When was Strands founded?

Strands was founded in 2004 and raised its 1st funding round 2 years after it was founded.

Where is Strands located?

Strands is headquartered in Barcelona, Spain.

How many employees does Strands have?

As of Jun 30, 2026, the latest employee count at Strands is 106.

Is Strands a funded company?

Strands is a funded company, having raised a total of $55M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 02, 2006.

When was the latest funding round of Strands?

Strands' latest funding was a $***** Seed round on Jul 30, 2025, with participation from 0 investor.

Where does Strands rank among its competitors?

Strands ranks 53rd amongst 800 active competitors, of which 77 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was FintechOS, which secured $60M in May, 2024.

Who are the top competitors of Strands?

Strands' top competitors include Fiserv, Comviva and Alkami. Among them, Strands secured the most recent funding round in July, 2025.

Strands - 2026 Company Profile, Team, Funding & Competitors

Strands is an acquired company based in Barcelona (Spain), founded in 2004 by Marc Torrens. It operates as a Banking software suite. Strands has raised $55M in funding from BBVA. The company has 800 active competitors, including 77 funded and 98 that have exited. Its top competitors include companies like Fiserv, Comviva and Alkami.

Company Details

Banking software suite. It enables banks to offer personalized digital banking experiences to their customers. The Strands Finance Suite includes white-label solutions for personal finance management, business finance management, and card-linked offers. The retail suite offers features such as account aggregation, transaction management, income, and spending analysis, cash flow analysis, budgeting, saving, planning, peer comparison, and what-if analysis. The business suite offers additional features such as E-Invoicing, performance analysis, and business worth calculations.

Website: money.strands.com
Social
Phone Number: +34 **********

Key Metrics

Founded Year

2004

Location

Barcelona, Spain

Stage

Acquired

Total Funding

$55M in 4 rounds

Latest Funding Round

Seed, Jul 30, 2025, $*****

Investors

BBVA & 4 more

Ranked

53^rd among 800 active competitors

Employee Count

106 as on Jun 30, 2026

Investment & Acquisitions

NetworthIQ

Similar Companies

Fiserv & 931 more

Exit Details

Acquired by Crif (Mar 30, 2020)

View Strands' full profile

Strands is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
STRANDS LABS, INC CIN: 201214926 , United States, Active	Jun 09, 2004	-	2 (As on Dec 31, 2021)	-

Strands got acquired by Crif on Mar 30, 2020.

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

Strands has raised a total funding of $55M over 4 rounds. Its first funding round was on Mar 02, 2006. Strands has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Strands:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 30, 2025	6300044	Seed	2838236	9833472	7057524	2299510
Dec 04, 2007	3731707	Series B	6510125	2926690	4264179	Debaeque
Jun 18, 2007	5730602	Series B	6940118	9818395	Antonio Asensio	Debaeque & 1 more

Access funding benchmarks and valuations. Sign up today!

View details of Strands's funding rounds and investors

The founders of Strands is Marc Torrens.

Here are the details of Strands' key team members:

Marc Torrens: Former Co-Founder & CTO of Strands and founder of 1 other company.

View details of Strands's Founder profiles and Board Members

Strands' employee count trend

Strands has 106 employees as of Jun 26. Here is Strands's employee count trend over the years:

Uncover Strands' growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Strands include Fiserv, Comviva and Alkami. Here is the list of Top 10 competitors of Strands, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Fiserv 1984, Milwaukee (United States), Public	Provider of technology and services to the financial services industry	-	ValueAct Capital, Menlo Ventures & 4 others	79/100
2nd	Comviva 1999, Gurugram (India), Acquired	Developer of platforms for digital payments, marketing, and business operations	$13.5M	Cisco, Sequoia Capital & 27 others	77/100
3rd	Alkami 2009, Plano (United States), Public	Platform offering digital banking software suite for banks and credit unions	$408M	General Atlantic, MissionOG & 12 others	72/100
4th	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, Draper Esprit & 12 others	68/100
5th	Jack Henry 1976, Monett (United States), Public	Provider of technology solutions and services for financial institutions and businesses	-	ClearBridge, Spectrum Equity	68/100
6th	Aurionpro 1997, Mumbai (India), Public	Provider of loan and cash management solutions for banks and financial institutions	-	Malabar Investments, Neuberger Berman & 4 others	68/100
7th	NCR 1884, Atlanta (United States), Public	Banking software suite for banks and financial institutions	$820M	Pittco, Blackstone & 3 others	68/100
8th	Arya.ai 2013, Mumbai (India), Acquired	Provider of AI-powered platforms and APIs for financial services	$2.19M	YourNest, DMI Sparkle Fund & 44 others	64/100
9th	Temenos 1993, Geneva (Switzerland), Public	Developer of AI and cloud-based banking software suite	-	Georgian, Petrus Advisers & 2 others	64/100
10th	Finastra 2017, London (United Kingdom), Funding Raised	Provider of financial software solutions for lending, payments, and universal banking	-	Invus, Spectrum Equity & 8 others	63/100
53rd	Strands 2004, Barcelona (Spain), Acquired	Banking software suite	$55M	BBVA, Sequel Venture Partners & 3 others	48/100