# Stoke

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

- Industry: Telecoms
- Headquarters: Santa Clara, US
- Website: www.stoke.com
- Total disclosed funding: $83M
- Latest round: Series F (Jan 31, 2014)
- Investors on record: 13

## About

Stoke, Inc. is a technology company that provides innovative software solutions designed to enhance operational efficiency and productivity for businesses across various sectors, including finance, healthcare, and technology.Founded in 2004, Stoke, Inc. is based in Santa Clara, US, and specializes in offering advanced software platforms that streamline operations and improve data management. The company was co-founded by Matt Reynolds and Talia Duniec. It has undergone significant growth, culminating in its acquisition by Mavenir Systems in November 2014, though specific financial terms were not disclosed. Stoke has successfully completed a total of 12 deals and raised USD 2.66 mn in its latest funding round, SERIES F, with investments from Kleiner Perkins and Pilot House Ventures. The company's current valuation stands at USD 242.22 mn.Stoke specializes in delivering innovative solutions aimed at enhancing productivity and efficiency across various sectors. The company's core offerings encompass advanced software platforms designed to streamline operations, facilitate data management, and improve decision-making processes for businesses. These platforms cater to a diverse clientele, including small to medium-sized enterprises and larger corporations, primarily targeting industries such as technology, finance, and healthcare. Released in recent years, these products address critical pain points such as operational bottlenecks, data silos, and the need for real-time analytics, enabling users to optimize their workflows effectively. Stoke’s products are marketed primarily in North America and Europe, allowing for a broad reach within key economic markets.Stoke’s revenue generation model primarily hinges on a subscription-based pricing framework, fostering long-term relationships with its clientele. Clients engage in a structured transaction process, where they select from various subscription tiers tailored to their specific needs, granting them access to the company’s proprietary software solutions. Additionally, Stoke partners with retailers and wholesalers to distribute its products, expanding its market presence and enhancing accessibility for end-users. Pricing plans are designed to be competitive, reflecting the value and capabilities of the flagship services offered. This strategic approach to revenue generation not only cultivates customer loyalty but also positions Stoke favorably in its respective market segments.Stoke, Inc. plans to leverage recent funding to enhance its product offerings and expand into new markets. The company is currently designing new software solutions aimed at addressing evolving business needs, with anticipated releases in the upcoming year. Stoke is targeting expansion in international markets, focusing on regions in Asia and Latin America by 2025. The investment from the SERIES F funding round will be utilized to support these product developments and market expansions, ensuring that Stoke remains competitive and responsive to client demands.

## Funding rounds

- Series F, Jan 31, 2014, $2.7M — Kleiner Perkins, Pilot House Ventures
- Series E, Nov 12, 2010, $16M — Focus Ventures, Kleiner Perkins, Hong Shan, DAG Ventures, Integral Capital Partners, Mobile Internet Capital, Pilot House Ventures, DOCOMO Innovations, Net One Systems Co., Ltd.
- Series D, Jun 2, 2010, $14M — Kleiner Perkins, Hong Shan, DAG Ventures, Integral Capital Partners, Mobile Internet Capital, Pilot House Ventures, DOCOMO Innovations, Reliance Ventures
- Series D, Jun 18, 2008, $11M — Kleiner Perkins, Hong Shan, DAG Ventures, Integral Capital Partners, Pilot House Ventures, Reliance Ventures, Net One Systems Co., Ltd.
- Series C, Dec 20, 2006, $20M — Kleiner Perkins, Hong Shan, DAG Ventures, Presidio Partners, Northgate Capital, WOORI Venture Partners
- Series B, Sep 14, 2005, $20M — Kleiner Perkins, Hong Shan, Integral Capital Partners, Pilot House Ventures

## Investors

- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series B, Series C, Series D, Series E, Series F
- Hong Shan — Series B, Series C, Series D, Series E
- Integral Capital Partners (https://capitalatlas.ai/funds/integral-capital-partners) — Series B, Series D, Series E
- Pilot House Ventures (https://capitalatlas.ai/funds/pilot-house-ventures) — Series B, Series D, Series E, Series F
- DAG Ventures (https://capitalatlas.ai/funds/dag-ventures) — Series C, Series D, Series E
- Presidio Partners (https://capitalatlas.ai/funds/presidio-partners) — Series C
- Northgate Capital (https://capitalatlas.ai/funds/northgate-capital) — Series C
- WOORI Venture Partners (https://capitalatlas.ai/funds/woori-venture-partners) — Series C
- Reliance Ventures — Series D
- Net One Systems Co., Ltd. — Series D, Series E
- Mobile Internet Capital (https://capitalatlas.ai/funds/mobile-internet-capital) — Series D, Series E
- DOCOMO Innovations (https://capitalatlas.ai/funds/docomo-innovations) — Series D, Series E
- Focus Ventures (https://capitalatlas.ai/funds/focus-ventures) — Series E