Stash
Founded 2023 · 59 employees on LinkedIn · 6 known investors
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Stash provides a direct-to-consumer web shop and payments platform for game developers, acting as Merchant of Record to handle payment processing, fraud protection, and tax compliance across 100 countries. Its tools let studios integrate and test in-game shops deployable on desktop, mobile, and web.
Also known as Stash.gg
Founders & leadership
Stash was founded in 2023 by Dan Borstelmann and Archie Stonehill.


Investors · 6
Company profile
researched Aug 2026Stash (stash.gg) sells a direct-to-consumer commerce platform for video game studios. Its two principal products are a webshop that mirrors a game's in-game catalog on the web and a white-label PC/Mac game launcher that combines game distribution with storefront and loyalty functionality. The webshop connects to a studio's game backend so that offers, currencies, pricing, scarcity, purchase limits, localization and live-ops content synchronize automatically rather than requiring a duplicate catalog; the studio's existing player eligibility and segmentation logic drives personalization at runtime. Studios can add web-exclusive bundles, tier-based loyalty programs, and non-commerce "engagement hub" content such as lore, blogs and web series.
The launcher product adds build distribution: studios upload game binaries manually through Stash Studio, the developer portal, or automatically via the Stash CLI in a CI/CD pipeline. Stash then handles CDN caching and incremental updates using delta patching so that only the differences between builds are downloaded. The launcher supports Windows 10 and above on amd64 (x64) (ARM Windows is not supported) and macOS 10.10 and above on both Intel and Apple Silicon with 64-bit binaries. Launcher appearance is fully customizable via templates, self-service design, or work with the Stash team, and Stash Studio also handles game keys for early access and analytics on downloads and engagement.
On the payments side, Stash positions itself as a merchant of record with localized checkout and local entities across 100 countries, handling local payment methods, tax, regional rules including odds disclosures, fraud, chargebacks and audit trails. Stash Pay provides compliant checkout across platforms. The company's marketing contrasts its approach with "templated storefronts" that rely on discounts, arguing personalization tied to the game backend produces sustained repeat purchasing instead of a one-time revenue bump.
Business model
Stash supplies infrastructure and software to game developers rather than selling to players directly. It acts as merchant of record for studios' direct-to-consumer sales, taking on payment processing, tax handling, fraud and chargeback management across markets, and provides webshop, launcher and developer-portal software (Stash Studio) plus integration support such as documentation, API references, SDK guides, live chat, email and meetings. The published sources do not disclose Stash's pricing or revenue share terms.
Not disclosed in the available sources.
Traction
Publicly cited customer outcomes come from two case studies on the company's site. Snowprint Studios' Warhammer 40,000: Tacticus webshop is reported at a 75% repeat purchase rate and a refund rate under 0.1%, running across 64 countries and 21 currencies with real-time catalog sync. Hutch's F1 Clash store, with live offers tied to the real F1 season and full merchant-of-record service, is reported at 5x daily DTC revenue and 240% more first-time buyers. Hutch game director Phil Brook is quoted describing the store as feeling like an extension of the game.
Latest developments
The company's website promotes attendance at Gamescom on August 24–27 and features case studies with Snowprint Studios (Warhammer 40,000: Tacticus) and Hutch (F1 Clash), alongside its webshop, launcher and Stash Pay offerings. No funding, corporate or personnel announcements about Stash (stash.gg) appear in the sources reviewed.
▸Full profile — market position, technology, go-to-market, geography, risks & controversies
Market position
Stash competes in the direct-to-consumer game commerce and merchant-of-record category, positioning against "templated" webshop providers and other merchants of record by emphasizing deep game-backend integration, per-player personalization without discounting, and permissiveness on what offers can be sold in which markets. The site states Stash powers DTC growth for gaming studios worldwide but does not disclose customer counts, revenue or market share.
The company's stated differentiators are storefronts that are personalized and natively tied to the game backend rather than templated, avoiding reliance on discounts to drive repeat purchases; a unified real-time catalog that reuses the studio's existing eligibility and segmentation logic instead of a second catalog; merchant-of-record coverage with local entities in 100 countries and per-market handling of odds disclosures and regional rules so that legal constraints do not limit live-ops offers; and combined commerce plus distribution in the launcher via delta patching and CDN infrastructure.
Technology
Stash integrates with a studio's game servers and in-app purchase architecture through three steps: account linking to identify players, a studio-side authorization endpoint that Stash calls on every purchase, and a catalog API endpoint that dynamically supplies item assets, per-player product availability, purchase limits and rules, and time availability. Real-time catalog sync preserves scarcity, purchase limits and localization on the web. For distribution, Stash uses CDN infrastructure and a delta patching algorithm that pushes only the changes between the current and new game build. A CLI tool enables automated build uploads from CI/CD pipelines. Payments are handled through Stash Pay with localized checkout and local legal entities.
Go-to-market
Direct enterprise sales to studios, with the website oriented around "book a meeting" and "let's talk" calls to action, customer case-study spotlights, and industry event presence — the site promotes Stash's attendance at Gamescom on August 24–27. Educational FAQ and documentation content on webshops, launchers and offer strategy supports inbound demand generation.
Game developers and publishers, including mobile, PC and cross-platform studios seeking to sell outside the Apple, Google and Steam storefronts. Named studios and titles referenced on the company's site include Snowprint Studios (Warhammer 40,000: Tacticus) and Hutch (F1 Clash). Other games cited in the company's educational FAQ content as examples of webshop strategies include Stumble Guys (Niantic), Marvel Strike Force (Scopely), A Party in My Dorm (Thinking Ape), Heart of Vegas (Product Madness) and Huuuge Casino.
Geography
Stash states localized checkout and local legal entities across 100 countries, enabling players to pay with local methods without the studio establishing its own legal infrastructure. One customer, Snowprint, is described as operating across 64 countries and 21 currencies on the platform. The sources do not identify Stash's own headquarters or offices.
Risks & controversies
No controversies concerning Stash (stash.gg) appear in the sources. A structural dependency exists on the economics of bypassing app-store and platform commissions (the site repeatedly references the 30% fees charged by Apple, Google and Steam), which are set by third-party platforms. As merchant of record, Stash also assumes regulatory, tax, fraud and chargeback exposure across many jurisdictions. Several sources retrieved under the name "Stash" refer to Stash Financial, Inc., an unrelated New York consumer investing app, and were excluded.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
4 people who came through Stash went on to found or lead other companies.
In the news
Michael Saylor’s Strategy Raises $333M Selling MSTR Stock, Leaves Bitcoin Stash Untouchedstocktwits.com · Aug 2026▸Research sources · 8
primary sources listed
- Stashstash.gg · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Stash do?
- Stash builds game-native direct-to-consumer webshops and launchers with merchant-of-record payments for game studios.
- Who founded Stash?
- Stash was founded by Dan Borstelmann, Archie Stonehill in 2023.
- Who are Stash's investors?
- Stash's investors include Coinbase Ventures, Play Ventures, Breyer Capital, Entrée Capital, Goodwater Capital, Valar Ventures Llc.










