Stytch was founded in 2020 by Reed McGinley-Stempel (CEO) and Julianna Lamb (CTO), who had worked together on authentication and fraud problems at Plaid.
Stytch was founded in 2020 by Reed McGinley-Stempel (CEO) and Julianna Lamb (CTO), who had worked together on authentication and fraud problems at Plaid. A $6.25 million seed round led by Benchmark was raised around the time of founding, followed by a $30 million Series A led by Thrive Capital in July 2021 and a $90 million Series B led by Coatue at a $1 billion valuation in November 2021, when Stytch also acquired Cotter. Twilio announced it was acquiring Stytch on October 30, 2025, and the dea
Stytch was founded in 2020 by Reed McGinley-Stempel (CEO) and Julianna Lamb (CTO), who had worked together on authentication and fraud problems at Plaid. A $6.25 million seed round led by Benchmark was raised around the time of founding, followed by a $30 million Series A led by Thrive Capital in July 2021 and a $90 million Series B led by Coatue at a $1 billion valuation in November 2021, when Stytch also acquired Cotter. Twilio announced it was acquiring Stytch on October 30, 2025, and the deal closed on November 14, 2025.
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