StackOne secured $3.6M in seed funding led by Episode 1 to invest in AI for unified API offering and market expansion.
Mar 05, 2024•over 1 year ago
Amount Raised
$3.6 Million
Round Type
seed
Investors
Sequoia's Scout FundCharlie SonghurstPortfolio VenturesPlayfair CapitalEpisode 1
Description
StackOne raised $3.6 million in seed funding led by Episode 1, with participation from Playfair Capital, Portfolio Ventures, Charlie Songhurst, Sequoia’s Scout fund, and other leading investors. The funding will be used to invest in AI to grow its unified API offering for the enterprise SaaS sector and further expand its presence in the US, EU, and Australian markets.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers