What is Stateless?
Stateless operates at the intersection of software-defined networking and infrastructure optimization. The company provides an industry-first SD-IX platform designed to empower network providers to maximize the utility of their existing assets. By enabling granular control over endpoints—ranging from tenant sites to massive cloud architectures—Stateless effectively reduces capital expenditures while enhancing operational agility. This technological approach addresses the growing demand for flexible, programmable network fabrics in an increasingly decentralized digital economy. As the firm scales, its focus remains on delivering high-performance connectivity solutions that bridge the gap between legacy infrastructure and modern, cloud-native requirements.
How much funding has Stateless raised?
Stateless has raised a total of $12.7M across 2 funding rounds:
Angel/Seed
$1.4M
Series A
$11.3M
Angel/Seed (2017): $1.4M with participation from Speedinvest, PV Ventures, Techstars, Service Provider Capital, and EVO Venture Partners
Series A (2019): $11.3M led by Speedinvest and Drive Capital
Key Investors in Stateless
Drive Capital
Drive Capital is a venture capital firm based in Columbus that invests in exceptional founders creating the next generation of market-defining companies, focusing on partnerships that drive growth from idea to IPO.
Service Provider Capital
Service Provider Capital is a venture capital fund that co-invests in Seed and Series A deals, connecting portfolio companies with potential investors and strategic partners through its extensive network.
EVO Venture Partners
EVO VP Global is a Dutch micro VC that partners with early-stage IT infrastructure startups, focusing on software-based infrastructures including networking, storage, and cloud technologies.
What's next for Stateless?
With the infusion of capital from its latest financing round, Stateless is poised to transition from its early-stage development phase into a period of aggressive market expansion. The strategic roadmap likely involves deepening its integration capabilities within hyperscale cloud ecosystems and expanding its footprint among enterprise-level network providers. By leveraging the expertise of its institutional backers, the company is expected to refine its SD-IX platform to meet the evolving demands of global data traffic. Future growth will likely center on scaling sales operations and enhancing the platform's ability to support complex, multi-tenant network environments, ensuring that Stateless remains at the forefront of the software-defined infrastructure revolution.
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