# Stronghold Institutional Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/stronghold-institutional-services

- Industry: Financial Services
- Headquarters: San Francisco, US
- Website: www.stronghold.co
- Total disclosed funding: $3.3M
- Latest round: Seed (Jul 12, 2018)
- Investors on record: 6

## About

Stronghold Institutional Services Ltd. delivers advanced payment solutions, focusing on Automated Clearing House (ACH) programming and tailored virtual payment networks to enhance financial operations for businesses across various sectors.Founded in 2017 and headquartered in San Francisco, US, Stronghold Institutional Services Ltd. specializes in payment solutions that support businesses in managing transactions effectively. The company has executed a single deal, raising USD 3.3 mn in Seed funding on July 12, 2018, led by Freestyle VC with contributions from Array Ventures, Cantos Ventures, Hack VC, Neural Capital, and Precursor Ventures. The company was co-founded by Mft Karena Henrietta Montag and Sean Bennett, with Tammy Camp serving as the CEO.Stronghold's core offerings revolve around advanced payment solutions designed to enhance the financial capabilities of businesses. Their primary service includes Automated Clearing House (ACH) payment programming, allowing clients to maintain ownership over customer interactions while ensuring real-time clearing and settlements. Additionally, Stronghold provides tailored virtual payment networks that cater to the unique needs of organizations seeking to streamline their payment processes. This suite of services aims to address challenges related to efficiency and accessibility in financial transactions, thereby supporting a diverse clientele ranging from small businesses to larger enterprises across various industries, including technology and retail. Stronghold’s services are marketed in multiple geographic regions, including North America and select markets in Europe, reflecting their commitment to fostering a more inclusive financial infrastructure.Stronghold generates revenue through its suite of payment solutions, primarily by facilitating transaction-based services tailored to business needs. The company structures its offerings around B2B engagements, where clients engage in direct partnerships to implement customized payment systems. For instance, businesses may subscribe to Stronghold’s ACH programming or employ their virtual payment networks for a monthly fee or a transaction-based pricing model. Each transaction or subscription generates revenue, contributing to the overall financial health of the company. While specific pricing plans for individual services are not detailed, the engagement structure underscores a commitment to providing flexible, scalable payment solutions that cater to various business sizes and requirements.In July 2018, Stronghold Institutional Services Ltd. raised USD 3.3 mn in Seed funding led by Freestyle Capital, which will be utilized to support the development of new products and enhance their existing service offerings. The company is focused on expanding its reach into additional markets, particularly in Europe, by 2025. This growth strategy is aimed at increasing their market presence and catering to a broader clientele, further solidifying their position in the payment solutions industry.

## Funding rounds

- Seed, Jul 12, 2018, $3.3M — Freestyle VC, Precursor Ventures, Array Ventures, Cantos Ventures, Hack VC, Neural Capital

## Investors

- Freestyle VC (https://capitalatlas.ai/funds/freestyle-vc) — Seed
- Precursor Ventures (https://capitalatlas.ai/funds/precursor-ventures) — Seed
- Array Ventures (https://capitalatlas.ai/funds/array-ventures) — Seed
- Cantos Ventures (https://capitalatlas.ai/funds/cantos-ventures) — Seed
- Hack VC (https://capitalatlas.ai/funds/hack-vc) — Seed
- Neural Capital — Seed