Supaglue raised $6.8 million in a seed round led by Benchmark general partner Chetan Puttagunta, and got acquired by Stripe for an undisclosed sum to contribute to the Revenue and Finance Automation unit.
Mar 29, 2024•over 1 year ago
Amount Raised
$6.8 Million
Round Type
seed
Investors
Benchmark
Description
Supaglue, formerly known as Supergrain, raised a $6.8 million seed round in November 2021, led by Benchmark general partner Chetan Puttagunta. As part of its investment in RFA, Stripe acquired the four-person team from Supaglue for an undisclosed sum. The team from Supaglue will help accelerate Stripe's real-time analytics and reporting across its platform and third-party apps for the Revenue and Finance Automation suite.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers