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Stavtar Solutions
New York, US · Delaware corporation · 1 known investors
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Stavtar builds an ecosystem of financial software for alternative asset managers, including StavPay for spend and expense allocation, StavComp for employee compensation management, StavOrg for legal entity management, and StavMarket, a vendor marketplace. Its platform automates end-to-end business spend, expense allocation, and compensation reporting for enterprise finance teams.
Founders & leadership
SP
Steven PetersenCo-FounderHe previously served as Chief Financial Officer at Hudson Bay Capital from 2014 to 2022, managing finance and operations during significant asset growth, and held senior finance roles at TPG-Axon and JP Morgan Chase before beginning his career at Arthur Andersen in 1994; he holds a BBA in Accounting from Hofstra University.
Board
PF
Investors · 1
Elephant PartnersreportedBostonvia Peter Fallon · board
How we know: a partner's Signal profile · board seat on SEC Form D · thesaasnews.com · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$60.3M disclosed across 2 rounds · 2024–2025
▶$55MraisedAug 2025 · 2 investors · Other TechnologyRule 506(b)
▶$55MraisedAug 2025 · 2 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Peter FallonDirector
- Steven PetersenExecutive Officer, Director
- Avtar BatthExecutive Officer, Director
- Offering amount
- $55M
- Amount sold
- $55M
- First sale
- Aug 2025
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$5.3MraisedFeb 2024 · 1 investors · Other TechnologyRule 506(b)
▶$5.3MraisedFeb 2024 · 1 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Avtar BatthExecutive Officer, Director
- Steven PetersenExecutive Officer, Director
- Offering amount
- $5.3M
- Amount sold
- $5.3M
- First sale
- Jan 2024
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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In the news
Frequently asked questions
- What does Stavtar Solutions do?
- Stavtar builds an ecosystem of financial software for alternative asset managers, including StavPay for spend and expense allocation, StavComp for employee compensation management, StavOrg for legal entity management, and StavMarket, a vendor marketplace. Its platform automates end-to-end business spend, expense allocation, and compensation reporting for enterprise finance teams.
- Who founded Stavtar Solutions?
- Stavtar Solutions was founded by Avtar Batth.
- Who are Stavtar Solutions's investors?
- Stavtar Solutions's investors include Elephant Partners.
- How much funding has Stavtar Solutions raised?
- Stavtar Solutions has disclosed $60.3M raised across 2 rounds.
- Where is Stavtar Solutions headquartered?
- Stavtar Solutions is headquartered in New York, US.