# Stream

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stream-2

- Industry: Financial Services
- Headquarters: London, UK
- Website: www.stream.co/
- Total disclosed funding: $199M
- Latest round: Series D (Aug 28, 2025)
- Investors on record: 16

## About

Founded in 2018 by Peter Briffett (CEO) and Portman Wills, and based in London, UK, Stream Platforms, Inc., trading under the Stream and formerly known as Wagestream Ltd., operates as a developer of a mobile application that enables employees to analyze and manage their spending and finances. The firm’s customer base includes Asda, Bupa, Crate & Barrel, Pizza Express, and the NHS. In January 2026, Stream raised USD 90 million in venture funding led by Sofina, with participation from Better Society Capital, Ascension Ventures, Balderton Capital, Northzone, Smash Capital, LocalGlobe and British Business Bank. Wagestream offers a workplace finance platform aimed at enhancing the financial well-being of frontline workers. The platform encompasses various features including pay and spending tracking, flexible pay options, financial coaching, and access to certified financial coaches, to enable employees on their financial journeys. The platform provides real-time visibility into a user’s pay and spending, promoting financial awareness and accountability. Automated features like the rainy-day pot are also offered to facilitate savings and financial resilience. Furthermore, each user is paired with a certified financial coach, accessible via the app, providing personalized guidance and resources. The company plans to utilize the May 2025 funding to develop a workplace loans product and grow its app-based service.

## Funding rounds

- Series D, Aug 28, 2025, $90M — Northzone, Sofina, Balderton Capital, Ascension Ventures, LocalGlobe, Smash Capital, Better Society Capital, British Business Bank
- Series C, Apr 13, 2022, $60M — Northzone, Balderton Capital, BlackRock, DuckDuckGo, Reddit, Inc., Ascension, SonderMind Inc., Epic Games, Inc., Smash Capital
- Series B, Jun 8, 2020, $25M — Northzone, Balderton Capital, QED Investors, Latitude Venture Partners
- Series A, May 20, 2019, $25M — Northzone, Balderton Capital

## Investors

- Northzone (https://capitalatlas.ai/funds/northzone) — Series A, Series B, Series C, Series D
- Balderton Capital (https://capitalatlas.ai/funds/balderton-capital) — Series A, Series B, Series C, Series D
- QED Investors (https://capitalatlas.ai/funds/qed-investors) — Series B
- Latitude Venture Partners (https://capitalatlas.ai/funds/latitude-venture-partners) — Series B
- BlackRock (https://capitalatlas.ai/funds/blackrock) — Series C
- DuckDuckGo — Series C
- Reddit, Inc. — Series C
- Ascension (https://capitalatlas.ai/funds/ascension) — Series C
- SonderMind Inc. — Series C
- Epic Games, Inc. — Series C
- Smash Capital (https://capitalatlas.ai/funds/smash-capital) — Series C, Series D
- Sofina — Series D
- Ascension Ventures (https://capitalatlas.ai/funds/ascension-ventures) — Series D
- LocalGlobe (https://capitalatlas.ai/funds/localglobe) — Series D
- Better Society Capital (https://capitalatlas.ai/funds/better-society-capital) — Series D
- British Business Bank (https://capitalatlas.ai/funds/british-business-bank) — Series D