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Stake

New York, New York, 10010, New York, 10010, United States

Overview

Stake operates a vertically integrated renter platform that now spans apartment search, lease signing, rent payments, and everyday financial wellness. Through its recent acquisition of apartment-locating service UMoveFree and Lighthouse, Stake can surface cash-back deals at the start of a renter’s search and continue rewarding them for on-time rent payments via its FDIC-insured Stake Checking account. The network encompasses more than 550,000 homes nationwide and has delivered tens of millions of dollars in rewards, with UMoveFree alone having served over 5 million renters and paid out $35 million in cash back. Stake reported 4× year-over-year revenue growth in 2025, underscoring accelerating adoption of its platform. Key renter features include immediate cash back at lease signing, automatic credit reporting on rent, and no-fee banking services. For property owners, Stake provides a Loyalty Cloud dashboard and Stake+ incentive engine that align renter savings with property performance. The company plans to use new capital to integrate UMoveFree’s demand engine, expand deal-based rental discovery into additional markets, and accelerate development of its renter savings products.

Total raised
$24M
Funding rounds
4
Latest round
Equity
Latest activity
Mar 2026

Industries

  • FinTech
  • Property Management
  • Real Estate
  • Rental
Visit website

Recent funding

  1. Equity

    Mar 2026

    $8M

  2. Series A

    Jun 2022

    $12M

  3. Seed

    Sep 2021

    $4M

Team

  • Rowland Hobbs

    Co-founder and CEO

    LinkedIn
  • Jimmy Jacobson

    Co-Founder, Director of Engineering

    LinkedIn
  • Peter Kearns

    Founding Investor and Advisory Board Member

    LinkedIn
  • Lauren Morgenthaler

    Operations

    LinkedIn