How Much Did Stacklet Raise?
Funding & Key Investors

Stacklet, an IT cloud solutions provider, has recently secured a major strategic investment as part of its ongoing enterprise-level funding rounds. The company has raised a total of $36.5M to date, with its most recent capital infusion of $14.5M occurring on June 4, 2024. This latest financing round signifies a significant step in Stacklet's growth trajectory, underscoring investor confidence in its innovative approach to cloud management.

What is Stacklet?

Stacklet
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Headquartered in Arlington, Virginia, Stacklet operates within the IT cloud solutions sector, offering a comprehensive suite of services designed to enhance cloud environments. Their offerings encompass Cloud asset visibility, the implementation of security best practices, cost optimization strategies, and the establishment of robust operations governance. Stacklet aims to empower organizations to achieve greater efficiency, security, and financial control over their cloud infrastructure, positioning itself as a key player in the evolving cloud management landscape.

How much funding has Stacklet raised?

Stacklet has raised a total of $36.5M across 3 funding rounds:

2020

Angel/Seed

$4M

2021

Series A

$18M

2024

Series B

$14.5M

Angel/Seed (2020): $4M with participation from Undisclosed

Series A (2021): $18M led by Liam Randall, Addition, and Foundation Capital

Series B (2024): $14.5M supported by Uncorrelated Ventures, Foundation Capital, and SineWave Ventures

Key Investors in Stacklet

Uncorrelated Ventures

Uncorrelated Ventures is an investment firm specializing in infrastructure software, managing over $750 million in assets across three active funds. The firm focuses on both traditional and decentralized portfolios, having invested early in more than 100 companies. Their target clients include startups and emerging companies in the infrastructure and decentralized finance (DeFi) sectors.

Foundation Capital

Foundation Capital is a venture capital firm that partners with bold founders building category-defining technology companies, supporting entrepreneurs from the earliest stages through long-term growth with deep operational and strategic expertise. With a history of backing transformative ideas, the firm focuses on innovation that reshapes industries, guided by a strong belief in conviction, collaboration, and a commitment to lasting impact.

SineWave Ventures

SineWave Ventures is a premier early-stage venture capital firm that focuses on technology investments, bridging the gap between Silicon Valley and Capitol Hill. The firm specializes in investing in enterprise technologies with applications for both commercial and public sectors, emphasizing data analytics, cybersecurity, and advanced computing solutions.

What's next for Stacklet?

The recent major strategic investment positions Stacklet for accelerated expansion and further development of its cloud governance platform. With a clear focus on enterprise-level solutions, the company is poised to enhance its market penetration and deepen its technological capabilities. Future initiatives are likely to involve scaling operations, expanding its customer base, and potentially exploring new service offerings that align with the growing demand for sophisticated cloud management tools. This strategic backing will be instrumental in navigating the competitive cloud solutions market and solidifying Stacklet's position as a leader in the industry.

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Frequently Asked Questions Regarding Stacklet Financial Insights

What are the most recent funding rounds that Stacklet has completed, and what were the funding rounds?
Stacklet has recently completed 3 funding rounds: Series B on Jun 4, 2024, Series A on Jan 13, 2021, Angel/Seed on Aug 12, 2020.
What is the total amount of funding Stacklet has raised to date?
Stacklet has raised a total of $36.5M in funding to date.
How many funding rounds has Stacklet completed?
Stacklet has completed 3 funding rounds.
How much funding did Stacklet raise in its most recent funding round?
Stacklet raised $14.5M in its most recent funding round.
Who are the lead investors in Stacklet's latest funding round?
The lead investor in Stacklet's latest funding round was Uncorrelated Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Stacklet's history?
The largest funding round in Stacklet's history was $18M.
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