Fundz

Stack Raises $4.5 Million In A Seed Round From A Clutch Of Investors

PRIVATEDec 16, 2021

Amount Raised

$4.5 Million

Round Type

Seed

BengaluruOtherInformation TechnologyFinancial ServicesSoftware

Description

Stack, an automated investing app for millennials, has raised $4.5 million in a seed round led by global marquee investors such as Y Combinator, Harvard Management, Goodwater Capital, Soma Capital, Uncommon Capital and Earlsfield Capital.

Quick answer

Stack raised $4.5 Million in a Seed round, dated December 16, 2021. Stack is based in Bengaluru, Karnataka, India.

How much did Stack raise?
Stack raised $4.5 Million in a Seed round on December 16, 2021.
What does Stack do?
The startup would be using the fresh funds to expand the current team and enable more features to help users grow their money better.
Where is Stack based and how big is it?
Stack is based in Bengaluru, Karnataka, India.

Source: Fundz verified event record.

Who else raised in Financial Services and Software around the same time

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

  • Anchorage Digital raised $350M (Series D) on December 15, 2021.
  • Anchorage Digital raised $350M (Funding Round) on December 15, 2021.
  • Chrono.Tech raised $30M (Funding Round) on January 27, 2022.
  • Nala raised $10M (Seed) on January 27, 2022.
  • Byteboard raised $5M (Seed) on January 26, 2022.
  • T-Rex Group, Inc. raised $40M on January 26, 2022.

Who to call at Stack, and when

A new round usually means Stack is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Stack raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Stack, from your own LinkedIn network

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Company Information

Company

Stack

Location

Bengaluru, Karnataka, India

About

The startup would be using the fresh funds to expand the current team and enable more features to help users grow their money better. Stack aims to increase participation of Indians into equity markets by using smart automation to make investing simple and easy for everyone, the company said. Stack enables risk-free smart investments and aims to bring a revolution like Vanguard did in the US,” Tushar Vyas, cofounder said.

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Stack 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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