What is Stacklet?
Headquartered in Arlington, Virginia, Stacklet operates within the IT cloud solutions sector, offering services focused on Cloud asset visibility, security best practices, cost savings, and operations governance excellence. The company's solutions are designed to help organizations manage and optimize their cloud infrastructure effectively, addressing critical needs for security, compliance, and financial accountability in complex cloud environments. This focus positions Stacklet as a key player in the rapidly expanding cloud management market.
How much funding has Stacklet raised?
Stacklet has raised a total of $36.5M across 3 funding rounds:
Angel/Seed
$4M
Series A
$18M
Series B
$14.5M
Angel/Seed (2020): $4M with participation from Undisclosed
Series A (2021): $18M led by Addition, Foundation Capital, and Liam Randall
Series B (2024): $14.5M supported by Foundation Capital, SineWave Ventures, and Uncorrelated Ventures
Key Investors in Stacklet
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. SineWave aims to democratize access to technology and improve operational efficiency for its clients, which include Fortune 500 companies and government entities. With a thesis-driven investment strategy and a concentrated portfolio, SineWave leverages its strategic network to drive innovation and performance in the technology landscape.
Uncorrelated Ventures
Uncorrelated 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. Uncorrelated aims to identify and support new unicorns and soonicorns in the technology landscape.
What's next for Stacklet?
The recent major strategic investment signals a pivotal phase for Stacklet, likely enabling accelerated product development, market expansion, and enhanced customer support. This capital infusion is expected to bolster the company's efforts in providing advanced cloud governance and security solutions, further solidifying its competitive edge. Stacklet's strategic backing suggests a focus on scaling operations and deepening its technological capabilities to meet the evolving demands of enterprise cloud adoption and management.
See full Stacklet company page
