Vertical business banking for online entrepreneurs.
Slash is a San Francisco-based 'vertical banking' platform for online entrepreneurs, building dedicated banking products for niches like resellers, content creators, and ad arbitrage operators. Founded by two college dropouts, raised a $41M Series B in May 2025 at a $370M valuation led by Goodwater Capital, then a $100M Series C at a $1.4B valuation later in 2025 — achieving unicorn status.
Fintech📍 San Francisco, CAFounded 2020
Current Valuation
$1.4B
as of 2025-Q4
UNICORN
QL Price
$1.4B
0% vs last round
QuantLogix's current estimate for Slash, published 2026-10-07 — in line with the last disclosed round of $1.4B (2026-09).
Confidence
low
Basis
round anchored
What backs this price
Last disclosed round
$1.4B
2026-09
weight 0.93
How this price has held up
No round has priced for Slash since QuantLogix began publishing a price for it, so there is nothing to grade yet. The claim above is on the record from 2026-10-07 and will be graded against the next priced round. See the full accuracy record →
Which publicly-traded funds already hold it, what $10,000 buys, and whether any route is open to you.
Cite this price as QuantLogix QL Price, Slash, 2026-10-07 (bad3afb7c6557123).
The id pins this exact claim, so a citation stays checkable after the price moves.
Model estimate for research — not a quote, target price, or investment advice.
IPO Outlookprivate
Is Slash going public?
No. Slash is private and has not filed to go public. There is no S-1 on file.
What is Slash's valuation in 2026?
Slash is valued at $1.4B as of 2025-Q4, set by its Series C ($100M, Nov 2025). That is the last confirmed mark, not a live price — private shares do not trade continuously.
Has Slash filed an S-1?
No public S-1 is on file for Slash.
Who are Slash's investors?
Slash's investors include Goodwater Capital, NEA, Y Combinator, Menlo Ventures.
How much has Slash raised?
Slash has raised $160M in total, most recently a Series C of $100M in Nov 2025.
Is Slash publicly traded — can you buy Slash stock?
No. Slash is a private company — its shares are not listed on any exchange and there is no ticker. The routes to exposure are pre-IPO secondary marketplaces and funds (accredited investors), employee tender offers when the company runs one, and public companies with read-through exposure. QuantLogix maps every route it can verify for Slash on its Pre-IPO Access Desk.
Answers are derived from the roster record shown on this page — filing status, last round and confirmed marks. Where the record is silent, the answer says so rather than guessing.
Company Profile
CEO
Victor Cardenas
Founded
2020
HQ
San Francisco, CA
Employees
50-100
Total Raised
$160M
Last Round
Series C — $100M (Nov 2025)
IPO Status
private
Fundraising Status
Series C · $100M · 11 mo ago
privateTotal raised $160M
Latest Funding Round
Round
Amount
Date
Lead Investor
Post-Money
Series C
$100M
Nov 2025
—
—
Talent Signal
Hiring trend
▶ Hiring steady
+6% vs 2026-08
Open roles
19
via ashby
Product-build share
42%
engineering, research, product, design
Trajectory
steady
balanced build + GTM — 42% builders vs 58% go-to-market/G&A — scaling both sides.
Counted from Slash's live job board as of 2026-09-16; role functions classified from posting titles. Open-role counts are an activity signal, not headcount. Refreshed monthly.
Founders & Key People
Victor CardenasKevin Bai
Investors
Goodwater Capital · NEA · Y Combinator · Menlo Ventures
Products
Business checking
Corporate cards
Cashback
Stablecoin payments (via Bridge)
Vertical sub-accounts
Competitors
Mercury · Ramp · Rho · Bluevine
FintechNeobankY Combinator
Private-company numbers are not real-time. Reflects publicly disclosed valuations from press releases, news reports, and tender offers as of 2025-Q4. Refreshed quarterly.