# Stilt

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stilt

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.jgwentworth.com
- Total disclosed funding: $37M
- Latest round: Series A (Mar 10, 2022)
- Investors on record: 5

## About

Stilt Inc., based in the US, provides innovative financial solutions for individuals, focusing on structured settlements and debt relief, enabling clients to convert future payments into immediate cash for pressing financial needs.Stilt Inc. specializes in financial services, particularly in structured settlements and debt relief solutions. Founded in 2015, the company is headquartered in San Francisco, US. Rohit Mittal, the CEO and founder, has experience in leading financial ventures. In December 2022, J.G. Wentworth acquired Stilt Inc., expanding their service offerings. The company has completed a total of 10 deals, with its latest funding round being a VENTURE DEBT round of USD 100.00 mn, raising a total of USD 14.00 mn to date.Stilt Inc. primarily offers financial services centered on structured settlements and debt relief solutions. Their key offerings include purchasing structured settlement payments, allowing clients to access immediate cash for unforeseen expenses or to consolidate debts. Additionally, Stilt Inc. provides tailored debt resolution programs, assisting clients in negotiating with creditors to alleviate debt burdens. The firm serves over 150,000 customers across the United States, addressing financial needs related to annuities and settlement payments.Stilt Inc.'s revenue model is based on transaction fees from financial services. Clients engage with the firm to sell structured settlement payments or enroll in debt relief programs, generating fees calculated as a percentage of the transaction amount or as fixed service charges. The company pays a lump sum for structured settlement payments, recouped through management or resale, while debt resolution programs generate revenue as clients make consolidated payments, including service fees for financial management.Looking ahead, Stilt Inc. plans to enhance its product offerings by developing new financial solutions tailored to evolving market demands. The company aims to expand its reach into new geographic regions, targeting additional markets across the United States by 2024. The recent VENTURE DEBT funding of USD 100.00 mn will be allocated towards these growth initiatives, facilitating product development and market penetration efforts following its acquisition by J.G. Wentworth in December 2022.

## Funding rounds

- Series A, Mar 10, 2022, $14M — Hillsven Capital, Link Ventures, Petrushka Investments
- Series A, Jun 25, 2021, $12M — Streamlined Ventures
- Seed, Dec 31, 2020 — Link Ventures
- Seed, May 7, 2020, $7.5M — Hillsven Capital, Streamlined Ventures, Bragiel Brothers
- Seed, Sep 27, 2019, $3.6M — Hillsven Capital, Streamlined Ventures, Bragiel Brothers

## Investors

- Hillsven Capital (https://capitalatlas.ai/funds/hillsven-capital) — Seed, Series A
- Streamlined Ventures (https://capitalatlas.ai/funds/streamlined-ventures) — Seed, Series A
- Bragiel Brothers (https://capitalatlas.ai/funds/bragiel-brothers) — Seed
- Link Ventures (https://capitalatlas.ai/funds/link-ventures) — Seed, Series A
- Petrushka Investments — Series A