavtar Solutions has made no investments or acquisitions yet.
Reports related to Stavtar Solutions
Here is the latest report on Stavtar Solutions's sector:
News related to Stavtar Solutions
Media has covered Stavtar Solutions for a total of 6 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Stavtar Solutions Files Notice to Raise $55 Million in New Fundingintelligence360•Sep 15, 2025•Stavtar Solutions
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Stavtar Solutions Secures $55 Million from Elephant to Accelerate Growthintelligence360•Aug 22, 2025•Elephant Stock, Stavtar Solutions
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Stavtar Solutions Secures $55 Million from Elephant to Accelerate Growth and Scale OperationsGlobal Fintech Series•Aug 06, 2025•Stavtar Solutions, The Elephant Sanctuary in Tennessee, Elephant Stock, Elephant Venture Capital and 1 other
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AgentSmyth Joins StavMarket to Scale Adoption of Autonomous Trading IntelligenceGlobal Fintech Series•Jul 29, 2025•Stavtar Solutions, AgentSmyth
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Stavtar Solutions appoints Director of Business DevelopmentPrivate Equity Wire•Apr 30, 2024•Stavtar Solutions
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