Fundraising Fox

Rellevate

Stamford, US · Founded 2020 · Delaware corporation · 34 employees on LinkedIn · 4 known investors

Rellevate operates a digital banking and disbursement platform that handles one-time and recurring payments through digital wallets, prepaid cards, debit cards, and bank transfers. It serves government agencies, NGOs, insurance companies, healthcare providers, and schools for benefit disbursements, and offers employers on-demand earned-wage access and financial wellness tools.

Founders & leadership

Rellevate was founded in 2020 by Stewart A Stockdale, Greg Schneider, and Stewart A. Stockdale.

SA
Stewart A StockdaleCo-founder
GSGreg Schneider
Greg SchneiderinCo-Founder, Chief Information Officer
SAStewart A. Stockdale
Stewart A. StockdaleinCo-Founder, Chairman & CEO
VLVictoria Lopez Negrete
Victoria Lopez NegreteChief Administrative Officer
MKMatthew Krull
Matthew KrullSenior Vice President - Strategy, Legal, and Public Affairs
WS
Walter SteppacherNamed on SEC filing
JW
Joel WhitleyNamed on SEC filing
MP
Mark ParsellsNamed on SEC filing

Board

PLPeter Longo
Peter LongoinBoard MemberSenior Managing Director, Investments at Connecticut Innovations

Investors · 4

Reported raises · per SEC filings

Form D private placements

$6.4M disclosed across 4 rounds · 2020–2022

$3.6MraisedJun 2022 · 31 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Walter SteppacherExecutive Officer
  • Mark ParsellsDirector
  • Adam SchneiderDirector
  • Peter LongoDirector
  • Stewart A. StockdaleExecutive Officer, Director
  • Greg SchneiderExecutive Officer, Director
Offering amount
$4M
Amount sold
$3.6M
Sales commissions
$2.5K
Proceeds to insiders
$330K
Placement agents
Hubble Investments, LLC
First sale
May 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$719.3KraisedApr 2022 · 3 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Walter SteppacherExecutive Officer
  • Greg SchneiderExecutive Officer, Director
  • Stewart A. StockdaleExecutive Officer, Director
  • Peter LongoDirector
  • Joel WhitleyDirector
  • Mark ParsellsDirector
Offering amount
$1M
Amount sold
$719.3K
Proceeds to insiders
$37.5K
First sale
Mar 2022
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$1.3MraisedJul 2021 · 39 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter LongoDirector
  • Joel WhitleyDirector
  • Stewart A StockdaleExecutive Officer
  • Greg SchneiderExecutive Officer
  • Walter SteppacherExecutive Officer
  • Mark ParsellsDirector
Offering amount
$1.3M
Amount sold
$1.3M
Minimum investment
$5K
Sales commissions
$12.5K
Placement agents
Hubble Investment, LLC
First sale
Apr 2021
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗
$797KraisedAug 2020 · 13 investors · Other Banking and Financial Services
Rule 506(b)
Officers, directors & promoters on the filing
  • Peter LongoDirector
  • Stewart A StockdaleExecutive Officer
  • Walter SteppacherExecutive Officer
  • Greg SchneiderExecutive Officer
  • Joel WhitleyDirector
  • Mark ParsellsDirector
Offering amount
$1.5M
Amount sold
$797K
Minimum investment
$5K
First sale
Aug 2020
Incorporated
Corporation, Delaware, 2020
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 7

by search overlap
Tipalti168 shared keywordsTipalti offers an AI-powered finance automation platform that handles global accounts payable, payments, procurement, expenses, and treasury operations for businesses. It supports cross-border payments to over 200 countries in 120 currencies and integrates with ERPs, accounting systems, and other business tools, serving industries such as adtech, e-commerce, gaming, healthcare, and software.
Bill.com Holdings, Inc.137 shared keywordsBILL is a unified financial operations platform that automates accounts payable, receivables, and spend management for businesses. The platform processes over $345 billion in annual payment volume and serves nearly 500,000 customers across the US and 130+ countries.
Checkout127 shared keywordsCheckout.com offers Flow, a hosted payment page that businesses can deploy with a low-code, one-time integration to accept payments online. The page can be customized to match a site's branding for a consistent checkout experience.
Master Class120 shared keywordsOnline education subscription platform with pre-recorded tutorials and lectures by experts.
DailyPay117 shared keywordsDailyPay provides on-demand pay solutions that allow employees to access their earned wages before traditional paycheck cycles, serving employers and workers seeking greater financial flexibility. The company offers employer-integrated payroll software, worker financial wellness tools, and a fintech platform for the hourly and salaried workforce.
Jupiter110 shared keywordsJupiter is a digital-first money management platform for Indians that provides financial wellness tools for tracking, saving, and investing. The platform serves digitally native consumers seeking simplified, transparent financial control without traditional banking complexity.
Synder109 shared keywordsSynder provides automated accounting and bookkeeping software that integrates with payment platforms and e-commerce tools to simplify financial management for small businesses and e-commerce sellers. The platform automates transaction categorization, reconciliation, and revenue recognition for various accounting systems.

Companies competing with Rellevate for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Frequently asked questions

What does Rellevate do?
Rellevate operates a digital banking and disbursement platform that handles one-time and recurring payments through digital wallets, prepaid cards, debit cards, and bank transfers. It serves government agencies, NGOs, insurance companies, healthcare providers, and schools for benefit disbursements, and offers employers on-demand earned-wage access and financial wellness tools.
Who founded Rellevate?
Rellevate was founded by Stewart A Stockdale, Greg Schneider, Stewart A. Stockdale in 2020.
Who are Rellevate's investors?
Rellevate's investors include Connecticut Innovations, Naples Technology Ventures, Tamiami Angel, Texas HALO Fund.
How much funding has Rellevate raised?
Rellevate has disclosed $6.4M raised across 4 rounds.
Where is Rellevate headquartered?
Rellevate is headquartered in Stamford, US.