Stax
Orlando, Florida, United States
How Stax hit $8.3M revenue and 12K customers in 2023.
Provider of an integrated payments platform to businesses across the United States. The company's card-present and card-not-present technology is housed under a single application programming interface (API) that allows business owners to understand the health of their business under one dashboard, one merchant account, one subscription and one unified platform, enabling them to improve efficiency and save credit card processing costs.
2014
Founded
$8.3M
2023 Revenue
34.6%
YOY
$18.3M
Funding
Stax Revenue
In 2023, Stax revenue run rate hit $8.3M in revenue.
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2023
Stax hit $8.3M in revenue in 2023
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2021
Stax hit $4.9M in revenue in 2021
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2014
Stax launched in 2014 with $0 revenue
Stax Funding History
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2018
Stax raised a of in July, 2018
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2017
Stax raised a of in October, 2017
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2016
Stax raised a of in May, 2016
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2015
Stax raised a of in November, 2015
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| July, 19 2018 | |||
| October, 24 2017 | |||
| May, 12 2016 | |||
| November, 04 2015 |
Team
Stax has 235 total employees and 18 sales reps that carry a quota. They have 12,000 customers an engineering team of 13 and a marketing team of 6.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 235 |
| Engineer | 13 (6%) |
| Sales | 18 (8%) |
| Marketing | 6 (3%) |
Founder / CEO
Suneera Madhani
Suneera Madhani is the Founder and Chief Executive Officer of Stax, an innovative tech company that radically simplifies the payment ecosystem. In 7 years, Suneera has taken Stax (formally Fattmerchant) from an idea to processing over $9 Billion in payments. Suneera has become a pioneer not only in the Payments industry (Most Influential Women in Payments, PaymentSource), but also for minority women looking to launch a SaaS start-up and raise venture capital. She has over $150+ m raised in venture capital and her inspirational story has been featured in publications such as Forbes, Fortune, and Huffington Post. In 2018, Business Journal listed Suneera as their CEO Of The Year. This inspired Suneera to launch her Top 100 podcast, CEO School, in August which now inspires over 100k women every day. (Link in featured section) Recently, Fortune recognized her in their 40 Under 40 list for her leadership in Fattmerchant’s explosive growth and Forbes ranked Fattmerchant in their Top 100 startup employers for 2020. Suneera is one of the few minority leaders in the fintech industry and continues to break down barriers with her visionary leadership. She is a sought after keynote speaker and is always looking for other opportunities to inspire others around her. To book Suneera and for media inquiries please contact [email protected]
Q&A
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Advice for 20 year old self
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Customers
Churn
Stax Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Suneera Madhani | CEO | [email protected] | - |
Stax Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Suneera Madhani | CEO | [email protected] | - |
Frequently Asked Questions about Stax
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When was Stax founded?
Stax was founded in 2014.
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How much revenue does Stax generate?
Stax generates $8.3M in revenue.
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Who is the CEO of Stax
The CEO of Stax is Suneera Madhani.
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How much funding does Stax have?
Stax raised $18.3M.
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How many employees does Stax have?
Stax has 235 employees.
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Where is Stax headquarters?
Stax is headquartered at Orlando, Florida, United States
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