Stable was founded in 2016 with a small team determined to make a big change in how businesses around the world manage volatile commodity prices. Volatility can make the future of a business seem smaller. We wanted to build a platform that could help our clients to dream big.
Stable needed to be built for two main reasons:
By using data science and an obsession with simple, customer focused product design we set out to redefine risk management for the 90% of commodities that can’t be hedged currently on a futures market.
We can offer a safe harbor to a diverse range of businesses, by using hundreds of 3rd party indices that are local, or tightly correlated to the risks we’re being asked to manage.
After an investment round, led by Greycroft in NYC and the amazing support of a wide range of investors in the US and Europe we have gone on to build a team that calls Austin, Chicago, NYC, Minneapolis and Bermuda home, as well as Amsterdam and London in Europe.
Like any good guest, Stable brings two tasty things to the commodity party! Firstly, we can price commodities not listed on a futures market and secondly, we also bring the significant liquidity needed to protect our clients, via our A rated risk capital partners.
Our focus on using new technology to solve an old problem for our clients, has also enabled us to scale fast. Over the course of the next 18 months we’ll be busy expanding our footprint in South America and Asia while we’re rapidly building out our existing teams to enable this to happen behind the scenes. (#werehiring!)
We also like to dream big at Stable. Our own hope is that by making our clients more financially secure, we can increasingly act as an important catalyst for new investment, as we collectively redouble our efforts to produce more commodities, with a smaller footprint.
We’re obviously proud about how far we’ve come, but our real excitement is around about how much more we can achieve in this space, with this team.
If you’d like to talk about any aspect of Stable, then please don’t hesitate to get in touch.