Robo-advisor StashAway gets $25M Series D led by Sequoia Capital India
TechCrunch
APRIL 25, 2021
Investment app StashAway has raised a $25 million Series D led by Sequoia Capital India, with participation from returning investors Eight Roads Ventures and Square Peg. After regulatory approvals for the funding are completed, Sequoia Capital India managing director Abheek Anand will join StashAway’s board of directors as part of the round. StashAway does not disclose how many investors use its robo-advisor app, but it surpassed $1 billion assets under management in January.
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