Scalestack, a New York-based AI-powered all-in-one data enrichment, prioritization & activation platform for RevOps, has raised $1 million in its first funding round.
SaaS Investors
The round was led by investors including Ripple Ventures, Forum Ventures, Flyer One Ventures, Founders Network Fund, and others.
Ripple Ventures is an early-stage venture fund seeking investments in B2B SaaS Startups located in Canada and the U.S. The firm is seeking investments in various industries ripe for disruption with a focus on workflow automation and data and analytics platforms.
Forum Ventures is an early-stage fund, program, and community for B2B SaaS startups. Founded in 2014, the firm is on a mission to make the B2B SaaS journey easier, more accessible, and successful for early-stage founders through pre-seed and seed-stage funding, high touch programming, corporate perks and introductions, and an active SaaS community.
Flyer One Ventures is an early-stage venture capital firm that invests in startups in Europe and North America. They invest at the pre-seed, seed, and series A stages.
Founded in 2011, FN Fund is a seed-stage venture capital firm affiliated with Founders Network (FN), an invite-only community of tech startup founders. Founders Network is an accelerator and incubator firm based in San Francisco, California. The firm prefers to provide mentorship to a technology sector startups. based
Scalestack Use of Funds
The funds will be used to expand the platform's offerings and grow its market presence. Scalestack focuses on the targeting stage in sales technology, providing automated workflows for existing data, both internal and external.
About Scalestack
Founded by Elio Narciso and Alessandro Prioni, Scalestack AI is an all-in-one data enrichment, prioritization and activation platform built for RevOps and GTM leaders. It allows GTM teams to easily map existing data to their ideal customer profile and to their sales engine. Headquartered in New York, Scalestack's mission is to build products that make computers work for humans, so they can focus on what really matters. Scalestack counts leading SaaS companies like MongoDB and Typeform among its customers, who use it in increasing ways to unlock new levels of GTM productivity, and generate more pipeline.
Funding Details
Company: Scalestack, Inc.
Raised: $1.0M
Round: Unknown
Funding Month: November 2023
Lead Investors: Ripple Ventures, Forum Ventures, Flyer One Ventures, Founders Network Fund
Additional Investors:
Company Website: https://scalestack.ai/
Software Category: Sales Solutions
Source: https://www.prnewswire.com/news-releases/ai-powered-sales-tech-scalestack-closes-1mm-first-funding-round-and-renews-mongodb-as-customer-in-a-multi-year-deal-301992999.html