Early this morning,
Fast, a startup building platform-agnostic login and checkout services, announced that
Stripe has led a $20 million investment into its business. Prior investors
Index Ventures and
Susa Ventures took part in the round. Susa previously participated in the company’s late-2019 round that Index led.
Coming in late March, the new capital is a quick-follow to
Fast’s November seed round. Such a rapid-fire deal would have felt right at home in mid-2019; to see two consecutive rounds in less than a half-year in 2020, in contrast, feels aggressive, though that’s more a testament to how the market has changed than
Fast’s ability to attract capital.
Fast was founded by
Domm Holland, a serial entrepreneur, and
Allison Barr Allen, best known for her time at Uber. Holland is the company’s CEO while Barr Allen has taken on Fast’s COO role.
