StackGen raised $12.3M in Seed funding led by Thomvest Ventures to accelerate product development and enhance its go-to-market strategy.

Sep 10, 2024•10 months ago

Amount Raised

$12.3 Million

Round Type

seed

San FranciscoInformation TechnologySoftware

Investors

Secure OctaneWest Wave CapitalFire Bolt VenturesThomvest Ventures

Description

StackGen, a generative infrastructure from code company, closed a $12.3 million Seed funding round. The funding will be used to accelerate product development and growth.

Company Information

Company

StackGen

Location

San Francisco, California, United States

About

StackGen, formerly known as AppCD, is a generative infrastructure from code company based in San Francisco, CA. The company specializes in generating Infrastructure from Code (IfC) to enhance the developer experience and enforce standards. Founded in 2023 by Sachin Aggarwal and Asif Awan, StackGen aims to reduce bottlenecks in the software development lifecycle and minimize cognitive overload. Their solutions target platform engineers and DevOps teams.

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

StackGen raised $12.3M in Seed funding led by Thomvest Ventures to accelerate product development and enhance its go-to-market strategy.

Investors

Description

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