When was Step Function founded?

Step Function was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Where is Step Function located?

Step Function is headquartered in Palo Alto, United States.

How many employees does Step Function have?

As of Jun 30, 2026, the latest employee count at Step Function is 6.

Is Step Function a funded company?

Step Function is a funded company, having raised a total of $***** in its 1st and only funding round, a Series A round on Aug 31, 2022.

When was the latest funding round of Step Function?

Step Function's latest funding was a $***** Series A round on Aug 31, 2022, with participation from 4 investors. Its primary sector is MarketingTech. In United States, the MarketingTech sector has seen $2.59B in funding in 2026 to date.

Where does Step Function rank among its competitors?

Step Function ranks 21st amongst 282 active competitors, of which 29 are funded. It stands 8th in terms of total funding among its competitors. The most recent competitor to raise funding was AppsFlyer, which secured $1B in Jun, 2026.

Who are the top competitors of Step Function?

Step Function's top competitors include AppsFlyer, Singular and Branch. Among them, AppsFlyer secured the most recent funding round in June, 2026.

Step Function - 2026 Company Profile, Funding & Competitors

Company Details

Cloud based marketing intelligence software for enterprises. The platform gathers or collects data from multiple sources and enables businesses to increase business growth and generate insights. It helps businesses to understand revenue, risk journeys, customer or conversational insights, and more. It also helps businesses improve customer service and financial forecasting using artificial intelligence.

Website: stepfunction.ai
Email ID: *****@stepfunction.ai
Phone Number: +1 **********

Key Metrics

Founded Year

2019

Location

Palo Alto, United States

Stage

Acquired

Total Funding

$5M in 1 round

Latest Funding Round

Series A, Aug 31, 2022, $*****

Investors

Dallas Venture Capital & 4 more

Ranked

21^st among 282 active competitors

Employee Count

6 as on Jun 30, 2026

Similar Companies

AppsFlyer & 267 more

Exit Details

Acquired by Gruve (Jan 01, 2026)

View Step Function's full profile

Step Function got acquired by Gruve on Jan 01, 2026.

Click here to take a look at Step Function's acquisition in detail

Step Function has raised a total funding of $5M over 1 round. Its latest funding round was a Series A round on Aug 31, 2022 for $*****. 4 investors participated in its latest round. Step Function has 5 institutional investors.

Here is the list of recent funding rounds of Step Function:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 31, 2022	8999061	Series A	5103449	8149148	4196363	7903733

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View details of Step Function's funding rounds and investors

Step Function's employee count trend

Step Function has 6 employees as of Jun 26. Here is Step Function's employee count trend over the years:

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Top competitors of Step Function include AppsFlyer, Singular and Branch. Here is the list of Top 10 competitors of Step Function, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	AppsFlyer 2011, San Francisco (United States), Series E	Provider of software for mobile attribution and marketing data analytics	$1.3B	Goldman Sachs, Salesforce Ventures & 22 others	78/100
2nd	Singular 2014, Tel Aviv (Israel), Series B	Marketing analytics and attribution platform	$50M	Norwest, TransLink Capital & 9 others	71/100
3rd	Branch 2014, Palo Alto (United States), Series F	Cloud based marketing optimization platform for deep linking	$667M	New Enterprise Associates, Founders Fund ... & 36 others	66/100
4th	InMarket 2010, Austin (United States), Series A	Provider of real-time marketing, audience, activation, measurement, and insights solutions	$1M	Multiplier Capital, North Atlantic Capital	64/100
5th	Optimine 2008, St. Paul (Canada), Acquired	Advertising measurement and bid optimization solutions	$14.9M	HWVP, Calumet Venture Fund & 7 others	58/100
6th	Dreamdata 2018, Copenhagen (Denmark), Series B	Cloud-based account-based marketing attribution platform for B2B companies	$66.9M	Seedcamp, PeakSpan Capital & 10 others	58/100
7th	Improvado 2015, San Francisco (United States), Series A	Platform offering data management solution	$33M	Nexus Venture Partners, Bullpen Capital & 29 others	57/100
8th	Stockmark 2016, Minato City (Japan), Series D	Developer of AI solutions for text data analysis and utilization	$58.8M	Hakuhodo DY Ventures, Ntt Docomo Ventures ... & 6 others	56/100
9th	Tenjin 2014, Sacramento (United States), Seed	Provider of mobile app marketing analytics and attribution solutions	$2.5M	Y Combinator, NetEase Games & 1 others	55/100
10th	Recast 2019, Brooklyn (United States), Seed	Attribution intelligence software for businesses	$4.46M	Lerer Hippeau, Good Friends & 4 others	54/100
21st	Step Function 2019, Palo Alto (United States), Acquired	Cloud based marketing intelligence software for enterprises	$5M	Dallas Venture Capital, Z5 Capital & 3 others	38/100