Fundz

CoreStack Announces $8.5 Million Series A Financing Round Led by Naya Ventures

PRIVATEMar 17, 2020

Amount Raised

$8 Million

Round Type

Series A

BellevueInformation TechnologySoftwareinformation technology & services

Description

CoreStack, a Seattle-based venture-backed startup that empowers enterprises to achieve continuous and autonomous cloud governance at scale, today announced an $8.5 million Series A funding round led by Naya Ventures alongside participation from other strategic investors. The investment round will bring CoreStack’s total funding to $13 million and will help the company aggressively expand its sales and marketing efforts as well as accelerate product development. Naya Ventures Managing Director Dayakar Puskoor will join CoreStack’s Board of Directors.

Quick answer

CoreStack raised $8 Million in a Series A round, dated March 17, 2020. CoreStack is based in Bellevue, Washington, United States.

How much did CoreStack raise?
CoreStack raised $8 Million in a Series A round on March 17, 2020.
What does CoreStack do?
CoreStack is an AI-Powered NextGen Cloud Governance and Security Platform helping 750+ global enterprises manage over $2B in cloud spend.
Where is CoreStack based and how big is it?
CoreStack is based in Bellevue, Washington, United States. Fundz records about 210 employees.
Who are the decision-makers at CoreStack?
Fundz holds 3 contacts at CoreStack, including the Founder, Chairman and CEO. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in information technology & services and Software around the same time

Companies in the same sectors as CoreStack that raised within 45 days of this round, from Fundz verified event records.

  • Confluent raised $250M (Series E) on April 21, 2020.
  • LinkSquares raised $12M on February 27, 2020.
  • Unqork raised $131M (Series B) on February 26, 2020.
  • Reggora raised $10M (Series A) on February 14, 2020.
  • IDEMIA Group, S.A.S. raised $9M on May 1, 2020.
  • Zenarate raised $255K (Seed) on May 1, 2020.

Who to call at CoreStack, and when

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Company Information

Company

CoreStack

Location

3600 136TH PL SE, SUITE 300

Bellevue, Washington, United States

About

CoreStack is an AI-Powered NextGen Cloud Governance and Security Platform helping 750+ global enterprises manage over $2B in cloud spend. With continuous, autonomous governance capabilities across security, compliance, operations, and cost, CoreStack empowers organizations to innovate with confidence. CoreStack is a strategic partner across AWS, Azure, GCP, and Oracle Cloud.

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Related People

3 contacts
Verified contactsEzhilarasan N., Founder, Chairman and CEO hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

CoreStack raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.